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Blackbaud Announces Leadership Changes with New CFO

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Blackbaud ( (BLKB) ) has issued an update.

On April 30, 2025, Blackbaud announced leadership changes with Chad Anderson promoted to Executive Vice President and Chief Financial Officer, succeeding Anthony W. Boor, who transitioned to Executive Vice President of Corporate Development and Strategy. These changes aim to enhance Blackbaud’s financial operations and strategic development, with Anderson bringing extensive experience from his previous roles within the company and Boor focusing on long-term value and enterprise-wide strategies.

Spark’s Take on BLKB Stock

According to Spark, TipRanks’ AI Analyst, BLKB is a Neutral.

Blackbaud’s overall stock score reflects its solid cash flow and strategic initiatives, balanced by high leverage and valuation concerns. While technical indicators suggest caution, strong earnings guidance and innovation efforts provide a positive outlook.

To see Spark’s full report on BLKB stock, click here.

More about Blackbaud

Blackbaud (NASDAQ: BLKB) is a leading software provider dedicated to powering social impact, serving the nonprofit and education sectors, companies committed to social responsibility, and individual change makers. Its software accelerates impact in areas such as fundraising, nonprofit financial management, digital giving, grantmaking, corporate social responsibility, and education management. With operations in multiple countries and millions of users, Blackbaud’s platforms manage over $100 billion annually.

YTD Price Performance: -13.39%

Average Trading Volume: 338,474

Technical Sentiment Signal: Buy

Current Market Cap: $3.1B

Find detailed analytics on BLKB stock on TipRanks’ Stock Analysis page.

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