How Mirchandani was paid
$18.8M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Sanjay MirchandaniPresident and CEO | $645,000 | $16,522,465 | $1,612,500 | $31,638 | $18,811,603 |
| Jen DiRicoCFO | $286,027 | $6,148,630 | $398,790 | $692 | $6,834,139 |
| Gary MerrillCCO | $460,000 | $5,947,829 | $851,000 | $22,924 | $7,281,753 |
What changed and why
- 18,811,603 was CEO total compensation, up from 12,107,760 in fiscal 2024.
- 200%200% of target: NEOs earned annual incentives based on revenue and non-GAAP EBIT goals.
- 60%60% of target equity grant value was performance-based equity, including one-, two-, and three-year PSU goals.
- 13,084 RSUs were granted to DiRico as a one-time sign-on bonus, fully vesting after one year.
- 97%97% of votes cast supported executive compensation at the 2024 say-on-pay vote.
- 283:1 CEO-to-median employee pay ratio used median compensation of 66,382.
Other Commvault Systems proxy statements
- 2026 proxy statement
Sanjay Mirchandani paid $19.9M, pay ratio 175:1.
Filed Jun 24, 2026
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.