Blackbaud Appoints New Global Product Development Chief
Kevin McDearis to lead product and services organization as
Senior Vice President of Global Product Development
Charleston, S.C.(July 29, 2014) – Blackbaud, Inc. (Nasdaq: BLKB), a leading global provider of software and services for nonprofits, today announced that seasoned information technology executive, Kevin McDearis, will assume the role of Senior Vice President of Global Product Development.
“Kevin McDearis joins Blackbaud with more than 27 years of IT leadership experience across various industries, and a consistent track record of delivering leading technology solutions that meet or exceed revenue, cost and shareholder value objectives,” said Blackbaud chief executive officer, Mike Gianoni. “As we embrace a multi-year vision to take product and service innovation to new levels, I’m confident Kevin’s leadership will fulfill our objective to continue increasing value for Blackbaud customers, while setting a new standard of excellence in the nonprofit technology sector.”
Having served in the financial services, ecommerce and supply chain industries, McDearis was recently nominated by his peers, and is a finalist for Georgia CIO of the year in the enterprise category. Most recently, he served as Chief Information Officer for Manhattan Associates, Inc., where he was responsible for leading a global IT organization in strategy development, organization development, portfolio and project management, software and infrastructure engineering, service delivery and operations. Prior to Manhattan Associates, McDearis served as Chief Technology Officer for the Enterprise Technology Group at Fiserv and was Senior Vice President of Infrastructure Services at CheckFree.
“I’m eager to join a company whose mission is helping nonprofits achieve their goals,” said McDearis. “An exciting generational change is taking place, driving increased cause-minded behavior. This, coupled with the accelerated consumerization of technology, creates tremendous opportunity for nonprofits to retain and reach new sources of support. I’m confident that Blackbaud’s go-forward vision will help customers fully embrace this opportunity, and will again take nonprofit computing to the leading edge of innovation, quality and support.”
McDearis steps into a leadership role that was overseen for the last 10 months by interim leader Mary Beth Westmoreland, who – as a result of this announcement – continues as Vice President of Engineering, Mass Markets, reporting to McDearis.
McDearis assumes this new role effective August 4.
Serving the nonprofit and education sectors for more than 30 years, Blackbaud (NASDAQ: BLKB) combines technology and expertise to help organizations achieve their missions. Blackbaud works with more than 30,000 customers in over 60 countries that support higher education, healthcare, human services, arts and culture, faith, the environment, independent K12 education, animal welfare and other charitable causes. The company offers a full spectrum of cloud-based and on-premise software solutions and related services for organizations of all sizes including:fundraising, eMarketing, advocacy, constituent relationship management(CRM), financial management, payment solutions, analyticsand vertical-specific solutions. Using Blackbaud technology, these organizations raise more than $100 billion each year. Recognized as a top company by Forbes, InformationWeek, and Software Magazine and honored by Best Places to Work, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada, Ireland the Netherlands and the United Kingdom. For more information, visit www.blackbaud.com.
Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks related to our dividend policy and share repurchase program, including potential limitations on our ability to grow and the possibility that we might discontinue payment of dividends; risks relating to restrictions imposed by the credit facility; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC’s website at www.sec.gov or upon request from Blackbaud’s investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.