BlackLine Appoints Chief Legal Officer

Company continues expansion of executive team and global operations to address surging demand for greater control and automation of key Finance processes

LOS ANGELES – Sept. 21, 2015 – BlackLine, provider of the industry’s leading cloud platform for finance controls and automation, today announced the appointment of Karole Morgan-Prager as the company’s chief legal officer. In this role, Morgan-Prager will oversee BlackLine’s legal functions on a global basis.

Morgan-Prager brings more than 25 years of legal experience to BlackLine, with special expertise in corporate finance and securities matters, investor relations, internal audit, corporate development and public company governance, disclosure and compliance issues.

“We are quickly expanding operations and adding customers at a record pace in regions all over the world,” said Therese Tucker, BlackLine CEO and founder. “Karole will be a tremendous asset as our business continues to grow and becomes more complex and global. Her deep corporate experience and leadership abilities will ensure we stay on track.”

Prior to joining BlackLine, Morgan-Prager was vice president of corporate development, general counsel and corporate secretary at The McClatchy Company, advising management at the leading news and information provider on general business, employment, investor relations, debt financing and public company disclosure, compliance and securities matters.

Morgan-Prager received her law degree from the UCLA School of Law in 1987 and subsequently joined national law firm Morrison & Foerster working on corporate securities matters like initial public offerings and mergers and acquisitions. She left the firm to become associate general counsel at The Times Mirror Company. Over her career, she has sat on the boards of several companies, including The Seattle Times Company, CareerBuilder, Classified Ventures and HomeFinder.

“BlackLine’s extensive and growing list of brand name customers speaks volumes about the value BlackLine is bringing to enterprises around the world,” said Morgan-Prager. “I’m very excited to join the extremely talented and dedicated BlackLine team and look forward to helping to bring this dynamic and growing company to the next level.”

BlackLine has made the Software 500 list of the world’s “largest and best-performing” software companies for the past four years, the Deloitte Technology Fast 500™ for the past five years and the prestigious Inc. 500/5000 for the past eight years in a row, joining the ranks of such companies as Jamba Juice, Microsoft and Patagonia. In 2013, BlackLine partnered with Silver Lake Sumeru, the mid-market arm of leading technology-focused global private equity firm Silver Lake, and Iconiq Capital to drive growth.

About BlackLine

BlackLine is a provider of cloud-based solutions that transform Finance and Accounting (F&A) by automating, centralising and streamlining financial close operations, intercompany accounting processes and other key F&A processes for large and midsize enterprises.  Designed to complement ERP and other financial systems, BlackLine’s cloud platform increases operational efficiency, real-time visibility, control and compliance to ensure end-to-end financial close management and accounting automation.

BlackLine’s mission is to continuously improve the quality, accuracy and efficiency of Finance and Accounting by centralising 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 modernise accounting operations with intelligent automation, ensuring more accurate and insightful financial statements and a more efficient financial close.  To date more than 2,800 companies with users in over 130 countries around the world trust BlackLine to help ensure balance sheet integrity and confidence in their financial statements.

BlackLine is recognized by Gartner as a Leader in its 2019 Magic Quadrant for Cloud Financial Close Solutions.

Based in Los Angeles, BlackLine also has regional headquarters in London, Singapore and Sydney servicing its 14 global locations.For more information, please visit https://www.blackline.com/.

MEDIA CONTACT:

Ashley Dyer
Sr. Public Relations Manager
P. 818.936.7166
E: ashley.dyer@blackline.com

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