Engaged Capital Launches Board Challenge at BlackLine Inc. Ahead of 2026 Shareholder Meeting

Reuters01-13

Engaged Capital Launches Board Challenge at BlackLine Inc. Ahead of 2026 Shareholder Meeting

Engaged Capital, an investment firm led by founder and Chief Investment Officer Glenn W. Welling, has announced its intention to nominate a slate of director candidates to the Board of BlackLine, Inc. at the company’s 2026 Annual Meeting of Stockholders. The move follows concerns raised by Engaged Capital regarding the current Board's actions, including the reported rejection of a premium acquisition offer and plans to reduce the size of the Board, which the firm describes as limiting stockholders’ ability to elect new, independent directors. Engaged Capital argues that a reconstitution of BlackLine’s Board is necessary to ensure objective evaluation of strategic alternatives and to maximize value for all stockholders. The firm encourages stockholders to visit www.SaveBlackLine.com for further information and updates.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blackline Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260102553078) on January 13, 2026, and is solely responsible for the information contained therein.

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