Dev Ittycheria is the CEO of MongoDB, a key player in the technology sector known for its innovative database solutions. He has been leading the company since September 2014, driving its growth and strategic direction. Dev holds a Bachelor’s degree...

Current Market Cap

$21.21B

Number of Employees

5.04K

Total Compensation

2019 - 2023

Trending up by 0.05% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 1.23% last year

Year

2023

Total Compensation

$851.89K

Salary

$400.00K

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with long-term shareholder value, and competitive market practices.

Bonus

$420.00K

Board Justification

The annual performance-based bonus for fiscal year 2024 was determined based on the achievement of corporate performance goals, with a maximum payout of 150% of the target bonus.

Other

$31.89K

Board Justification

Includes expenses related to cybersecurity services and gross-up payment for food vouchers offered to all U.S. based employees.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the focus was on performance-based stock units that are tied to future performance metrics.

Performance Metrics

The performance metrics for determining the bonus included Net New ARR, Non-GAAP Operating Income, and Revenue.

SEC Filing

From May 16, 2024