{"success":true,"data":{"pressRelease":{"id":"4864","rtpr_id":"nPn6qtxqja","ticker":"MDB","exchange":"NASDAQ","all_tickers":["MDB"],"title":"MongoDB Expands Product Leadership to Accelerate Growth and Innovation","author":"PR Newswire","published_at":"2026-04-22T13:00:24.148Z","article_body":"MongoDB Expands Product Leadership to Accelerate Growth and Innovation\n\nPR Newswire\n\nNEW YORK, April 22, 2026\n\nNEW YORK, April 22, 2026 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today\nannounced the expansion of its product leadership team with two executive\nappointments. Pablo Stern will join the company as Chief Product Officer, AI\nand Emerging Products, and Ben Cefalo, a longtime MongoDB product leader, has\nbeen named Chief Product Officer, Core Products. Jim Scharf continues in his\nrole as Chief Technology Officer. Stern, Cefalo, and Scharf will report to CJ\nDesai, President and Chief Executive Officer.\n\n(https://mma.prnewswire.com/media/384058/MongoDB_Logo.html)\n\n\"MongoDB's innovation agenda is aggressive,\" said Desai. \"We are driving\nsignificant innovation across our core database products while simultaneously\nmoving with velocity and faster iterations on our emerging products. Having a\ndedicated leader for each focus area will allow us to deliver what our\ncustomers need as they standardize both their core applications and AI\nworkloads on MongoDB. With our new Chief Revenue Officer, Chief Customer\nOfficer, and now this expanded product leadership team in place, I'm confident\nwe have the right leaders to establish MongoDB as the generational data\nplatform for the AI era.\"\n\nStern joins MongoDB as Chief Product Officer, AI and Emerging Products, with\nresponsibility for the company's AI product portfolio, including Search,\nVector Search, and Voyage, as well as future AI products and strategic\ninitiatives with top AI-native and foundation model companies. Most recently,\nStern served as EVP & GM of Technology Workflow Products at ServiceNow,\nwhere he scaled the IT Operations Management business from $100 million to\nmore than $1 billion in five years and launched multiple product lines that\ncontributed hundreds of millions to ServiceNow's revenue. He has also held\nleadership roles at Symantec and several technology startups. Stern is based\nin San Francisco, placing him at the center of the global AI ecosystem.\n\nCefalo has been appointed Chief Product Officer, Core Products, overseeing\nMongoDB's core product portfolio, including Atlas and Enterprise Advanced. He\njoined MongoDB in 2017 and most recently served as SVP, Head of Core Products\nand Atlas Foundational Services. MongoDB's database offerings have been the\nprimary driver of the company's growth to $2.46 billion in FY26 revenue and\nmore than 65,200 customers worldwide, and Cefalo will pursue an ambitious\nproduct roadmap to build on that foundation as large enterprises and\nfast-scaling digital natives continue to standardize on MongoDB.\n\nScharf will continue as Chief Technology Officer, overseeing MongoDB's\nengineering organization and Global Security Office. In this role, he will\ndrive execution of the product strategy and roadmap across both core and\nemerging products, while ensuring the security, durability, availability, and\nperformance the world's most demanding organizations depend on.\n\nAbout MongoDB\nHeadquartered in New York, MongoDB's mission is to empower innovators to\ncreate, transform, and disrupt industries with software. MongoDB's unified\ndatabase platform was built to power the next generation of applications, and\nMongoDB is the most widely available, globally distributed database on the\nmarket. With integrated capabilities for operational data, search, real-time\nanalytics, and AI-powered data retrieval, MongoDB helps organizations\neverywhere move faster, innovate more efficiently, and simplify complex\narchitectures. Millions of developers and more than 65,200+ customers across\nindustries – including ~75% of the Fortune 100 – rely on MongoDB for their\nmost important applications. To learn more, visit mongodb.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4670468-1&h=1280962182&u=http%3A%2F%2Fmongodb.com%2F&a=mongodb.com)\n.