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BLACKBAUD CEO COMP UP 16.2 PERCENT Featured

Gianoni MikeBlackbaud CEO Michael Gianoni saw his compensation for the year ended December 31 rise by 16.2 percent over 2017. At the same time, pay for two other top executives of the non-profit software company went down, it reported last month in SEC filings.

Gianoni’s compensation last year was $9.3 million, up from slightly less than $8 million in 2017. The overwhelming portion of that was from stock awards of $7.9 million last year, a 20.8-percent increase from $6.5 million the prior year. However, CFO Tony Boor saw his income dip to $3.7 million for 2018, off 8.3 percent from slightly more than $4 million. That stemmed from lower stock awards, which fell to slightly less than $3 million last year, down 9.4 percent from $3.3 million a year earlier. Kevin Mooney, EVP of the company’s general market group, also saw a drop in stock awards cut into his compensation. Mooney received $2.7 million in 2018, off 7.6 percent from $2.9 million in 2017. His stock awards of just under $2 million, fell 9.3 percent from $2.2 million. In his first year as a named executive, Kevin Gregoire, EVP of the enterprise market group, received $2.4 million. Also new on the list, general counsel Jon Olson had $1.2 million in compensation.

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