BlackLine Announces Co-CEO Transition and New Lead Independent Director

Core Viewpoint - BlackLine, Inc. announces a leadership transition where Therese Tucker will step down as Co-CEO to focus on her role as Founder, effective October 1, 2025, while Owen Ryan will continue as CEO [1][2][3] Leadership Transition - Therese Tucker will remain involved with BlackLine as a member of the executive team, focusing on supporting major customers and enhancing product development [2][3] - Owen Ryan, who has served as Co-CEO and Chairman, will take on the role of CEO [1][3] - David Henshall has been appointed as Lead Independent Director, succeeding Tom Unterman [3][4] Strategic Enhancements - The Board of Directors has made strategic enhancements, including the addition of former CEOs Sam Balaji and Greg Hughes, to support BlackLine's long-term strategy [4] - The leadership transition is seen as a pivotal moment for BlackLine's evolution, with a focus on innovation and execution [3] Company Overview - BlackLine is positioned as a future-ready platform for the Office of the CFO, driving digital finance transformation through efficient financial operations [5][6] - The platform addresses critical processes such as record-to-report and invoice-to-cash, providing real-time insights and automation [6] - BlackLine serves over 4,400 customers across various industries, emphasizing its commitment to innovation and security [6]