Four challenges for Commvault's new CEO

Nima Green
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Four challenges for Commvault's new CEO

Bob Hammer is on his way out after 20 years at the storage vendor. His replacement Sanjay Mirchandani has just been announced

After two decades in charge, Commvault's Bob Hammer is making way for former Puppet chief Sanjay Mirchandani as the back-up and recovery vendor's new CEO. Hammer will become chairman emeritus with Nick Adamo taking over as chairman of the board in April. His departure from both roles was precipitated by several years of disappointing profit margins for Commvault, which caused its activist shareholder Elliot Management to agitate for "an overhaul". With the weight of a 10.3 per cent stake,...

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