Total Compensations of Main Executives of Commvault
$18 milion for former CEO and COB Bob Hammer in 2019, tripling from 2018
By Jean Jacques Maleval | July 5, 2019 at 2:31 pmIn a SEC filing (page 32), Commvault Systems, Inc. published the following table summarizing the compensation during the FY17, FY18 and FY19 earned by both individuals who served as principal executive officer and its principal financial officer.
Name and Position |
Year |
Salary | Total Compensation | Y/Y Growth |
N. Robert Hammer, former COB, president and CEO | 2017 | $619,000 | $7,333,692 | NA |
2018 | $628,000 | $6,234,464 | +15% | |
2019 | $628,000 | $18,364,549 | 295% |
|
Sanjay Mirchandani, president and CEO* | 2019 | $76,923 | $11,918,017 | NA |
Alan G. Bunte, EVP and COO | 2017 | $533,000 | $3,730,779 | NA |
2018 | $541,000 | $3,530,562 | -4% | |
2019 | $541,000 | $4,872,329 |
38% |
|
Ron Miiller, former SVP WW sales | 2017 | $365,450 | $2,217,188 |
NA |
2018 | $371,000 | $2,216,985 |
-0% |
|
2019 | $371,000 | $2,940,808 |
33% |
|
Brian Carolan, VP and CFO | 2017 | $391,000 | $2,287,691 | NA |
2018 | $397,000 | $2,457,140 | 7% | |
2019 | $397,000 | $2,527,103 | 3% |
* Mirchandani’s other annual compensation in FY19 included a monthly housing and travel allowance of $15,000 per month for 2 months and a relocation reimbursement and a one-time, lump sum set-up and transition reimbursement of approximately $136,000. It also includes $1,154 related to his 401(k) plan company matching contributions.
Read also:
Commvault: Fiscal 4Q19 Financial Results
Sales down 2% Q/Q, back to loss in most recent quarter [with our comments]
May 3, 2019 | Press Release
Commvault: Fiscal 4Q18 Financial Results
Revenue up 8% for FY18 with heavy loss, CEO to quit [with our comments]
May 2, 2018 | Press Release
Commvault: Fiscal 4Q17 Financial Results
First profitable quarter for fiscal year [with our comments]
May 5, 2017 | Press Release