MongoDB (MDB) Form 8-K Summary
MongoDB, Inc. announced significant executive changes effective November 9, 2025.
CEO Departure: President and CEO Dev Ittycheria resigned, effective Nov 9, 2025.
- He transitions into a one-year Advisory Agreement ($100k salary) and remains a Director until Nov 9, 2026.
- Certain unvested equity awards vest early (Oct 2, 2026) based on continued advisory service.
New CEO Appointment: Chirantan (“CJ”) Desai appointed President and CEO, effective November 9, 2025.
- Desai was formerly President of Product & Engine