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BlackLine Board of Directors appoints Owen Ryan as Chairman.Add experienced industry leadership to the board


Brunie RiosDell CAO, and Amit YoranCEO and Chairman of Tenable, brings extensive industry, digital finance transformation, compliance and cybersecurity experience to the leader in accounting automation software

Los Angeles, January 3, 2023 /PRNewswire/ — BlackLine, Inc. (Nasdaq: BL) today announced that former Deloitte Advisory CEO Owen Ryan elected and effective as chairman January 1st, 2023. A member of BlackLine’s board of directors since 2018, Mr. Ryan will continue to bring his extensive board and leadership experience to bear in his new role.

Since then, he has served as the lead outside director of BlackLine. May 2022Ryan took over the chair role as part of a planned succession from BlackLine’s founder and former CEO Therese Tuckerserved as Executive Chairman of the Board of Directors from January 2021 To December 2022Mr. Tucker will continue to be a member of the Board of Directors.

“The Blackline Board of Directors has been very appreciative of Therese’s leadership as Executive Chair over the past two years, and we are delighted that she will continue to serve as Blackline’s leader and board member,” said Ryan. “As Chairman, I look forward to facilitating the work of the Board and working with the CEO.” Mark Huffman We will build and grow this great company. “

Tucker said: product innovation. “

Also effective January 1st 2023, Brunie RiosChief Accounting Officer (CAO) of Dell Technologies, and Amit Yoran, the CEO and chairman of cybersecurity firm Tenable, joined the board. The combined professional and industry experience of Mr. Rios and his Mr. Yoran will support BlackLine’s long-term growth strategy.

“As CAO, I know not only the importance but also the challenges of modernizing the accounting function,” said Rios. “I have witnessed the power of BlackLine from him and I look forward to contributing to BlackLine’s continued growth by sharing the customer’s perspective.”

“BlackLine has always prioritized innovation in how companies think about their accounting processes and systems,” said Yoran. “We look forward to sharing our experience in rapidly scaling a growth company and contributing to their continued commitment to world-class security, safeguards and compliance controls.”

About Blackline

Businesses using BlackLine (Nasdaq: BL) find traditional manual accounting processes unsustainable. BlackLine’s Cloud-Based Financial Operations Management Platform and Market-Leading Customer Service Helps Enterprises Move to Modern Accounting by Unifying Data and Processes, Automating Repetitive Tasks, and Driving Accountability Through Visibility helps. BlackLine provides solutions to manage and automate financial close, accounts receivable, and intercompany accounting processes, giving large and medium-sized businesses across industries better, faster, and greater control over their accounting operations. I will help you.

Over 4,000 customers trust BlackLine to close deals faster with complete and accurate results. The company is a pioneer in the cloud payments market and is recognized as a leader by customers on leading end-user review sites such as G2 and TrustRadius. BlackLine is a global company with operations in major business centers around the world. Los Angeles, New YorkSan Francisco Bay Area, London, Paris, Frankfurt, Tokyo, Singapore and Sydney. For more information, visit blackline.com.

BlackLine Forward-Looking Statements

This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. , “expect”, “plan”, “predict”, “believe”, “estimate”, “predict”, “intend”, “could”, “would”, “continue , “ongoing,” or the negative of these terms. Forward-looking statements in this release include statements regarding our growth plans and opportunities.

The forward-looking statements contained in this press release are based on BlackLine’s current plans, estimates and expectations and do not represent that any such plans, estimates or expectations will be achieved. Forward-looking statements are based on management’s good faith beliefs and assumptions regarding future events and/or information available at the time such statements are made and are subject to risks and uncertainties. increase. If any of these risks or uncertainties materialize or the assumptions prove incorrect, actual performance or results could differ materially from those expressed or implied by the forward-looking statements. There is a nature. These risks and uncertainties include risks associated with our ability to execute our strategy, attract new customers, enter new geographies and develop, release and market new features and solutions. but not limited to these. and other risks and uncertainties described in our other filings with the Securities and Exchange Commission from time to time, including those risks described under the heading “Risk Factors” in our Annual Report on Form 10-K. sex. Additional information will also be provided in the quarterly report on Form 10-Q.

Forward-looking statements are not guarantees of future performance or results. Also, please do not place undue reliance on such statements. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by law.

SOURCE BLACK LINE



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