BlackLine (BL) has entered into a cooperation agreement with Scalar Gauge Fund to appoint an independent member to the Company’s Board of Directors . In accordance with the agreement with Scalar Gauge, the Company will appoint Scott Davidson, no later than March 14, 2025. He will be a Class I Director with a term expiring at the Company’s 2026 Annual Meeting. As the former COO of Alteryx, Davidson led digital transformation, cloud transition, and M&A strategy. As part of the agreement, Scalar Gauge has agreed to customary standstill provisions and voting commitments during the term of the agreement.
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