LOS ANGELES – Sept. 27, 2017 – KevinThompson, CEO of SolarWinds, has joined financial automation software provider BlackLine, Inc.’s (Nasdaq: BL) Board of Directors effective October 1st, 2017. Drawing on his experience as a successful CEO and previously as chief financial officer at several leading technology companies, the seasoned finance professional and cloud software veteran will help guide BlackLine through its next phase of growth. Mr. Thompson will also join the audit committee.
“Kevin is an experienced and respected leader, and we are excited to welcome him to our Board,” stated Therese Tucker, BlackLine founder and CEO. “His extensive background in software, operating experience and financial acumen will add tremendous value across our entire organization as we continue to scale the business and drive long-term growth.”
Thompson has been president and chief executive officer of SolarWinds since 2010, having previously served as chief financial officer and treasurer since 2006, and as chief operating officer since 2007. Prior to joining SolarWinds, Thompson served as chief financial officer at leading software companies Surgient, SAS Institute and Red Hat. Prior to that, he spent several years as a partner with global accounting and tax advisory firm PricewaterhouseCoopers (now PwC), and 10 years as a senior manager at Arthur Andersen. Thompson also serves on the Board of the publicly-traded educational technology firm Instructure and sits on the SolarWinds Board.
“BlackLine is transforming the way finance and accounting work, bringing unprecedented innovation to an industry that has tremendous opportunity for growth,” said Thompson. “In addition, at SolarWinds, we are fanatical about putting users first in everything we do, and so share a common customer-centric mission and culture with BlackLine. I am honored to be joining the Board of Directors and look forward to working with such an outstanding leadership team.”
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/.