Total Compensation of Top Executives of Commvault in FY22
$10,760,212 for president and CEO Mirchandani,+34% from FY21
By Jean Jacques Maleval | July 18, 2022 at 2:02 pmIn a SEC filing (page 41), Commvault Systems, Inc. published the compensation during the FY19, FY20, FY21 and FY22 ended March 31 earned by its 3 top executives.
The company announced historical record for FY22 sales and net income, explaining the increase of total compensation for all of them, even id it’s a small one for CFO.
Name, Position | Fiscal Year |
Salary | Total Compensation | Annual Growth |
Sanjay Mirchandani, President and CEO | 2019 | $76,923 * | $11,918,017 | NA |
2020 | $500,000 * | $6,097,515 | -49% | |
2021 | $505,769 | $8,004,986 |
31% |
|
2022 | $634,038 | $10,760,212* |
34% |
|
Brian Carolan, CFO | 2017 | $391,000 | $2,287,691 | NA |
2018 | $397,000 | $2,457,140 | 7% | |
2019 | $397,000 | $2,527,103 | 3% |
|
2020 | $397,000 | $2,591,814 | 3% | |
2021 | $384,123 | $2,862,907 |
10% | |
2022 | $410,000 | $2,881,776 |
1% |
|
Riccardo Di Blasio, CRO |
2020 | $380,385 | $2,176,259 | NA |
2021 | $416,654 | $2,530,594 |
16% | |
2022 | $449,423 | $3,803,803 |
50% |
* Mirchandani’ s other annual compensation in FY22 included a monthly housing and travel allowance of $15,000 per month for 3 months for a total of $45,000, relocation reimbursement of $6,745, and $8,823 related to his 401(k) plan company matching contributions.