MongoDB names CJ Desai as CEO, Dev Ittycheria retires; Q3 prelim results above high-end guidance

MongoDB, Inc.

CJ Desai (ex-ServiceNow President/COO, ex-Cloudflare President Product/Engineering) becomes CEO effective Nov 10, 2025.
Dev Ittycheria resigns after 11 years as CEO; remains on Board as advisor under an advisory agreement through Nov 2026.
Preliminary Q3 FY26 revenue, non-GAAP operating income, and non-GAAP EPS all expected above the high end of guidance, driven by Atlas strength.
Desai receives $500k base salary, 70% target bonus, $2.5M cash sign-on, $15M in RSUs (2-yr vest), and $17.5M in PSUs.
Formal Q3 FY26 results to be reported on December 1, 2025.

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