BlackLine Board Names Owen Ryan Chair; Adds Experienced Industry Leadership to Board of Directors

<br /> BlackLine Board Names Owen Ryan Chair; Adds Experienced Industry Leadership to Board of Directors<br />

PR Newswire

Bruny Rios

, CAO at Dell, and

Amit Yoran

, CEO and chairman at Tenable, bring extensive industry, digital finance transformation, compliance and cybersecurity experience to accounting automation software leader

LOS ANGELES

,

Jan. 3, 2023

/PRNewswire/ —

BlackLine, Inc

. (Nasdaq: BL) announced today that former Deloitte Advisory CEO

Owen Ryan

has been elected board chair, effective

January 1

^st
, 2023. A member of BlackLine’s

board of directors

since 2018, Mr. Ryan will continue to draw on his extensive boardroom and leadership experience in his new role.

Serving as BlackLine’s lead outside director since

May 2022

, Ryan assumed the chair role as part of a planned succession from BlackLine Founder and former CEO

Therese Tucker

, who served as the board’s executive chair from

January 2021

to

December 2022

. Ms. Tucker remains a member of the board.

“The BlackLine board of directors is so appreciative of Therese’s leadership as executive chair over the past two years, and we are thrilled that her work as a leader in BlackLine and as a board member will continue,” said Ryan. “As chair, I look forward to furthering the work of the board and working with our CEO

Marc Huffman

as we continue to build and grow this great company.”

Tucker added, “I’m grateful that we have such a strong board leader in Owen and CEO in Marc as I transition out of the executive chair role. I plan to continue to put my passion for BlackLine and our customers to work as we drive product innovation.”

Also effective

January 1

^st
2023,

Bruny Rios

, chief accounting officer (CAO) of Dell Technologies, and

Amit Yoran

, CEO and chairman of cybersecurity company Tenable, have joined the board. Ms. Rios’ and Mr. Yoran’s combined professional and industry experience will help support BlackLine’s long-term growth strategy.

“As a CAO, I am well-versed in not only the importance of modernizing the accounting function, but also its challenges,” said Rios. “I’ve seen the power of BlackLine and am eager to contribute to the continued growth of BlackLine by sharing my customer perspective.”

“BlackLine has always prioritized innovation in how companies think about their accounting processes and systems,” said Yoran. “I look forward to sharing my experiences in rapidly scaling a growth company as well as contributing to the company’s ongoing commitment to world-class security, safeguards and compliance controls.”

About BlackLine

Companies come to

BlackLine

(Nasdaq: BL) because their traditional manual accounting processes are not sustainable. BlackLine’s cloud-based financial operations management platform and market-leading customer service help companies move to modern accounting by unifying their data and processes, automating repetitive work, and driving accountability through visibility. BlackLine provides solutions to manage and automate financial close, accounts receivable and intercompany accounting processes, helping large enterprises and midsize companies across all industries do accounting work better, faster and with more control.

More than 4,000 customers trust BlackLine to help them close faster with complete and accurate results. The company is the pioneer of the cloud financial close market and recognized as the leader by customers at leading end-user review sites including G2 and TrustRadius. BlackLine is a global company with operations in major business centers around the world including

Los Angeles

,

New York

, the San Francisco Bay area,

London

,

Paris

,

Frankfurt

,

Tokyo

,

Singapore

and Sydney. For more information, please visit

blackline.com

.

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