MongoDB CEO Chirantan Desai steps down; Dev Ittycheria returns as interim CEO
MongoDB shook up its top job Monday: President and CEO Chirantan “CJ” Desai stepped down effective immediately to pursue a senior role at Meta Platforms, and the board put former chief Dev Ittycheria back in as interim President and CEO.
In an 8-K and press release, MongoDB said Desai notified the company on September 24 of his intent to resign from his officer and board roles effective September 28. The filing states his decision was not due to any disagreement with the company on operations, policies, or practices. Shares most recently closed Friday at $410.44, down about 2.6% on the day and up roughly 2.7% year to date.
Ittycheria, who led MongoDB as President and CEO from 2014 to 2025 and remains a director, was appointed interim President and CEO on September 26, effective September 28, to serve until a successor is elected. The press release said that during his prior tenure the company scaled from about $35 million to more than $2.3 billion in annual revenue. He will keep his board seat while serving as interim chief.
The board has started a search for a permanent CEO and retained an executive search firm. MongoDB said it remains confident in the business outlook and is reaffirming the third-quarter and full-year fiscal 2027 guidance it provided on September 1, 2026.
The company also flagged an Investor Day at Nasdaq MarketSite on Tuesday, September 29, from 11:00 a.m. to 3:15 p.m. Eastern Time, with a webcast replay planned on its investor relations site.
The 8-K notes that an advisory agreement between Ittycheria and MongoDB dated October 29, 2025, remains in force during his interim service as President and CEO.
By the numbers
- Desai resignation effective: September 28, 2026
- Ittycheria prior CEO tenure cited: 2014–2025
- Guidance reaffirmed: Q3 and FY2027 (as of September 1, 2026)
- Investor Day: September 29, 2026, 11:00 a.m.–3:15 p.m. ET
- MDB Friday close: $410.44 (−2.6% that session; +2.7% YTD)
Sources
- MongoDB, Inc. Form 8-K (Items 5.02, 7.01, 9.01), accepted September 28, 2026 8:30:44 a.m. ET, accession 0001628280-26-063657
- MongoDB, Inc. Form 8-K Exhibit 99.1 press release, September 28, 2026
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.
Continue your research with IDD Pro
Get full access to IDD's market intelligence.