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BLACKBAUD CFO PLANS EXIT

Timothy WilliamsNo one can accuse Timothy Williams of hurrying to leave Blackbaud, where he has served as CFO for 10 years. Williams has announced he will leave the Charleston, S.C.-based nonprofit vendor next year after a replacement is found. The company said it will evaluate internal and external candidates and start a search process this year. Williams' total compensation for 2010 is $841,496, which is down significantly from a couple of years ago largely because of a decrease in bonuses during the current economic problems.
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