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 percentage2.5%
CEO tenure2.3yrs
CEO ownership0.2%
Management average tenure2.3yrs
Board average tenure2.4yrs

Recent management updates

Recent updates

New Relic: A Great Way To Cash Out

Aug 01

New Relic: The Impact Of Revenue Growth Deceleration (Rating Downgrade)

Jun 27

Is New Relic (NYSE:NEWR) Weighed On By Its Debt Load?

May 31
Is New Relic (NYSE:NEWR) Weighed On By Its Debt Load?

New Relic: Full Steam Ahead; Buy With Confidence (Rating Upgrade)

May 30

New Relic, Inc.'s (NYSE:NEWR) Share Price Matching Investor Opinion

May 10
New Relic, Inc.'s (NYSE:NEWR) Share Price Matching Investor Opinion

Should You Think About Buying New Relic, Inc. (NYSE:NEWR) Now?

Apr 19
Should You Think About Buying New Relic, Inc. (NYSE:NEWR) Now?

Is New Relic, Inc. (NYSE:NEWR) Expensive For A Reason? A Look At Its Intrinsic Value

Feb 26
Is New Relic, Inc. (NYSE:NEWR) Expensive For A Reason? A Look At Its Intrinsic Value

New Relic Non-GAAP EPS of $0.32 beats by $0.17, revenue of $239.8M beats by $6.88M

Feb 07

New Relic (NYSE:NEWR) Has Debt But No Earnings; Should You Worry?

Jan 30
New Relic (NYSE:NEWR) Has Debt But No Earnings; Should You Worry?

New Relic: Scoop This Up As Growth Revs Up Again

Jan 17

Should You Investigate New Relic, Inc. (NYSE:NEWR) At US$56.45?

Jan 03
Should You Investigate New Relic, Inc. (NYSE:NEWR) At US$56.45?

New Relic: From Bubble To Overvalued

Nov 01

New Relic, Inc. (NYSE:NEWR) Shares Could Be 33% Below Their Intrinsic Value Estimate

Oct 23
New Relic, Inc. (NYSE:NEWR) Shares Could Be 33% Below Their Intrinsic Value Estimate

Skykit joins hands with New Relic for making data observatory more accessible

Oct 20

Growth may not be Enough: How Datadog (DDOG) Is Ahead of Competitors in both Good and Bad Metrics

Sep 26
Growth may not be Enough: How Datadog (DDOG) Is Ahead of Competitors in both Good and Bad Metrics

What Does New Relic, Inc.'s (NYSE:NEWR) Share Price Indicate?

Sep 07
What Does New Relic, Inc.'s (NYSE:NEWR) Share Price Indicate?

New Relic: The Rally Is Just Beginning

Aug 09

Is New Relic (NYSE:NEWR) Weighed On By Its Debt Load?

Aug 08
Is New Relic (NYSE:NEWR) Weighed On By Its Debt Load?

New Relic jumps 16% on report of potential sale process

Jul 20

New Relic goes into the red following Morgan Stanley downgrade

Jul 11

Is New Relic, Inc. (NYSE:NEWR) Trading At A 23% Discount?

Jun 14
Is New Relic, Inc. (NYSE:NEWR) Trading At A 23% Discount?

CEO Compensation Analysis

How has Bill Staples's remuneration changed compared to New Relic's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

-US$144m

Jun 30 2023n/an/a

-US$167m

Mar 31 2023US$23mUS$585k

-US$180m

Dec 31 2022n/an/a

-US$179m

Sep 30 2022n/an/a

-US$215m

Jun 30 2022n/an/a

-US$222m

Mar 31 2022US$14mUS$480k

-US$250m

Dec 31 2021n/an/a

-US$257m

Sep 30 2021n/an/a

-US$247m

Jun 30 2021n/an/a

-US$241m

Mar 31 2021US$795kUS$405k

-US$193m

Dec 31 2020n/an/a

-US$159m

Sep 30 2020n/an/a

-US$132m

Jun 30 2020n/an/a

-US$104m

Mar 31 2020US$6mUS$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

NamePositionTenureCompensationOwnership
Lewis Cirne
Founder & Non-Executive Chairman of the Board15.8yrsno data6.67%
$ 412.0m
William Staples
CEO & Director2.3yrsUS$23.21m0.16%
$ 9.7m
David Barter
Chief Financial Officer1.3yrsUS$17.21m0.034%
$ 2.1m
Kristy Friedrichs
Chief Operating Officer2.3yrsUS$3.56m0.020%
$ 1.2m
Thomas Lloyd
Chief Legal Officer & Corporate Secretary5.4yrsUS$4.40m0.0092%
$ 569.0k
Mark Dodds
Chief Revenue Officer1.1yrsUS$11.72m0.025%
$ 1.5m
Siva Padisetty
Chief Technology Officerless than a yearno datano data
Tracy Williams
Chief People & Diversity Officer2.3yrsno datano data
Manav Khurana
Chief Product Officer2.3yrsno datano data
Peter Pezaris
Chief Design & Strategy Officer1.6yrsno datano data
Ishan Mukherjee
Senior Vice President of Growthless than a yearno datano data

2.3yrs

Average Tenure

51yo

Average Age

Experienced Management: NEWR's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Lewis Cirne
Founder & Non-Executive Chairman of the Board15.8yrsno data6.67%
$ 412.0m
William Staples
CEO & Director2.3yrsUS$23.21m0.16%
$ 9.7m
Hope Cochran
Vice Chair of the Board & Lead Independent Director5.5yrsUS$262.03k0.014%
$ 873.6k
David Henshall
Independent Director3.3yrsUS$252.48k0.017%
$ 1.1m
Takeshi Numoto
Independent Director1.9yrsUS$232.09k0.0069%
$ 427.5k
Kevin Galligan
Independent Director1.4yrsUS$261.72kno data
Anne DelSanto
Independent Director3.3yrsUS$247.62k0.010%
$ 641.3k
Susan Arthur
Independent Director1.4yrsUS$261.72k0.0096%
$ 591.3k
Radhakrishnan Mahendran
Independent Director2.4yrsUS$249.53k0.0085%
$ 527.0k
Phalachandra Bhat
Independent Director1.4yrsUS$261.72k0.0055%
$ 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.


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