NJ TECH CORNER: Commvault Systems, Inc.
Photo:  
N. Robert Hammer is Chairman, President and CEO| Commvault Systems Photo Credit: Courtesy Commvault Systems
  N. Robert Hammer is Chairman, President and CEO| Commvault Systems | Courtesy Commvault Systems

Each month NJ Tech Weekly will feature a publicly held tech company and offer our readers a snapshot of who is in control of these companies, their current valuations, and other pertinent information that provides a more informed picture of them. NJ Tech Corner signifies our ongoing commitment to provide high-quality editorial coverage of New Jersey's technology sector that can't be found elsewhere. We'd like to thank Commvault for its cooperation in helping us complete this report. NJ Tech Corner is researched and written by NJ Tech Weekly contributor Marc Weinstein. We hope you enjoy NJ Tech Corner and would welcome any reader feedback.

Company Overview

Commvault Systems, Inc. is a provider of data protection and information management solutions. The company has one of the industry's leading software portfolios in data protection and recovery, cloud, virtualization, archive, file sync and share. Founded in 1996, Commvault is headquartered in Tinton Falls, NJ, and has offices worldwide. The company has licensed its data and information management software to more than 23,000 registered customers. Its primary competitors include EMC, IBM, Veritas and Veeam. Commvault employed 2,379 employees, as of March 31, 2016.

Investment & Financial Information

Shares of common stock outstanding (as of June 24, 2016): 

44,304,959

Share price of stock (as of July 28, 2016)

$51.47

Share price of stock (one year ago)

$34.84

Current valuation (as of July 28, 2016)

$2.28 billion

Valuation one year ago

$1.58 billion

Stock Symbol:

NASDAQ: CLVT

Net Revenues (year ended March 31, 2016):

$595.1 million

Net Revenues previous year

$607.5 million

Net Income (year ended March 31, 2016)

$136,000

Net Income previous year:

$25.65 million

 
 
 

Management Team

Name

Age

Title

N. Robert Hammer

74

Chairman of the Board of Directors, President and CEO

Alan G. Bunte

62

Executive Vice President, COO

Brian Carolan

45

Vice President, CFO

Ron Miiller

49

Senior Vice President of Worldwide Sales                           

 

 

Board of Directors                           

Name

Age

Title

N. Robert Hammer

74

Chairman of theBoard,President and CEO

Alan G. Bunte

62

Executive Vice  President, COO

Joseph F. Eazor

53

President, CEO and Director of EarthLink

Frank J. Fanzilli, Jr.

59

Formerly Managing Director and Global CIO of Credit Suisse First Poston

Armando Geday

54

Formerly President, CEO and Director, GlobespanVirata Inc.

Keith Geeslin

48

Partner, Francisco Partners

Robert F. Kurimsky

77

Formerly Senior Vice President, Technology Solutions Co.

Daniel Pulver

47

Founder and Managing Member, Pulver Capital  Management

 Gary B. Smith

55

President, CEO and Director, Ciena Corporation

David F. Walker

62

Director, Chico's FAS Inc., CoreLogic Inc., formerly  Director, Accounting Program and the Program for Social  Responsibility and CorporateReporting, University of South Florida

Noteworthy Control

Name

Shares of common stock owned

% of total common shares

N. Robert Hammer

3,662,344

8.1%

Alan Bunte

1,427,788

3.2%

RS Investment Management Co.

3,909,138

8.8%

Black Rock Inc.

3,866,8323     

8.7%

The Vanguard Group

2,980,649

6.7%

[All information for NJ Tech Corner was taken from the company's annual report and proxy statement, with the exception of the company's stock price and valuation.] 

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