BlackLine Appoints Greg Hughes to Board of Directors, Enhancing Growth and Innovation Strategy

BlackLine Inc. has appointed Greg Hughes to its Board of Directors, bringing decades of experience in strategic transformation and enterprise software leadership. Hughes' previous success in transitioning Veritas to a subscription model and scaling a cloud business is a valuable asset. The appointment complements the recent addition of Sam Balaji, enhancing the board's expertise in enterprise technology and global operations. This move is expected to bolster BlackLine's growth and innovation strategies.

BlackLine Inc. (Nasdaq: BL), the leading platform for the Office of the CFO, has expanded its Board of Directors with the appointment of Greg Hughes. Hughes, a seasoned enterprise software executive, brings decades of experience in strategic transformation and global leadership. His appointment follows the recent addition of Sam Balaji, former CEO of Deloitte Consulting, enhancing the board's expertise in enterprise technology and global operations [1].

Hughes most recently served as CEO of Veritas, where he successfully transitioned the company to a subscription pricing model and scaled its cloud business. Under his leadership, Veritas achieved significant ARR growth and merged its data protection business with Cohesity, an AI-powered data security and management company [1]. He also served on the board of LogMeIn from 2011 to 2017, adding valuable public board experience to his resume [1].

The appointment of Hughes and Balaji complements BlackLine's existing board, which is already experienced and engaged in guiding the company's growth and innovation strategies. "We are thrilled to welcome Greg to BlackLine's Board of Directors," said Owen Ryan, Co-CEO and Chairman of the Board of BlackLine. "With Greg and Sam joining an already strong and strategic board, we are deepening our bench of expertise in enterprise technology, global operations, and transformation at scale" [1].

Hughes' track record of scaling companies and leading through inflection points makes him a natural fit for BlackLine. "Greg's track record of scaling companies and leading through inflection points makes him a natural fit for BlackLine," added Therese Tucker, Co-CEO and Founder of BlackLine. "He understands what it takes to build and grow category-defining platforms, and I'm excited to welcome him as we continue to innovate for the Office of the CFO" [1].

Hughes joins the board at a critical time for BlackLine, which has built a differentiated platform with significant opportunities ahead. "BlackLine has built a differentiated platform with significant opportunities ahead," said Hughes. "I'm honored to join the board and look forward to working with the other board members and leadership team to help advance the company's strategy and support its continued momentum as a category leader in financial operations" [1].

This strategic move is expected to bolster BlackLine's growth and innovation strategies, positioning the company for continued success in the financial operations sector.

References:
[1] https://www.marketscreener.com/news/blackline-appoints-greg-hughes-to-board-of-directors-expanding-enterprise-software-and-strategic-growth-expertise-302515266.html
[2] https://www.prnewswire.co.uk/news-releases/blackline-appoints-greg-hughes-to-board-of-directors-expanding-enterprise-software-and-strategic-growth-expertise-302515293.html