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Blackbaud Executive Compensation (FY25)

BLKB · Charleston, SC · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Michael Gianoni
Median of the other named officers
$3,127,620
5 officers, excluding the chief executive
Latest say-on-pay support
=
June 10, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 23, 2026Latest filing (8-K): June 11, 2026
15 filings cited on this page
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481 figures on this page: 470 cited to the filing that reported them, 11 calculated from figures it prints. See the citations

More on Blackbaud

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Michael Gianoni: $10,225,840 → $6,022,250 (41.1% lower)
Say-on-pay support: 95.0% → 98.3% (3.3 points higher)
CEO pay ratio: 87:1 → 51:1 (41.4% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Blackbaud's chief executive and what were they paid?
Michael Gianoni, CEO, President and Vice Chairman of the Board, received $6,022,250 in total compensation for fiscal 2025. Gianoni's total moved 41.1% lower from the $10,225,840 reported for fiscal 2024.
What was Blackbaud's say-on-pay result?
The say-on-pay proposal drew 98.3% of votes cast for or against in favor at the meeting held June 10, 2026 for fiscal 2025.
Which companies are in Blackbaud's peer group?
Companies named in the disclosed peer group include ACI Worldwide, Inc., BILL Holdings, Inc., Box, Inc., Commvault Systems, Inc. and E2open Parent Holdings, Inc., among others.
What is Blackbaud's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 51:1, against median employee compensation of $118,728.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael Gianoni
Chief Executive Officer, President and Vice Chairman of the Board
◇—◇———◇◇
Kevin Gregoire
Executive Vice President and Chief Operating Officer
◇—◇———◇◇
David Benjamin
Executive Vice President and Chief Commercial Officer
◇—◇———◇◇
Anthony Boor
Executive Vice President and Chief Financial Officer
◇—◇———◇◇
Kevin McDearis
Executive Vice President and Chief Technology Officer
◇—◇———◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael Gianoni
CEO, President and Vice Chairman of the Board
◇—◇———◇◇
Anthony Boor
Executive Vice President and CFO
◇—◇———◇◇
David Benjamin
Executive Vice President and CCO
◇—◇———◇◇
Kevin Gregoire
Executive Vice President and COO
◇—◇———◇◇
Kevin McDearis
Executive Vice President and CTO
◇—◇———◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael Gianoni
Chief Executive Officer, President and Vice Chairman of the Board
◇—◇———◇◇
Anthony Boor
Executive Vice President of Corporate Development and Strategy
◇—◇———◇◇
Kevin Gregoire
Executive Vice President and Chief Operating Officer
◇—◇———◇◇
David Benjamin
Executive Vice President and Chief Commercial Officer
◇—◇———◇◇
Kevin McDearis
Executive Vice President and Chief Technology Officer
◇—◇———◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael Gianoni
CEO, President and Vice Chairman of the Board
◇—◇———◇◇
Kevin Gregoire
Executive Vice President and COO
◇—◇———◇◇
Anthony Boor
Executive Vice President of Corporate Development and Strategy
◇—◇———◇◇
David Benjamin
Executive Vice President and CCO
◇—◇———◇◇
Kevin McDearis
Executive Vice President and CTO
◇—◇———◇◇
Chad Anderson
Executive Vice President and CFO
◇—◇———◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Anthony W. BoorPSU◇◇◇—◇—◇
Anthony W. BoorPSU◇◇◇—◇—◇
Anthony W. BoorPSU◇◇◇—◇—◇
Anthony W. BoorPSU◇— withheld◇—◇—◇
Anthony W. BoorPSU◇◇◇—◇—◇
Anthony W. BoorPSU◇◇◇—◇—◇
Chad M. AndersonPSU◇◇◇—◇—◇
Chad M. AndersonPSU◇◇◇—◇—◇
Chad M. AndersonPSU◇◇◇—◇—◇
Chad M. AndersonPSU◇◇◇—◇—◇
David J. BenjaminPSU◇◇◇—◇—◇
David J. BenjaminPSU◇◇◇—◇—◇
David J. BenjaminPSU◇— withheld◇—◇—◇
David J. BenjaminPSU◇◇◇—◇—◇
David J. BenjaminPSU◇◇◇—◇—◇
David J. BenjaminPSU◇◇◇—◇—◇
Kevin P. GregoirePSU◇◇◇—◇—◇
Kevin P. GregoirePSU◇◇◇—◇—◇
Kevin P. GregoirePSU◇◇◇—◇—◇
Kevin P. GregoirePSU◇— withheld◇—◇—◇
Kevin P. GregoirePSU◇◇◇—◇—◇
Kevin P. GregoirePSU◇◇◇—◇—◇
Kevin R. McDearisPSU◇— withheld◇—◇—◇
Kevin R. McDearisPSU◇◇◇—◇—◇
Kevin R. McDearisPSU◇◇◇—◇—◇
Kevin R. McDearisPSU◇— withheld◇—◇—◇
Kevin R. McDearisPSU◇◇◇—◇—◇
Kevin R. McDearisPSU◇◇◇—◇—◇
Michael P. GianoniPSU◇◇◇—◇—◇
Michael P. GianoniPSU◇◇◇—◇—◇
Michael P. GianoniPSU◇◇◇—◇—◇
Michael P. GianoniPSU◇◇◇—◇—◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Michael GianoniRSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
David BenjaminRSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Chad AndersonRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Anthony BoorRSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Kevin GregoireRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Kevin McDearisRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Anthony Boor
Executive Vice President of Corporate Development and Strategy · Terms as described in the company’s compensation discussion · citing a 2025 filing
Change-in-control multiple◇
Change-in-control base◇
Equity acceleration on change in control◇
David Benjamin
Executive Vice President and CCO · Terms as described in the company’s compensation discussion · citing a 2025 filing
Change-in-control base◇
Equity acceleration on change in control◇
Kevin Gregoire
Executive Vice President and COO · Terms as described in the company’s compensation discussion · citing a 2025 filing
Change-in-control base◇
Equity acceleration on change in control◇
Kevin McDearis
Executive Vice President and CTO · Terms as described in the company’s compensation discussion · citing a 2025 filing
Change-in-control multiple◇
Change-in-control base◇
Equity acceleration on change in control◇
Michael Gianoni
CEO, President and Vice Chairman of the Board · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Change-in-control base◇
Equity acceleration on change in control◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andrew M. Leitch
◇◇————◇
Kristian P. Talvitie
◇◇————◇
Deneen M. DeFiore
◇◇————◇
D. Roger Nanney
◇◇————◇
Bradley L. Pyburn
◇◇————◇
Rupal S. Hollenbeck
◇◇————◇
Yogesh K. Gupta
◇◇————◇
Sarah E. Nash
◇—————◇
Michael P. Gianoni served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as Rsas.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • ACI Worldwide, Inc. ACIW
  • BILL Holdings, Inc. BILL
  • Box, Inc. BOX
  • Commvault Systems, Inc. CVLT
  • E2open Parent Holdings, Inc. ETWO
  • Elastic N.V. ESTC
  • Five9, Inc. FIVN
  • Guidewire Software, Inc. GWRE
  • Informatica, Inc. INFA
  • Pegasystems, Inc. PEGA
  • Rapid7, Inc. RPD
  • SolarWinds Corporation SWI
  • Tenable Holdings, Inc. TENB
  • Tyler Technologies, Inc. TYL
  • Verint Systems, Inc. VRNT

