UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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FORM
CURRENT REPORT
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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 March 15, 2024, the Board of Directors (the “Board”) of BlackLine, Inc. (the “Company”) appointed Camille Drummond to serve as a member of the Board. Ms. Drummond will serve in the class of directors whose term expires at the Company’s annual meeting of stockholders to be held in 2025. Ms. Drummond will also join the Audit Committee of the Board (the “Audit Committee”).
Ms. Drummond has served as Senior Vice President of Global Business Services (GBS) at BP p.l.c. since 2018. At BP, she previously served as Head of Group Planning and Performance from 2016 to 2018, Global Head of Trading Business Services from 2014 to 2016, and Chief Financial Officer of European Gas and Power trading business from 2011 to 2014. She has served in various finance roles at BP since 1989. Ms. Drummond holds an M.B.A. from Henley Management College.
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 2023 annual meeting of stockholders, Ms. Drummond is entitled to cash and equity compensation for her service on the Board and the Audit Committee. Ms. Drummond will also enter into BlackLine’s standard form of indemnification agreement, which was previously filed with the Securities and Exchange Commission.
There are no family relationships between Ms. Drummond and any director or executive officer of the Company, and Ms. Drummond 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. |
| (d) | Exhibits |
| Exhibit Number |
Description | |
| 99.1 | Press Release issued by BlackLine, Inc., dated March 18, 2024 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BLACKLINE, INC. | ||||||
| Date: March 18, 2024 | By: | /s/ Karole Morgan-Prager | ||||
| Karole Morgan-Prager | ||||||
| Chief Legal and Administrative Officer | ||||||
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