MongoDB Management
Management criteria checks 3/4
MongoDB's CEO is Dev Ittycheria, appointed in Sep 2014, has a tenure of 9.58 years. total yearly compensation is $13.23M, comprised of 3% salary and 97% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth $60.10M. The average tenure of the management team and the board of directors is 6.3 years and 7.4 years respectively.
Key information
Dev Ittycheria
Chief executive officer
US$13.2m
Total compensation
| CEO salary percentage | 3.0% |
| CEO tenure | 9.6yrs |
| CEO ownership | 0.2% |
| Management average tenure | 6.3yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
MongoDB: Ongoing Demand Headwinds
Apr 05MongoDB, Inc.'s (NASDAQ:MDB) Popularity With Investors Is Clear
Mar 29
MongoDB: Growth And Margins Expected To Compress In FY25
Mar 24Health Check: How Prudently Does MongoDB (NASDAQ:MDB) Use Debt?
Feb 26MongoDB's Growth Ambitions: Aiming For 28% CAGR This Fiscal Year
Feb 22Is MongoDB, Inc. (NASDAQ:MDB) Potentially Undervalued?
Feb 08MongoDB: The Best Way To Capitalize On AI
Jan 30MongoDB: Add It To Your Watchlist
Jan 15What You Can Learn From MongoDB, Inc.'s (NASDAQ:MDB) P/S
Dec 28Is MongoDB (NASDAQ:MDB) Weighed On By Its Debt Load?
Nov 26Health Check: How Prudently Does MongoDB (NASDAQ:MDB) Use Debt?
Aug 06MongoDB (NASDAQ:MDB) Has Debt But No Earnings; Should You Worry?
Apr 03Does MongoDB (NASDAQ:MDB) Have A Healthy Balance Sheet?
Nov 17At US$191, Is MongoDB, Inc. (NASDAQ:MDB) Worth Looking At Closely?
Oct 27MongoDB: Undervalued And Growing Rapidly
Oct 16MongoDB: The Makings Of A Bounce
Oct 04Estimating The Fair Value Of MongoDB, Inc. (NASDAQ:MDB)
Sep 21MongoDB: We're Approaching A Buy Point, But Don't Rush In
Sep 15MongoDB FQ2 2023 results beat estimates, co raises FY 2023 revenue guidance
Aug 31MongoDB's Current Price Is A Risky Proposition
Aug 10MongoDB gets a boost as Baird sets new outperform rating
Jul 13Is Now An Opportune Moment To Examine MongoDB, Inc. (NASDAQ:MDB)?
Jul 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 31 2024 | n/a | n/a | -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$84m |
Compensation vs Market: Dev's total compensation ($USD13.23M) is about average for companies of similar size in the US market ($USD13.52M).
Compensation vs Earnings: Dev's compensation has increased whilst the company is unprofitable.
CEO
Dev Ittycheria (56 yo)
9.6yrs
Tenure
US$13,229,190
Compensation
Mr. Dev C. Ittycheria serves as Director of DataRobot, Inc. since December 2021. He serves as an Operating Advisor of Lightview Capital, LLC. Mr. Ittycheria serves as Director of Airbyte, Inc. (formerly kn...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.6yrs | US$13.23m | 0.23% $ 60.1m | |
| Co-Founder & Director | 17.3yrs | US$249.06k | 2.43% $ 649.5m | |
| COO & CFO | 8.8yrs | US$6.73m | 0.080% $ 21.2m | |
| Chief Revenue Officer | 5.2yrs | US$7.68m | 0.049% $ 13.2m | |
| Chief Technology Officer | less than a year | no data | no data | |
| Chief Information Officer | no data | no data | no data | |
| General Counsel & Corporate Secretary | no data | no data | no data | |
| Chief Marketing & Strategy Officer | 2.6yrs | no data | no data | |
| Chief People Officer | 3.7yrs | no data | no data | |
| Executive Vice President of Global Technical Services | 6.1yrs | no data | no data | |
| Executive Vice President of Cloud Engineering | 6.6yrs | no data | no data | |
| Executive Vice President of WW Partners & Public Sector and Asia | 6.6yrs | no data | no data |
6.3yrs
Average Tenure
53.5yo
Average Age
Experienced Management: MDB's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.6yrs | US$13.23m | 0.23% $ 60.1m | |
| Co-Founder & Director | 3.8yrs | US$249.06k | 2.43% $ 649.5m | |
| Independent Director | 14.5yrs | US$269.06k | 0.093% $ 24.8m | |
| Independent Director | 7.5yrs | US$256.56k | 0.060% $ 15.9m | |
| Independent Director | 4.4yrs | US$268.06k | 0.0063% $ 1.7m | |
| Independent Director | 7.3yrs | US$274.06k | 0.015% $ 3.9m | |
| Independent Director | 10.3yrs | US$259.06k | 0.30% $ 79.7m | |
| Director | less than a year | no data | no data | |
| Independent Director | 4.7yrs | US$256.56k | 0.0029% $ 763.0k | |
| Independent Chairman of the Board | 8.3yrs | US$280.56k | 0.068% $ 18.2m |
7.4yrs
Average Tenure
54.5yo
Average Age
Experienced Board: MDB's board of directors are considered experienced (7.4 years average tenure).