Company: BL
Filing Date: 2025-06-16
Form Type: 8-K
Source: 0001666134-25-000021
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Company: BLACKLINE, INC.
Filing Date: 2025-06-16
Form: 8-K
Item: Item 5.02
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 13, 2025, the Board of Directors (the “ Board”) of BlackLine, Inc. (the “ Company”) appointed Saranga “ Sam” Balaji to serve as a member of the Board, with a term beginning on June 13, 2025. Mr. Balaji will serve in the class of directors whose term expires at the Company’s annual meeting of stockholders to be held in 2027. Mr. Balaji will also join the Technology and Cybersecurity Committee of the Board (the “ Technology and Cybersecurity Committee”).

Mr. Balaji spent 28 years at Deloitte, where he held various leadership roles, and most recently served as Global CEO of Deloitte Consulting from 2019 to 2024. Mr. Balaji holds a B. S. in chemical engineering from Annamalai University and a M. S. in computer science and automation from the Indian Institute of Science.

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 2025 annual meeting of stockholders, Mr. Balaji is entitled to cash and equity compensation for his service on the Board and the Technology and Cybersecurity Committee. He 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. Balaji and any director or executive officer of the Company, and Mr. Balaji has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

Item 9.01 Financial Statements and Exhibits.