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BlackLine Announces Leadership Transition with New CEO

Story Highlights
  • Therese Tucker will transition from Co-CEO to focus on her Founder role at BlackLine.
  • Owen Ryan will become the sole CEO, and David Henshall will be the new Lead Independent Director.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BlackLine Announces Leadership Transition with New CEO

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An announcement from BlackLine ( (BL) ) is now available.

On August 5, 2025, BlackLine, Inc. announced a leadership transition where Therese Tucker, Co-CEO and Founder, will step down from her Co-CEO role effective October 1, 2025, to focus on her responsibilities as Founder. Owen Ryan will continue as the sole CEO and Chairman, while David Henshall has been appointed as Lead Independent Director, replacing Tom Unterman. This transition is part of BlackLine’s strategy to enhance its leadership team and support its long-term strategic goals. The changes are expected to strengthen BlackLine’s market position and drive continued innovation and growth.

The most recent analyst rating on (BL) stock is a Sell with a $47.00 price target. To see the full list of analyst forecasts on BlackLine stock, see the BL Stock Forecast page.

Spark’s Take on BL Stock

According to Spark, TipRanks’ AI Analyst, BL is a Neutral.

BlackLine’s overall score reflects solid financial performance and a positive outlook from earnings calls, balanced by moderate technical indicators and valuation concerns. The company’s strategic focus on AI and partnerships provides growth potential, though macroeconomic risks and high debt reliance remain challenges.

To see Spark’s full report on BL stock, click here.

More about BlackLine

BlackLine, Inc. is a leading provider of a future-ready platform for the Office of the CFO, focusing on digital finance transformation. The company offers a comprehensive platform that addresses critical financial processes such as record-to-report and invoice-to-cash, enabling organizations to achieve accurate data, streamlined processes, and real-time insights through automation and AI. BlackLine is known for its innovation, industry-leading R&D investment, and strong security practices, serving over 4,400 customers across various industries.

Average Trading Volume: 689,943

Technical Sentiment Signal: Sell

Current Market Cap: $3.3B

See more insights into BL stock on TipRanks’ Stock Analysis page.

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