secwatch.observer — SEC 8-K summary
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Issuer:     BLACKLINE, INC. (BL)
CIK:        0001666134
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001666134-25-000029
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlackLine announces Therese Tucker to step down as Co-CEO, Owen Ryan becomes sole CEO
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- Therese Tucker transitions from Co-CEO to Founder role effective Oct 1, 2025; remains on board and executive team.
- Owen Ryan becomes sole CEO and Chairman; base salary raised to $600,000.
- David Henshall named Lead Independent Director effective Aug 1, 2025; Tom Unterman remains on board.
- Tucker's base salary decreases to $460,000; equity awards unchanged; Jeremy Ung leads Product & Tech.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666134/000166613425000029/0001666134-25-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666134/000166613425000029/bl-20250730.htm
  HTML page:      https://secwatch.observer/filing/0001666134-25-000029

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