CommVault Systems (CVLT) has issued an update.
Commvault Systems, Inc. has announced the appointment of Jennifer DiRico as their new Chief Financial Officer (CFO), effective August 12, 2024. Bringing a wealth of experience from her tenure at Toast, Inc., DiRico’s impressive background includes a pivotal role in Toast’s IPO and various senior finance roles. She will receive a competitive compensation package, including a $450,000 annual salary and an equity award valued at $6 million. Alongside this, Gary Merrill will take on the role of Chief Commercial Officer on the same date, with a continued salary of $460,000 and additional performance-based incentives.
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