At that time, it had 3,400 active customers. In an era of founder-led tech companies, Snowflake's Frank Slootman is a corporate throwback. Slootman with wife, Brenda( Source : co) The 63-year-old Brenda serves as the Slootman Family Foundation's vice president and secretary. Furthermore, he is the companys CEO, meaning that he is the one responsible for overseeing its operations. Snowflake services main features are separation of storage and compute, on-the-fly scalable compute, data sharing, data cloning, and third-party tools support in order to handle the demanding needs of growing enterprises. Nussenbaum has achieved massive success in his business endeavors and he stands as a role model, Read More 10 Things You Didnt Know About Adrien NussenbaumContinue, Sipho Maseko is a South African businessman. Also, we have no idea about his brother and sister, and we dont know their names either. Visit the Business section of Insider for more stories. Afterwards, he attended Erasmus University Rotterdam where he studied for more than seven years. Frank explained. Author And Journalist Career In Nutshell, Who Is Kelsey Chittick? Save my name, email, and website in this browser for the next time I comment. "Frank took us from a very large startup and made us into a very large, well-oiled machine," Luddy told Forbes in 2018. Snowflake CFO Michael Scarpelli who joined just months after Slootman, also reportedly has a similar compensation structure, with his options said to be worth around $29 million a month. Biography of Frank Slootman. But we are sure that it is not available and his spouses name is not available. Blackstone Group Inc. named Snowflake Inc. Chief Executive Officer Frank Slootman as a senior adviser. This page was last edited on 12 March 2021, at 18:12. He has been involved with various companies in various ways over the course of his multi-decade career. He was back at it two years later as chairman of enterprise software firm ServiceNow, which he led to an IPO in 2012. Frank Slootman (born 1958) is a billionaire businessman, and the chairman and CEO at Snowflake Inc., a cloud data-warehousing company. He led data-storage firm Data Domain from 2003 until its takeover by EMC Corp. in 2009, then ran cloud-service . Wiki: Net Worth, Nationality, Ethnicity, Wheres Mena Suvari today? Frank has over 25 years of experience in the corporate software market as an entrepreneur and executive. [11] The company's initial public offering raised $3.4 billion, one of the largest software IPOs in history. They are in relation from previous few years of a strong relationship. 15:00 EST 06 Dec 2020. Slootman insisted his decision to join Snowflake wasnt motivated by money. Slootman is a hands-on guy and this book is a highly readable and enjoyable tour through his hands-on CEO toolkit. . [3][4], The firm offers a cloud-based data storage and analytics service, generally termed "data-as-a-service". Which was then followed by his association with Compuware and software company Borland. Source link [ad_1] Frank Slotman is the CEO of Snowflake, a cloud storage company.Frank Slotman is the President and CEO of Snowflake, Slootman took office in May 2019 and started his CV in the world of enterprise software.Frank Slootman WikiFrank Slootman Net WorthNow look at Frank Slootman Net worth income salary [5] [6] It allows corporate users to . A compensation package he received upon joining Snowflake in April 2019 awards him a batch of options every month - for four years - that are now worth more than $108 million each, or about $1.3 billion annually. 14:42 EST 06 Dec 2020 Frank has been involved in the business programming market for over 25 years as a business visionary and chief. At 61 years old, Slootman has created quite the reputation for himself. [2], In May 2019, Frank Slootman joined Snowflake Inc. as its CEO. The success was because of Slootman and his share on the company is 30% hence making his net worth as of 2020 is 1.8$ billion. Check out the subtleties of his Wikipedia below. [25][12][26][27][28], On May 26, 2021, the company announced that it would become headquarterless,[29] with a principal executive office located in Bozeman, Montana. After telling Bloomberg TV that he can't allow a push for diversity in tech to "override merit," Snowflake CEO Frank Slootman released a statement Monday apologizing for a "lack of clarity" in those comments. It . Many rumours related to Carrie Johnson pregnancy have been surrounding around the globe. In his otherwise exceptional book Amp It Up . [5][6] It allows corporate users to store and analyze data using cloud-based hardware and software. We cant say their name. In an exclusive interview, Frank Slootman, President and CEO of [], With tech stocks flying, bubble calls are multiplying, but ServiceNow's Frank Slootman says his business is 'bulletproof. Frank Slootman, the new CEO of the cloud data warehouse vendor Snowflake says he was hired to scale Snowflake aggressively into the enterprise market, replacing legacy and 'first generation cloud . A former executive at Borland, he moved over to a startup in 2001 called Data Domain. June 7, 2021. Frank Slootman doesn't have an official Wikipedia profile to his name. FORTUNE may receive compensation for some links to products and services on this website. Lindbergh High School Teacher Arrested, Katkat Manimtim & Marc Daniel Bernardo Bio Viral Video Explained, Paula Parkinson Biography, Wikipedia And The Story About Paula Parkinson, Find Name, Bio, Wikipedia, And Family Details Of 18-year-old Who Got Arrested For Prompting FBI warning. This is the fundamental premise of a hard hitting new book written by Frank Slootman, CEO of Snowflake, and published earlier this year. Snowflake presently has Frank Slootman as Chairman and CEO. Slootman is the CEO of Snowflake, a cloud-based database