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 10, 2026=◇◇◇
2024June 11, 2025=◇◇◇
2023June 12, 2024=◇◇◇
2022June 14, 2023=◇◇◇
2021June 9, 2022=◇◇◇
2020June 10, 2021=◇◇◇
2019June 10, 2020=◇◇◇
2018June 13, 2019=◇◇◇
2017June 12, 2018=◇◇◇
2016June 13, 2017=◇◇◇
2015June 15, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Michael Gianoni (CEO, President and Vice Chairman of the Board), FY2025 total compensation $6,022,250 (base salary $800,031) [exec_comp, SEC accession 0001280058-26-000009, filed 2026-04-21]

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What this page does not include

Everything above is a fact Blackbaud disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Blackbaud sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
481 figures on this page: 470 cited to the filing that reported them, 11 calculated from figures it prints.
470 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001280058-26-000018
  2. 0001280058-26-000009
    2025 GRANTS OF PLAN-BASED AWARDS TABLE · CEO Pay Ratio · Compensation Tables · Director Compensation · and 1 more section
  3. 0001280058-25-000035
  4. 0001280058-25-000017
    2024 SUMMARY COMPENSATION TABLE · Compensation Discussion and Analysis · Compensation Tables · Grants of Plan-Based Awards
  5. 0001280058-24-000046
  6. 0001280058-24-000032
    Compensation Tables
  7. 0001280058-23-000029
  8. 0001280058-23-000017
    Compensation Tables
  9. 0001280058-22-000027
  10. 0001280058-21-000026
  11. 0001280058-20-000029
  12. 0001280058-19-000024
  13. 0001280058-18-000024
  14. 0001626129-17-000412
  15. 0001280058-16-000066
Cite this data
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Velarion, “Blackbaud executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/BLKB (accessed 2026).
Short form: data: Velarion

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15 filings cited on this page
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Tech — Software rankings

Chief executive pay — Tech — SoftwareCEO pay ratio — Tech — SoftwareSay-on-pay support — Tech — Software

Peers Blackbaud discloses

The companies named in BLKB's own disclosed peer group.

ACI Worldwide, Inc.BILL Holdings, Inc.Box, Inc.Commvault Systems, Inc.E2open Parent Holdings, Inc.Elastic N.V.Five9, Inc.Guidewire Software, Inc.Informatica, Inc.Pegasystems, Inc.Rapid7, Inc.SolarWinds CorporationTenable Holdings, Inc.Tyler Technologies, Inc.Verint Systems, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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