The CEO of MongoDB, Dev Ittycheria, owns 218,085 shares of MongoDB stock. As of July 27, 2023, these shares are worth approximately $89 million. This represents about 0.22% of the company’s outstanding shares.
Ittycheria has been the CEO of MongoDB since 2014. He is also a director of Datadog Inc. and athenahealth Inc. His total yearly compensation is $13.23 million, comprised of 3% salary and 97% bonuses, including company stock and options.
Ittycheria’s ownership of MongoDB stock has increased significantly in recent years. In 2014, he owned just 16,000 shares of the company. However, he has since exercised stock options and purchased additional shares on the open market.
Ittycheria’s ownership of MongoDB stock gives him a significant financial stake in the company’s success. It also gives him a strong voice in the company’s strategic direction.