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David Henshall Joins BlackLine Board of Directors

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BlackLine (NASDAQ: BL) has announced the appointment of David Henshall to its Board of Directors. Henshall brings extensive experience in enterprise software and financial expertise, having spent nearly 20 years in executive roles at Citrix, including as President and CEO. His appointment is expected to support BlackLine's strategic initiatives and long-term growth.

Owen Ryan, Co-CEO and Chairman of BlackLine, highlighted Henshall's unique executive experience in the enterprise software space, while Co-CEO and Founder Therese Tucker expressed enthusiasm for collaborating with Henshall to execute the company's strategic initiatives. Henshall himself stated he is honored to join BlackLine's board, recognizing the company's unique market position and comprehensive platform for the office of the CFO.

BlackLine (NASDAQ: BL) ha annunciato la nomina di David Henshall nel suo Consiglio di Amministrazione. Henshall porta con sé una vasta esperienza nel software enterprise e una solida competenza finanziaria, avendo trascorso quasi 20 anni in ruoli dirigenziali presso Citrix, inclusi quelli di Presidente e CEO. La sua nomina è destinata a sostenere le iniziative strategiche di BlackLine e la crescita a lungo termine.

Owen Ryan, Co-CEO e Presidente di BlackLine, ha sottolineato l'esperienza esecutiva unica di Henshall nel settore del software enterprise, mentre la Co-CEO e Fondatrice Therese Tucker ha espresso entusiasmo nel collaborare con Henshall per attuare le iniziative strategiche dell'azienda. Lo stesso Henshall ha dichiarato di essere onorato di unirsi al consiglio di BlackLine, riconoscendo la posizione di mercato unica dell'azienda e la sua piattaforma completa per l'ufficio del CFO.

BlackLine (NASDAQ: BL) ha anunciado el nombramiento de David Henshall en su Junta Directiva. Henshall aporta una amplia experiencia en software empresarial y habilidades financieras, habiendo pasado casi 20 años en roles ejecutivos en Citrix, incluidos los de Presidente y CEO. Se espera que su nombramiento apoye las iniciativas estratégicas de BlackLine y su crecimiento a largo plazo.

Owen Ryan, Co-CEO y Presidente de BlackLine, destacó la experiencia ejecutiva única de Henshall en el espacio del software empresarial, mientras que Therese Tucker, Co-CEO y Fundadora, expresó entusiasmo por colaborar con Henshall para llevar a cabo las iniciativas estratégicas de la compañía. Henshall mismo manifestó que se siente honrado de unirse a la junta de BlackLine, reconociendo la posición única de la empresa en el mercado y su plataforma integral para la oficina del CFO.

BlackLine (NASDAQ: BL)은 David Henshall을 이사회에 임명했다고 발표했습니다. Henshall은 Citrix에서 거의 20년을 임원으로 재직하며 쌓은 기업 소프트웨어와 재정 관리에 대한 풍부한 경험을 가지고 있습니다. 그의 임명은 BlackLine의 전략적 이니셔티브와 장기적 성장에 기여할 것으로 기대됩니다.

BlackLine의 공동 CEO이자 회장인 Owen Ryan은 기업 소프트웨어 분야에서 Henshall의 독특한 실행 경험을 강조했으며, 공동 CEO이자 창립자인 Therese Tucker는 Henshall과 함께 회사의 전략적 이니셔티브를 실행할 수 있기를 기대한다고 밝혔습니다. Henshall은 BlackLine의 이사로 합류하게 되어 영광스럽게 생각하며, 회사의 독특한 시장 위치와 CFO 사무실을 위한 포괄적인 플랫폼을 인정했습니다.

BlackLine (NASDAQ: BL) a annoncé la nomination de David Henshall à son Conseil d'Administration. Henshall apporte une riche expérience dans le logiciel d'entreprise et une expertise financière, ayant passé près de 20 ans dans des rôles exécutifs chez Citrix, y compris en tant que Président et CEO. Sa nomination devrait soutenir les initiatives stratégiques de BlackLine et sa croissance à long terme.

Owen Ryan, Co-CEO et Président de BlackLine, a souligné l'expérience exécutive unique de Henshall dans le domaine du logiciel d'entreprise, tandis que Therese Tucker, Co-CEO et Fondatrice, a exprimé son enthousiasme à collaborer avec Henshall pour mettre en œuvre les initiatives stratégiques de l'entreprise. Henshall lui-même a déclaré qu'il était honoré de rejoindre le conseil d'administration de BlackLine, reconnaissant la position unique de la société sur le marché et sa plateforme complète pour le bureau du CFO.

BlackLine (NASDAQ: BL) hat die Ernennung von David Henshall in seinen Vorstand angekündigt. Henshall bringt umfangreiche Erfahrung in der Unternehmenssoftware sowie finanzielle Expertise mit, da er fast 20 Jahre in Führungspositionen bei Citrix, darunter als Präsident und CEO, tätig war. Seine Ernennung wird voraussichtlich die strategischen Initiativen von BlackLine sowie das langfristige Wachstum unterstützen.

