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...

Number of Employees

5.04K

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

Dev Ittycheria

Founder and CEO of MongoDB

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Education

Bachelor's degree in Computer Science from a reputed university

Field of Expertise

Technology & Engineering - Technology

Born

January 1, 1970 - 55 years ago

Is Founder?

Yes

Current Tenure

10 years 3 months (Oct 2014 - Present)

Previous Experience

Co-founder and CEO of a successful startup, prior executive roles at various technology companies