New Relic expects fiscal year 2023 second quarter revenue and non-GAAP operating profit to exceed high end of guidance
New Relic, the observability company, announced that former Amazon Web Services (AWS) executive Mark Dodds has been appointed as Chief Revenue Officer. Dodds brings several decades of high-growth sales experience to New Relic, with a deep focus on consumption models, cloud transformation, and cloud technologies. Dodds will draw from his expertise in leading sales and customer adoption organizations at scale to drive adoption of the New Relic observability platform worldwide. He will be responsible for driving strategy and execution for the core functions of sales, customer success, customer adoption, and go-to-market operations.
“Mark is an exciting addition to the New Relic leadership team and brings a wealth of experience running consumption-based businesses at world-class companies like Amazon and Microsoft,” said New Relic CEO Bill Staples. “His appointment is timely as we continue to see healthy customer growth and consumption of our platform and his discipline and operational mindset will help us drive continued acceleration in our business performance. For Q2, I expect us to exceed the high end of the quarterly revenue and non-GAAP operating profit guidance issued on our last earnings call.”
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“Mark is an exciting addition to the New Relic leadership team and brings a wealth of experience running consumption-based businesses at world-class companies like Amazon and Microsoft”
Before his role at New Relic, Dodds led several global go-to-market organizations at AWS for consumption-based businesses ranging from cloud infrastructure and edge computing to productivity applications and customer experience. Most recently, he led global sales, technical, and business development for productivity applications at AWS. Prior to AWS, he served at Dell and Microsoft as a senior executive building global go-to-market functions at scale for both commercial and public sector organizations.
“New Relic is at the forefront of the observability market with its usage-based pricing model and customer-centric mindset,” said New Relic CRO Mark Dodds. “My team will build upon the company’s hard work to date to help customers gain true visibility across their entire technology stack.”
Dodds’ appointment continues New Relic’s focus to further build out its leadership team, following the recent hiring of David Barter as Chief Financial Officer, Siva Padisetty as SVP and GM of Telemetry Data Platform and Global Infrastructure, and Tia Williams as GVP of Design and Product Experience.
