MongoDB CEO Dev Ittycheria exits, replaced by Cloudflare’s CJ Desai
MongoDB CEO Dev Ittycheria at Allen & Co. in Sun Valley, Idaho, on July 9, 2025. He came to the Media and Technology Conference.
David Paul Morris | Bloomberg | Getty Images
Database software manufacturer MongoDB CEO Dev Ittycheria is leaving the top job after 11 years on the job, the company said in a statement on Monday.
Chirantan “CJ” Desai, who spent the past year as head of product and engineering cloud flareMongoDB said it will replace Ittycheria starting November 10. Ittycheria will remain on the company’s board of directors.
“I can tell you that earlier this year, as part of our normal succession planning process, the board asked me about my long-term plans and whether I could continue as CEO for another five years,” Ittycheria told CNBC in an interview. he said. “I thought long and hard about it, talked to my family, talked to the board, and finally realized I couldn’t make that kind of decision.”
Before joining MongoDB, Ittycheria was president of BMC, which acquired his company BladeLogic in 2008 for $854 million. Ittycheria, co-founder and CEO of BladeLogic, took the company public in 2007. He was also an investor in venture companies OpenView and Greylock.
Ittycheria led MongoDB’s IPO in 2017, three years after taking over. The company gained the support of individual software developers thanks to its database architecture that can store various data in documents, challenging the incumbents in the market. Seer.
Under Ittycheria, the company prioritized cloud subscriptions, entered into multi-year agreements and partnered with rival cloud providers Amazon And Microsoft and expanded the software’s capabilities into generative artificial intelligence.
Shares of MongoDB closed Friday at $359.82; This is a fifteenfold increase since the IPO, pushing the company’s market value to almost $30 billion. MongoDB’s net loss july quarter While its revenue increased by 24% to $591 million, it narrowed to $47 million from $54.5 million the previous year.
Cloudflare said filing It was announced Thursday that Desai will leave his position on November 7 to become CEO of “another significant, publicly traded company.” Desai previously served as operations chief. ServiceNow. HE resigned In July 2024, after the software company found a policy violation in the hiring of the U.S. Army’s chief information officer. Desai previously held leadership positions at EMC and Symantec.
“We talked to people close to ServiceNow, as well as others who know CJ really well, and we felt very, very comfortable that CJ is the right person to lead MongoDB in this next era,” Ittycheria said.
Desai, whose first job after college was at Oracle, said he will split his time between New York and the San Francisco area.
MongoDB also said it expects to exceed the upper end of its guidance ranges for revenue and adjusted earnings per share in its fiscal third quarter. The top end of that range was earnings of 79 cents per share and revenue of $592 million.
Desai said he “looks forward to growing MongoDB resiliently, profitably, to over $5 billion in revenue, and most importantly, becoming the gold standard for modern database technology, no matter what type of workloads.” He did not provide a timeline for the revenue target.
Executives will discuss the leadership change in a conference call with analysts at 10 a.m. ET.
WRISTWATCH: MongoDB CEO Dev Ittycheria on Q2 results: We have a huge opportunity ahead of us
