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BlackbaudThis story is cross posted from our sister site Bob Scott's Insights.

CEO Marc Chardon will leave Blackbaud at the end of 2013 or earlier if the company can find a successor. According to the official statement from the Charleston, S.C.-based nonprofit vendor "Following his departure, Mr. Chardon intends to pursue business interests advising and investing in technology start-ups and devote more time to the philanthropic community."

I'm glad that I reported at the end of 2012 that the Blackbaud board of directors had eased Chardon's non-compete should he leave the company by making it apply only to the United States. Chardon has spent seven years on the job, so it's likely he's earned a change of scenery. Chardon has dual U.S.-French citizenship so he also has some options. With Chardon's departure, Blackbaud goes from a group of executives with lots of years in their positions to a much less-tenured group. In November 2011, the company hired Anthony W. Boor as CFO to replace Timothy V. Williams, who retired after 10 years on the job.

Last modified on Sunday, 19 May 2013
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