Blog Post

MongoDB appoints ex-BMC exec as new president and CEO

NoSQL database startup MongoDB has a new president and CEO in former BMC executive Dev Ittycheria (pictured above). He replaces Max Schireson in both roles, although Schireson will remain with MongoDB full-time as vice chairman.

Ittycheria comes to MongoDB from OpenView Venture Partners, where he had been managing director. Prior to that, he was president of the Enterprise Service Management business at BMC Software. Ittycheria came to BMC after it acquired BladeLogic — a systems management company he co-founded and ultimately took public as CEO — for $900 million in 2008.

Schireson, a former Oracle and MarkLogic executive, joined MongoDB (then called 10gen) as president in February 2011. He became CEO in January 2013, replacing co-founder and current chairman Dwight Merriman.

MongoDB has raised more than $230 million in venture capital since launching in 2007, and has become popular among developers — and even some large businesses — seeking an easy and capable database to handle their JSON data not well suited for relational database systems.

MongoDB has been working toward an IPO for a while, and speculation of when that might happen only ramped up when T. Rowe Price led a $150 million investment in the company last October. Ittycheria’s appointment will certainly spur even more questions about when, or whether, MongoDB will become a public company.

Update: This post was corrected at 10:51 a.m. to correct Dwight Merriman’s current title. He is chairman, not CTO.

5 Responses to “MongoDB appoints ex-BMC exec as new president and CEO”

  1. Hmmm.. I would have liked to see one of the real founders (Dwight…) to be the CEO. Usually the founders have the social capital to make a company like mongoDB a significant company. It is likely that there are some issues. Most of the time they are related to not enough revenue coming through the door.

    • Derrick Harris

      I’ve heard that suggested about MongoDB, although usually w/ little evidence to back it up. But if the company is going public, cutting overhead and increasing revenue would seem like things investors would like to see.

  2. Jamie Costello

    He is a good exec, gets results. Be prepared for some big name exec changes, and a forced rating curve system with x% fired every year. That is just his style. At BMC he fired several VPs within a few months of taking over the president role (some really deserved to be cut, others were questionable). And he instituted a forced curve, with the bottom 5% (could have been 10%, don’t remember) being forced out each year. That works for a hot company that has a ton of applicants (so might be OK for MongoDB), but did not work very well for a company like BMC that had high voluntary attrition even before this.