BlackLine Executive Appointments Aim to Accelerate Global Enterprise Adoption of Cloud Platform

Company enlists former Infor financial solutions executive to lead EMEA, adds chief strategy officer

LONDON, PARIS and LOS ANGELES – Sept. 24, 2015 – On the heels of reporting that its EMEA (Europe, Middle East and Africa) business grew more than 100 percent year-over-year in the second quarter of 2015, BlackLine, a leading provider of finance controls and automation software, today announced the appointment of former Infor executive Joseph Awad as senior vice president, EMEA, to oversee the company’s rapid business growth in the region.

“We are experiencing tremendous momentum across the EMEA region as more and more companies of all sizes see the value in automating key processes to improve internal controls and increase efficiencies across their Finance and Accounting organisations,” said Therese Tucker, BlackLine CEO and founder. “Hiring Joseph, given his extensive financial applications and EMEA market experience, was a no-brainer. He is well known throughout the region for his ability to build high performing teams.”

Awad is a seasoned financial software industry veteran with a successful 30-year track record, much of this time spent in leadership roles throughout the EMEA region. At ERP (enterprise resource planning) applications software leader Infor, he most recently held the position of vice president, EMEA Financial Solutions. In this position, he was responsible for direct and indirect channel sales, while overseeing operations for a business unit with more than 10,000 customers in over 60 countries throughout the region. Awad previously held sales and management positions at Geac Computer Corporation and Dun & Bradstreet Software

“Over the past 30 years, I have seen an incredible transformation across EMEA as companies moved aggressively to adopt the latest advancements made available through core ERP systems,” said Awad. “While the ERP world has matured, advancements in cloud computing are paving the way for a new generation of software aimed at providing a greater degree of automation and control over core accounting and finance processes. BlackLine is leading the way here and I am excited to be part of what is a huge and growing market opportunity.”

Awad, who is fluent in French, English and Arabic, will lead BlackLine’s EMEA efforts from the company’s offices in Paris.

The company also announced that Mario Spanicciati, former executive director for EMEA and executive vice president of operations, has been appointed to the role of chief strategy officer. Spanicciati has worked alongside company CEO Tucker since 2004 and headed up the company’s EMEA operations, launched in London in January of 2013. During his tenure, BlackLine has increased its number of EMEA customers by more than 500 percent since 2013 and the company’s new bookings for EMEA in just the first half of 2015 have grown by nearly 300 percent as compared to the full year of 2013. Spanicciati also led the company’s expansion into France with the launch of the BlackLine Paris office in March of this year.

“Mario is a proven leader who helped me build BlackLine from the ground up,” Tucker said. “He was instrumental in the rapid growth in our business in EMEA and forged key strategic relationships, such as our long-standing partnership with SAP. We could not have a smarter and more experienced executive driving our strategy. As we continue to scale our operations and expand our offerings, Mario’s leadership will be vital to achieving the goal of expanding our global team and adding key partnerships.”

Under Spanicciati’s direction, the BlackLine Financial Close Suite for SAP® Solutions became an SAP-endorsed business solution, joining the ranks of fewer than 40 other software offerings globally across all industries and categories. Such strategic partnerships and other key alliances offer BlackLine significant opportunities for future global business growth.

In his new position, Spanicciati will be responsible for strategy and alignment across the entire global organisation, driving strategic partnerships and building out alliances worldwide.

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