BlackLine ( (BL) ) has issued an announcement.
On March 9, 2025, BlackLine, Inc. entered into a cooperation agreement with Scalar Gauge Fund to appoint Scott Davidson as a new independent director to its Board, effective March 14, 2025. This move is part of BlackLine’s strategy to refresh its Board with new perspectives, aiming to accelerate growth and enhance shareholder value. Davidson, with over 25 years of experience in software companies, is expected to contribute significantly to BlackLine’s strategic positioning and value creation for stakeholders.
More about BlackLine
BlackLine, Inc. is a company that provides a future-ready platform for the Office of the CFO, focusing on digital finance transformation. Its platform addresses critical financial processes such as record-to-report and invoice-to-cash, offering unified and accurate data, streamlined processes, and real-time insights through automation and AI. BlackLine partners with over 4,400 customers across various industries to drive continuous transformation and value creation.
YTD Price Performance: -18.98%
Average Trading Volume: 738,838
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.07B
See more data about BL stock on TipRanks’ Stock Analysis page.