BlackLine Hires Karen Flathers As CCO

LOS ANGELES, October 3, 2016

BlackLine, a leading provider of financial controls and automation software solutions that enable Continuous Accounting, has appointed Karen Flathers as the company’s first Chief Customer Officer. Formerly vice president, Global Field Operations, at leading cloud enterprise software company Zuora, Ms. Flathers brings deep experience to BlackLine, including international expertise in ERP (Enterprise Resource Planning) and other Finance technology implementations. In her new role, Flathers will directly oversee the day-to-day functions of BlackLine’s Implementations, Support, Customer Success and Product Training departments.

At Zuora, Flathers had direct management responsibility for a team of nearly 100 people. Considered a problem solver by colleagues, she led field efforts to transform Zuora from a start-up to a pre-IPO mentality. Prior to Zuora, Flathers served as senior vice president, Services and Support, at utility services company Aclara. She began her career as a consultant at enterprise application software leader SAP, rising to the senior vice president level within 10 years.

“Karen is a ‘can do’ leader who will influence and drive cross-company collaboration on how to deliver the greatest possible value and success for our customers,” commented Therese Tucker, BlackLine CEO. “She is a highly energetic person with strong empathy for customers. We pride ourselves for always going the extra mile for our clients, and Karen’s management philosophy neatly aligns with our culture of innovation and hands-on collaboration.”

“I feel privileged to be part of a market-leading company and plan to build upon the company’s culture of customer success and commitment to service,” said Flathers.

About BlackLine

BlackLine is a provider of cloud-based solutions for Finance & Accounting (F&A) that centralize and streamline financial close operations and other key F&A processes for midsize and large organizations. Designed to complement ERP and other financial systems, the BlackLine Finance Controls & Automation Platform increases operational efficiency, real-time visibility, control and compliance to ensure end-to-end financial close management, fueling confidence throughout the entire accounting cycle.

BlackLine’s mission is to continuously improve the quality, accuracy and efficiency of Finance & Accounting by centralizing key functions within a single, unified cloud platform. Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day activities, BlackLine helps companies achieve Modern Finance status, ensuring more accurate and insightful financial statements and a more efficient financial close. More than 1,500 companies with users in approximately 120 countries around the world trust BlackLine to ensure balance sheet integrity and confidence in their financial statements.

BlackLine is recognized by Gartner as a Leader in its 2016 Magic Quadrant for Financial Corporate Performance Management (FCPM) Solutions and as a pioneer of the Enhanced Financial Controls & Automation (EFCA) software category.