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New Relic Names Jim Gochee Chief Product Officer, Erica Schultz as EVP, Enterprise and Commercial

Software Analytics Company Promotes Leadership to Drive Product Excellence and Customer Success

SAN FRANCISCO – August 20, 2015 – Software analytics company New Relic, Inc. (NYSE:NEWR) announced new promotions designed to drive product excellence and advance customer success. Jim Gochee has been named Chief Product Officer, a newly created position reporting directly to CEO and Founder Lew Cirne. In addition, sales leader Erica Schultz has been promoted to EVP, Commercial and Enterprise.

“New Relic has always been and always will be a product-first company,” said Cirne. “We believe that Jim is the ideal person to lead a unified product organization that will continue our efforts to design, build, deliver, and operate amazing products that delight our customers.”

As Chief Product Officer, Gochee will continue to have responsibility for product strategy, product design, product management, research, corporate development, and will add engineering and site operations. In his previous role as SVP of Product Strategy, Gochee led the team responsible for designing the New Relic Software Analytics Cloud. This industry-leading multi-tenant, SaaS-based platform is trusted by thousands of companies, government agencies, and non-profits in their efforts to improve their customers’ digital experience with their web and mobile channels.

“New Relic has seen tremendous response from our customers to our Software Analytics Cloud,” said Gochee. “I’m proud to lead New Relic’s global product and engineering teams, who inspire me every day with their commitment to innovation and quality.”

As EVP, Commercial and Enterprise, Schultz will continue to report to Chief Revenue Officer Hilarie Koplow-McAdams and lead the company’s global go-to-market strategy for the world’s largest organizations. Schultz joined the company in 2014 as SVP and led the company’s expansion into the Commercial and Enterprise markets, as well as internationally. Under her leadership, New Relic has seen accelerated success in the enterprise market even as the company demonstrated growth across all customer segments.

“Today, every company is becoming a software company,” said Schultz. “And I believe we’re just beginning to help our customers understand the full potential of how software analytics can help their businesses succeed.”

Cirne added, “Erica is a remarkably talented executive and I’m confident in her ability to drive continued success establishing New Relic as a more strategic vendor with the world’s largest companies.”

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 New Relic as a product-first company, its ability to design, build, deliver and operate amazing products that delight its customers, and Gochee’s and Schultz’s contributions and potential benefits to the company and its customers. 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 we make 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.


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New Relic is a software analytics company that delivers real-time insights to more than 13,000 paid business accounts. As a multi-tenant SaaS platform, the New Relic Software Analytics Cloud helps companies securely monitor their production software in virtually any environment, without having to build or maintain dedicated infrastructure. New Relic helps companies improve application performance, create delightful customer experiences, and realize business success. Learn more at newrelic.com.

New Relic is a registered trademark of New Relic, Inc.

All product and company names herein may be trademarks of their registered owners.

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Media Contact
Andrew Schmitt
New Relic, Inc.
415-869-7109
aschmitt@newrelic.com
Investor Contact
Jonathan Parker
New Relic, Inc.
503-336-9280
IR@newrelic.com