LOS ANGELES, Aug. 4, 2015—Graham Smith, former chief financial officer (CFO) at Salesforce, has joined BlackLine’s Board of Directors. Drawing on his experience serving in senior finance leadership roles at several leading technology companies and helping build Salesforce into the de facto leader in its space, the seasoned finance professional and cloud software veteran will help guide BlackLine through its next phase of growth.
“Graham built a world-class finance organization at Salesforce and helped guide them through an extended period of impressive growth,” said Therese Tucker, Chairman and CEO, BlackLine. “In addition to his success helping to scale fast-growing software companies, Graham brings to BlackLine a deep understanding of how innovative and disruptive technologies can drive business performance to new heights. We anticipate these unique talents and experiences to drive contributions across our entire business.”
“Every CFO needs to be focused on automating processes and driving efficiencies across the entire department, while reducing potential exposure to compliance risk,” Mr. Smith said. “There is a tremendous untapped opportunity for large and mid-size businesses across the globe to adopt BlackLine and elevate their existing operations to true ‘Modern Finance’ status.”
Mr. Smith has more than 25 years of experience as a financial executive in the software industry. In his seven years as Salesforce’s CFO, Mr. Smith managed the company’s financial strategy, operations and systems through rapid growth as the company’s annual revenues increased from $750 million when he joined, to more than $5 billion. Mr. Smith also oversaw the integration of more than 30 acquisitions and raised over $1.7 billion through convertible debt offerings and loan financings.
Before joining Salesforce, Mr. Smith served as CFO at Advent Software, Vitria Technology and Nuance Communications. Earlier in his career, Mr. Smith spent 11 years at Oracle in a variety of senior finance roles, including vice president of finance for worldwide operations.
Mr. Smith serves on the Boards at Splunk, Good Technology, MINDBODY and Xero. He holds a bachelor’s degree in economics and politics from Bristol University in England and qualified as a chartered accountant in England and Wales.
BlackLine revenues have increased more than 50 percent annually on a consistent basis for more than eight years. 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.
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/.