Dev Ittycheria

MongoDB CEO Dev Ittycheria is stepping down after 11 years, replaced by Chirantan “CJ” Desai, previously of Cloudflare, effective November 10th. Ittycheria will remain on the board. The change follows Ittycheria’s decision not to commit to another five-year term. Under Ittycheria, MongoDB IPO’d in 2017 and shifted to cloud subscriptions, achieving significant growth. Desai aims to grow MongoDB to “$5 billion-plus” in revenue. MongoDB anticipates exceeding its Q3 revenue and earnings guidance.