The story was the same with the other four executives as stock awards represented 66 percent of more of their compensation last year. CFO Anthony Boor had $2.8 million in 2015 compensation, up 111 percent from $1.3 million. EVP Kevin Mooney, who heads the general markets business unit, had pay of $2.3 million, up from $1.1 million. EVP of corporate and product strategy Charles Cumbaa, made $2.2 million, compared to slightly more than $1 million the prior year. EVP Brian E. Boruff, president of the enterprise customer business unit, had compensation of $1.6 million for 2015. He was hired on May 4.
BLACKBAUD COMPENSATION BOOMS Featured
Four Blackbaud executives saw their pay at least double in the year ended December 31. Stock awards given by the Charleston, S.C.-based nonprofit software company boosted their compensation over 2014. CEO Michael Gianoni received $11.5 million for 2015, an increase of 140 percent from $4.8 million the prior year. The overwhelming amount of Gianoni’s pay was $10.1 million in stock awards, up 284.4 percent from $2.6 million in 2014.
