MongoDB Management

Management criteria checks 2/4

MongoDB's CEO is Dev Ittycheria, appointed in Sep 2014, has a tenure of 10.17 years. total yearly compensation is $15.26M, comprised of 2.6% salary and 97.4% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth MX$1.10B. The average tenure of the management team and the board of directors is 6.9 years and 7.9 years respectively.

Key information

Dev Ittycheria

Chief executive officer

US$15.3m

Total compensation

CEO salary percentage	2.6%
CEO tenure	10.2yrs
CEO ownership	0.2%
Management average tenure	6.9yrs
Board average tenure	7.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dev Ittycheria's remuneration changed compared to MongoDB's earnings?
Date	Total Compensation	Salary	Company Earnings
Jul 31 2024	n/a	n/a	-US$220m
Apr 30 2024	n/a	n/a	-US$203m
Jan 31 2024	US$15m	US$400k	-US$177m
Oct 31 2023	n/a	n/a	-US$186m
Jul 31 2023	n/a	n/a	-US$241m
Apr 30 2023	n/a	n/a	-US$322m
Jan 31 2023	US$13m	US$400k	-US$345m
Oct 31 2022	n/a	n/a	-US$365m
Jul 31 2022	n/a	n/a	-US$362m
Apr 30 2022	n/a	n/a	-US$320m
Jan 31 2022	US$11m	US$400k	-US$307m
Oct 31 2021	n/a	n/a	-US$298m
Jul 31 2021	n/a	n/a	-US$290m
Apr 30 2021	n/a	n/a	-US$277m
Jan 31 2021	US$9m	US$400k	-US$267m
Oct 31 2020	n/a	n/a	-US$254m
Jul 31 2020	n/a	n/a	-US$223m
Apr 30 2020	n/a	n/a	-US$196m
Jan 31 2020	US$9m	US$400k	-US$176m
Oct 31 2019	n/a	n/a	-US$135m
Jul 31 2019	n/a	n/a	-US$115m
Apr 30 2019	n/a	n/a	-US$106m
Jan 31 2019	US$6m	US$400k	-US$99m
Oct 31 2018	n/a	n/a	-US$91m
Jul 31 2018	n/a	n/a	-US$93m
Apr 30 2018	n/a	n/a	-US$91m
Jan 31 2018	US$595k	US$400k	-US$84m

Compensation vs Market: Dev's total compensation ($USD15.26M) is above average for companies of similar size in the MX market ($USD5.71M).

Compensation vs Earnings: Dev's compensation has increased whilst the company is unprofitable.

CEO

Dev Ittycheria (57 yo)

10.2yrs

Tenure

US$15,257,721

Compensation

Mr. Dev C. Ittycheria is Member of Advisory Board of Relyance Inc. Mr. Ittycheria serves as Director of DataRobot, Inc. since December 2021. He serves as an Operating Advisor of Lightview Capital, LLC. Mr....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Dev Ittycheria	President	10.2yrs	US$15.26m	0.23% MX$ 1.1b
Dwight Merriman	Co-Founder & Director	17.8yrs	US$262.23k	2.35% MX$ 11.2b
Michael Gordon	COO & CFO	9.3yrs	US$7.68m	0.082% MX$ 390.9m
Cedric Pech	Chief Revenue Officer	5.8yrs	US$8.15m	0.043% MX$ 202.7m
Jim Scharf	Chief Technology Officer	1.1yrs	no data	no data
Mindy Lieberman	Chief Information Officer	no data	no data	no data
Andrew Stephens	General Counsel & Corporate Secretary	no data	no data	no data
Peder Ulander	Chief Marketing & Strategy Officer	3.2yrs	no data	no data
Harsha Jalihal	Chief People Officer	4.3yrs	no data	no data
Ronnen Miller	Executive Vice President of Global Technical Services	6.7yrs	no data	no data
Cailin Nelson	Executive Vice President of Cloud Engineering	7.2yrs	no data	no data
Alan Chhabra	Executive Vice President of WW Partners & Public Sector and Asia	7.2yrs	no data	no data

6.9yrs

Average Tenure

54.5yo

Average Age

Experienced Management: MDB *'s management team is seasoned and experienced (6.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Dev Ittycheria	President	10.2yrs	US$15.26m	0.23% MX$ 1.1b
Dwight Merriman	Co-Founder & Director	4.3yrs	US$262.23k	2.35% MX$ 11.2b
Charles Hazard	Independent Director	15.1yrs	US$282.23k	0.093% MX$ 441.8m
Francisco D'Souza	Independent Director	5yrs	US$281.23k	0.0073% MX$ 34.9m
Hope Cochran	Independent Director	7.9yrs	US$287.23k	0.020% MX$ 96.5m
Roelof Botha	Independent Director	10.9yrs	US$272.23k	0.30% MX$ 1.4b
Ann Lewnes	Independent Director	less than a year	US$469.50k	no data
Archana Agrawal	Independent Director	5.3yrs	US$269.73k	0.0032% MX$ 15.3m
Peter Killalea	Independent Chairman of the Board	8.9yrs	US$293.73k	0.068% MX$ 324.2m

7.9yrs

Average Tenure

55yo

Average Age

Experienced Board: MDB *'s board of directors are considered experienced (7.9 years average tenure).

