Sundar PichaiSundar Pichai earned $164M in 2023

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...

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Dev Ittycheria

Founder and CEO of MongoDB

Education

Bachelor's degree in Computer Science from a reputed university

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Technology

Born

January 1, 1970 - 55 years ago

CEO of MongoDB for

10 years 6 months (Oct 2014 - Present)

Previous Experience

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

Holdings

See how much did Dev Ittycheria make over time.

Dev Ittycheria holds a significant stake in MongoDB, with around 2.75 million shares of Class B common stock, which equates to approximately 9.3% of the company's voting power. This relationship signals his strong commitment to the company and its success....

Mar 18, 2025

Total Stock Sold

$985.47M

MDB

$804.90M

2,909,905 MDB shares

DDOG

$180.57M

1,710,000 DDOG shares

What if they kept their stock?

If Dev Ittycheria didn't sell their stock, today they would have:
Extra MDB2,909,905 shares worth $408.38M and DDOG1,710,000 shares worth $63.18M.
This is -52.15% and $513.91M less than what they got when they sold the stock.

Charitable Transactions

MDB

12,135 shares

MDB

Recent Charitable Transactions

MDB

12,135 shares

MDB

Dec 21, 2023

Charity

Insider Trading

See recent insider trades of Dev Ittycheria.

MDB

$2.30M

MDB at $276.28/share

Jan 28, 2025

Sale

MDB

$2.12M

MDB at $254.66/share

Jan 17, 2025

Sale

MDB

$604.19K

MDB at $234.09/share

Jan 2, 2025

Sale

MDB

$909.11K

MDB at $255.66/share

Oct 2, 2024

Sale

MDB

383 shares

MDB

Oct 2, 2024

Received

MDB

$802.50K

MDB at $265.29/share

Jul 2, 2024

Sale

DDOG

2,262 shares

DDOG

Jun 5, 2024

Received

MDB

$5.95M

MDB at $346.80/share

Apr 2, 2024

Sale

MDB

24,384 shares

MDB

Apr 2, 2024

Received

MDB

20,683 shares

MDB

Mar 22, 2024

Received

Compensation History

See how much did Dev Ittycheria make over time.

In 2023, Dev Ittycheria earned a total compensation package of $842,886 from MongoDB. His pay structure includes a $400,000 salary, a performance-based bonus of $420,000, and other compensatory elements totaling $31,886. Notably, there were no vested stocks reported, as the focus shifted to performance-based stock units that are tied to future achievements. This total compensation is reflective of his leadership philosophy, which prioritizes aligning executive pay with company performance metrics, ensuring that his interests are in lockstep with those of the shareholders. Such a compensation philosophy drives the executives to focus on the long-term success of MongoDB, fostering accountability and solid governance throughout the organization, setting a standard in the tech industry.

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.

Other MongoDB CEOs

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