Leadership & Pay ·
Quantum appoints James C. Clancy as COO with $400,000 base salary and equity grants
QMCOQuantum Corp
Quantum Corporation appointed James C. Clancy as Chief Operating Officer effective September 28, 2026. In connection with this appointment, Mr. Clancy resigned from the Board of Directors and its Audit Committee and Corporate Governance and Nominating Committee. His compensation package includes an annual base salary of $400,000, a target bonus equal to 60% of his base salary, a grant of 150,000 restricted stock units vesting over three years, and options for 400,000 shares vesting monthly over four years. He also entered into standard change of control and indemnification agreements. Quantum Corporation operates in the data storage and management industry.