CommVault Systems CEO Sanjay Mirchandani's 2020 pay falls 49% to $6.1M
CommVault Systems reports 2020 executive compensation
By ExecPay News
Published: July 7, 2020
CommVault Systems reported fiscal year 2020 executive compensation information on July 7, 2020.
In 2020, three executives at CommVault Systems received on average a compensation package of $3.6M, a 55% decrease compared to previous year.
Average pay of disclosed executives at CommVault Systems
Sanjay Mirchandani, Chief Executive Officer, received $6.1M in total, which decreased by 49% compared to 2019. 82% of Mirchandani's compensation, or $5M, was in stock awards. Mirchandani also received $250K in bonus, $500K in salary, as well as $348K in other compensation.
For fiscal year 2020, the median employee pay was $133,306 at CommVault Systems. Therefore, the ratio of Sanjay Mirchandani's pay to the median employee pay was 46 to one.
Brian Carolan, Chief Financial Officer, received a compensation package of $2.6M, which increased by 3% compared to previous year. 78% of the compensation package, or $2M, was in stock awards.
Riccardo Di Blasio, Vice President and Chief Revenue Officer, earned $2.2M in 2020.
CommVault Systems' fiscal year ends on March 31.
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Source: SEC filing on July 7, 2020.