Business Context and Reporting Period
This Form 8-K filing by Commvault Systems, Inc. covers the reporting period ending April 30, 2019, with the earliest event reported on April 29, 2019. The filing addresses corporate governance changes specifically regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and contains no financial performance data.
Material Changes
The primary material change reported is the departure of N. Robert Hammer from the Board of Directors. Mr. Hammer resigned from the Board effective April 29, 2019. This action follows his earlier resignation as Chairman of the Board on April 18, 2019, and the conclusion of his transitionary role on March 31, 2019, which was designed to assist in the leadership transition to Mr. Mirchandani.
Guidance, Outlook, and Risks
The filing does not contain financial guidance, outlook, management commentary on operations, or specific risk factors. Regarding contingencies and unusual items, the company noted that no new members have been appointed to the Board to fill Mr. Hammer's position at the time of this filing.
Key Facts for Investor Verification
- N. Robert Hammer resigned from the Commvault Board of Directors effective April 29, 2019.
- Mr. Hammer previously resigned as Chairman on April 18, 2019.
- His transitionary role concluded on March 31, 2019.
- No replacement director has been appointed to fill the vacancy as of the filing date.
- This filing contains no financial results or operational metrics.