\n\nForward-Looking Statements\nThis press release includes certain \"forward-looking statements\" within the\nmeaning of Section 27A of the Securities Act of 1933, as amended, or the\nSecurities Act, and Section 21E of the Securities Exchange Act of 1934, as\namended, including statements concerning MongoDB's financial performance for\nthe third fiscal quarter of fiscal year 2026, which preliminary financial\nresults have not yet been reviewed by MongoDB's independent public accounting\nfirm and so are subject to revisions that could differ materially to finalized\nfinancial results. These forward-looking statements include, but are not\nlimited to, plans, objectives, expectations and intentions and other\nstatements contained in this press release that are not historical facts and\nstatements identified by words such as \"anticipate,\" \"believe,\" \"continue,\"\n\"could,\" \"estimate,\" \"expect,\" \"intend,\" \"may,\" \"plan,\" \"project,\" \"will,\"\n\"would\" or the negative or plural of these words or similar expressions or\nvariations. These forward-looking statements reflect our current views about\nour plans, intentions, expectations, strategies, and prospects, which are\nbased on the information currently available to us and on assumptions we have\nmade. Although we believe that our plans, intentions, expectations,\nstrategies, and prospects as reflected in or suggested by those\nforward-looking statements are reasonable, we can give no assurance that the\nplans, intentions, expectations or strategies will be attained or achieved.\nFurthermore, actual results may differ materially from those described in the\nforward-looking statements and are subject to a variety of assumptions,\nuncertainties, risks and factors that are beyond our control including,\nwithout limitation: our customers renewing their subscriptions with us and\nexpanding their usage of software and related services; global political\nchanges; the effects of the ongoing military conflicts between Russia and\nUkraine and Israel and Hamas on our business and future operating results;\neconomic downturns and/or the effects of rising interest rates, inflation and\nvolatility in the global economy and financial markets on our business and\nfuture operating results; our potential failure to meet publicly announced\nguidance for the third quarter of fiscal year 2026 or other time periods or\nother expectations about our business and future operating results;\nliabilities, reputational harm or other adverse consequences resulting from\nuse of AI in our product offerings and internal operations if they don't\nproduce the desired benefits; our limited operating history; our history of\nlosses; our potential failure to repurchase shares of our common stock at\nfavorable prices, if at all; failure of our platform to satisfy customer\ndemands; the effects of increased competition; our investments in new products\nand our ability to introduce new features, services or enhancements; social,\nethical and security issues relating to the use of new and evolving\ntechnologies, such as artificial intelligence, in our offerings or\npartnerships; our ability to effectively expand our sales and marketing\norganization; our ability to continue to build and maintain credibility with\nthe developer community; our ability to add new customers or increase sales to\nour existing customers; our ability to maintain, protect, enforce and enhance\nour intellectual property; the effects of social, ethical and regulatory\nissues relating to the use of new and evolving technologies, such as\nartificial intelligence, in our offerings or partnerships; the growth and\nexpansion of the market for database products and our ability to penetrate\nthat market; our ability to maintain the security of our software and\nadequately address privacy concerns; our ability to manage our growth\neffectively and successfully recruit and retain additional highly-qualified\npersonnel; our ability to manage leadership transitions; the ability of our\nexecutive leadership to drive innovation and execute at scale; and the price\nvolatility of our common stock. These and other risks and uncertainties are\nmore fully described in our filings with the Securities and Exchange\nCommission (\"SEC\"), including under the caption \"Risk Factors\" in our\nQuarterly Report on Form 10-Q for the quarter ended July 31, 2025, filed with\nthe SEC on August 27, 2025. Additional information will be made available in\nour Quarterly Report on Form 10-Q for the quarter ended October 31, 2025, and\nother filings and reports that we may file from time to time with the SEC.\nExcept as required by law, we undertake no duty or obligation to update any\nforward-looking statements contained in this release as a result of new\ninformation, future events, changes in expectations or otherwise.\n\nContacts\nInvestors\nir@mongodb.com (mailto:ir@mongodb.com)\n\nMedia\npress@mongodb.com (mailto:press@mongodb.com)\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/mongodb-expands-product-leadership-to-accelerate-growth-and-innovation-302749967.html\n(https://www.prnewswire.com/news-releases/mongodb-expands-product-leadership-to-accelerate-growth-and-innovation-302749967.html)\n\nSOURCE MongoDB, Inc.