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Blackbaud CEO Marc Chardon to step down this year

Howard Lake | 24 January 2013 | News

Marc Chardon, CEO and President of Blackbaud, will leave the company this year. He has led the technology and services company for seven years.

The decision "was made jointly by the Board and Mr Chardon", according to a company statement, "as part of the Company’s business and succession planning efforts". He will leave by the end of 2013, or earlier if a successor is appointed.

When he leaves Blackbaud Chardon has said that he plans to advise and invest in technology start-ups and devote more time to the philanthropic community.

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Chardon said: "Now is the right time to select a new leader for the next phase of the Company’s development and growth. I will work with the Board to help identify the best possible candidate to serve as Blackbaud’s next President and CEO and to ensure that this transition is seamless for all of our stakeholders".

Under Chardon's leadership, Blackbaud has nearly tripled its revenues.

www.blackbaud.com

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