 SAN FRANCISCO--BUSINESS WIRE--New Relic, Inc. NYSE: NEWR, the observability company, today announced that it has appointed RK Mahendran, partner at HMI Capital Management L.P. HMI Capital, the largest institutional shareholder in New Relic, to its Board of Directors, effective on June 24, 2021. Additionally, the New Relic Board has determined to seek shareholder approval at its upcoming 2021 annual meeting for the declassification of the Board. If the approval is obtained, the Board wil 