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.