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Marc Chardon has been at the helm of Blackbaud, Inc. since November 2005. Before joining Blackbaud, he held various significant roles at Microsoft, including Chief Financial Officer for its Information Worker Business and General Manager in Europe. His leadership at...

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Marc Chardon

Ex-CEO of Blackbaud

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Technology

CEO of Blackbaud for

7 years 9 months (Nov 2005 - Aug 2013)

Previous Experience

Executive with Microsoft Corporation, most recently as the Chief Financial Officer for their Information Worker Business.

Holdings

See how much did Marc Chardon make over time.

Marc Chardon’s holdings in Blackbaud tell an interesting story. At the peak in 2011, he held stocks worth over $1.6 million, with a significant portion relying on the company’s performance metrics. This included over 45,000 shares of PRSUs, which he...

Mar 11, 2025

Total Stock Sold

$12.02M

BLKB

$12.02M

387,626 BLKB shares

What if they kept their stock?

If Marc Chardon didn't sell their stock, today they would have:
Extra BLKB387,626 shares worth $23.29M.
This is 93.77% and $11.27M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Marc Chardon.

BLKB

$1.65M

BLKB at $35.35/share

Aug 12, 2013

Sale

BLKB

$714.78K

BLKB at $30.96/share

May 3, 2013

Sale

BLKB

$39.06K

BLKB at $27.90/share

Feb 28, 2013

Sale

BLKB

$97.25K

BLKB at $27.73/share

Feb 19, 2013

Sale

BLKB

3,233 shares

BLKB

Feb 14, 2013

Received

BLKB

$432.41K

BLKB at $21.31/share

Nov 14, 2012

Sale

BLKB

6,462 shares

BLKB

Nov 14, 2012

Received

BLKB

23,053 shares

BLKB

Nov 6, 2012

Received

BLKB

$35.60K

BLKB at $25.21/share

Aug 22, 2012

Sale

BLKB

$2.70M

BLKB at $31.61/share

Feb 29, 2012

Sale

Compensation History

See how much did Marc Chardon make over time.

In 2012, Marc Chardon’s total compensation at Blackbaud was about $2.18 million, which included a salary of $608,925, a performance-driven bonus of $589,421, and vested stocks valued at $873,151. His bonus structure is particularly interesting, as it is targeted strictly around performance metrics, meaning he earns more when the company does well. This aligns his interests closely with that of shareholders. The compensation model he operates under emphasizes rewards based on set financial targets, showcasing a commitment to results that not all CEOs might prioritize.

Year

2012

Total Compensation

$2.11M

Salary

$608.93K

Board Justification

The compensation philosophy emphasizes performance-based compensation to align executive pay with company performance and shareholder interests.

Bonus

$589.42K

Board Justification

The total cash bonus is targeted at 100% of his annual base salary, with a maximum cash bonus of two times the target.

Other

$42.03K

Board Justification

Includes 401(k) company match, dividends paid on restricted stock, life and disability insurance premiums, and health savings account contributions.

Restricted Stock

$873.15K(38.39K restricted stock)

Board Justification

The number of shares acquired on vesting of restricted stock awards in 2012.

Performance Metrics

Performance metrics include revenue growth, customer retention, and other financial targets.