TINTON FALLS, N.J.,
Oct. 19, 2015 /PRNewswire/
-- Commvault (NASDAQ: CVLT) today announced that
Joseph F. Eazor, President and Chief
Executive Officer of EarthLink Holdings Corp. (NASDAQ: ELNK), has
been appointed to the Commvault Board of Directors, effective
immediately. With the addition of Mr. Eazor, the Commvault Board
has expanded to 10 members, eight of whom are independent.
Mr. Eazor is a technology and software industry veteran with
substantial strategic planning, sales and operational experience at
some of the most innovative technology companies in the
world. As President and Chief Executive Officer of EarthLink,
a leading managed network, security and cloud solutions provider,
Mr. Eazor has implemented a significant reorganization and
turnaround for the company that included expanded products and
services offerings, new go-to-market strategies, a more disciplined
cost and capital structure, and a strengthened leadership
team. As a result of these and other actions since Mr. Eazor
joined the company, EarthLink has significantly improved its
financial and operating performance and shareholder returns.
His appointment to the Commvault Board follows a search process for
a new independent director begun by the Board's Nominations and
Governance Committee with the assistance of Russell Reynolds.
"We are extremely pleased to welcome Joe to the Commvault
Board," said N. Robert Hammer,
Commvault's Chairman, President and CEO. "Joe brings more
than two decades of software and technology expertise, and a strong
record overseeing complex corporate transformations. We are
confident that Joe's deep experience and broad insights will
contribute to the progress we are making with the transformation
currently underway at Commvault as we work to capitalize on our
company's industry leading technology and strong customer
relationships."
Gary B. Smith, Chairman of the
Nominations and Governance Committee of the Commvault Board of
Directors, said, "As part of our focus on driving value creation,
we determined that it would be appropriate to add an additional
independent director to the Board. Joe brings talent and a
fresh perspective that we believe will contribute to Commvault's
performance and stockholder returns."
Mr. Eazor said, "Commvault is at a sweet spot of customer and
technology trends, and has the innovative technology, expertise and
resources required to meet – and exceed – the accelerating demand
for comprehensive data management solutions. I look forward
to working alongside my fellow directors and Commvault's leadership
team to strengthen and grow the company, serve our customers and
deliver value to Commvault stockholders."
About Joseph F. Eazor
Mr. Eazor has served as President, Chief Executive Officer and a
director of EarthLink since January 2014. Prior to joining
EarthLink, Mr. Eazor worked in a variety of senior executive and
consulting roles. From 2011 until 2013, he was Executive Vice
President and Chief Operating Officer of Global Sales and Customer
Operations at EMC Corporation, a global leader in IT and business
transformation, where he helped drive significant market share
gains and lead storage technology growth in the industry.
From 2010 to 2011, he worked as a Director and Senior Partner at
McKinsey & Company, Inc., where he assisted services and
technology companies on growth strategies, mergers and
acquisitions, and operations improvement.
Beginning in 2003, he held executive level positions at
Electronic Data Systems, including as the Senior Vice President and
General Manager of Asia Pacific,
living in Shanghai, and as
Executive Vice President of Corporate Strategy and Operations where
he led the sale of the company to Hewlett Packard in August
2008. Mr. Eazor went on to serve as Senior Vice President and
General Manager of the more than $20
billion HP Enterprise Services division at Hewlett-Packard,
an information technology corporation, from August 2008 to 2010. Under his
leadership, the Enterprise Services division executed a successful
reorganization - including the disposition of non-core assets -
that improved profit by more than $1
billion and positioned the business to secure record
bookings with large-scale clients.
Earlier in his career, Mr. Eazor served as a partner and board
member of A.T. Kearney, a Managing
Director at Alix Partners, LLC and as President, Chief Executive
Officer and a director of Springbow Solutions, Inc. He
received a Masters of Business Administration from the University of Chicago and a Bachelor of Science
degree in Petroleum Engineering from the Colorado School of Mines.
The complete listing of the Commvault Board of Directors can be
found here.
About Commvault
A singular vision — a belief in a better way to address current
and future data management needs — guides Commvault in the
development of Singular Information
Management® solutions for high-performance data
protection, universal availability and simplified management of
data on complex storage networks. Commvault's exclusive
single-platform architecture gives companies unprecedented control
over data growth, costs and risk. Commvault's software suite
of products was designed to work together seamlessly from the
ground up, sharing a single code and common function set, to
deliver superlative Data Protection, Archive, Replication, Search
and Resource Management capabilities. More companies every day join
those who have discovered the unparalleled efficiency, performance,
reliability, and control only Commvault can offer. Information
about Commvault is available at http://www.commvault.com.
Commvault's corporate headquarters is located in Tinton Falls, New Jersey in the United States.
Resources
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Integrated Appliances
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Safe Harbor Statement: Customers' results may differ
materially from those stated herein; Commvault does not guarantee
that all customers can achieve benefits similar to those stated
above. This press release may contain forward-looking statements,
including statements regarding financial projections, which are
subject to risks and uncertainties, such as competitive factors,
difficulties and delays inherent in the development, manufacturing,
marketing and sale of software products and related services,
general economic conditions and others. Statements regarding
Commvault's beliefs, plans, expectations or intentions regarding
the future are forward-looking statements, within the meaning of
Section 27A of the Securities Act of 1933, as amended and Section
21E of the Securities Exchange Act of 1934, as amended. All such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Actual results may differ materially from anticipated results.
Commvault does not undertake to update its forward-looking
statements. The development and timing of any product release as
well as any of its features or functionality remain at our sole
discretion.
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