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New Relic Executive Compensation (FY23)

NEWR · Executive and director compensation, fiscal 2022 to 2023
Chief executive, fiscal 2023
◇
William Staples
Median of the other named officers
$4,398,350
5 officers, excluding the chief executive
Latest say-on-pay support
=
August 16, 2023
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9 filings cited on this page
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278 figures on this page: 271 cited to the filing that reported them, 7 calculated from figures it prints. See the citations
What changed from fiscal 2022 to fiscal 2023
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — William Staples: $13,566,011 → $23,214,892 (71.1% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is New Relic's chief executive and what were they paid?
William Staples, Chief Executive Officer, received $23,214,892 in total compensation for fiscal 2023. Staples' total was 71.1% higher than the $13,566,011 reported for fiscal 2022.
What was New Relic's say-on-pay result?
Shareholders supported the say-on-pay proposal with 60.3% of votes cast for or against in favor at the meeting held August 16, 2023 for fiscal 2023.
Which companies are in New Relic's peer group?
Companies named in the disclosed peer group include Alteryx, AppFolio, BlackLine, Box and Cornerstone OnDemand Software, among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Staples
Chief Executive Officer
◇—◇—◇——◇
Michael Christenson
Former Advisor to Chief Executive Officer
Departed during or after this year
◇—◇◇——◇◇
Lewis Cirne
Executive Chairman
◇—◇—◇—◇◇
Kristy Friedrichs
Chief Operating Officer
◇—◇—◇—◇◇
Mark Sachleben
Chief Financial Officer and Corporate Secretary
◇—◇—◇—◇◇
Steve Hurn
Chief Sales Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Staples
Chief Executive Officer
◇—◇—◇—◇◇
David Barter
Chief Financial Officer
◇◇◇—◇—◇◇
Mark Dodds
Chief Revenue Officer
◇—◇—◇—◇◇
Thomas Lloyd
Chief Legal Officer and Corporate Secretary
◇—◇—◇—◇◇
Kristy Friedrichs
Chief Operating Officer
◇—◇—◇—◇◇
Mark Sachleben
Former Chief Financial Officer
Departed during or after this year
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2023
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
David BarterPSU◇———◇—◇
David BarterPSU◇◇◇—◇—◇
David BarterRSU◇——◇——◇
Kristy FriedrichsPSU◇◇◇—◇—◇
Kristy FriedrichsRSU◇——◇——◇
Mark DoddsPSU◇———◇—◇
Mark DoddsPSU◇◇◇—◇—◇
Mark DoddsRSU◇——◇——◇
Mark SachlebenRSU◇——◇——◇
Thomas LloydRSU◇——◇——◇
Thomas LloydPSU◇———◇—◇
Thomas LloydPSU◇◇◇—◇—◇
Thomas LloydPSU◇◇◇—◇—◇
Thomas LloydRSU◇——◇——◇
William StaplesPSU◇———◇—◇
William StaplesPSU◇◇◇—◇—◇
William StaplesRSU◇——◇——◇
Fiscal 2022 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2023 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
William StaplesPSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇2/17/2030
RSU◇◇——
Mark DoddsPSU◇◇——
RSU◇◇——
PSU◇◇——
David BarterPSU◇◇——
RSU◇◇——
PSU◇◇——
Kristy FriedrichsPSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Option◇—◇5/14/2030
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇3/24/2029
Mark SachlebenPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇5/14/2029
Thomas LloydPSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Option◇—◇11/14/2029
PSU◇◇——
RSU◇◇——
Option◇—◇5/14/2030
PSU◇◇——
RSU◇◇——
Option◇—◇11/14/2029
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2023
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Hope Cochran
Lead independent director
◇◇————◇
Susan D. Arthur
◇◇————◇
Kevin Galligan
◇◇————◇
Pali Bhat
◇◇————◇
David Henshall
Lead independent director
◇◇————◇
RK Mahendran
◇◇————◇
Anne DelSanto
◇◇————◇
Caroline Watteeuw Carlisle
—◇————◇
Takeshi Numoto
—◇————◇
James Tolonen
—◇————◇
Daniel Scholnick
◇◇————◇
Adam Messinger
◇—————◇
Lewis Cirne and William Staples served on the board in fiscal 2023 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2023
  • Alteryx AYX
  • AppFolio APPF
  • BlackLine BL
  • Box BOX
  • Cornerstone OnDemand Software symbol not shown
  • Dynatrace DT
  • Elastic ESTC
  • Five9 FIVN
  • Guidewire Software GWRE
  • Nutanix NTNX
  • Paylocity Holding PCTY
  • Q2 Holdings QTWO
  • Qualys QLYS
  • Rapid7 RPD
  • SolarWinds SWI
  • SVMK (now Momentive) symbol not shown
  • Zendesk ZEN

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2023August 16, 2023=◇◇◇
2022August 17, 2022=◇◇◇
2020August 18, 2021=◇◇◇
2019August 19, 2020=◇◇◇
2018August 22, 2019=◇◇◇
2017August 21, 2018=◇◇◇
2016August 22, 2017=◇◇◇

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Sample answer — “What is the CEO’s total compensation?”
- William Staples (Chief Executive Officer), FY2023 total compensation $23,214,892 (base salary $585,000) [exec_comp, SEC accession 0001448056-23-000042, filed 2023-06-30]

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What this page does not include

Everything above is a fact New Relic disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
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A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
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Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Say-on-pay responsiveness
New Relic recorded a low support level. The responsiveness analysis covers what the company said it would do, what it did, and how that compares with the companies that recovered their vote.
Responsiveness analysis
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Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
278 figures on this page: 271 cited to the filing that reported them, 7 calculated from figures it prints.
271 cited to the filing
7 calculated from the filing

Documents cited

  1. 0001448056-23-000048
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001448056-23-000042
    DIRECTOR COMPENSATION · Fiscal 2023 Director Compensation Table · Fiscal 2023 Outstanding Equity Awards at Fiscal Year End Table · Fiscal 2023 Summary Compensation Table · and 2 more sections
  3. 0001448056-22-000054
  4. 0001448056-22-000038
    DIRECTOR COMPENSATION · Summary Compensation Table
  5. 0001448056-21-000060
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001448056-20-000035
  7. 0001448056-19-000040
  8. 0001448056-18-000032
  9. 0001448056-17-000018
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “New Relic executive compensation, FY2022–FY2023.” https://intel.velarion.ai/comp/NEWR (accessed 2026).
Short form: data: Velarion

The New Relic brief, $500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
9 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers New Relic discloses

The companies named in NEWR's own disclosed peer group.

Terms on this page

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}