BlackLine Promotes Chief Revenue Officer

BlackLine Inc. has promoted Mark Woodhams to chief revenue officer, effective at the start of the new year.Woodhams previously served as senior vice president of global sales for the Woodland Hills accounting software developer. He will continue to lead worldwide sales and oversee the company’s subsidiary in Japan and its partner channel.Since joining BlackLine in 2018 Woodhams has added more than 1,000 new customers for the firm and grown existing accounts, particularly upmarket where the number of clients spending more than $1 million in annual recurring revenue has tripled, the company said.BlackLine Chief Executive Marc Huffman said that Woodhams has a proven track record of overseeing successful sales and partner organizations.“His promotion is part of our long-term strategy to build out a leadership team that represents not only the best talent in the industry, but also the team we believe can take the company to the next level,” Huffman said in a statement.Prior to joining BlackLine, Woodhams had worked at leading cloud and financial and professional services companies including NetSuite, Oracle, Hyperion, Capgemini and Citicorp.Shares of BlackLine (BL) closed down Wednesday $3.67, or 2.8 percent, to $126.65 on the Nasdaq, on a  day when that market closed down less than 1 percent.