New Relic CEO Lewis Cirne's 2019 pay jumps 36% to $4.3M

New Relic reports 2019 executive compensation

By ExecPay News

Published: July 10, 2019

New Relic reported fiscal year 2019 executive compensation information on July 10, 2019.
In 2019, four New Relic executives received on average a compensation package of $3.2M, a 43% increase compared to previous year.
Average pay of disclosed executives at New Relic
Lewis Cirne, Chief Executive Officer, received $4.3M in total, which increased by 36% compared to 2018. 78.41% of Cirne's compensation, or $3.4M, was in option awards. Cirne also received $455.1K in non-equity incentive plan, $416.3K in salary, as well as $55.5K in other compensation.
For fiscal year 2019, the median employee pay was $220,810 at New Relic. Therefore, the ratio of Lewis Cirne's pay to the median employee pay was 19 to one.
Erica Schultz, Chief Revenue Officer, received a compensation package of $4.2M. 40.71% of the compensation package, or $1.7M, was in stock awards.
Mark Sachleben, Chief Financial Officer, earned $2.5M in 2019, a 8% decrease compared to previous year.
James Gochee, Chief Technology Officer, received $1.9M in 2019, which decreases by 13% compared to 2018.
New Relic's fiscal year ends on March 31.

Related executives

Lewis Cirne

New Relic

Chief Executive Officer

Mark Sachleben

New Relic

Chief Financial Officer

James Gochee

New Relic

Chief Technology Officer

Erica Schultz

New Relic

Chief Revenue Officer

You may also like

Source: SEC filing on July 10, 2019.