MongoDB appoints Dev Ittycheria as interim CEO; stock price falls 15% in pre-market trading

The database company MongoDB has announced that its President and CEO, Chirantan "CJ" Desai, has resigned from his position, effective immediately, to join Meta Platforms as a senior executive. The company's board of directors has reappointed Dev Ittycheria as interim President and CEO. He previously served in both roles from 2014 to 2025. The board has now initiated the process of searching for Desai’s permanent successor. Board Chairman Tom Killalea stated: "MongoDB's business is robust, and Dev Ittycheria is the best candidate to serve as interim President and CEO. He is deeply familiar with the company and has been actively involved as an executive board member over the past year. He will take over immediately to ensure a smooth transition." Affected by the news, MongoDB shares fell 15% in premarket U.S. trading.