Patrick Vilanova, chief accounting officer, will succeed Mark Partin
LOS ANGELES, Nov. 07, 2024 (GLOBE NEWSWIRE) — BlackLine, Inc. (Nasdaq: BL), announced today that after nearly 10 years as BlackLine’s Chief Financial Officer, Mark Partin has decided to retire, effective March 1, 2025. Patrick Vilanova, BlackLine’s Chief Accounting Officer, will succeed Mr. Partin as Chief Financial Officer, effective March 1, 2025.
Mr. Vilanova is an experienced financial leader with over 25 years of experience. He joined the Company in 2015 and played a key role in BlackLine’s success, including as Chief Accounting Officer during the Company’s successful IPO in 2016. Most recently, Mr. Vilanova served as BlackLine’s Chief Accounting Officer, a position that loan since 2019. As CAO, he led the completion of two convertible note offerings and worked closely with the acquisition process and financial integration efforts of three different BlackLine acquisitions. He has a deep understanding of the BlackLine platform and technology and has worked closely with all functions of the business, including accounting, finance, sales and marketing. Prior to joining BlackLine, Mr. Vilanova spent nearly 16 years at PricewaterhouseCoopers, where he gained experience in financial planning, analytics and corporate development.
“On behalf of the Board of Directors and our executive leadership team, I want to thank Mark for his unwavering commitment to BlackLine and exceptional leadership over the past nine years. His contribution to the Company has been tremendous and we wish him the best in his well-deserved retirement,” said Terese Tucker, Co-CEO and Founder of BlackLine.
“As we recognize Mark’s tremendous efforts on behalf of BlackLine, our customers and our investors, we are extremely pleased that Patrick, whom Mark helped identify and develop as his successor, will step into the role of CFO. During his time at BlackLine, Patrick has proven to be a highly effective leader – and, importantly, has extensive experience in accounting and finance. He is ready to step into this role as we look to accelerate our growth, and we look forward to continued success under his leadership,” said Owen Ryan, Co-CEO and Chairman of BlackLine.
“I couldn’t be more proud of everything the BlackLine team has accomplished during my tenure,” said Mr. Partin. “After working with Patrick for almost a decade, I believe he is the right man for the job. The board, the rest of the executive team and I have great confidence in his abilities as a financial professional and as a team leader. I am excited to help him step into the role and am confident that BlackLine will continue to execute on its long-term strategy to address the needs of the CFO’s office and build on our momentum under his leadership.
“I am thrilled and honored to be appointed as BlackLine’s next CFO,” said Mr. Vilanova. “Since I joined BlackLine in 2015, the company has gone through a period of tremendous growth and change. What is constant is our unwavering commitment to innovation as we strengthen our market leadership position in the CFO’s office. I look forward to serving as BlackLine’s CFO during the next phase of our company’s growth.”
About BlackLine
BlackLine (Nasdaq: BL), the future-ready platform for the office of the CFO, is driving digital financial transformation by empowering organizations with accurate, efficient and intelligent financial operations.
BlackLine’s end-to-end platform addresses mission-critical processes, including record-to-account and invoice-to-cash, enabling unified and accurate data, streamlined and optimized processes, and real-time insights through visibility, automation and AI. BlackLine’s proven collaborative approach ensures continuous transformation, delivering immediate impact and sustainable value. With a proven track record of innovation, industry-leading R&D investments, and world-class security practices, more than 4,400 customers across industries partner with BlackLine to lead their organizations into the future.
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