Commvault Systems Management
Management criteria checks 3/4
Commvault Systems' CEO is Sanjay Mirchandani, appointed in Feb 2019, has a tenure of 5.25 years. total yearly compensation is $10.85M, comprised of 5.9% salary and 94.1% bonuses, including company stock and options. directly owns 0.29% of the company’s shares, worth €12.33M. The average tenure of the management team and the board of directors is 4.2 years and 5.8 years respectively.
Key information
Sanjay Mirchandani
Chief executive officer
US$10.9m
Total compensation
| CEO salary percentage | 5.9% |
| CEO tenure | 5.3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.2yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$169m |
| Dec 31 2023 | n/a | n/a | -US$707k |
| Sep 30 2023 | n/a | n/a | -US$18m |
| Jun 30 2023 | n/a | n/a | -US$27m |
| Mar 31 2023 | US$11m | US$645k | -US$36m |
| Dec 31 2022 | n/a | n/a | US$16m |
| Sep 30 2022 | n/a | n/a | US$26m |
| Jun 30 2022 | n/a | n/a | US$23m |
| Mar 31 2022 | US$11m | US$634k | US$34m |
| Dec 31 2021 | n/a | n/a | US$32m |
| Sep 30 2021 | n/a | n/a | US$24m |
| Jun 30 2021 | n/a | n/a | -US$19m |
| Mar 31 2021 | US$8m | US$506k | -US$31m |
| Dec 31 2020 | n/a | n/a | -US$28m |
| Sep 30 2020 | n/a | n/a | -US$31m |
| Jun 30 2020 | n/a | n/a | US$3m |
| Mar 31 2020 | US$6m | US$500k | -US$6m |
| Dec 31 2019 | n/a | n/a | -US$17m |
| Sep 30 2019 | n/a | n/a | -US$3m |
| Jun 30 2019 | n/a | n/a | US$5m |
| Mar 31 2019 | US$12m | US$77k | US$4m |
Compensation vs Market: Sanjay's total compensation ($USD10.85M) is above average for companies of similar size in the German market ($USD2.58M).
Compensation vs Earnings: Sanjay's compensation has been consistent with company performance over the past year.
CEO
Sanjay Mirchandani (59 yo)
5.3yrs
Tenure
US$10,852,803
Compensation
Mr. Sanjay Mirchandani serves as President and Chief Executive Officer and Director at Commvault Systems, Inc. since February 5, 2019. He is Independent Director of Itron, Inc. since July 18, 2023. He serv...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.3yrs | US$10.85m | 0.29% $ 12.3m | |
| Chief Financial Officer | 1.8yrs | US$2.48m | 0.20% $ 8.7m | |
| CTO & VP | 9.2yrs | no data | no data | |
| Director of Investor Relations | 4.8yrs | no data | no data | |
| VP, Chief Legal & Compliance Officer and Corporate Secretary | 2.3yrs | no data | no data | |
| Chief Marketing Officer | 1.3yrs | no data | no data | |
| Chief People Officer | 4.2yrs | no data | no data | |
| VP & Chief Product Officer | 14.3yrs | no data | no data | |
| VP of ASEAN & Chief of Staff - APAC | 5yrs | no data | no data | |
| Chief Partner Officer | 1.7yrs | no data | no data | |
| Chief Strategy Officer | no data | no data | no data | |
| Senior Vice President of Commvault EMEA & India | less than a year | no data | no data |
4.2yrs
Average Tenure
51yo
Average Age
Experienced Management: D6I's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.3yrs | US$10.85m | 0.29% $ 12.3m | |
| Independent Director | 28yrs | US$276.94k | 0.12% $ 5.1m | |
| Independent Director | 5.8yrs | US$276.94k | 0.043% $ 1.8m | |
| Independent Director | 5.8yrs | US$268.94k | 0.016% $ 698.5k | |
| Independent Director | 6.3yrs | US$271.94k | 0.030% $ 1.3m | |
| Independent Chairman of the Board | 5.8yrs | US$370.69k | 0.036% $ 1.5m | |
| Independent Director | 1.4yrs | US$161.60k | 0.0050% $ 210.7k | |
| Independent Director | 3.9yrs | US$283.94k | 0.025% $ 1.1m | |
| Independent Director | 3.9yrs | US$261.94k | 0.0093% $ 396.0k |
5.8yrs
Average Tenure
59yo
Average Age
Experienced Board: D6I's board of directors are considered experienced (5.8 years average tenure).