Company: BL
Filing Date: 2025-03-10
Form Type: 8-K
Source: 0001193125-25-050422
Chunk: 1

Company: BLACKLINE, INC.
Filing Date: 2025-03-10
Form: 8-K
Item: Item 5.02
Chunk 1
---
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 9, 2025, Mr. Davidson was appointed as a member of the Board, effective as of March 14, 2025. Mr. Davidson will serve as a Class I Director, with a term expiring at the Company’s 2026 annual meeting of stockholders.

Mr. Davidson has over 25 years of strategy, financial management, acquisitions, and sales & marketing experience at software companies. Previously, he was the Chief Operating Officer at Alteryx and led the company’s

digital transformation of core technologies, cloud transition, and successful M& A strategy. Prior to this, Davidson served as the Chief Financial Officer at Hortonworks, a public open-source data platform company, leading the Company through its successful IPO in 2014 and beyond. As CFO and later also as Chief Operating Officer, he oversaw Finance, HR, IT, Corporate Development, Sales, Marketing, and Professional Services. In 2018, he helped lead Hortonworks’ $5.2 billion merger with Cloudera. Prior to Hortonworks, Davidson was the CFO of Quest Software, where he drove over 30 separate acquisitions, and held strategic financial roles at Citrix Systems, guiding it through robust revenue growth. Davidson earned an M. B. A. from the University of Miami.

In accordance with the Company’s amended and restated Outside Director Compensation Policy, the terms of which are described in the Company’s proxy statement for its 2024 annual meeting of stockholders, Mr. Davidson is entitled to cash and equity compensation for his service on the Board and the Compensation Committee. Mr. Davidson will also enter into BlackLine’s standard form of indemnification agreement, which has been previously filed with the Securities and Exchange Commission.

There are no family relationships between Mr. Davidson and any director or executive officer of the Company, and Mr. Davidson has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

Item 7.01 Regulation FD Disclosure.

On March 10, 2025, the Company announced the appointment of Mr. Davidson as a member of the Board. The full text of the press release issued in connection with the announcement is furnished as Exhibit 99.1 to this Current Report on Form8-K.

The information in Item 7.01 of this Current Report on Form