Michael Gianoni, an executive with Fiserv, has been named president and CEO of nonprofit software vendor Blackbaud. Gianoni was most recently EVP and group president of Fiserv's Financial Institutions Group. He previously served as president of Fiserv's Investment Services division and in that job, he was responsible for product, technology, sales, finance, operations and strategy. He takes over the spot vacated by former CEO Marc Chardon, who resigned on August 31 from his position at the Charleston, S.C.-based company, although he originally said he would leave when a successor was named. CFO Anthony Boor, who has served as interim CEO since Chardon's departure, will move back into his finance position fulltime on January 13 when Gianoni assumes his new job. Gianoni joined Fiserv with its purchase of CheckFree. He had been EVP and general manager of that company's CheckFree Investment Services and had spent 11 years leadership roles at DST Systems.
SilverSun Technologies, parent of Sage reseller SWK Technologies, reported a 20-percent drop in net income on a 26.1-percent rise in revenue for the third quarter ended September 30. However, Jeff Roth, CEO of Livingston, N.J.-based SWK, said the company was hiring for future growth, which cut into earnings. Seven new employees were added during the period. SWK represents all of SilverSun's revenue.
Infor has named IBM veteran Nicole Anasenes as its new chief financial officer. She was mostly recently VP and chief financial officer of IBM's Software Middleware Group business unit. Before that she was CFO of IBM's Cloud business unit was also director of emerging markets for IBM's Global Technology Services organization. With her hiring, Infor touted the fact that four members of its leadership team are women – that's four out of 12.
In a move that ought to stir discussion, the Sage Group has named Steve Hare, most recently operating partner at Apax Partners, as CFO. The appointment is effective January 3 when he replaces Paul Harrison, who left in September after 16 years at Sage. Hare has more than 10 years of experience as a CFO, so we probably should not dwell too much on the fact that Apax is the company that bought Epicor Software and Activant Solutions and welded them together under the name Epicor.