\n\n\n\nPhoto: \nhttps://mma.prnewswire.com/media/384058/MongoDB_Logo.jpg\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn6qtxqja","title":"MongoDB Expands Product Leadership to Accelerate Growth and Innovation","author":"PR Newswire","ticker":"MDB","created":"2026-04-22T13:00:24.148Z","tickers":["MDB"],"exchange":"NASDAQ","article_body":"MongoDB Expands Product Leadership to Accelerate Growth and Innovation\n\nPR Newswire\n\nNEW YORK, April 22, 2026\n\nNEW YORK, April 22, 2026 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today\nannounced the expansion of its product leadership team with two executive\nappointments. Pablo Stern will join the company as Chief Product Officer, AI\nand Emerging Products, and Ben Cefalo, a longtime MongoDB product leader, has\nbeen named Chief Product Officer, Core Products. Jim Scharf continues in his\nrole as Chief Technology Officer. Stern, Cefalo, and Scharf will report to CJ\nDesai, President and Chief Executive Officer.\n\n(https://mma.prnewswire.com/media/384058/MongoDB_Logo.html)\n\n\"MongoDB's innovation agenda is aggressive,\" said Desai. \"We are driving\nsignificant innovation across our core database products while simultaneously\nmoving with velocity and faster iterations on our emerging products. Having a\ndedicated leader for each focus area will allow us to deliver what our\ncustomers need as they standardize both their core applications and AI\nworkloads on MongoDB. With our new Chief Revenue Officer, Chief Customer\nOfficer, and now this expanded product leadership team in place, I'm confident\nwe have the right leaders to establish MongoDB as the generational data\nplatform for the AI era.\"\n\nStern joins MongoDB as Chief Product Officer, AI and Emerging Products, with\nresponsibility for the company's AI product portfolio, including Search,\nVector Search, and Voyage, as well as future AI products and strategic\ninitiatives with top AI-native and foundation model companies. Most recently,\nStern served as EVP & GM of Technology Workflow Products at ServiceNow,\nwhere he scaled the IT Operations Management business from $100 million to\nmore than $1 billion in five years and launched multiple product lines that\ncontributed hundreds of millions to ServiceNow's revenue. He has also held\nleadership roles at Symantec and several technology startups. Stern is based\nin San Francisco, placing him at the center of the global AI ecosystem.\n\nCefalo has been appointed Chief Product Officer, Core Products, overseeing\nMongoDB's core product portfolio, including Atlas and Enterprise Advanced. He\njoined MongoDB in 2017 and most recently served as SVP, Head of Core Products\nand Atlas Foundational Services. MongoDB's database offerings have been the\nprimary driver of the company's growth to $2.46 billion in FY26 revenue and\nmore than 65,200 customers worldwide, and Cefalo will pursue an ambitious\nproduct roadmap to build on that foundation as large enterprises and\nfast-scaling digital natives continue to standardize on MongoDB.\n\nScharf will continue as Chief Technology Officer, overseeing MongoDB's\nengineering organization and Global Security Office. In this role, he will\ndrive execution of the product strategy and roadmap across both core and\nemerging products, while ensuring the security, durability, availability, and\nperformance the world's most demanding organizations depend on.\n\nAbout MongoDB\nHeadquartered in New York, MongoDB's mission is to empower innovators to\ncreate, transform, and disrupt industries with software. MongoDB's unified\ndatabase platform was built to power the next generation of applications, and\nMongoDB is the most widely available, globally distributed database on the\nmarket. With integrated capabilities for operational data, search, real-time\nanalytics, and AI-powered data retrieval, MongoDB helps organizations\neverywhere move faster, innovate more efficiently, and simplify complex\narchitectures. Millions of developers and more than 65,200+ customers across\nindustries – including ~75% of the Fortune 100 – rely on MongoDB for their\nmost important applications. To learn more, visit mongodb.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4670468-1&h=1280962182&u=http%3A%2F%2Fmongodb.com%2F&a=mongodb.com)\n.