leadership
confidence high
sentiment neutral
materiality 0.60
Commvault appoints Gary Merrill as CFO, Geoff Haydon as President of Customer & Field Ops
COMMVAULT SYSTEMS INC
- Gary Merrill appointed CFO effective April 13, 2026; annual base salary $500,000, target bonus $500,000.
- Geoff Haydon appointed President of Customer & Field Operations; resigns from Board with no disagreement.
- Haydon receives sign-on equity of ~$5.5M and annual grant target of $5M in May 2027 and 2028.
- Merrill receives sign-on equity of ~$1M and ongoing equity target of ~$5M (RSUs, PSUs, TSR PSUs).
- Haydon enters Executive Retention Agreement with 12-month severance including equity acceleration.