Blackbaud, Inc. (NASDAQ: BLKB), the leading provider of software and related services designed specifically for nonprofit organizations, announced today that it has named Kevin Mooney to the role of chief commercial officer and senior vice president. He will be responsible for Blackbaud’s sales and marketing operations, including its eTapestry division in Indianapolis, Indiana. Before joining Blackbaud Kevin was a senior executive at Travelport GDS.
As chief commercial officer of Travelport GDS, one of the world’s largest travel conglomerates with revenue of $2.6 billion and operations in 145 countries, Mooney was responsible for global sales, marketing, service and support activities. In that role, he integrated the sales staff following Travelport’s acquisition of Worldspan and also rationalized and implemented a highly successful global pricing model. Prior to that, he was chief financial officer for Worldspan, where he was actively involved in selling the business to Travelport GDS.
Marc Chardon, president and chief executive officer of Blackbaud, said, “Kevin’s deep operational capabilities combined with his extensive consulting background and his international experience will be of great value to Blackbaud as the company pursues its strategy of expanding its spectrum of products and services to all areas of the nonprofit industry in the U. S. and across the globe.”
Mr. Mooney held key executive positions in the telecommunications industry before joining Travelport GDS. He was chief executive officer of Cincinnati Bell, a conglomerate that had interests in telecom, information services and customer care products. Earlier, he held management positions at Valuation Research Corporation, BellSouth Corporation and AT&T Corporation. He was also a consultant for The Carlyle Group, a private equity investment firm.
“Blackbaud’s mission of helping make the world a better place by working with the nonprofit community to improve lives,” said Mr. Mooney, “is outstanding because it both expresses the spirit of the company and because it shows a clear strategic business focus. When you look at the company’s growth and the outstanding commendations that customers give, it is easy to see the value created by a dedicated team of professionals. I look forward to working with them, and with our customers as we help them fulfill their mission.”
Mr. Mooney, who graduated from Seton Hall University and holds an MBA in Finance from Georgia State University, is currently a Director of tw telecom, Inc.
About Blackbaud
Blackbaud is the leading global provider of software and services designed specifically for nonprofit organizations, enabling them to improve operational efficiency, build strong relationships, and raise more money to support their missions. Approximately 19,000 organizations — including the American Red Cross, Dartmouth College, the WGBH Educational Foundation, Episcopal High School, Lincoln Center, Cancer Research UK, Special Olympics, and Arthritis Foundation — use one or more of Blackbaud products and services for fundraising, constituent relationship management, financial management, direct marketing, school administration, ticketing, business intelligence, website management, prospect research, consulting, and analytics. Since 1981, Blackbaud’s sole focus and expertise has been partnering with nonprofits and providing them the solutions they need to make a difference in their local communities and worldwide. Headquartered in the United States, Blackbaud also has operations in Canada, the United Kingdom, and Australia. For more information, visit www.blackbaud.com.
Forward-looking Statements
Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following risks related to the expected timing and financial or other benefits of the Kintera acquisition: uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; general economic risks; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks related to our dividend policy and share repurchase program, including potential limitations on our ability to grow and the possibility that we might discontinue payment of dividends; risks relating to restrictions imposed by the credit facility; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organizations; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC’s website at www.sec.gov upon request from Blackbaud's investor relations department.
All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.
Contacts:
ICR
Tim Dolan, 617-956-6727
timothy.dolan@icrinc.com
or
Media:
Blackbaud,
Inc.
Melanie Milonas, 843-216-6200 x 3307
melanie.milonas@blackbaud.com