\n\nForward-Looking Statements\nThis press release includes certain \"forward-looking statements\" within the\nmeaning of Section 27A of the Securities Act of 1933, as amended, or the\nSecurities Act, and Section 21E of the Securities Exchange Act of 1934, as\namended, including statements concerning MongoDB's financial performance for\nthe third fiscal quarter of fiscal year 2026, which preliminary financial\nresults have not yet been reviewed by MongoDB's independent public accounting\nfirm and so are subject to revisions that could differ materially to finalized\nfinancial results. These forward-looking statements include, but are not\nlimited to, plans, objectives, expectations and intentions and other\nstatements contained in this press release that are not historical facts and\nstatements identified by words such as \"anticipate,\" \"believe,\" \"continue,\"\n\"could,\" \"estimate,\" \"expect,\" \"intend,\" \"may,\" \"plan,\" \"project,\" \"will,\"\n\"would\" or the negative or plural of these words or similar expressions or\nvariations. These forward-looking statements reflect our current views about\nour plans, intentions, expectations, strategies, and prospects, which are\nbased on the information currently available to us and on assumptions we have\nmade. Although we believe that our plans, intentions, expectations,\nstrategies, and prospects as reflected in or suggested by those\nforward-looking statements are reasonable, we can give no assurance that the\nplans, intentions, expectations or strategies will be attained or achieved.\nFurthermore, actual results may differ materially from those described in the\nforward-looking statements and are subject to a variety of assumptions,\nuncertainties, risks and factors that are beyond our control including,\nwithout limitation: our customers renewing their subscriptions with us and\nexpanding their usage of software and related services; global political\nchanges; the effects of the ongoing military conflicts between Russia and\nUkraine and Israel and Hamas on our business and future operating results;\neconomic downturns and/or the effects of rising interest rates, inflation and\nvolatility in the global economy and financial markets on our business and\nfuture operating results; our potential failure to meet publicly announced\nguidance for the third quarter of fiscal year 2026 or other time periods or\nother expectations about our business and future operating results;\nliabilities, reputational harm or other adverse consequences resulting from\nuse of AI in our product offerings and internal operations if they don't\nproduce the desired benefits; our limited operating history; our history of\nlosses; our potential failure to repurchase shares of our common stock at\nfavorable prices, if at all; failure of our platform to satisfy customer\ndemands; the effects of increased competition; our investments in new products\nand our ability to introduce new features, services or enhancements; social,\nethical and security issues relating to the use of new and evolving\ntechnologies, such as artificial intelligence, in our offerings or\npartnerships; our ability to effectively expand our sales and marketing\norganization; our ability to continue to build and maintain credibility with\nthe developer community; our ability to add new customers or increase sales to\nour existing customers; our ability to maintain, protect, enforce and enhance\nour intellectual property; the effects of social, ethical and regulatory\nissues relating to the use of new and evolving technologies, such as\nartificial intelligence, in our offerings or partnerships; the growth and\nexpansion of the market for database products and our ability to penetrate\nthat market; our ability to maintain the security of our software and\nadequately address privacy concerns; our ability to manage our growth\neffectively and successfully recruit and retain additional highly-qualified\npersonnel; our ability to manage leadership transitions; the ability of our\nexecutive leadership to drive innovation and execute at scale; and the price\nvolatility of our common stock. These and other risks and uncertainties are\nmore fully described in our filings with the Securities and Exchange\nCommission (\"SEC\"), including under the caption \"Risk Factors\" in our\nQuarterly Report on Form 10-Q for the quarter ended July 31, 2025, filed with\nthe SEC on August 27, 2025. Additional information will be made available in\nour Quarterly Report on Form 10-Q for the quarter ended October 31, 2025, and\nother filings and reports that we may file from time to time with the SEC.\nExcept as required by law, we undertake no duty or obligation to update any\nforward-looking statements contained in this release as a result of new\ninformation, future events, changes in expectations or otherwise.\n\nContacts\nInvestors\nir@mongodb.com (mailto:ir@mongodb.com)\n\nMedia\npress@mongodb.com (mailto:press@mongodb.com)\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/mongodb-expands-product-leadership-to-accelerate-growth-and-innovation-302749967.html\n(https://www.prnewswire.com/news-releases/mongodb-expands-product-leadership-to-accelerate-growth-and-innovation-302749967.html)\n\nSOURCE MongoDB, Inc.