Blackbaud Appoints New Leadership Within Vertical Markets

Rhea-AI Summary

Blackbaud (NASDAQ: BLKB) announced key promotions within its leadership team on July 9, 2020. Page Bullington will now serve as president and general manager of Blackbaud Foundation Solutions while maintaining her role in Blackbaud Healthcare Solutions. Chris Krackeler has been elevated to president and general manager of Blackbaud Higher Education Solutions. The company emphasizes that both leaders possess extensive experience and proven success in the social good sector, indicating a strong potential for continued growth in these markets.

Positive

• Page Bullington's leadership in healthcare solutions has resulted in partnerships with 30 of the top 32 health systems in the U.S.
• Krackeler brings over 20 years of experience in sales and business development, expected to enhance the Higher Education Solutions division.

Negative

• None.

CHARLESTON, S.C., July 9, 2020 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, is pleased to announce that Page Bullington will take the helm of Blackbaud Foundation Solutions as president and general manager in addition to her role leading Blackbaud Healthcare Solutions™, and Chris Krackeler has been promoted to president and general manager for Blackbaud Higher Education Solutions.

"Foundations and higher education continue to be areas of growth for Blackbaud, and we couldn't be more pleased to appoint two proven leaders from within our organization to lead these important vertical markets," said Kevin Gregoire, executive vice president and president of Enterprise Markets Group, Blackbaud. "Both Page and Chris have proven track records within the social good space and have had considerable success within Blackbaud to date. I'm confident Page and Chris will provide the strong leadership, ingenuity and guidance needed to take these areas of our business to the next level."

Page Bullington to Lead Blackbaud Foundation Solutions
As a trusted leader having led Blackbaud's Healthcare Solutions as president and GM since 2018, Bullington will now also lead Blackbaud Foundation Solutions. In her new role, Bullington will lead the business and sales strategy for Blackbaud Foundation Solutions.

Since joining Blackbaud nearly 13 years ago, Bullington has served in leadership roles throughout the organization, most recently managing Blackbaud's healthcare business. Under her leadership, Blackbaud Healthcare Solutions is now the technology partner to 30 of the top 32 health systems in the U.S. Bullington was instrumental in developing Blackbaud's Grateful Patient offering and in the cultivation of Blackbaud's Target Analytics business. Bullington will continue leading Blackbaud's healthcare business in addition to her new responsibilities as president and GM of Blackbaud Foundation Solutions.

Blackbaud customers raise, grant and invest over $100 billion in their programming each year. Serving the unique needs of both community foundations and independent and family foundations, Blackbaud provides comprehensive cloud solutions designed for high performance, security and ease of use. Through its solutions, Blackbaud connects a thriving community of funders and nonprofits to ignite impact.

"Healthcare organizations and foundations are vital to the populations and communities they serve," said Bullington. "Now more than ever, these organizations are relying on cloud technology to strengthen their critical missions, which profoundly impact the health and well-being of so many. I am humbled and excited to lead these two groups, while continuing to elevate Blackbaud as a strategic partner and leader for the social good community."

Bullington is active in mentoring programs at Blackbaud and the senior women's executive council. Bullington earned her bachelor's degree from the Honors Program at Winthrop University, where she graduated cum laude and holds a Master of Public Administration degree from the College of Charleston, where she graduated summa cum laude. She lives in Charleston and currently serves as president for HALOS of Charleston, a social good organization serving the kinship care community.

Chris Krackeler Appointed President and GM, Blackbaud Higher Education Solutions
As president and general manager of Blackbaud Higher Education Solutions, Krackeler will lead Blackbaud's higher education business, succeeding Tim Hill, who is now a strategic advisor for Blackbaud Higher Education Solutions.

Krackeler is a proven leader with more than 20 years of experience leading high-performing sales and business development organizations at the intersection of technology and social good. He has been with Blackbaud since 2012, most recently serving as vice president of sales and market development for higher education. Prior to that, Krackeler was vice president of Blackbaud's Enterprise Markets Group nonprofit sales. He came to Blackbaud as vice president of enterprise sales at Convio, where he helped double revenue over a four-year period leading up to its successful IPO in 2010. Prior to Convio, Krackeler led startup GetActive Software, where he established and rapidly grew the company's presence in the digital engagement market.

Blackbaud powers 24 of the top 25 private U.S. colleges as ranked by Forbes with its Cloud Solution for Higher Education and has been the trusted technology partner for higher education institutions for decades. Blackbaud continues to drive efficiency and deepen engagement for colleges and universities through its comprehensive solution to manage the complete student lifecycle.

"It's been a privilege to be part of the customer and outcome-focused higher education team, and I am very honored to have the opportunity to build on the momentum Tim Hill and the entire team have created," said Krackeler. "Higher education is a key part of the social good industry, with so much already accomplished and exciting opportunities ahead. I look forward to ushering our higher education business into its next phase of growth and impact."

Krackeler currently serves as executive sponsor of Blackbaud's Women in Sales (WIS) mentorship program. He also previously served on the board of directors for the Center for Lobbying in the Public Interest. Krackeler holds a bachelor's degree from Georgetown University, where he graduated cum laude.

For more information on Blackbaud's solutions, visit Blackbaud.com.

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world's leading cloud software company powering social good. Serving the entire social good community—nonprofits, higher education institutions, K–12 schools, healthcare organizations, faith communities, arts and cultural organizations, foundations, companies and individual change agents—Blackbaud connects and empowers organizations to increase their impact through cloud software, services, expertise and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and CRM, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility, school management, ticketing, grantmaking, financial management, payment processing and analytics. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina, and has operations in the United States, Australia, Canada, Costa Rica and the United Kingdom. For more information, visit  www.blackbaud.com or follow us on Twitter, LinkedIn, Instagram and Facebook.

Media Inquiries
media@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, including statements regarding expected benefits of products and product features. 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: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; 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 associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; 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 or upon request from Blackbaud's investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.

 

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SOURCE Blackbaud

FAQ

What are the new leadership appointments at Blackbaud?

Page Bullington has been appointed president and general manager of Blackbaud Foundation Solutions, while Chris Krackeler has been promoted to president and general manager for Blackbaud Higher Education Solutions.

Why were Page Bullington and Chris Krackeler promoted?

Both have demonstrated proven leadership and success within their respective areas, which aligns with Blackbaud's growth strategy in the foundation and higher education markets.

What experience does Page Bullington bring to her new role?

Bullington has over 13 years of experience at Blackbaud, serving in various leadership roles, and has successfully led Blackbaud Healthcare Solutions since 2018.

What impact are the leadership changes expected to have on Blackbaud?

The appointments of Bullington and Krackeler are anticipated to strengthen leadership in critical growth areas, potentially enhancing business strategies and market presence.