Post 200: Top D.C.-Area Businesses

Blackboard Inc. / BBBB

About Blackboard Inc.

1899 L St. NW, 11th Floor, Washington, D.C. 20036
www.blackboard.com | 202-463-4860 | Founded: 1997

Industry: Information Technology | Category: Top 100 Companies

Blackboard develops course-management software used by colleges to put lectures and other teaching materials online. In January, the company bought NTI Group for $182 million to incorporate technology to send emergency alerts to students. Blackboard, which has 3,500 clients worldwide, paid $132 million in cash and $50 million in stock for the company. In February, Blackboard won a patent dispute against rival Desire2Learn. A federal jury in Texas awarded the company $3.1 million.

2007 Financial Data

Total employees: 891 | Local employees: 525

Company Leadership

Michael L. Chasen Chief Executive Officer, President and Director
Frank R. Gatti Director
Thomas J. Kalinske Director
Beth J. Kaplan Director
E. Rogers Novak Director
Matthew Pittinsky Chairman
William J. Raduchel Director
Joseph L. Cowan Director
Michael L. Chasen President and Chief Executive Officer

Source: Compensation data provided by Equilar, Inc..

Michael L. Chasen
President and Chief Executive Officer
$3,585,496
Salary: $487,499

Did You Know

SURVIVOR: Founded in 1997, Blackboard is one of the few information-technology firms in the District to outlast the dot-com bust.

© The Washington Post Company