Total Compensation of Top Executives of Commvault in FY23

In a SEC filing (page 42), Commvault Systems, Inc. published the compensation during the FY21, FY22 and FY23 ended March 31 earned by its 4 top executives.

The company announced FY23 global sales at $784.6 million, up 2% Y/Y, with net loss of $35.8 million.

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%*
	2023	$645,000	$10,852,803	1%
Brian Carolan, former 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%
	2023	$108,808	$3,372,674	*17%*
Gary Merrill, CFO**	2023	$408,846	$2,481,757	NA
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%*
	2023	$472,115	$3,858,799	1%

*Mirchandani’ s other annual compensation in FY23 included $6,100 related to his 401(k) plan company matching contributions,$3,584 for financial and estate planning, and $13,266 related to the use of a corporate car.
** Merrill became a named executive officer effective July 1, 2022.