\n\n\n\nPhoto: \nhttps://mma.prnewswire.com/media/384058/MongoDB_Logo.jpg\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-04-22T13:00:24.234896197Z","server_sent_at_ms":1776862824234},"received_at":"2026-04-22T13:00:24.355Z","source_url":null},"analysis":{"id":"3470","press_release_id":"4864","analysis_json":{"industry":{"label":"Software & Services","sector":"Information Technology"},"redFlags":[],"eventType":"executive_change","narrative":"MongoDB announced the expansion of its product leadership team, appointing Pablo Stern as Chief Product Officer for AI and Emerging Products and promoting Ben Cefalo to Chief Product Officer for Core Products.\n\nStern joins from ServiceNow where he scaled a business unit from $100 million to over $1 billion, while Cefalo, a seven-year veteran, will oversee Atlas and Enterprise Advanced which drove FY26 revenue of $2.46 billion.\n\nThe dual-CPO structure, reporting to CEO CJ Desai, aims to accelerate innovation by separating core database operations from the company's growing AI portfolio.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Splitting product leadership into AI and Core tracks signals a strategic pivot to capture AI workload demand."},"keyFigures":{"revenue":"$2.46 billion","customDimensions":{"fy26_customers":65200}},"quotedText":"With our new Chief Revenue Officer, Chief Customer Officer, and now this expanded product leadership team in place, I'm confident we have the right leaders to establish MongoDB as the generational data platform for the AI era.","namedEntities":{"people":[{"name":"Pablo Stern","role":"Chief Product Officer, AI and Emerging Products"},{"name":"Ben Cefalo","role":"Chief Product Officer, Core Products"},{"name":"CJ Desai","role":"President and Chief Executive Officer"},{"name":"Jim Scharf","role":"Chief Technology Officer"}],"products":["Search","Vector Search","Voyage","Atlas","Enterprise Advanced"],"companies":[{"name":"MongoDB, Inc.","ticker":"MDB"},{"name":"ServiceNow","relationship":"former employer"},{"name":"Symantec","relationship":"former employer"}],"dollarAmounts":[{"amount":"$2.46 billion","context":"FY26 revenue"},{"amount":"$100 million","context":"ServiceNow business revenue at start of Stern's tenure"},{"amount":"$1 billion","context":"ServiceNow business revenue at end of Stern's tenure"}]},"materialImpact":{"score":3,"reasoning":"Strategic restructuring of the product organization into AI and Core tracks with a high-profile hire from ServiceNow signals an aggressive push to monetize AI workloads, though it is an operational change rather than a binary financial event."},"tickerRelevance":{"others":[],"primary":"MDB"},"eventTypeSecondary":[]},"event_type":"executive_change","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"MongoDB announced the expansion of its product leadership team, appointing Pablo Stern as Chief Product Officer for AI and Emerging Products and promoting Ben Cefalo to Chief Product Officer for Core Products.\n\nStern joins from ServiceNow where he scaled a business unit from $100 million to over $1 billion, while Cefalo, a seven-year veteran, will oversee Atlas and Enterprise Advanced which drove FY26 revenue of $2.46 billion.\n\nThe dual-CPO structure, reporting to CEO CJ Desai, aims to accelerate innovation by separating core database operations from the company's growing AI portfolio.","key_figures":{"revenue":"$2.46 billion","customDimensions":{"fy26_customers":65200}},"named_entities":{"people":[{"name":"Pablo Stern","role":"Chief Product Officer, AI and Emerging Products"},{"name":"Ben Cefalo","role":"Chief Product Officer, Core Products"},{"name":"CJ Desai","role":"President and Chief Executive Officer"},{"name":"Jim Scharf","role":"Chief Technology Officer"}],"products":["Search","Vector Search","Voyage","Atlas","Enterprise Advanced"],"companies":[{"name":"MongoDB, Inc.","ticker":"MDB"},{"name":"ServiceNow","relationship":"former employer"},{"name":"Symantec","relationship":"former employer"}],"dollarAmounts":[{"amount":"$2.46 billion","context":"FY26 revenue"},{"amount":"$100 million","context":"ServiceNow business revenue at start of Stern's tenure"},{"amount":"$1 billion","context":"ServiceNow business revenue at end of Stern's tenure"}]},"model_name":"glm-4.7","prompt_hash":"sha256:2f2748f0fcc8c4f2","schema_hash":"sha256:ad96b863d7123008","created_at":"2026-04-22T17:27:14.629Z","global_importance":3,"audience_relevance":3,"importance_components":{"method":"backfill-heuristic","signals":{"bodyLong":false,"headlineTier1":false,"tickerCovered":false,"hadSignificance":false},"version":1,"computedAt":"2026-04-27T11:52:54.217Z"}},"durationMs":124164,"modelName":"glm-4.7"}}