LOS ANGELES, June 16, 2025 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: BL), the future-ready platform for the Office of the CFO, today announced the appointment of Sam Balaji to its Board of Directors, effective June 13, 2025. With more than three decades of global leadership experience scaling technology businesses, Mr. Balaji brings deep expertise in enterprise software, artificial intelligence, cybersecurity, and global go-to-market strategies.

Mr. Balaji spent 28 years at Deloitte, where he most recently served as CEO of Deloitte Consulting. He led the strategy and execution that drove growth and market momentum through strategic investments in high-impact areas like Cloud, AI and Cyber. He was instrumental in forging go-to-market relationships with both established tech giants and emerging innovators, and led over 100 mergers, acquisitions, and investments across markets to accelerate Deloitte's global expansion.

"Sam's exceptional breadth of experience across enterprise technology, M&A, and executive leadership is a strong addition to BlackLine's Board," said Owen Ryan, BlackLine's Co-CEO and Board Chair. "His expertise in scaling businesses, creating and executing global strategies, and advising CXOs will play a pivotal role as we expand our platform, deepen our partnerships, and continue to deliver transformative outcomes for the Office of the CFO."

"Sam's track record speaks for itself--but what impressed me most was his ability to think big while staying grounded in what truly creates value for customers," said Therese Tucker, Founder and co-CEO of BlackLine. "He's not just a strategic thinker--he's a builder, a mentor, and a leader who understands how to navigate complexity and unlock growth. I'm thrilled to welcome him to the Board as we write the next chapter of our journey."

"I'm honored to join BlackLine's Board at such a pivotal time," said Mr. Balaji. "BlackLine's cutting-edge platform, compelling vision, and accelerating AI-driven momentum in digital finance transformation are unmatched. I look forward to helping guide the company through its next phase of growth and innovation."

About BlackLine
BlackLine, Inc. (Nasdaq: BL) is the future-ready financial operations platform for the Office of the CFO. BlackLine's unified platform and purpose-built products are trusted by nearly 4,400 companies worldwide to drive accuracy, efficiency, and intelligence across critical financial processes. Designed to empower accounting, finance, and operations teams to work smarter and faster, BlackLine enables organizations to modernize operations and accelerate business performance.

For more information, please visit www.blackline.com.

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This document contains forward-looking statements. These statements may relate to, but are not limited to, expectations of future operating results or financial performance of BlackLine, Inc. ("BlackLine" or the "Company"), the calculation of certain key financial and operating metrics, capital expenditures, introduction of new solutions or products, expansion into new markets, regulatory compliance, plans for growth and future operations, technological capabilities, and strategic relationships, as well as assumptions relating to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expect," "plan," anticipate," "believe," "estimate," "predict," "intend," "potential," "would," "continue," "ongoing" or the negative of these terms or other comparable terminology. You should not put undue reliance on any forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all.

Forward-looking statements are based on information available at the time those statements are made and/or management's good faith beliefs and assumptions as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward looking statements. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this presentation may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. These risks and uncertainties are described in greater detail under the heading "Risk Factors" in the filings we make with the Securities and Exchange Commission ("SEC") from time to time, which are available on our website at http://investors.BlackLine.com and on the SEC's website at www.sec.gov. Except as required by law, BlackLine does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

In addition, statements that "we believe" and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this presentation, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements.

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