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Data management firm Commvault announced May 3 that Chief of Business Operations Gary Merrill will succeed Chief Financial Officer Brian Carolan, who is resigning from his position as CFO, effective July 1. The two will work together on the transition.

“Gary’s appointment as our new CFO reflects the deep bench of talent at Commvault,” Sanjay Mirchandani, Commvault president and CEO, said in a statement. “He has held several senior roles at Commvault including chief accounting officer and most recently, as chief of business operations, Gary has been leading our transformation initiatives to build a modernized business platform.”

Merrill added, “The innovations and improvements we made over the past few years have paved the way for future subscription and SaaS growth. I am excited to leverage my experience in this new role.”

Carolan joined the Tinton Falls-based company in 2001 and has helped Commvault navigate its public offering and expand its global presence and growth strategies, the company said in the statement. In 2020, Commvault was named a NJBIZ Business of the Year and Best Places to Work in NJ honoree.

Carolan added, “I am so proud of what we have accomplished together throughout my 21 years at Commvault. It gives me great pleasure to hand the CFO reins to Gary and I have great confidence in his ability to lead the team.”