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New Relic Announces Chief Financial Officer Transition

Mark Sachleben to Retire; New Relic Initiates Search for Successor Company Separately Reports Fourth Quarter Fiscal Year 2022 Financial Results

San Francisco - 12 mai 2022

New Relic (NYSE: NEWR), the observability company, announced that Mark Sachleben has decided to retire from his role as Chief Financial Officer. While the company engages in a comprehensive search for his successor, Sachleben will remain in his role until his successor is named and the company has completed the successful transition. 


“On behalf of the Board and management team, I thank Mark for his leadership, commitment and contributions to New Relic since its founding in 2008,” said New Relic CEO Bill Staples. “His dedication and intimate knowledge of the business has been central to our ongoing business transformation, including strengthening our balance sheet, accelerating revenue growth, and implementing cost savings measures. We wish him all the best in his future endeavors. Looking ahead, we are committed to conducting an efficient but comprehensive search to identify the right financial leader for New Relic’s next phase of growth.” 


Sachleben said, “I joined New Relic in 2008 to help build and scale the organization so that millions of developers and engineers could build better software, and faster. After 14 years, I have decided now is the right time for me to retire from New Relic. It has been an honor and a privilege to lead such a dynamic and visionary organization. I am proud to have played a role in helping New Relic grow and deliver on its mission, and I remain committed to ensuring a smooth transition.”


Fourth Quarter and Full Fiscal Year 2022 Financial Results

In a separate press release, New Relic today reported its financial results for the fourth quarter and full fiscal year ended March 31, 2022. In conjunction, the company has posted an investor letter and will conduct a conference call beginning at 2 p.m. Pacific Time (5 p.m. Eastern Time) to discuss the results and respond to questions. The investor letter and conference call can be accessed through the company’s website at http://ir.newrelic.com under the investor relations section.


Analyst Day and FutureStack 2022

New Relic will continue to hold its previously announced Analyst Day on Wednesday, May 18, in conjunction with FutureStack 2022, the company’s annual customer and developer conference; however, in light of the CFO transition underway, the company does not intend to provide an update regarding its long-term business model. For additional details and to register for the in-person Analyst Day event, email AnalystDay@newrelic.com.


Forward-Looking Statements

This press release contains “forward-looking” statements, as that term is defined under the federal securities laws, including but not limited to statements regarding the retirement and transition of Mr. Sachleben and any anticipated effects on the Company’s business, market position and growth, and New Relic’s plan for the Analyst Day and FutureStack 2022. The achievement or success of the matters covered by such forward-looking statements are based on New Relic’s current assumptions, expectations, and beliefs and are subject to substantial risks, uncertainties, assumptions, and changes in circumstances that may cause New Relic’s actual results, performance, or achievements to differ materially from those expressed or implied in any forward-looking statement. Further information on factors that could affect New Relic’s financial and other results and the forward-looking statements in this press release is included in the filings New Relic makes with the SEC from time to time, including in New Relic’s most recent Form 10-Q, particularly under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Copies of these documents may be obtained by visiting New Relic’s Investor Relations website at http://ir.newrelic.com or the SEC's website at www.sec.gov. New Relic assumes no obligation and does not intend to update these forward-looking statements, except as required by law.


À propos de New Relic

En tant que leader de l'observabilité, New Relic permet aux ingénieurs d'avoir une approche data-driven de la planification, du développement, du déploiement et de l'exécution d'excellents logiciels. New Relic propose la seule plateforme uniformisée qui permet aux ingénieurs d'obtenir toutes les données télémétriques (métriques, événements, logs et traces) avec les puissants outils d'analyse full‑stack pour aider les ingénieurs à donner le meilleur d'eux‑mêmes en s'appuyant sur des données et non sur des opinions. Le modèle de tarification intuitif et prévisible de New Relic est le premier du secteur à être basé sur la consommation, ce qui permet aux ingénieurs d'obtenir plus de leur investissement en les aidant à améliorer la planification des différents cycles, les taux d'échecs des modifications, la fréquence de publication des nouvelles versions et les temps moyens de résolution des problèmes. Tous ces avantages aident les meilleures marques au monde, dont Adidas Runtastic, Australia Post, Banco Inter, Chegg, GoTo Group, La Croix‑Rouge américaine, Ryanair, Sainsbury’s, Signify Health, TopGolf et World Fuel Services (WFS) à améliorer les temps de disponibilité et la fiabilité, à stimuler l'efficacité opérationnelle et à assurer une expérience client exceptionnelle, ce qui encourage l'innovation et la croissance. www.newrelic.com.

Contact presse

New Relic, Inc.

France : newrelic@lagencerp.com

USA : PR@newrelic.com