Commvault Systems (CVLT) executive compensation, 2026 proxy

Sanjay Mirchandani, Chief Executive Officer, was paid $19.9M in fiscal 2026. The CEO-to-median-employee pay ratio was 175:1, on median employee pay of $113,527.

Filed
June 24, 2026
Annual meeting
August 6, 2026
Pay year
fiscal 2026
Named executives
4
CEO total pay
$19.9Mfiscal 2026
CEO to median employee
175:1median $113,527
Prior say-on-pay support
96%of votes cast
Total revenue
$1.184BFiscal 2026 revenue grew 19%
Annual recurring revenue
$1.122BExceeded $1 billion target early
CEO compensation
$19.91MFiscal 2026 annual total compensation
CEO performance factor
127%Sanjay Mirchandani
Merrill performance factor
135.5%Company performance factor

How Mirchandani was paid

$19.9M in total for fiscal 2026, 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

ExecutiveTotal
Sanjay MirchandaniChief Executive Officer$19,909,500
Jen DiRicoChief Financial Officer—
Danielle AbrahamsenPrincipal Financial and Accounting Officer—
Gary MerrillChief Commercial Officer—

What changed and why

  • $19.9M$19,909,500 was the CEO’s fiscal 2026 annual total compensation.
  • 175:1 was the fiscal 2026 CEO-to-median-employee pay ratio.
  • 127%127% was the company performance factor for Mr. Mirchandani and Ms. Abrahamsen.
  • 135.5%135.5% was the company performance factor for Mr. Merrill.
  • 60%60% of Messrs.
  • Mirchandani’s and Merrill’s target equity incentive value was performance-based.
  • 50%50% of Ms. Abrahamsen’s target equity incentive value was performance-based.

Other Commvault Systems proxy statements

  • 2025 proxy statement

    Sanjay Mirchandani paid $18.8M (+55% on the year), pay ratio 283:1.

    Filed Jun 25, 2025

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.