Brief: New Relic Adds Board Members As Part Of Ongoing Board Refresh

New Relic

06/06/2022 22:09

June 6 (Reuters) - New Relic Inc  NEWR.N :
    * NEW RELIC ADDS BOARD MEMBERS AS PART OF ONGOING BOARD
REFRESH
    * NEW RELIC ADDS BOARD MEMBERS AS PART OF ONGOING BOARD
REFRESH
    * NEW RELIC INC - KEVIN GALLIGAN AND SUSAN D. ARTHUR
APPOINTED TO
BOARD IN CONNECTION WITH AN AGREEMENT WITH JANA PARTNERS LLC
    * NEW RELIC INC - PALI BHAT, LEADING TECHNOLOGIST AT REDDIT
AND
FORMERLY GOOGLE, RECRUITED BY COMPANY TO JOIN BOARD
    * NEW RELIC INC - JAMES (JIM) TOLONEN, DAN SCHOLNICK AND
ADAM
MESSINGER WILL STEP DOWN FROM BOARD, EFFECTIVE JUNE 13, 2022
    * NEW RELIC-IN CONNECTION WITH APPOINTMENT OF KEVIN GALLIGAN
AND
SUSAN ARTHUR TO BOARD, COMPANY HAS ALSO ENTERED INTO A
COOPERATION AGREEMENT WITH JANA
    * NEW RELIC INC - UNDER TERMS OF AGREEMENT, JANA HAS AGREED
TO A
CUSTOMARY STANDSTILL AND NON-DISPARAGEMENT COMMITMENTS

Source text for Eikon:  ID:nBw42DFvza 
Further company coverage:  NEWR.N 

 ((Reuters.Briefs@thomsonreuters.com;))