secwatch.observer — SEC 8-K summary
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Issuer:     BLACKLINE, INC. (BL)
CIK:        0001666134
Form:       8-K
Filed at:   2023-03-06T23:59:59+00:00
Accession:  0001193125-23-061584
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666134/000119312523061584/0001193125-23-061584-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666134/000119312523061584/d467593d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-061584

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer