Since Blackbaud (BLKB) is one of the largest publicly traded employers in the Charleston (SC) area and a highly visible corporate citizen, the local media dedicates plenty of ink to the goings on over at their Daniel Island headquarters. The front page of the business section in the March 30, 2014, edition of the Post and Courier featured Blackbaud’s new CEO Mike Gianoni.
I particularly enjoyed learning about his own professional rise from boots on the ground to management to leadership. I think that kind of background will play out well with the rank and file at Blackbaud, which tends to promote from within.
I’d be curious to hear your thoughts on his plan to spend over $ 16 million this year to implement his vision to “increase sales and improve other areas”. As a former stock broker and current shareholder, I’m not so sure how I feel about that-unless, of course, it includes significant raises for my many former colleagues who are still there 😉
Keeping you on the Leading Edge,