Owen Ryan, Co-CEO und Vorsitzender von BlackLine, hob Henshall's einzigartige Führungserfahrung im Bereich Unternehmenssoftware hervor, während Co-CEO und Gründerin Therese Tucker ihre Begeisterung für die Zusammenarbeit mit Henshall zur Umsetzung der strategischen Initiativen des Unternehmens zum Ausdruck brachte. Henshall selbst erklärte, er sei geehrt, dem Vorstand von BlackLine beizutreten, und erkannte die einzigartige Marktstellung des Unternehmens sowie die umfassende Plattform für das Büro des CFO an.

Positive
  • Appointment of David Henshall, an experienced software industry executive, to the Board of Directors
  • Henshall's expertise in finance, strategy, and technology development from his tenure at Citrix
  • Potential for enhanced operational and financial performance strategies
Negative
  • None.

Henshall brings significant experience in enterprise software and
possesses unmatched expertise in finance, strategy, and technology development

LOS ANGELES, Sept. 24, 2024 (GLOBE NEWSWIRE) -- BlackLine (NASDAQ BL), the future-ready platform for the Office of the CFO, today announced the appointment of David Henshall to its Board of Directors.

Henshall brings a wealth of business experience and deep financial expertise, with a proven track record advising companies on strategies to enhance operations and financial performance. He spent nearly 20 years in various executive roles at Citrix, most recently as President and Chief Executive Officer. During his tenure, he played a critical role in accelerating Citrix’s cloud transition and enhancing the company’s operational performance. Prior to his role as CEO, he served as Chief Operating Officer and Chief Financial Officer.

"We are thrilled to welcome David, a proven software leader, to our Board of Directors,” said Owen Ryan, Co-CEO and Chairman of BlackLine. “David possesses one-of-a-kind executive experience leading a reputable business in the enterprise software space. His experience advancing technology companies aligns perfectly with our vision and operating model, and his skill set will further support our continued development of financial and operational strategies, helping BlackLine achieve its long-term potential. This appointment reflects our commitment to strong corporate governance and delivering value to our shareholders."

Co-CEO and Founder Therese Tucker added, "I look forward to collaborating with David as we continue to execute our strategic initiatives. At BlackLine, we are constantly innovating to harness the full power of our platform, delivering future-ready financial operations that are accurate, efficient, and intelligent. David’s leadership qualities and valuable insights gained from his proven track record and other board experiences will add to the strength of our Board of Directors and aid us in continuing to create measurable value for our customers, investors, and other stakeholders."

Henshall commented, “I am honored to join BlackLine’s Board of Directors. BlackLine is uniquely positioned in the market with unmatched domain expertise and a comprehensive platform that empowers the office of the CFO. I look forward to working with this innovative and visionary team to drive continued growth and success."

About David Henshall

David Henshall most recently served as President & CEO of Citrix Systems, a leading multinational provider of cloud computing and virtualization technology, where he held executive roles for the past nearly twenty years. Prior to his role as President, CEO, and Director of Citrix, Henshall served as Chief Operating Officer and Chief Financial Officer, overseeing the company’s worldwide finance, operations, and administration organizations. Before joining Citrix, he served as Chief Financial Officer of Rational Software Corporation, a software company acquired by IBM Corporation.

An experienced public company board director, Henshall also actively serves as a member of the boards of directors of HashiCorp, Inc., Aspen Technology, Inc., and Feedzai, Inc., and was formerly the Chairman of the board of directors of Everbridge, Inc., and a director of New Relic, Inc. and LogMeIn, Inc. 

About BlackLine

BlackLine (Nasdaq: BL), the future-ready platform for the Office of the CFO, drives digital finance transformation by empowering organizations with accurate, efficient, and intelligent financial operations.

BlackLine’s comprehensive platform addresses mission-critical processes, including record-to-report and invoice-to-cash, enabling unified and accurate data, streamlined and optimized processes, and real-time insight through visibility, automation, and AI. BlackLine’s proven, collaborative approach ensures continuous transformation, delivering immediate impact and sustained value. With a proven track record of innovation, industry-leading R&D investment, and world-class security practices, more than 4,400 customers across multiple industries partner with BlackLine to lead their organizations into the future.

For more information, please visit blackline.com.

Media Contact:

Samantha Darilek
VP, Communications
BlackLine
samantha.darilek@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, strategies 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.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0d33f625-3545-4e45-ba35-fd1b97885c56


FAQ

Who is the new board member appointed to BlackLine (BL)?

David Henshall, former President and CEO of Citrix, has been appointed to BlackLine's Board of Directors.

What experience does David Henshall bring to BlackLine's (BL) board?

David Henshall brings nearly 20 years of executive experience from Citrix, including roles as President, CEO, COO, and CFO, with expertise in enterprise software, finance, strategy, and technology development.

How might David Henshall's appointment impact BlackLine's (BL) future strategies?

Henshall's experience is expected to support BlackLine's development of financial and operational strategies, potentially aiding in achieving the company's long-term potential and driving continued growth and success.

What did BlackLine's (BL) leadership say about David Henshall's appointment?

Owen Ryan, Co-CEO and Chairman, praised Henshall's unique executive experience, while Therese Tucker, Co-CEO and Founder, expressed enthusiasm for collaborating with him on strategic initiatives.

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