MongoDB CEO resigns "effective immediately" to join Meta, stock drops 20%

MongoDB CEO Dev Ittner has resigned from her position effective immediately to join Meta as the leader of their enterprise platform. The news sent MongoDB's stock plummeting 20% after the announcement. In her new role at Meta, Ittner will be responsible for the company's enterprise platform, overseeing the development and growth of its products and services. Ittner has been CEO of MongoDB since 2017, leading the company through a significant period of growth and expansion. Her departure from MongoDB has sparked speculation about the future direction of the company, with some analysts expressing concern about the impact of her departure on the company's stock and leadership.