MongoDB Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

President recently sold Mex$15m worth of stock

Independent Director recently sold Mex$41m worth of stock

MongoDB, Inc., Annual General Meeting, Jun 25, 2024

Insufficient new directors

President recently sold Mex$99m worth of stock

Recent updates

MongoDB, Inc. Deepens Relationship with Microsoft Through New Integrations for AI and Data Analytics and Microsoft Azure Arc Support

Insufficient new directors

MongoDB, Inc. Announces General Availability of MongoDB 8.0

Second quarter 2025 earnings released: US$0.74 loss per share (vs US$0.53 loss in 2Q 2024)

Mongodb, Inc. Provides Earnings Guidance for the Third Quarter and Full Fiscal Year 2025

MongoDB, Inc. to Report Q2, 2025 Results on Aug 29, 2024

Now 21% undervalued

New minor risk - Profitability

Levi & Korsinsky, LLP Files A Complaint Against MongoDB, Inc

Now 21% undervalued after recent price drop

President recently sold Mex$15m worth of stock

Independent Director recently sold Mex$41m worth of stock

First quarter 2025 earnings released: US$1.10 loss per share (vs US$0.77 loss in 1Q 2024)

No longer forecast to breakeven

MongoDB, Inc. Provides Earnings Guidance for the Second Quarter and Full Fiscal Year 2025

MongoDB, Inc., Annual General Meeting, Jun 25, 2024

Insufficient new directors

MongoDB, Inc. to Report Q1, 2025 Results on May 30, 2024

MongoDB Announces General Availability of MongoDB Atlas Vector Search Integration with Amazon Bedrock

MongoDB, Inc. Launches New Program for Enterprises to Build Modern Applications with Advanced Generative AI Capabilities

President recently sold Mex$99m worth of stock

Independent Director recently sold Mex$168m worth of stock

Full year 2024 earnings released: US$2.48 loss per share (vs US$5.03 loss in FY 2023)

MongoDB, Inc. Provides Revenue Guidance for the First Quarter and Full Year 2025

Insufficient new directors

MongoDB, Inc. to Report Q4, 2024 Results on Mar 07, 2024

Co-Founder & Director recently sold Mex$16m worth of stock

Insufficient new directors

Third quarter 2024 earnings released: US$0.41 loss per share (vs US$1.23 loss in 3Q 2023)

MongoDB, Inc. Provides Earnings Guidance for the Fourth Quarter and Fiscal Year 2024

Insufficient new directors

MongoDB, Inc. to Report Q3, 2024 Results on Dec 05, 2023

Insufficient new directors

Insufficient new directors

Chief Revenue Officer recently sold Mex$2.2m worth of stock

Mongodb, Inc. Announces Jim Scharf as Chief Technology Officer

Insufficient new directors

New MongoDB, Inc. Announces New Capabilities, Performance Improvements, and a Data-Streaming Integration for Mongodb Atlas Vector Search

MongoDB, Inc. Provides Financial Guidance for the Third Quarter and Full Year Fiscal 2024

MongoDB Announces General Availability of End-To-End Data Encryption Technology

MongoDB, Inc. to Report Q2, 2024 Results on Aug 31, 2023

Insufficient new directors

Chief Revenue Officer recently sold Mex$105m worth of stock

President recently sold Mex$29m worth of stock

MongoDB, Inc. Announces Executive Changes

MongoDB, Inc. Launches Five New Capabilities for MongoDB Atlas to Build New Classes of Applications Across Entire Enterprise Using Single Developer Data Platform

MongoDB, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal 2024

First quarter 2024 earnings released: US$0.77 loss per share (vs US$1.14 loss in 1Q 2023)

Insufficient new directors

MongoDB, Inc. to Report Q1, 2024 Results on Jun 01, 2023

President recently sold Mex$38m worth of stock

Insufficient new directors

Full year 2023 earnings released: US$5.03 loss per share (vs US$4.75 loss in FY 2022)

Insufficient new directors

Insufficient new directors

MongoDB, Inc. to Report Q4, 2023 Results on Mar 08, 2023

Insufficient new directors

President recently sold Mex$17m worth of stock

Insufficient new directors

Third quarter 2023 earnings released: US$1.23 loss per share (vs US$1.23 loss in 3Q 2022)

Insufficient new directors

MongoDB, Inc. Provides Financial Guidance for the Fourth Quarter and Full Year of Fiscal 2023

MongoDB, Inc. to Report Q3, 2023 Results on Dec 06, 2022

Chief Technology Officer recently sold Mex$1.4m worth of stock

Second quarter 2023 earnings released: US$1.74 loss per share (vs US$1.22 loss in 2Q 2022)

MongoDB, Inc. Provides Revenue Guidance for the Third Quarter and Full Year Fiscal 2023

MongoDB, Inc. to Report Q2, 2023 Results on Aug 31, 2022

President recently sold Mex$27m worth of stock

MongoDB Unveils Vision for a Developer Data Platform at MongoDB World 2022