Monday, November 18, 2013
Blackbaud (Nasdaq: BLKB), a leading global provider of software and services designed for nonprofits, today announced that Michael P. Gianoni has been named president and chief executive officer, effective Jan. 13, 2014. Gianoni will also join the Blackbaud Board of Directors, effective upon becoming chief executive officer. Anthony Boor, who has served as interim president and chief executive officer since Aug. 31, will maintain that role until January 13, 2014, after which he will continue to serve as chief financial officer and senior vice president, finance and administration.
Gianoni, 52, brings extensive experience critical to Blackbaud’s growth, operational excellence and market leadership goals. Most recently, he served as executive vice president and group president, Financial Institutions Group at Fiserv, Inc. (Nasdaq: FISV), a leading global provider of financial services technology solutions. He previously served as president of the Investment Services division at Fiserv, where he was responsible for product, technology, sales, finance, operations and strategy.
“After conducting a thorough search process, we are excited to announce Mike’s appointment as president and CEO of Blackbaud,” said Andrew Leitch, chairman of the Blackbaud Board of Directors. “His significant experience and expertise in software solutions and product development make him the ideal candidate to lead Blackbaud during its next phase of growth. In addition to his extensive industry background, he has a proven track record of delivering operational excellence and scaling a technology business.
“On behalf of the board, I would like to thank Tony for his dedication to the team as interim CEO. We look forward to his continued contributions in the coming months in this role and as chief financial officer. Mike’s skills, coupled with Tony’s financial acumen, together with the rest of the management team, will help guide the company to further enhance innovation, simplify and strengthen our product portfolio, respond to the market demand for SaaS technology and improve operational excellence while delivering greater value to both our customers and shareholders.”
Gianoni joined Fiserv as part of its acquisition of CheckFree, where he served as executive vice president and general manager of CheckFree Investment Services. He spent 11 years at DST Systems Inc. where he led various divisions focused on developing new platforms while ensuring stronger operational controls. Earlier in his career, Gianoni worked at Applications Systems Group, Sequent Computer Systems, Wang Laboratories, U.S. Design Corporation and Canberra Industries.
“It is a privilege to join the Blackbaud team at such an exciting time in the company’s growth,” said Gianoni. “Blackbaud has a rich history of supporting the missions of nonprofit organizations, and I look forward to further extending the company’s contributions to this vital sector and building on its track record of success.”
Gianoni received his associate degree in electrical engineering at Waterbury State Technical College, his bachelor’s degree with a business concentration from Charter Oak State College and his masters of business administration degree from the University of New Haven. He will be based out of Blackbaud’s Charleston headquarters.
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