SAN FRANCISCO: New Relic, a platform that helps engineers monitor and optimize their software, has appointed Ashan Willy as its new CEO. Willy, who has over 25 years of experience in the tech industry, will take over from December 4.

He was previously the CEO of Proofpoint, a cybersecurity and compliance company, where he led its growth and transition to a private ownership.

Before that, he worked at Webex, Juniper, Polycom, and Cisco in various senior roles. New Relic was acquired on November 8 by an investor group that includes Francisco Partners, TPG, Accel, and CapitalG.

“I have long admired New Relic as a true pioneer in the observability market, and am honored to have the opportunity to lead the company as it embarks on the next phase of its journey,” said Ashan Willy.

TPG and Francisco Partners to acquire New Relic

“The opportunity ahead of us is significant, and I believe New Relic is uniquely positioned to address customers’ evolving needs and expectations. I’m excited to hit the ground running with the New Relic team, as well as Francisco Partners and TPG, as we build on the company’s vision, values, and love for software that empowers engineers across the globe.”

“We are thrilled to welcome Ashan to New Relic at such an exciting time for the company. He is a talented executive with a keen understanding of our industry as well as the importance of delivering a unified platform for customers,” said Dipanjan “DJ” Deb, co-founder & CEO of Francisco Partners.

“We are confident Ashan brings the right expertise and experience to help guide New Relic in this new chapter, and we look forward to partnering together on the path ahead.”