Merrill and DiRico will work hand-in-hand to
accelerate Commvault's next wave of growth
TINTON
FALLS, N.J., July 8, 2024
/PRNewswire/ -- Commvault, a leading provider of cyber resilience
and data protection solutions for the hybrid cloud, today announced
that long-term Commvault executive and current Chief Financial
Officer (CFO), Gary Merrill, will
transition to a new role, serving as the company's first Chief
Commercial Officer (CCO). In this role, Merrill will lead the
company's global sales and partner teams.
This transition created an opportunity for Commvault to
recruit another dynamic and growth-oriented CFO and the company
selected Jennifer (Jen) DiRico for
the role. DiRico will assume her new position at Commvault on
August 12.
DiRico spent close to a decade at Toast, where she was
instrumental in its successful IPO and in supercharging the
company's growth. During her tenure at the company, Toast expanded
its customer base to over 100,000 customers and annual recurring
revenue (ARR) to over $1 billion. She
will leverage her vast knowledge and experience in finance,
investor relations, operations, and international markets to
advance Commvault's revenue growth initiatives.
Merrill, an 18-year Commvault veteran, will use his
operations, finance, and customer and partner expertise to
accelerate adoption of the Commvault Cloud platform, expand the
company's routes to market, and scale its high-growth SaaS engine.
This will play a key role in helping Commvault rapidly expand its
leadership in cyber resilience while driving even greater value for
customers and partners.
"When Gary threw his hat in the ring for the CCO role, we
immediately knew this was the right move at the right time. Gary is
relentlessly focused on customers, partners, and operational
excellence," said Sanjay
Mirchandani, President and CEO, Commvault. "We're also
delighted to have Jen joining our leadership team. She has a proven
track record of scaling and leading finance and operations teams at
high growth companies and is a perfect fit for Commvault."
"The growth that Commvault has seen over the last two years is
impressive. During that time, I've worked closely with our sales
and partner leadership globally to instill close strategic
alignment," said Merrill. "I'm excited to take those relationships
to the next level as CCO, as we focus on reaching $1 billion in ARR by FY'26. I also look forward
to partnering with Jen as we transition into our new roles."
"I'm thrilled to join Commvault at such a pivotal time,"
said DiRico. "Commvault's highly successful transition to a
subscription and SaaS model is world-class. I look forward to
expediting Commvault's profitable growth as the company leads the
charge in cyber resilience. I'm also excited to work closely with
employees around the globe, including the company's talented
leadership team."
About Commvault
Commvault (NASDAQ: CVLT) is the
gold standard in cyber resilience, helping more than 100,000
organizations keep data safe and businesses resilient and moving
forward. Today, Commvault offers the only cyber resilience platform
that combines the best data security and rapid recovery at
enterprise scale across any workload, anywhere—at the lowest
TCO.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/commvault-names-company-veteran-gary-merrill-as-chief-commercial-officer-and-appoints-toast-executive-jennifer-dirico-as-chief-financial-officer-302190360.html
SOURCE COMMVAULT