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.
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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.
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