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Five priorities to measure success - New Relic s new CEO sets out his to do list as the firm continues to transition

Five priorities to measure success - New Relic s new CEO sets out his to do list as the firm continues to transition
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New Relic : Unveils Innovation and Community Initiatives to Put Power of Telemetry Data in the Hands of Every Engineer at Every Stage of the Software Lifecycle

FUTURESTACK - May 26, 2021 - New Relic, Inc. , the observability company, announced a series of new product innovations and community initiatives at its annual developer conference, FutureStack. | May 26, 2021

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SFBT Friday Digest: S F s new budget surplus; Driverless shuttle production

SFBT Friday Digest: S F s new budget surplus; Driverless shuttle production
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New Relic (NEWR) Q4 2021 Earnings Call Transcript

Operator Good afternoon, everyone, and welcome to the New Relic fourth-quarter and fiscal-year 2021 earnings conference call. [Operator instructions] We also note today s event is being recorded. At this time, I d like to turn the conference call over to Peter Goldmacher, vice president of investor relations. Sir, please go ahead. Peter Goldmacher Vice President of Investor Relations Thank you, operator. Good afternoon, everyone, and thanks for joining our Q4 fiscal 21 earnings call. We published a letter on our Investor Relations website about an hour ago, and we hope everyone s had a chance to read our letter, together with today s earnings press release. Because of the level of detail we provided across these two documents, today s call will begin with Lew providing brief opening remarks, and then we ll dive right into your questions.

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New Relic, Which Laid Off 160 Last Month, Promotes Bill Staples As CEO

New Relic This story is available exclusively to Insider subscribers. Become an Insider and start reading now. New Relic president Bill Staples will be its new CEO while CEO Lew Cirne will become exec. chairman. Staples will oversee New Relic s transition to a usage-based model, rather than subscriptions. The transition has been rocky: New Relic laid off 160 workers last month, and its growth is slowing. The $3.57 billion monitoring and data software company New Relic announced on Thursday that Lew Cirne, its founder, is stepping down as CEO as it transitions to a new business model. President and chief product officer Bill Staples will step up as the new chief executive, effective July 1, even as Cirne takes the title of executive chairman. Cirne has served as CEO since founding the company in 2008 New Relic itself is actually an anagram for Lew Cirne.

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