During his time at Blackbaud, Robert J. Sywolski held a substantial amount of stock options which reflected his commitment to the company's growth. At one point, he had options to buy over 3.5 million shares, showcasing the company's high expectations...
During his time at Blackbaud, Robert J. Sywolski held a substantial amount of stock options which reflected his commitment to the company's growth. At one point, he had options to buy over 3.5 million shares, showcasing the company's high expectations for him as a leader. In 2005, he exercised options, which netted him approximately $13.9 million, significantly increasing his financial stake in the company. His wealth was mainly tied up in these options, embodying the idea that his success was similarly linked to the success of Blackbaud. However, he left on the same day he stepped down, indicating a complete break from the company’s operations. This denotes a change for both him and Blackbaud, transitioning into different phases in their journeys.