MongoDB CEO Dev Ittycheria's 2020 pay jumps 56% to $9.4M
MongoDB reports 2020 executive compensation
By ExecPay News
Published: May 21, 2020
MongoDB reported fiscal year 2020 executive compensation information on May 21, 2020.
In 2020, four MongoDB executives received on average a compensation package of $5.9M, a 98% increase compared to previous year.
Average pay of disclosed executives at MongoDB
Dev Ittycheria, Chief Executive Officer, received $9.4M in total, which increased by 56% compared to 2019. 91% of Ittycheria's compensation, or $8.5M, was in stock awards. Ittycheria also received $406K in non-equity incentive plan, $400K in salary, as well as $27K in other compensation.
For fiscal year 2020, the median employee pay was $213,800 at MongoDB. Therefore, the ratio of Dev Ittycheria's pay to the median employee pay was 44 to one.
Eliot Horowitz, Chief Technology Officer, received a compensation package of $6.1M, which increased by 54% compared to previous year. 89% of the compensation package, or $5.5M, was in stock awards.
Michael Gordon, Chief Financial Officer, earned $5.2M in 2020, a 54% increase compared to previous year.
Cedric Pech, Chief Revenue Officer, received $3.1M in 2020.
MongoDB's fiscal year ends on January 31.
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Source: SEC filing on May 21, 2020.