Commvault, a number one supplier of cyber resilience and information safety options for the hybrid cloud, immediately introduced that long-term Commvault govt and present Chief Monetary Officer (CFO), Gary Merrill, will transition to a brand new position, serving as the corporate’s first Chief Business Officer (CCO). On this position, Merrill will lead the corporate’s world gross sales and accomplice groups.
Merrill, an 18-year Commvault veteran, will use his operations, finance, and buyer and accomplice experience to speed up adoption of the Commvault Cloud platform, develop the corporate’s routes to market, and scale its high-growth SaaS engine. This can play a key position in serving to Commvault quickly develop its management in cyber resilience whereas driving even larger worth for patrons and companions.
“When Gary threw his hat within the ring for the CCO position, we instantly knew this was the precise transfer on the proper time. Gary is relentlessly centered on clients, companions, and operational excellence,” stated Sanjay Mirchandani, President and CEO, Commvault. “We’re additionally delighted to have Jen becoming a member of our management staff. She has a confirmed observe document of scaling and main finance and operations groups at excessive development corporations and is an ideal match for Commvault.”
“The expansion that Commvault has seen during the last two years is spectacular. Throughout that point, I’ve labored intently with our gross sales and accomplice management globally to instill shut strategic alignment,” stated Merrill. “I am excited to take these relationships to the following stage as CCO, as we give attention to reaching $1 billion in ARR by FY’26. I additionally sit up for partnering with Jen as we transition into our new roles.”
This transition created a possibility for Commvault to recruit one other dynamic and growth-oriented CFO and the corporate chosen Jennifer (Jen) DiRico for the position. DiRico will assume her new place at Commvault on August 12.
DiRico spent near a decade at Toast, the place she was instrumental in its profitable IPO and in supercharging the corporate’s development. Throughout her tenure on the firm, Toast expanded its buyer base to over 100,000 clients and annual recurring income (ARR) to over $1 billion. She’s going to leverage her huge information and expertise in finance, investor relations, operations, and worldwide markets to advance Commvault’s income development initiatives.