This company has been acquired
New Relic Management
Management criteria checks 1/4
New Relic's CEO is Bill Staples, appointed in Jul 2021, has a tenure of 2.33 years. total yearly compensation is $23.21M, comprised of 2.5% salary and 97.5% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth $9.72M. The average tenure of the management team and the board of directors is 2.3 years and 2.4 years respectively.
Key information
Bill Staples
Chief executive officer
US$23.2m
Total compensation
| CEO salary percentage | 2.5% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.3yrs |
| Board average tenure | 2.4yrs |
Recent management updates
Recent updates
New Relic: A Great Way To Cash Out
Aug 01New Relic: The Impact Of Revenue Growth Deceleration (Rating Downgrade)
Jun 27Is New Relic (NYSE:NEWR) Weighed On By Its Debt Load?
May 31
New Relic: Full Steam Ahead; Buy With Confidence (Rating Upgrade)
May 30New Relic, Inc.'s (NYSE:NEWR) Share Price Matching Investor Opinion
May 10Should You Think About Buying New Relic, Inc. (NYSE:NEWR) Now?
Apr 19Is New Relic, Inc. (NYSE:NEWR) Expensive For A Reason? A Look At Its Intrinsic Value
Feb 26New Relic Non-GAAP EPS of $0.32 beats by $0.17, revenue of $239.8M beats by $6.88M
Feb 07New Relic (NYSE:NEWR) Has Debt But No Earnings; Should You Worry?
Jan 30New Relic: Scoop This Up As Growth Revs Up Again
Jan 17Should You Investigate New Relic, Inc. (NYSE:NEWR) At US$56.45?
Jan 03New Relic: From Bubble To Overvalued
Nov 01New Relic, Inc. (NYSE:NEWR) Shares Could Be 33% Below Their Intrinsic Value Estimate
Oct 23Skykit joins hands with New Relic for making data observatory more accessible
Oct 20Growth may not be Enough: How Datadog (DDOG) Is Ahead of Competitors in both Good and Bad Metrics
Sep 26What Does New Relic, Inc.'s (NYSE:NEWR) Share Price Indicate?
Sep 07New Relic: The Rally Is Just Beginning
Aug 09Is New Relic (NYSE:NEWR) Weighed On By Its Debt Load?
Aug 08New Relic jumps 16% on report of potential sale process
Jul 20New Relic goes into the red following Morgan Stanley downgrade
Jul 11Is New Relic, Inc. (NYSE:NEWR) Trading At A 23% Discount?
Jun 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -US$144m |
| Jun 30 2023 | n/a | n/a | -US$167m |
| Mar 31 2023 | US$23m | US$585k | -US$180m |
| Dec 31 2022 | n/a | n/a | -US$179m |
| Sep 30 2022 | n/a | n/a | -US$215m |
| Jun 30 2022 | n/a | n/a | -US$222m |
| Mar 31 2022 | US$14m | US$480k | -US$250m |
| Dec 31 2021 | n/a | n/a | -US$257m |
| Sep 30 2021 | n/a | n/a | -US$247m |
| Jun 30 2021 | n/a | n/a | -US$241m |
| Mar 31 2021 | US$795k | US$405k | -US$193m |
| Dec 31 2020 | n/a | n/a | -US$159m |
| Sep 30 2020 | n/a | n/a | -US$132m |
| Jun 30 2020 | n/a | n/a | -US$104m |
| Mar 31 2020 | US$6m | US$52k | -US$89m |
Compensation vs Market: Bill's total compensation ($USD23.21M) is above average for companies of similar size in the US market ($USD7.88M).
Compensation vs Earnings: Bill's compensation has increased whilst the company is unprofitable.
CEO
Bill Staples (50 yo)
2.3yrs
Tenure
US$23,214,892
Compensation
Mr. William Staples, also known as Bill, serves as Chief Executive Officer and Director at New Relic, Inc. since July 1, 2021. He served as Chief Product Officer of New Relic, Inc. since February 14, 2020...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Non-Executive Chairman of the Board | 15.8yrs | no data | 6.67% $ 412.0m | |
| CEO & Director | 2.3yrs | US$23.21m | 0.16% $ 9.7m | |
| Chief Financial Officer | 1.3yrs | US$17.21m | 0.034% $ 2.1m | |
| Chief Operating Officer | 2.3yrs | US$3.56m | 0.020% $ 1.2m | |
| Chief Legal Officer & Corporate Secretary | 5.4yrs | US$4.40m | 0.0092% $ 569.0k | |
| Chief Revenue Officer | 1.1yrs | US$11.72m | 0.025% $ 1.5m | |
| Chief Technology Officer | less than a year | no data | no data | |
| Chief People & Diversity Officer | 2.3yrs | no data | no data | |
| Chief Product Officer | 2.3yrs | no data | no data | |
| Chief Design & Strategy Officer | 1.6yrs | no data | no data | |
| Senior Vice President of Growth | less than a year | no data | no data |
2.3yrs
Average Tenure
51yo
Average Age
Experienced Management: NEWR's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Non-Executive Chairman of the Board | 15.8yrs | no data | 6.67% $ 412.0m | |
| CEO & Director | 2.3yrs | US$23.21m | 0.16% $ 9.7m | |
| Vice Chair of the Board & Lead Independent Director | 5.5yrs | US$262.03k | 0.014% $ 873.6k | |
| Independent Director | 3.3yrs | US$252.48k | 0.017% $ 1.1m | |
| Independent Director | 1.9yrs | US$232.09k | 0.0069% $ 427.5k | |
| Independent Director | 1.4yrs | US$261.72k | no data | |
| Independent Director | 3.3yrs | US$247.62k | 0.010% $ 641.3k | |
| Independent Director | 1.4yrs | US$261.72k | 0.0096% $ 591.3k | |
| Independent Director | 2.4yrs | US$249.53k | 0.0085% $ 527.0k | |
| Independent Director | 1.4yrs | US$261.72k | 0.0055% $ 339.8k |
2.4yrs
Average Tenure
52yo
Average Age
Experienced Board: NEWR's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.