Blackbaud, Inc. (BLKB) Earnings Call Transcript & Summary

Good afternoon. Mike Gianoni, CEO of Blackbaud. It's my pleasure to welcome you to Blackbaud's 2021 annual meeting of Stockholders. This virtual meeting will be conducted in accordance with the agenda and rules for the meeting that are posted on the meeting web page. A list of Blackbaud stockholders is available on the meeting page. Joining us today is John Wilson, the company's General Counsel and Corporate Secretary who is acting as Secretary of the meeting and having been duly Sworn will act as the inspector of elections. In accordance with the notice of the meeting, I call this annual meeting of Blackbaud stockholders to order. At this time, I would like to turn the meeting over to Jon, and he introduced the directors and others for joining this meeting. We'll also introduce the items of business that will be covered and walk through the voting mechanics for this meeting.

Thank you, Mike. Let the record reflect that all Blackbaud's directors have joined the virtual meeting today, including Andrew Reach, George Ellis, Tim Joe, Sara Nath, Joyce Nelson; Tom Ertel and Mike Gene. In addition to joining the meeting. Tom Ertel and Mike Gene. In addition in joining the meeting, we also have representatives of PWC, our independent auditors, these conclude your preferred contact information along with your questions. All questions will be answered followed by me and Blackbaud's Investor Relations team. Based on a preliminary account or stockholder proxies, a quorum is present and the business of this meeting may proceed. Therefore each has received at least 94% of the common stock represented at this meeting. 2024. Congratulations, Andre. Congratulations, David. For the advisory nonbinding vote on executive compensation, it was approved by at least 94% of the common stock represented at this meeting and entitled to vote, and therefore, the resolution of such item business is hereby adopted. For the proposal to have approved the amendment and restatement of Blackbaud's equity compensation plan, it was approved by at least 97% of the common stock represented at this meeting, and therefore, the resolution for such items as set forth in the company's proxy statement is hereby adopt. And for the proposal to ratify the appointment of PWC as the company's independent registered public accounting fund for 2021, it received at least 98% of the votes cast in favor, and the appointment is therefore ratified. This concludes the formal business of our meta, and I will now entertain a motion for adjournment.

So moved.

And a second?

Second.

It has been duly moved and seconded and the meeting is adjourned. I hereby declare that the Blackbaud 2021 annual Shareholder meeting is adjourned. Thank you for joining us today, and thank you for your continued support of Blackbaud.