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Blackbaud CEO Arrested

Blackbaud Projects $1B In Revenue, Millions In Breach Costs

Blackbaud President and CEO Michael Gianoni was arrested on suspicion of driving while under the influence first offense while in Isle of Palms, South Carolina. He was arrested after a traffic stop while returning from a family event, according to information in the police report.

Gianoni, 63, was taken into custody at 2:20 a.m. on February 16 after police spotted his Mercedes SUV with high beams on within 200 feet of two vehicles, one of which was a police vehicle. Gianoni’s SUV crossed over the road’s white fog line and a turn signal was not used when changing lanes.

Gianoni was given field sobriety tests and then brought to Isle of Palms Police headquarters for a breathalyzer test, which he declined, according to information in the police report. He was taken to the Al Cannon Detention Center and posted a $992 personal recognizance bond the next morning, according to Matthew R. Storen, sergeant, special services at the Isle of Palms Police Department.

Gianoni, who is also vice chair of Blackbaud’s board, has an April 24 date in municipal court.

The NonProfit Times reached out to Blackbaud for a comment during the holiday weekend, but no response has yet been received.

Blackbaud is a public company with shares traded on the NASDAQ exchange under the symbol BLKB. The stock closed Friday at $69.14 per share, down $3.14 per share. The stock is down 20% year to date but up 19.35% for the 12 months ended Friday.