Chad Anderson Takes Over as CFO at Blackbaud to Drive Growth and Impact

Chad Anderson Takes the Helm as CFO at Blackbaud

In a significant leadership change, Blackbaud (NASDAQ: BLKB), a frontrunner in software solutions for social impact, has promoted Chad Anderson to the role of Chief Financial Officer (CFO). This decision was officially announced on April 30, 2025, as part of the company's ongoing commitment to enhance its financial operations and overall impact in the nonprofit sector.

Chad Anderson, who has been with Blackbaud for twelve years, previously served as the Chief Accounting Officer. In this capacity, he effectively managed the company's accounting operations, financial health, and compliance. Anderson joined Blackbaud in 2013 and has played a vital role in modernizing the financial organization, ensuring compliance, and improving efficiency across its operations. Prior to his tenure at Blackbaud, he had a notable career at Brightpoint Inc., providing him with substantial experience in the global finance sector.

In his new role as CFO, Anderson will spearhead the company’s financial reporting, controls, and investor relations. His extensive understanding of Blackbaud’s business dynamics and familiarity with its customer base are expected to drive better financial strategies moving forward.

Mike Gianoni, President and CEO of Blackbaud, expressed enthusiasm regarding Anderson's promotion, stating, "Chad is a highly accomplished global finance executive with deep knowledge of our business and the industry. He has significantly contributed to the maturation and efficiency of our financial organization."

Tony Boor, the outgoing CFO, is transitioning into the role of Executive Vice President for Corporate Development and Strategy after serving as the CFO for an impressive fourteen years. Boor has been instrumental in establishing a formidable finance organization at Blackbaud. His new responsibilities will focus on advancing the company's long-term value and devising enterprise-wide strategies aimed at maximizing impact and efficiency. Gianoni also acknowledged Boor’s efforts, highlighting their aim for Blackbaud to attain the Rule of 45 by the year 2030.

Both Anderson and Boor will continue to be integral members of Blackbaud's executive leadership team, contributing to shaping the company’s future direction. This leadership transition is part of a broader strategy to elevate Blackbaud’s operational excellence in an increasingly competitive landscape.

What Lies Ahead for Blackbaud

Blackbaud is recognized as a leading software provider dedicated exclusively to driving social impact. It offers solutions primarily for the nonprofit and educational sectors, aiming to empower organizations committed to social responsibility. With millions of users around the globe, Blackbaud facilitates over $100 billion in fundraising, grant-making, and other essential financial activities through its platforms annually.

The company's remote-first workforce spans across various countries, including the United States, Australia, Canada, Costa Rica, India, and the United Kingdom, providing services to over 100 countries. Blackbaud is also listed among Newsweek's Most Responsible Companies, Quartz’s Best Companies for Remote Workers, and Forbes' Best Employers list.

Anderson's leadership is now set against the backdrop of a critical phase in Blackbaud’s mission. The focus on efficiency, compliance, and strategic financial operations aligns perfectly with the increasing demand for transparency and accountability in the nonprofit sector. As Chad Anderson embarks on this new chapter, stakeholders will be keenly watching how these changes influence Blackbaud’s strategy and performance in the coming years.

In conclusion, with the promotion of Chad Anderson to CFO, Blackbaud has positioned itself for sustained growth and influence in the social impact sphere, ensuring its foundational values resonate strongly with the communities it serves.