01—Abstract
Summary
Summary of the 8-K filed September 28, 2026. Cited figures are marked; the original filing is the authoritative source.
On September 24, 2026, Chirantan ("CJ") Desai notified MongoDB, Inc. of his intent to resign as President and Chief Executive Officer and as a member of the Board of Directors, effective September 28, 2026.
The filing states that his decision was not due to any disagreement with the Company or any matter relating to its operations, policies or practices. The press release attached as Exhibit 99.1 says Mr. Desai is leaving to pursue a senior role at Meta Platforms, Inc. The Board appointed Dev Ittycheria as Interim President and Chief Executive Officer, effective September 28, 2026, to serve until a successor is duly elected and qualified. Mr. Ittycheria, age 59, previously served as President and CEO from September 2014 to November 2025 and has been a board member since September 2014.
He will remain on the Board. The Board has started a search for a permanent CEO and has retained an executive search firm. The company stated it is reaffirming its guidance for Q3 and full-year fiscal 2027, provided on September 1, 2026.
The company will also host an Investor Day at Nasdaq MarketSite in New York City on September 29, 2026, from 11:00 a.m. to 3:15 p.m. Eastern Time, with the executive team presenting its long-term strategy, market opportunities and product innovation.
02—Key points
Key Highlights
- Chirantan "CJ" Desai resigned as President, CEO and director, effective September 28, 2026, and the filing states the resignation was not due to any disagreement with the Company.
- Dev Ittycheria was appointed Interim President and CEO, effective September 28, 2026, and will continue as a member of the Board.
- Mr. Ittycheria previously led MongoDB as President and CEO from September 2014 to November 2025; the press release says revenue grew from approximately $35 million to more than $2.3 billion annually during his tenure.
- The Board has initiated a search for a permanent CEO and has retained an executive search firm to assist.
- MongoDB reaffirmed its Q3 and full-year fiscal 2027 guidance provided on September 1, 2026.
- The Advisory Agreement between Mr. Ittycheria and the Company, dated October 29, 2025, remains in full force during his service as Interim CEO.
- An Investor Day is scheduled for September 29, 2026, from 11:00 a.m. to 3:15 p.m. ET at Nasdaq MarketSite, with a webcast replay to follow on the investor relations website.
03—Questions
Frequently Asked Questions
Why did Chirantan Desai step down as CEO?
According to the filing, Mr. Desai's decision to resign is not due to any disagreement with the Company or any matter relating to its operations, policies or practices. The press release states he is leaving to pursue a senior role at Meta Platforms, Inc.
Who is leading MongoDB now, and is the role permanent?
Dev Ittycheria serves as Interim President and CEO, effective September 28, 2026, until a successor is duly elected and qualified unless sooner removed. The Board has begun a search for a permanent CEO and has retained an executive search firm.
What is Dev Ittycheria's background with the company?
Mr. Ittycheria, age 59, served as President and CEO from September 2014 to November 2025 and has been a board member since September 2014. He currently serves as a Partner and Senior Advisor at Sequoia Capital, a role he has held since September 2026, and as lead independent director of Datadog, Inc.
Has the company changed its financial outlook following the leadership change?
No. The company stated it remains confident in the outlook for the business and is reaffirming its guidance for Q3 and full-year fiscal 2027 provided on September 1, 2026.
What is happening at the Investor Day on September 29, 2026?
The MongoDB leadership team will present an in-depth look at the company's long-term strategy, market opportunities, and product innovation in developer data platforms and AI. The event runs from 11:00 a.m. to 3:15 p.m. ET at Nasdaq MarketSite, and a webcast replay will be available on the investor relations section of the company's website.
04—Continue