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Total Compensation of Top Executives of Commvault in FY22

$10,760,212 for president and CEO Mirchandani,+34% from FY21

In 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.
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