New Relic, the leading all-in-one observability platform designed to empower engineers with data-driven insights, has announced the appointment of Ashish Agarwal as the company’s next Chief Financial Officer (CFO).
Agarwal, a seasoned business leader with nearly three decades of experience in corporate finance within the technology sector, brings a wealth of expertise to his new role. He has a proven track record of successfully leading the financial strategies of high-growth companies, making him well-suited to further strengthen New Relic's strategic direction.
In his capacity as CFO, Agarwal will oversee global finance operations, leveraging his extensive experience to drive the company's growth initiatives. He assumes the CFO role from David Barter, further solidifying New Relic's commitment to fostering top-tier talent within its leadership team.
Agarwal's impressive career includes serving as the interim CFO and senior vice president of strategy and corporate development at McAfee, where he played a pivotal role in leading mergers and acquisitions (M&A) and business development activities, including overseeing the company's $936 million IPO and a $14 billion private sale.
Prior to his tenure at McAfee, Agarwal held key positions at prominent technology firms such as Akamai Technologies and Symantec, where he spearheaded numerous acquisitions, divestitures, and business development initiatives. He received his MBA from The Wharton School and a bachelor’s in economics from Delhi University.
New Relic CEO Ashan Willy expressed his enthusiasm about Agarwal's appointment, citing “Ashish is exactly the leader we need to help take the company through its next phase of growth. His experience leading companies like McAfee through its IPO and helping to transform Akamai Symantec all while accelerating their growth makes him poised to tackle our opportunity ahead. We are thrilled to have him on board,”
In response, Agarwal expressing his excitement about joining New Relic said, “I joined New Relic because of the market opportunity, its differentiated platform, and the incredible team in place. These past few months at New Relic have only reaffirmed my decision to help the business scale and grow as its next CFO.”
New Relic, renowned for its data-driven approach to software development, empowers engineers with a unified data platform that provides comprehensive telemetry and powerful analysis tools. The company's unique usage-based consumption pricing model offers intuitive and predictable costs, providing engineers with exceptional value and enabling them to improve planning cycle times, change failure rates, release frequency, and mean time to resolution.
Through its innovative platform, New Relic serves a diverse array of leading brands worldwide, including adidas Runtastic, American Red Cross, Australia Post, Banco Inter, Chegg, GoTo Group, Ryanair, Sainsbury’s, Signify Health, Topgolf, and World Fuel Services (WFS), helping them enhance uptime, reliability, and operational efficiency to deliver exceptional customer experiences and drive innovation and growth.
