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Commvault Appoints New Independent Director

Commvault, a recognized global leader in backup, recovery, the cloud and data management across any hybrid environment, today announced the appointment of Nicholas Adamo to the Company's Board of Directors (the "Board"), effective August 1, 2018. Mr. Adamo succeeds Mr. Joseph F. Eazor, who has served on the Board since 2015. Mr. Eazor resigned from the Board effective as of July 31, 2018.  Mr. Adamo brings strong experience leading technology businesses, as well as exceptional sales and operations leadership expertise to the Board. With this appointment, the Commvault Board will remain comprised of 11 directors, nine of whom are independent.

"We continue to bring relevant skills and experience to the Commvault Board as we provide guidance and oversight of the company's transformation to position it for its next stage of growth and to drive new value for shareholders," said Gary B. Smith, Chairman of the Nominations and Governance Committee of the Commvault Board. "Nick's experience previously leading Cisco's Americas and service provider businesses add helpful perspectives to our Board, and are relevant to Commvault's move to a partner-led business strategy."

"On behalf of the entire Board, I would like to thank Joe Eazor for his Board service these last few years during a pivotal period for our company," said N. Robert Hammer, Commvault's Chairman, President and CEO. "Joe has provided strong counsel, especially during the initial and critical phase of the Commvault Advance transformation. Joe is an outstanding CEO, and all of us at Commvault value the strong strategic relationship with Rackspace."

"Given the positive strategic moves made by Commvault recently, I regret having to step away from the Board," said Mr. Eazor. "With the Commvault Advance transformation now well underway and already showing positive impacts, I feel comfortable that this moment makes sense to put more of my focus on my CEO role. I look forward to continuing the powerful relationship between Rackspace and Commvault."

Published Tuesday, July 31, 2018 3:57 PM by David Marshall
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