BlackLine Inc. (NASDAQ: BL) appointed Storm Duncan and Megan Prichard to its board of directors as part of a cooperation agreement with activist investor Engaged Capital LLC, the company announced March 10.

Duncan will join the board's Strategic Committee alongside current director Scott Davidson. The Strategic Committee evaluates potential strategic transactions for the financial software company.

Duncan brings three decades of technology industry experience and currently serves as founder and CEO of Ignatious, a technology-focused M&A advisory firm. He previously held senior M&A roles at Jefferies and Credit Suisse, advising on transactions including Google's acquisitions of YouTube and DoubleClick.

Prichard currently works at Uber in their Global Premium and New Verticals business and previously held various roles at the ride-sharing company including Head of US Mobility. She also worked as Vice President of Commercialization at General Motors' Cruise subsidiary and as Global Head of Autonomous Ridesharing at Ford.

BlackLine projects revenue growth of 9.1% to 9.6% in 2026 following what the company described as record bookings in 2025. The company reported that customer adoption of its AI tool BlackLine Verity increased 50% between the third and fourth quarters of 2025.

Glenn Welling, founder and chief investment officer of Engaged Capital, stated the firm worked collaboratively with BlackLine's board on the appointments and governance improvements.

The complete cooperation agreement will be filed with the Securities and Exchange Commission as an exhibit to a Form 8-K filing, according to the company's statement.