8-KFiled Aug 9, 8:00 PM ET

Blackbaud Inc. Appoints Anthony W. Boor to Board

$BLKB · BLACKBAUD INC

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Blackbaud Inc. Appoints Anthony W. Boor to Board

What Happened

  • Blackbaud, Inc. announced that on August 5, 2026 its Board appointed Anthony W. Boor as a Class A director. Mr. Boor will continue to serve as Executive Vice President of Corporate Development and Strategy. His Board term runs with the other Class A directors and expires at the 2029 annual meeting of stockholders. The 8-K was filed August 10, 2026.

Key Details

  • Appointment date: August 5, 2026; 8-K filed August 10, 2026.
  • Director class/term: Joined as a Class A director; term expires at the 2029 annual meeting.
  • Current role and pay: Continues as EVP of Corporate Development & Strategy; base salary $518,578 and annual equity incentive target 75% of base salary.
  • Retention agreement (effective April 24, 2023): if employment is terminated within 12 months following a change in control, Blackbaud would pay 1.5× base salary, accelerate and fully vest unvested equity awards, and reimburse COBRA premiums for up to 12 months.
  • No director committee assignments announced; Mr. Boor is not eligible for non-employee director compensation.

Why It Matters

  • This is an internal governance move: Blackbaud added a senior executive with deep company history to the Board, which can affect oversight and continuity of strategy.
  • The filing highlights contractual change-in-control protections tied to Mr. Boor’s employment, which could have compensation and dilution implications if a change in control occurs.
  • For investors, the appointment signals continuity in leadership (Mr. Boor has served in senior finance and strategy roles including EVP/CFO and interim CEO) but does not announce operational or financial changes.