MongoDB names Cloudflare executive Chirantan Desai as CEO

MongoDB shares surged 9% premarket after naming Cloudflare executive Chirantan Desai as its new CEO, effective November 10. Desai will replace Dev Ittycheria, who is retiring after 11 years at the helm. Ittycheria will remain on MongoDB board and advise Desai on executing the company long-term growth strategy.
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