{"id":933200,"date":"2026-02-02T08:33:27","date_gmt":"2026-02-02T13:33:27","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/engaged-capital-formally-nominates-three-highly-qualified-independent-director-candidates-to-the-blackline-board\/"},"modified":"2026-02-02T08:33:27","modified_gmt":"2026-02-02T13:33:27","slug":"engaged-capital-formally-nominates-three-highly-qualified-independent-director-candidates-to-the-blackline-board","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/engaged-capital-formally-nominates-three-highly-qualified-independent-director-candidates-to-the-blackline-board\/","title":{"rendered":"Engaged Capital Formally Nominates Three Highly Qualified, Independent Director Candidates to the BlackLine Board"},"content":{"rendered":"

<\/p>\n

Engaged Capital Formally Nominates Three Highly Qualified, Independent Director Candidates to the BlackLine Board<\/b><\/p>\n

NEWPORT BEACH, Calif.–(BUSINESS WIRE<\/a>)–
\nEngaged Capital, LLC (\u201cEngaged Capital\u201d), an investment firm focused on enhancing the value of small- and mid-cap North American companies, today confirmed that it has formally submitted a nomination notice to BlackLine, Inc. (NASDAQ: BL) (\u201cBlackLine\u201d or the \u201cCompany\u201d) in connection with the Company\u2019s 2026 Annual Meeting of Stockholders (the \u201cAnnual Meeting\u201d).<\/p>\n

\nThe nomination notice includes a slate of three highly qualified and independent director candidates with significant software industry, M&A and governance expertise: Storm Duncan<\/b>, Christopher Hallenbeck<\/b> and Christopher L. Young<\/b>.<\/p>\n

\nBlackLine has confirmed that only three seats will be up for election at the Annual Meeting, including one held by Founder Therese Tucker. Engaged Capital\u2019s nomination is intended to provide stockholders with the opportunity to elect credible, experienced alternative directors focused on evaluating all strategic options in stockholders\u2019 best interests.<\/p>\n

\nAdditional information on Engaged Capital\u2019s campaign, including biographies for the nominees, is available at www.SaveBlackLine.com<\/a>.<\/p>\n

About Engaged Capital<\/b><\/p>\n

\nEngaged Capital, LLC (\u201cEngaged Capital\u201d) is an investment advisor with a private equity-like investing style in the U.S. public equity markets. Engaged Capital seeks to help build sustainable businesses that create long-term stockholder value by engaging with and bringing an owner\u2019s perspective to the managements and boards of undervalued public companies and working with them to unlock the embedded value within their businesses. Engaged Capital focuses on delivering superior, long-term, risk-adjusted returns for its limited partners. Engaged Capital was established in 2012 and is based in Newport Beach, California. Learn more at www.engagedcapital.com<\/a>.<\/p>\n

CERTAIN INFORMATION CONCERNING THE PARTICIPANTS<\/b><\/p>\n

\nEngaged Capital, LLC (\u201cEngaged Capital\u201d), together with the other participants named herein, intends to file a preliminary proxy statement and accompanying BLUE<\/b> universal proxy card with the Securities and Exchange Commission (\u201cSEC\u201d) to be used to solicit votes for the election of its slate of highly qualified director nominees at the 2026 annual meeting of stockholders of BlackLine, Inc., a Delaware corporation (the \u201cCompany\u201d).<\/p>\n

\nENGAGED CAPITAL STRONGLY ADVISES ALL STOCKHOLDERS OF THE COMPANY TO READ THE PROXY STATEMENT AND OTHER PROXY MATERIALS, INCLUDING A PROXY CARD, AS THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. SUCH PROXY MATERIALS WILL BE AVAILABLE AT NO CHARGE ON THE SEC’S WEB SITE AT HTTP:\/\/WWW.SEC.GOV<\/a>. IN ADDITION, THE PARTICIPANTS IN THIS PROXY SOLICITATION WILL PROVIDE COPIES OF THE PROXY STATEMENT WITHOUT CHARGE, WHEN AVAILABLE, UPON REQUEST. REQUESTS FOR COPIES SHOULD BE DIRECTED TO THE PARTICIPANTS\u2019 PROXY SOLICITOR.<\/p>\n

