Bottomline Technologies, Inc. announced that it has agreed with shareholders Clearfield Capital Management LP and Sachem Head Capital Management LP to appoint to its Board of Directors Philip Hilal, managing partner of Clearfield, Larry Klane, Co-Founding Principal of Pivot Investment Partners LLC, and Michael Curran, an experienced senior financial services executive. With these appointments, which are effective November 8, 2021, the Bottomline Board will be expanded to eleven directors. The company also announced that the Board has formed a new Strategy Committee responsible for evaluating and making recommendations with respect to the Company?s market position and strategy, acceleration of subscription revenue growth and opportunities to create additional shareholder value.