BlackLine CEO Named 'Business Woman of the Decade' by San Fernando Valley Business Journal

Local Business Publication Recognizes Therese Tucker for Accomplishments in Building Fast-Growing Financial Close Software Company over the Past 10 Years

Mar 01, 2011, 16:38 ET from BlackLine Systems

CALABASAS, Calif., March 1, 2011 /PRNewswire/ -- The San Fernando Valley Business Journal (SFVBJ) has recognized Therese Tucker, CEO and founder of Calabasas, Calif.-based financial software provider BlackLine Systems, as a 'Business Woman of the Decade.'  The most recent accolade from the SFVBJ follows Tucker's 2009 recognition as 'CEO of the Year for Women in Business.'  

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For its first-ever 'Business Woman of the Decade' awards, the SFVBJ was looking for "women who had significant achievements since the time they were originally honored with a 'Women in Business' award and had sustained success over the past 10 years."  

Under Tucker's direction, BlackLine revenues were up by more than 50 percent in both 2009 and 2010.  The 2009 growth follows three sequential previous years where the company's revenues doubled under Tucker's direction. 

Since her 2009 win, Tucker has continued to add household name accounts to her client roster with H.J. Heinz Co., Diamond Resorts International, StarKist and U.S. Foodservice signing on during 2010.  Leading global accounting and consulting firms Deloitte, Ernst & Young and KPMG also are among a growing list of organizations with representatives who have become 'BlackLine Certified Implementers' since BlackLine began offering the implementation training course just last year.  BlackLine also tripled its head count in the last year and a half, adding jobs in the local community.

Accounting Today, Deloitte and Red Herring have each recognized Tucker recently for her accomplishments in building and growing the software company.  Accounting Today named her to its '10 Worth Watching' list of 'pioneers in the accounting profession.'  BlackLine ranked 61st nationally, 3rd in LA on Deloitte's 2010 Technology Fast 500™.  And just last month, BlackLine was named a Red Herring 100 Global Winner – recognizing the company as one of the 'most innovative and promising' tech ventures in the world.

Research firm Lead411 also named BlackLine to its 2010 Tech 500 list and deemed the company one of Southern California's 'Hottest Companies' for 2011.

The SFVBJ article noting the 10 'Business Woman of the Decade' honorees is in the Feb. 28, 2011 issue, along with several other articles on Tucker/BlackLine.  A digital version is available at http://www.sfvbj.com/news/2011/feb/28/blackline-says-ls-new-attitude-helped-move/.

About BlackLine

Founded in 2001, BlackLine Systems was the first to develop and offer a commercially available Balance Sheet Account Reconciliation solution.  An experienced provider of software to companies from the Fortune 100 to beyond the Fortune 1,000, BlackLine provides quick-to-implement, scalable and easy-to-use applications that automate the entire financial close process to help improve financial controls for companies of all sizes.  BlackLine software applications complement existing Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems.

BlackLine offers clients its enterprise-class software in a simple and secure OnDemand/SaaS platform.  With a proven track record and a commitment to customer success, BlackLine seeks to reduce the burden the financial close places on accounting and finance professionals.  For more information, please visit www.blackline.com.

SOURCE BlackLine Systems



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