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Cloud Enterprise Software Veteran Mel Zeledon Joins BlackLine As Senior Vice President Of Channels & Alliances

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Cloud enterprise software veteran Mel Zeledon has joined BlackLine (Nasdaq: BL) as senior vice president of channels and alliances. Zeledon brings over 35 years of experience, including a recent role at Workday, where he boosted revenues by 40% year-over-year. He will focus on driving partnership initiatives globally for BlackLine, which is known for its accounting automation solutions. Zeledon aims to leverage BlackLine's partner ecosystem to enhance customer success and experience in the fast-growing market.

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  • Mel Zeledon appointed as SVP for channels and alliances, expected to enhance partnerships.
  • Zeledon's previous success at Workday increased revenues by 40% year-over-year.
  • Strong partnership history with major tech firms, indicating potential revenue growth.
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LOS ANGELES, Sept. 1, 2020 /PRNewswire/ -- Cloud enterprise software veteran Mel Zeledon has joined BlackLine, Inc. (Nasdaq: BL) as senior vice president of channels and alliances, responsible for leading all partner ecosystem programs globally.  In his new role, Mr. Zeledon will oversee and drive all alliance, reseller, technology and outsourcing partnership initiatives as the accounting automation software leader continues to transform the way Finance & Accounting departments work.

Zeledon joins BlackLine with more than 35 years of experience in the enterprise software and services industry, the past 20 with Software-as-a-Service (SaaS) leaders.  He most recently served as vice president of global channels at financial and HR SaaS leader Workday where he revamped the Workday Adaptive Planning Solution Provider Partner Program, growing annual sourced revenues as much as 40 percent year-over-year during his tenure.  Prior to Workday, Zeledon was vice president of channels and mid-market at IBM for six years where he drove more than $500 million per year in worldwide revenue through channel and alliances business partners for the Business Analytics brand.  Zeledon also has served in partner ecosystem leadership positions with Adaptive Insights, Cognos, Hyperion Solutions and Siebel Systems, in many cases partnering with other tech industry leaders such as SAP.  Earlier in his career, he established and ran an Oracle Corp. subsidiary in Central America.  

"Mel has a successful track record building, scaling and leading partner programs globally for a wide range of technology firms, from start-ups to large Fortune 100 companies, as well as across the gamut of channel and alliance partners including global consulting and advisory firms, resellers,  systems integrators, managed service providers and independent software vendors," Marc Huffman, BlackLine president and chief operating officer, said.  "We expect his extensive experience to be invaluable as we scale strategic partnerships from both a go-to-market and customer success and retention perspective."

Zeledon, who has a Bachelor of Science degree in Electrical Engineering from the University of Costa Rica, was a Fulbright Scholar at Stanford University, where he earned a Master's Degree in Computer Science.  He reports to Mark Woodhams, BlackLine's senior vice president of global sales, who joined BlackLine following a long and successful career at NetSuite.

"It's exciting to be joining a fast-growing company with a huge, untapped market opportunity that is also absolutely committed to scaling high quality partnerships to grow and enhance customer experience and success," Zeledon said.  "I look forward to leveraging BlackLine's partner ecosystem to continue to enable customers to achieve their business objectives by helping them take advantage of best-of-breed cloud accounting software tools, along with complementary partner solutions and services."

BlackLine has alliances with many of the world's leading consulting and technology organizations including Capgemini, Deloitte, EY, Genpact, KPMG and SAP.  In 2018, BlackLine entered into a reseller agreement with SAP.  SAP now offers SAP Account Substantiation and Automation by BlackLine and SAP Intercompany Financial Hub by BlackLine as SAP solution extensions.  For a full list of BlackLine alliance, reseller, technology and outsourcing partners or to learn more, please visit the partner section on BlackLine's website at https://www.blackline.com/partners.  

About BlackLine
Companies come to BlackLine (Nasdaq: BL) because their traditional manual accounting processes are not sustainable. BlackLine's cloud-based solutions and market-leading customer service help companies move to modern accounting by unifying their data and processes, automating repetitive work, and driving accountability through visibility.  BlackLine provides solutions for financial close management, accounting automation, and intercompany governance, helping large enterprises and midsize companies across all industries do accounting work better, faster, and with more control.

More than 3,100 customers trust BlackLine to help them close faster with complete and accurate results.  The company is the pioneer and recognized Leader in Gartner's 2019 Magic Quadrant for Cloud Financial Close Solutions.  Based in Los Angeles, BlackLine also has regional headquarters in London, Singapore and Sydney.  For more information, please visit blackline.com.

BlackLine Forward-looking Statements
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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. Forward-looking statements in this release include statements regarding our growth plans and opportunities.

Any forward-looking statements contained in this press release are based upon BlackLine's current plans, estimates and expectations and are not a representation that such plans, estimates, or expectations will be achieved. 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. If any of these risks or uncertainties materialize or if any assumptions prove incorrect, actual performance or results may differ materially from those expressed in or suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, risks related to the Company's ability to execute on its strategies, attract new customers, enter new geographies and develop, release and sell new features and solutions; and other risks and uncertainties described in the other filings we make with the Securities and Exchange Commission from time to time, including the risks described under the heading "Risk Factors" in our Annual Report on Form 10-K.  Additional information will also be set forth in our Quarterly Reports on Form 10-Q.

Forward-looking statements should not be read as a guarantee of future performance or results, and you should not place undue reliance on such statements. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

 

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SOURCE BlackLine

FAQ

Who is Mel Zeledon and what role has he taken at BlackLine?

Mel Zeledon has joined BlackLine as the senior vice president of channels and alliances, focusing on global partnership programs.

What experience does Mel Zeledon bring to BlackLine?

Zeledon has over 35 years in the enterprise software industry, including significant roles at Workday and IBM.

What are BlackLine's main areas of focus?

BlackLine focuses on accounting automation and financial close management solutions for enterprises.

What is the stock symbol for BlackLine?

The stock symbol for BlackLine is BL.

What are BlackLine's expectations with the new appointment?

BlackLine expects Zeledon's extensive experience to enhance strategic partnerships and improve customer success.

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