Commvault Systems Management
Management criteria checks 3/4
Commvault Systems' CEO is Sanjay Mirchandani, appointed in Feb 2019, has a tenure of 6.17 years. total yearly compensation is $12.11M, comprised of 5.3% salary and 94.7% bonuses, including company stock and options. directly owns 0.42% of the company’s shares, worth $27.96M. The average tenure of the management team and the board of directors is 2.4 years and 6.7 years respectively.
Key information
Sanjay Mirchandani
Chief executive officer
US$12.1m
Total compensation
| CEO salary percentage | 5.3% |
| CEO tenure | 6.2yrs |
| CEO ownership | 0.4% |
| Management average tenure | 2.4yrs |
| Board average tenure | 6.7yrs |
Recent management updates
Recent updates
Investors Will Want Commvault Systems' (NASDAQ:CVLT) Growth In ROCE To Persist
Apr 02
There's Reason For Concern Over Commvault Systems, Inc.'s (NASDAQ:CVLT) Price
Mar 12Commvault Systems: Up Against Tough Competition
Jan 15A Look At The Intrinsic Value Of Commvault Systems, Inc. (NASDAQ:CVLT)
Jan 04Returns At Commvault Systems (NASDAQ:CVLT) Are On The Way Up
Dec 14What Commvault Systems, Inc.'s (NASDAQ:CVLT) 26% Share Price Gain Is Not Telling You
Nov 22Commvault: Spurred By Growth But Awaiting Cooler Tech Sector For Better Price
Oct 03Revenues Not Telling The Story For Commvault Systems, Inc. (NASDAQ:CVLT)
Sep 23Calculating The Intrinsic Value Of Commvault Systems, Inc. (NASDAQ:CVLT)
Aug 28
Cyber Resilience Strategy Risks Oversaturation And Marginal Growth Amid Aggressive Competitors
Aug 28 Commvault Systems' growth may be hindered by an overly saturated cyber resilience market and the challenge of differentiating from competitors' superior offerings.It Looks Like Shareholders Would Probably Approve Commvault Systems, Inc.'s (NASDAQ:CVLT) CEO Compensation Package
Aug 01Commvault Systems: Leveraging SaaS Growth And Cyber Resilience For Future Market Domination
Jul 15Unpleasant Surprises Could Be In Store For Commvault Systems, Inc.'s (NASDAQ:CVLT) Shares
May 31Commvault Systems, Inc. (NASDAQ:CVLT) Shares Could Be 38% Below Their Intrinsic Value Estimate
Apr 24Commvault: Decent Secular Tailwinds, But Appears Fully Valued
Apr 02Commvault: Low Conversions Are A Concern
Jan 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$171m |
| Sep 30 2024 | n/a | n/a | US$177m |
| Jun 30 2024 | n/a | n/a | US$175m |
| Mar 31 2024 | US$12m | US$645k | 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$4m |
Compensation vs Market: Sanjay's total compensation ($USD12.11M) is above average for companies of similar size in the US market ($USD8.49M).
Compensation vs Earnings: Sanjay's compensation has been consistent with company performance over the past year.
CEO
Sanjay Mirchandani (60 yo)
6.2yrs
Tenure
US$12,107,760
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 | 6.2yrs | US$12.11m | 0.42% $ 28.0m | |
| Chief Commercial Officer | less than a year | US$4.34m | 0.20% $ 13.1m | |
| Chief Information Officer | less than a year | no data | no data | |
| Head of Investor Relations | 5.8yrs | no data | no data | |
| Chief Legal & Trust Officer and Corporate Secretary | 3.3yrs | no data | no data | |
| Chief Marketing Officer | 2.2yrs | no data | no data | |
| Chief People Officer | 5.1yrs | no data | no data | |
| CTO & VP | less than a year | no data | no data | |
| VP & Chief Product Officer | 15.3yrs | no data | no data | |
| Chief Partner Officer | 2.6yrs | no data | no data | |
| Senior Vice President of Commvault EMEA & India | 1.5yrs | no data | no data | |
| Field Chief Technology Officer-Security | 1.5yrs | no data | no data |
2.4yrs
Average Tenure
53yo
Average Age
Experienced Management: CVLT's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.2yrs | US$12.11m | 0.42% $ 28.0m | |
| Independent Director | 28.9yrs | US$275.70k | 0.072% $ 4.8m | |
| Independent Director | 6.8yrs | US$276.95k | 0.025% $ 1.7m | |
| Independent Director | 6.8yrs | US$278.95k | 0.0098% $ 653.4k | |
| Independent Director | 7.2yrs | US$279.45k | 0.027% $ 1.8m | |
| Independent Chairman of the Board | 6.7yrs | US$366.95k | 0.037% $ 2.4m | |
| Independent Director | 2.3yrs | US$294.45k | 0.012% $ 803.3k | |
| Independent Director | 4.8yrs | US$281.45k | 0.032% $ 2.1m | |
| Independent Director | 4.8yrs | US$273.20k | 0.0071% $ 474.9k |
6.7yrs
Average Tenure
60yo
Average Age
Experienced Board: CVLT's board of directors are considered experienced (6.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/11 23:10 |
| End of Day Share Price | 2025/04/11 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Commvault Systems, Inc. is covered by 39 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jayson Noland | Baird |
| Ishan Majumdar | Baptista Research |
| Joel Fishbein | BMO Capital Markets Equity Research |