New Relic, Inc. (NYSE: NEWR), the industry's largest and most comprehensive cloud-based observability platform built to help customers create more perfect software, today announced that Bill Staples will join New Relic as chief product officer on February 14, 2020. Reporting directly to CEO and Founder Lew Cirne, Staples will be responsible for driving the company's market-leading platform strategy and will lead the Product Management, Engineering and Design functions.
Staples has spent his career building and scaling cloud-based businesses. He joins New Relic from Adobe, where he led the 1,500+ employee global engineering team behind Adobe's market-leading Experience Cloud. Previously, he spent 17 years at Microsoft in a number of product leadership roles. Most recently at Microsoft, he was corporate vice president for the Azure Application Platform, leading design, product management and engineering. At both Microsoft and Adobe, he successfully led transformative product, engineering culture and technical innovation agendas, helping both companies embrace cloud-first principles to accelerate business growth.
Comments on the News:
"Bill is an extraordinary leader with a proven track record of leading successful product organizations that deliver at cloud scale," said Cirne. "He shares our core values, commitment to innovation and our pursuit of creating products that customers love."
"As a long-time New Relic customer and partner, I have long admired the impact that New Relic products have on customers' lives, and I look forward to working with New Relic's global product team to continue delivering the incredible platform that delights New Relic's customers every day," said Staples. "As a self-proclaimed 'data nerd', I am honored to join New Relic's mission of helping the world create more perfect software."
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 hiring of Bill Staples, his expected start date, reporting structure and anticipated contributions to New Relic's product strategy and development. 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.
About New Relic
New Relic is the industry's largest and most comprehensive cloud-based observability platform built to help customers create more perfect software. The world's best software and DevOps teams rely on New Relic to move faster, make better decisions and create best-in-class digital experiences. If you run software, you need to run New Relic. Learn why more than 50% of the Fortune 100 trust New Relic to make the world's software run at newrelic.com.
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