MongoDB CEO Chirantan Desai steps down after less than a year to join Meta; shares fall ~24% as Dev Ittycheria returns as interim CEO

MongoDB said Chirantan "CJ" Desai stepped down as president and CEO, effective immediately, after less than a year in the job, to take a senior role at Meta. Dev Ittycheria, who led the company from 2014 to 2025, returns as interim president and CEO. The stock fell about 24% on the news; MongoDB reaffirmed its Q3 and FY27 guidance.

Detected & updated continuously · Source: Nebula