Blackbaud, Inc. filed a Form 8-K on August 10, 2026, disclosing the appointment of Anthony W. Boor as a new member of its Board of Directors, effective August 5, 2026.

Key Highlights

  • New board member: Anthony W. Boor was appointed to Blackbaud's Board of Directors on August 5, 2026.
  • Class A director: Mr. Boor joined as a Class A director, with his term expiring at the 2029 annual meeting of stockholders.
  • Dual role: Mr. Boor continues to serve as the company's Executive Vice President of Corporate Development and Strategy while also serving on the Board.
  • Annual base salary: Mr. Boor's annual base salary is $518,578, with an annual equity incentive bonus target of 75% of his annual base salary.
  • Retention agreement: A retention agreement effective April 24, 2023, entitles Mr. Boor to 1.5 times his base salary, accelerated equity vesting, and up to 12 months of COBRA reimbursement upon qualifying termination following a change in control.
  • No committee assignments yet: According to the filing, no determination has been made regarding whether Mr. Boor will be named to any committees of the Board.

Blackbaud's Board Expansion: Boor's Background and Compensation Terms

According to the filing, Blackbaud's Board of Directors appointed Anthony W. Boor as a new board member on August 5, 2026. Mr. Boor, who currently serves as the company's Executive Vice President of Corporate Development and Strategy, will continue in that operational role while also serving as a Class A director. His board term is set to expire alongside other Class A directors at the 2029 annual meeting of stockholders.

The filing details Mr. Boor's extensive history with Blackbaud. He served as the company's Executive Vice President and Chief Financial Officer and Principal Accounting Officer from November 2011 to April 2025, and briefly as interim President and Chief Executive Officer from August 2013 to January 2014. Prior to Blackbaud, he held executive positions at Brightpoint, Inc., including Executive Vice President, Chief Financial Officer and Treasurer, and previously worked at Macmillan Computer Publishing, Inc., Ernst & Young LLP, and KPMG LLP, among other organizations. He holds a BS in Accounting from New Mexico State University.

The filing also outlines Mr. Boor's compensation arrangements. His annual base salary is $518,578 and his annual equity incentive bonus target is 75% of his annual base salary. He participates in compensation and benefit programs available to other company officers, but the filing states he is not entitled to participate in the company's director compensation program, which is available to non-employee directors only. The retention agreement, effective April 24, 2023, provides that if his employment is terminated within 12 months following a change in control, the company would be obligated to pay 1.5 times his base salary, accelerate and fully vest any then-unvested stock options and other equity awards, and reimburse COBRA premiums for up to 12 months.

What Was Disclosed

Blackbaud disclosed the August 5, 2026, board appointment of executive Anthony W. Boor as a Class A director, his continued role as Executive Vice President of Corporate Development and Strategy, his compensation terms, and the key provisions of his existing retention agreement.