\nThe participants in the anticipated proxy solicitation are expected to be Engaged Capital Flagship Master Fund, LP (\u201cEngaged Capital Flagship Master\u201d), Engaged Capital, Engaged Capital Holdings, LLC (\u201cEngaged Holdings\u201d), Glenn W. Welling, Storm Duncan, Christopher Hallenbeck and Christopher L. Young.<\/p>\n

\nAs of the date hereof, Engaged Capital Flagship Master directly beneficially owns 1,015,619 shares of Common Stock, $0.01 par value per share (the \u201cCommon Stock\u201d), of the Company. Engaged Capital, as the general partner and investment adviser of Engaged Capital Flagship Master, may be deemed to beneficially own the 1,015,619 shares of Common Stock owned by Engaged Capital Flagship Master. Engaged Holdings, as the managing member of Engaged Capital, may be deemed to beneficially own the 1,015,619 shares of Common Stock owned by Engaged Capital Flagship Master. Mr. Welling, as the Founder and Chief Investment Officer of Engaged Capital and sole member of Engaged Holdings, may be deemed to beneficially own the 1,015,619 shares of Common Stock owned by Engaged Capital Flagship Master. As of the date hereof, Messrs. Duncan, Hallenbeck and Young do not beneficially own any shares of Common Stock.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260202508422\/en\/<\/a><\/span><\/p>\n

\nLongacre Square Partners LLC
\n
Greg Marose \/ Ashley Areopagita, 646-386-0091
\n
engagedcapital@longacresquare.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America California<\/p>\n

INDUSTRY KEYWORDS:<\/b> Finance Professional Services Technology Asset Management Software<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Engaged Capital Formally Nominates Three Highly Qualified, Independent Director Candidates to the BlackLine Board NEWPORT BEACH, Calif.–(BUSINESS WIRE)– Engaged Capital, LLC (\u201cEngaged Capital\u201d), an investment firm focused on enhancing the value of small- and mid-cap North American companies, today confirmed that it has formally submitted a nomination notice to BlackLine, Inc. (NASDAQ: BL) (\u201cBlackLine\u201d or the \u201cCompany\u201d) in connection with the Company\u2019s 2026 Annual Meeting of Stockholders (the \u201cAnnual Meeting\u201d). The nomination notice includes a slate of three highly qualified and independent director candidates with significant software industry, M&A and governance expertise: Storm Duncan, Christopher Hallenbeck and Christopher L. Young. BlackLine has confirmed that only three seats will be up for election at the Annual Meeting, including one held by … <\/p>\n

Continue reading “Engaged Capital Formally Nominates Three Highly Qualified, Independent Director Candidates to the BlackLine Board”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-933200","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nEngaged Capital Formally Nominates Three Highly Qualified, Independent Director Candidates to the BlackLine Board - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/engaged-capital-formally-nominates-three-highly-qualified-independent-director-candidates-to-the-blackline-board\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Engaged Capital Formally Nominates Three Highly Qualified, Independent Director Candidates to the BlackLine Board - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Engaged Capital Formally Nominates Three Highly Qualified, Independent Director Candidates to the BlackLine Board NEWPORT BEACH, Calif.–(BUSINESS WIRE)– Engaged Capital, LLC (\u201cEngaged Capital\u201d), an investment firm focused on enhancing the value of small- and mid-cap North American companies, today confirmed that it has formally submitted a nomination notice to BlackLine, Inc. (NASDAQ: BL) (\u201cBlackLine\u201d or the \u201cCompany\u201d) in connection with the Company\u2019s 2026 Annual Meeting of Stockholders (the \u201cAnnual Meeting\u201d). The nomination notice includes a slate of three highly qualified and independent director candidates with significant software industry, M&A and governance expertise: Storm Duncan, Christopher Hallenbeck and Christopher L. Young. 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