8-K filed March 6, 2023, 6:59 PM ET ticker BL CIK 0001666134

leadership confidence high sentiment neutral materiality 0.75

BlackLine appoints founder Tucker and board chair Ryan as co-CEOs; Huffman steps down

BLACKLINE, INC.

Marc Huffman ceases as CEO effective March 6, 2023; will serve as advisor for 12 months with $80k consulting fee and continued equity vesting.
Therese Tucker (founder, former CEO) and Owen Ryan (board chair) appointed co-CEOs; Tucker gets $485k salary, 100% target bonus, $10M equity.
Thomas Unterman named Lead Independent Director; Amit Yoran moves to Nominating and Corporate Governance Committee; Brunilda Rios becomes Audit Committee Chair.
Company reaffirms Q1 2023 revenue guidance of $137-139M and full-year 2023 revenue of $586-596M; non-GAAP EPS $0.15-0.17 and $0.89-0.94 respectively.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Marc Huffman

Director

BL · BLACKLINE, INC.

Effective: 2023-03-06
Filed: March 6, 2023, 6:59 PM ET

Mr. Huffman has also resigned as a member of the Board.

Departed

Marc Huffman

President and Chief Executive Officer

BL · BLACKLINE, INC.

Effective: 2023-03-06
Successor: Therese Tucker, Owen Ryan
Filed: March 6, 2023, 6:59 PM ET

On March 5, 2023, BlackLine, Inc. (the “Company”) and Marc Huffman, the Company’s President and Chief Executive Officer (“CEO”), mutually agreed to terms pursuant to which Mr. Huffman ceased to serve as CEO, effective as of March 6, 2023.

Appointed

Owen Ryan

Co-Chief Executive Officer

BL · BLACKLINE, INC.

Effective: 2023-03-06
Filed: March 6, 2023, 6:59 PM ET

Therese Tucker and Owen Ryan, were appointed as Co-CEOs of the Company effective March 6, 2023.

Appointed

Therese Tucker

Co-Chief Executive Officer

BL · BLACKLINE, INC.

Effective: 2023-03-06
Filed: March 6, 2023, 6:59 PM ET

Therese Tucker and Owen Ryan, were appointed as Co-CEOs of the Company effective March 6, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Marc Huffman resigned as Director at BLACKLINE, INC..

Action: resigned
Role: Director

Exact text from the filing

Mr. Huffman has also resigned as a member of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Marc Huffman departed as President and Chief Executive Officer at BLACKLINE, INC..

Action: ceased to serve as CEO
Role: President and Chief Executive Officer

Exact text from the filing

On March 5, 2023, BlackLine, Inc. (the “Company”) and Marc Huffman, the Company’s President and Chief Executive Officer (“CEO”), mutually agreed to terms pursuant to which Mr. Huffman ceased to serve as CEO, effective as of March 6, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Owen Ryan was appointed as Co-Chief Executive Officer at BLACKLINE, INC..

Action: appointed
Role: Co-Chief Executive Officer

Exact text from the filing

Therese Tucker and Owen Ryan, were appointed as Co-CEOs of the Company effective March 6, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Therese Tucker was appointed as Co-Chief Executive Officer at BLACKLINE, INC..

Action: appointed
Role: Co-Chief Executive Officer

Exact text from the filing

Therese Tucker and Owen Ryan, were appointed as Co-CEOs of the Company effective March 6, 2023.

View on SEC.gov

BLACKLINE, INC. filing history →

Source: SEC EDGAR

accession 0001193125-23-061584

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.