Commvault Systems, Inc.

NasdaqGS:CVLT Stock Report

Market Cap: US$6.7b

Commvault Systems Management

Management criteria checks 3/4

Commvault Systems' CEO is Sanjay Mirchandani, appointed in Feb 2019, has a tenure of 5.83 years. total yearly compensation is $12.11M, comprised of 5.3% salary and 94.7% bonuses, including company stock and options. directly owns 0.45% of the company’s shares, worth $30.11M. The average tenure of the management team and the board of directors is 2 years and 6.3 years respectively.

Key information

Sanjay Mirchandani

Chief executive officer

US$12.1m

Total compensation

CEO salary percentage5.3%
CEO tenure5.8yrs
CEO ownership0.4%
Management average tenure2yrs
Board average tenure6.3yrs

Recent management updates

It Looks Like Shareholders Would Probably Approve Commvault Systems, Inc.'s (NASDAQ:CVLT) CEO Compensation Package

Aug 01
It Looks Like Shareholders Would Probably Approve Commvault Systems, Inc.'s (NASDAQ:CVLT) CEO Compensation Package

Recent updates

Returns At Commvault Systems (NASDAQ:CVLT) Are On The Way Up

Dec 14
Returns At Commvault Systems (NASDAQ:CVLT) Are On The Way Up

What Commvault Systems, Inc.'s (NASDAQ:CVLT) 26% Share Price Gain Is Not Telling You

Nov 22
What Commvault Systems, Inc.'s (NASDAQ:CVLT) 26% Share Price Gain Is Not Telling You

Commvault: Spurred By Growth But Awaiting Cooler Tech Sector For Better Price

Oct 03

Revenues Not Telling The Story For Commvault Systems, Inc. (NASDAQ:CVLT)

Sep 23
Revenues Not Telling The Story For Commvault Systems, Inc. (NASDAQ:CVLT)

Calculating The Intrinsic Value Of Commvault Systems, Inc. (NASDAQ:CVLT)

Aug 28
Calculating The Intrinsic Value Of Commvault Systems, Inc. (NASDAQ:CVLT)

It Looks Like Shareholders Would Probably Approve Commvault Systems, Inc.'s (NASDAQ:CVLT) CEO Compensation Package

Aug 01
It Looks Like Shareholders Would Probably Approve Commvault Systems, Inc.'s (NASDAQ:CVLT) CEO Compensation Package

Commvault Systems: Leveraging SaaS Growth And Cyber Resilience For Future Market Domination

Jul 15

Unpleasant Surprises Could Be In Store For Commvault Systems, Inc.'s (NASDAQ:CVLT) Shares

May 31
Unpleasant Surprises Could Be In Store For Commvault Systems, Inc.'s (NASDAQ:CVLT) Shares

Commvault Systems, Inc. (NASDAQ:CVLT) Shares Could Be 38% Below Their Intrinsic Value Estimate

Apr 24
Commvault Systems, Inc. (NASDAQ:CVLT) Shares Could Be 38% Below Their Intrinsic Value Estimate

Commvault: Decent Secular Tailwinds, But Appears Fully Valued

Apr 02

Results: Commvault Systems, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Feb 01
Results: Commvault Systems, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Commvault: Low Conversions Are A Concern

Jan 19

Is Commvault Systems, Inc. (NASDAQ:CVLT) Trading At A 37% Discount?

Jan 15
Is Commvault Systems, Inc. (NASDAQ:CVLT) Trading At A 37% Discount?

CEO Compensation Analysis

How has Sanjay Mirchandani's remuneration changed compared to Commvault Systems's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$177m

Jun 30 2024n/an/a

US$175m

Mar 31 2024US$12mUS$645k

US$169m

Dec 31 2023n/an/a

-US$707k

Sep 30 2023n/an/a

-US$18m

Jun 30 2023n/an/a

-US$27m

Mar 31 2023US$11mUS$645k

-US$36m

Dec 31 2022n/an/a

US$16m

Sep 30 2022n/an/a

US$26m

Jun 30 2022n/an/a

US$23m

Mar 31 2022US$11mUS$634k

US$34m

Dec 31 2021n/an/a

US$32m

Sep 30 2021n/an/a

US$24m

Jun 30 2021n/an/a

-US$19m

Mar 31 2021US$8mUS$506k

-US$31m

Dec 31 2020n/an/a

-US$28m

Sep 30 2020n/an/a

-US$31m

Jun 30 2020n/an/a

US$3m

Mar 31 2020US$6mUS$500k

-US$6m

Dec 31 2019n/an/a

-US$17m

Sep 30 2019n/an/a

-US$3m

Jun 30 2019n/an/a

US$5m

Mar 31 2019US$12mUS$77k

US$4m

Compensation vs Market: Sanjay's total compensation ($USD12.11M) is above average for companies of similar size in the US market ($USD7.97M).

Compensation vs Earnings: Sanjay's compensation has been consistent with company performance over the past year.

CEO

Sanjay Mirchandani (60 yo)

5.8yrs

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

NamePositionTenureCompensationOwnership
Sanjay Mirchandani
President5.8yrsUS$12.11m0.45%
$ 30.1m
Gary Merrill
Chief Commercial Officerless than a yearUS$4.34m0.21%
$ 13.9m
Michael Melnyk
Head of Investor Relations5.4yrsno datano data
Danielle Sheer
Chief Legal & Trust Officer and Corporate Secretary2.9yrsno datano data
Anna Griffin
Chief Marketing Officer1.8yrsno datano data
Martha Delehanty
Chief People Officer4.8yrsno datano data
Brian Brockway
CTO & VPless than a yearno datano data
Rajiv Kottomtharayil
VP & Chief Product Officer14.9yrsno datano data
Alan Atkinson
Chief Partner Officer2.3yrsno datano data
Richard Gadd
Senior Vice President of Commvault EMEA & India1.2yrsno datano data
Alex Janas
Field Chief Technology Officer-Security1.2yrsno datano data
Anthony Anzevino
Senior Vice President - Americas Field Organizationless than a yearno datano data

2.0yrs

Average Tenure

53yo

Average Age

Experienced Management: CVLT's management team is considered experienced (2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Sanjay Mirchandani
President5.8yrsUS$12.11m0.45%
$ 30.1m
Keith Geeslin
Independent Director28.6yrsUS$275.70k0.072%
$ 4.8m
Charles Moran
Independent Director6.4yrsUS$276.95k0.025%
$ 1.7m
Martha Bejar
Independent Director6.4yrsUS$278.95k0.0099%
$ 663.5k
Y.Y. Lee
Independent Director6.8yrsUS$279.45k0.027%
$ 1.8m
Nicholas Adamo
Independent Chairman of the Board6.3yrsUS$366.95k0.037%
$ 2.5m
A. Sanders
Independent Director2yrsUS$294.45k0.012%
$ 815.4k
Arlen Shenkman
Independent Director4.5yrsUS$281.45k0.032%
$ 2.2m
Allison Pickens
Independent Director4.5yrsUS$273.20k0.010%
$ 671.6k

6.3yrs

Average Tenure

60.5yo

Average Age

Experienced Board: CVLT's board of directors are considered experienced (6.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 03:17
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

Commvault Systems, Inc. is covered by 38 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jayson NolandBaird
Ishan MajumdarBaptista Research
Joel FishbeinBMO Capital Markets Equity Research