BlackLine Appoints Storm Duncan and Megan Prichard to Board of Directors
BlackLine has appointed Storm Duncan and Megan Prichard to BlackLine's Board of Directors in connection with a cooperation agreement with Engaged Capital. Mr. Duncan will also be appointed to the Board's Strategic Committee, along with current director Scott Davidson. Owen Ryan, BlackLine's Chairman and CEO commented, "We are laser focused on delivering against our plan and our strategic initiatives to drive performance. BlackLine is executing against a clear strategy, with revenue growth projected to accelerate to a range of 9.1% to 9.6% in 2026 following record bookings in 2025 and non-GAAP operating margins increasing by nearly 6% in the past two years. Additionally, we have seen our industry-leading AI tool, BlackLine Verity, gain traction, with customer adoption increasing 50% between the third and fourth quarters of 2025. We recognize that we have further to go, but the progress realized over the past few years and our focus on bringing our AI capabilities to our customers puts BlackLine in a strong position." Duncan is the Founder and CEO. of Ignatious, a leading technology-focused M&A advisory firm specializing in artificial intelligence and software. Prichard currently works at Uber in their Global Premium and New Verticals business.
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- Board Appointments: BlackLine announced a cooperation agreement with activist investor Engaged Capital, appointing Storm Duncan and Megan Prichard as independent directors, aimed at enhancing corporate governance and increasing board diversity.
- Strategic Committee Restructuring: Duncan will join the company's strategic committee alongside current director Scott Davidson to evaluate potential strategic transactions, indicating the company's commitment to optimizing its business direction and growth opportunities.
- Governance Discussion Outcomes: This agreement follows discussions with Engaged Capital regarding governance and board composition, reflecting the company's responsiveness to shareholder input, which may help bolster investor confidence.
- Future Growth Expectations: BlackLine targets a revenue growth of 9% to 9.6% for 2026, aligning with its strategic goal of accelerating platform adoption, showcasing the company's positive development trajectory in the market.

- Record Bookings: BlackLine achieved record bookings in the past year, driving a 23% increase in remaining performance obligations (RPO), primarily due to a shift towards larger enterprise customers and longer-term contracts, which are expected to convert into revenue over the next several years.
- Strategic Refocus: After overextending into the lower middle market, the company is refocusing on enterprise clients by improving customer self-service capabilities and promoting three-year renewals, thereby reducing churn and accelerating business expansion.
- Deepened SAP Partnership: BlackLine's relationship with SAP, which accounted for 26% of its recent revenue, has strengthened with the approval of Studio 360 for sale on SAP's platform, enhancing go-to-market and upsell opportunities within existing accounts.
- Advancement of AI Strategy: Leveraging 25 years of proprietary data and domain expertise, BlackLine is implementing AI capabilities to enhance precision in the financial close process, with product roadmaps influenced by customer feedback and input from audit firms, ensuring competitive advantage during technology transitions.
- Event Overview: BlackLine will host the BeyondTheBlack event on April 14, 2026, at the London Hilton, aimed at bringing together finance and accounting leaders to explore how modern techniques can enhance the efficiency and accuracy of core financial processes.
- Executive Speakers: The event will feature opening remarks from BlackLine CEO Owen Ryan and EMEA General Manager Philippe Omer-Decugis, followed by a keynote from CTO Jeremy Ung, who will discuss the latest insights on AI and automation in the CFO office, showcasing the company's innovations in finance.
- Interactive Sessions: Attendees will engage in solution showcases and workshops covering topics such as record-to-report, invoice-to-cash, intercompany accounting, financial close, and UK Corporate Reform, facilitating in-depth discussions with BlackLine specialists and partners.
- Milestone Celebration: This event serves not only as a learning and collaboration opportunity but also marks BlackLine's 25th anniversary, highlighting the company's ongoing efforts and achievements in driving digital finance transformation.
- Event Overview: BlackLine will host the BeyondTheBlack event on June 25, 2026, in Paris, bringing together finance and accounting leaders from France and the EMEA region to drive finance transformation and share industry best practices.
- Keynote Sessions: The event will feature keynote speeches from BlackLine CEO Owen Ryan and EMEA General Manager Philippe Omer-Decugis, followed by a session from CTO Jeremy Ung, who will unveil major product announcements and discuss the role of AI in finance and accounting.
- Interactive Sessions: Attendees will engage in interactive breakout sessions covering record-to-report, invoice-to-cash, and financial close, providing opportunities to connect with peers and share challenges and solutions.
- Celebratory Reception: The event will conclude with a networking reception celebrating BlackLine's 25th anniversary, further enhancing connections and collaboration among finance leaders.
- Event Overview: BlackLine will host the BeyondTheBlack conference on April 14, 2026, at the London Hilton, aimed at bringing together finance and accounting leaders to explore how modern teams can transform core financial processes, reduce manual work, and enhance accuracy and efficiency.
- Agenda Highlights: The event will kick off with opening remarks from CEO Owen Ryan and EMEA General Manager Philippe Omer-Decugis, followed by a keynote from CTO Jeremy Ung, who will share insights on AI, automation, and innovation in the Office of the CFO, ensuring attendees gain cutting-edge industry perspectives.
- Interactive Sessions: Participants will engage with BlackLine specialists and partners through solution showcases and workshops covering record-to-report, invoice-to-cash, intercompany accounting, financial close, and UK Corporate Reform, facilitating the sharing of practical experiences.
- Milestone Celebration: This event not only serves as a valuable learning and networking opportunity but also marks BlackLine's 25th anniversary, underscoring the company's commitment and achievements in driving digital finance transformation.
- Event Overview: BlackLine will host the BeyondTheBlack summit on June 25, 2026, in Paris, bringing together finance and accounting leaders from France and the EMEA region to drive finance transformation and share industry best practices.
- Keynote Speakers: CEO Owen Ryan and EMEA General Manager Philippe Omer-Decugis will deliver keynote addresses, while CTO Jeremy Ung will unveil significant product announcements, emphasizing the role of AI and innovation in finance, showcasing the company's technological foresight.
- Interactive Sessions: Attendees will engage in interactive breakout sessions covering record-to-report, invoice-to-cash, and financial close, facilitating peer connections and enhancing the intelligence and efficiency of financial operations.
- Celebratory Reception: The event will conclude with a networking reception celebrating BlackLine's 25th anniversary, further strengthening ties with the finance community and showcasing the company's leadership in finance transformation.







