Tech — Software
Commvault Systems Executive Compensation (FY26)
CVLT · Tinton Falls, NJ · Executive and director compensation, fiscal 2022 to 2026
Chief executive, fiscal 2026 ◇ Sanjay Mirchandani | Latest say-on-pay support = August 6, 2026 | Chief executive pay ratio ◇ To the median employee |
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The paid brief on Commvault Systems
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
Data as of October 22, 2026Latest filing (8-K): August 6, 2026
15 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Velarion Member, one year
274 figures on this page: 263 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
More on Commvault Systems
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Sanjay Mirchandani: $18,811,603 → $19,909,500 (5.8% higher)
CEO pay ratio: 283:1 → 175:1 (38.2% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Commvault Systems' chief executive and what were they paid?
Sanjay Mirchandani was paid $19,909,500 in total compensation as President and CEO for fiscal 2026. Mirchandani's total was 5.8% higher than the $18,811,603 reported for fiscal 2025.
What was Commvault Systems' say-on-pay result?
Shareholders recorded 94.3% support for the say-on-pay proposal at the meeting held August 6, 2026 for fiscal 2026.
Which companies are in Commvault Systems' peer group?
The disclosed peer group includes ACI Worldwide, Blackbaud, Box, Confluent and DigitalOcean Holdings, among others.
What is Commvault Systems' chief executive pay ratio?
For fiscal 2026, the company reported a chief executive pay ratio of 175:1, against median employee compensation of $113,527.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Sanjay Mirchandani President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Riccardo Di Blasio Chief Revenue Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Brian Carolan Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Sanjay Mirchandani President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Riccardo Di Blasio Chief Revenue Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Brian Carolan Former Chief Financial Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Gary Merrill Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Sanjay Mirchandani President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Gary Merrill Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Riccardo Di Blasio Former Chief Revenue Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Sanjay Mirchandani President and CEO | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Gary Merrill CCO | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jen DiRico CFO | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2026
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Sanjay Mirchandani President and CEO | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Gary Merrill Chief Commercial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jen DiRico Former Chief Financial Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Danielle Abrahamsen Chief Accounting Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2026
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Danielle Abrahamsen | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Danielle Abrahamsen | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Danielle Abrahamsen | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Danielle Abrahamsen | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Gary Merrill | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Gary Merrill | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Gary Merrill | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jen DiRico | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jen DiRico | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jen DiRico | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Sanjay Mirchandani | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Sanjay Mirchandani | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Sanjay Mirchandani | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
Fiscal 2022, 2023, 2024, 2025 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2026 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Gary Merrill | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Sanjay Mirchandani | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Danielle Abrahamsen | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
Gary Merrill
Chief Commercial Officer · Severance agreement
| Severance multiple | ◇ |
Sanjay Mirchandani
President and CEO · Employment agreement
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2026
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Nicola Adamo Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Shane Sanders | ◇ | ◇ | — | — | — | — | ◇ |
Martha Bejar | ◇ | ◇ | — | — | — | — | ◇ |
Arlen Shenkman | ◇ | ◇ | — | — | — | — | ◇ |
Vivie YY Lee | ◇ | ◇ | — | — | — | — | ◇ |
Keith Geeslin | ◇ | ◇ | — | — | — | — | ◇ |
Chuck Moran | ◇ | ◇ | — | — | — | — | ◇ |
Allison Pickens | ◇ | ◇ | — | — | — | — | ◇ |
William Geoffrey Haydon | ◇ | ◇ | — | — | — | — | ◇ |
Sanjay Mirchandani served on the board in fiscal 2026 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board chair premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
Stock ownership guideline: We currently require our independent directors to acquire an equity ownership interest in Commvault common stock that is equal to five times their base annual cash retainer by the fifth anniversary of the date they first became a director.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
- ACI Worldwide ACIW
- Blackbaud BLKB
- Box BOX
- Confluent CFLT
- DigitalOcean Holdings DOCN
- Dynatrace DT
- Gitlab GTLB
- Informatica INFA
- Nutanix NTNX
- Progress Software PRGS
- Pure Storage P
- Qualys QLYS
- Rapid7 RPD
- Rubrik RBRK
- SentinelOne S
- SolarWinds SWI
- Tenable Holdings TENB
- Varonis Systems VRNS
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2026 | August 6, 2026 | = | ◇ | ◇ | ◇ |
| 2025 | August 7, 2025 | = | ◇ | ◇ | ◇ |
| 2024 | August 8, 2024 | = | ◇ | ◇ | ◇ |
| 2023 | August 29, 2023 | = | ◇ | ◇ | ◇ |
| 2022 | August 24, 2022 | = | ◇ | ◇ | ◇ |
| 2021 | August 19, 2021 | = | ◇ | ◇ | ◇ |
| 2020 | August 27, 2020 | = | ◇ | ◇ | ◇ |
| 2019 | August 22, 2019 | = | ◇ | ◇ | ◇ |
| 2018 | August 23, 2018 | = | ◇ | ◇ | ◇ |
| 2017 | August 24, 2017 | = | ◇ | ◇ | ◇ |
| 2016 | August 18, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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- Sanjay Mirchandani (President and CEO), FY2026 total compensation $19,909,500 (base salary $693,654) [exec_comp, SEC accession 0001169561-26-000018, filed 2026-06-24]What this page does not include
Everything above is a fact Commvault Systems disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Commvault Systems sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
274 figures on this page: 263 cited to the filing that reported them, 11 calculated from figures it prints.
263 cited to the filing
11 calculated from the filing
Documents cited
- 0001169561-26-000027
- 0001169561-26-000018CEO Pay Ratio · DIRECTOR COMPENSATION · Director Compensation · Fiscal 2026 Grants of Plan-Based Awards Table · and 3 more sections
- 0001169561-25-000071
- 0001169561-25-000059Summary Compensation Table
- 0001169561-24-000099
- 0001169561-24-000070Fiscal 2024 Summary Compensation Table
- 0001169561-23-000130
- 0001169561-22-000077Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001169561-23-000099Fiscal 2022 Summary Compensation Table · Fiscal 2023 Summary Compensation Table
- 0001169561-21-000034Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001169561-20-000043
- 0001169561-19-000043Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001169561-18-000045Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001169561-17-000028Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001169561-16-000044Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Commvault Systems executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/CVLT (accessed 2026).
Short form: data: Velarion
The paid brief for Commvault Systems
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
15 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Tech — Software rankings
Peers Commvault Systems discloses
The companies named in CVLT's own disclosed peer group.
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}