firm he joined in 2019 and took public in September 2020 in a blockbuster initial public offering (IPO). Mr. Slootman is a billionaire businessman who was born on 3rd October 1958 in Holland. Snowflake's Frank Slootman doesnt start companies. Having run a number of global software companies, I appreciate the scope of resources that Blackstone can bring to high-growth technology companies. There are many questions left unanswered about the months leading up to Snowflake going public. [24] On September 16, 2020, Snowflake became a public company via an initial public offering (IPO) raising $3.4 billion, one of the largest software IPOs and the largest to double on its first day of trading. From 2011 until 2017, Mr. Slootman was the CEO and President of ServiceNow, growing the company from about $100 million in revenue to $1.4 billion through an IPO. What trends will drive the next decade of innovation? To learn more about this, I had a chance to talk to Frank Slootman. But no CEO has a better track record of turning the ideas of others into jackpots. In his spare time, Slootman is a keen sailor and regatta racer. Cloud-data warehouse Snowflake has been the talk of the town since it announced its intention of going public. Also, they havent shared any details on their parenthood, but we believe that the two have a son together. The scramble isnt over, and many who missed the opening also missed on the double growth just off the gate. This article "Frank Slootman" is from Wikipedia. he earned his bachelor's and master's degrees in economics at Erasmus University Rotterdam's Netherlands School of Economics. All Rights Reserved. Frank Slootman currently serves as Chairman and CEO at Snowflake. Including his options, Slootman owns about 10% of Snowflake. Mr Slootman owns over 1,651 units of Snowflake stock worth over $23,077,339 and over the last 10 years he sold SNOW stock worth over $82,563,233. SUN: 01:00 pm 06:00 pm, 2014 Nissan Pathfinder Wheel Bearing Torque Specs, Does False Labor Mean The Baby Is Coming Soon, 3 Phase 4 Wire System Is Commonly Used For Which Distribution, What Is The Meaning Of The Song Lemon Boy, Does Pete Hegseth Have Two Different Colored Eyes, Write Two Effective Verbs To Describe How A Sea Monster Might Move, BreakAway Speed Softball 18U 2020 Fall Schedule. Frank Slootman aboard his prior vessel, Invisible Hand, a Reichel/Pugh 63. Frank Slootman, CEO of Snowflake, on the day of its 2020 IPO, Sept. 16th, 2020. Frank Slootman is a happily married man. After all, he has experience on his side. Slootman received both his undergraduate and graduate degrees from the Erasmus University Rotterdam School of Economics. Its been suggested that he and his wife have two children and that his parents are from Holland. He led data-storage firm Data Domain from 2003 until its takeover by EMC Corp. in 2009, then ran cloud-service firm ServiceNow Inc. from 2011 to 2017. Much like how he runs his companies, Slootman is always direct in his speeches. Frank has over 25 years of experience as an entrepreneur and executive in the enterprise software industry. [30], On October 17, 2022, the company announced an investment in advanced TV advertising firm OpenAP. [12], Snowflake Inc. was founded in July 2012 in San Mateo, California by three data warehousing experts: Benot Dageville, Thierry Cruanes and Marcin ukowski. As of now, the stock is trading for [], Want to create an extremely valuable company? Interview with ServiceNow's CEO Frank Slootman, ServiceNow's CEO Shows How to Disrupt Billion-Dollar Markets. However, the details of his conjugal life are known to few. Frank Slootman's genius is partially picking companies that have products with an extremely natural product-market fit. Frank Slootman currently serves as Chairman and CEO at Snowflake. He became CEO of storage company Data Domain in 2003, took it public in 2007, and sold it to EMC for $1.8 billion in 2009. He became CEO of storage company Data Domain in 2003, took it public in 2007, and sold it to EMC for $1.8 billion in 2009. As reported by Forbes, the company has been raising billion on the ongoing pandemic and its shares are crossing more than $30 billion. [22] In September 2019, it was ranked first on LinkedIn's 2019 U.S. list of Top Startups. Also Read:Who Is Kelsey Chittick? In 2011, after the founder of ServiceNow Fred Luddy stepped down, ServiceNow announced appointment of Frank Slootman as CEO. Snowflake presently has Frank Slootman as Chairman and CEO. Frank Slootman Wife / Married Snowflake Inc. is a cloud computing -based data cloud company based in Bozeman, Montana. Slootman said the companies' AI and machine learning teams often work collaboratively, for example, and that they have a history of announcing integrations at previous re:Invents. Talking about his decision to come to the states, Frank expressed in an interview; how he had never worked in the country where he was born. Prior to that, Frank was President of EMCs Backup Recovery Systems Division following the firms acquisition of Data Domain Corporation/Data Domain, Inc., where he served as Chief Executive Officer and President and led the business through an IPO to its $2.4 billion acquisition by EMC. Snowflake Inc. (NYSE:NYSE:SNOW) Q1 2022 Earnings Conference Call May 26, 2021, 5:00 PM ET Company Participants Jimmy Sexton - Head, IR Frank Slootman - Chairman, CEO & President Michael. The estimated Net Worth of Frank Slootman is at least $106 Million dollars as of 8 September 2022. For example, he made a few changes at Snowflake when he became CEO. In June 2012, ServiceNow became a publicly-traded company as Frank Slootman led the company through a $210 million IPO. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()). But we are trying hard to collect all the information about him and will update you soon. [31], Last edited on 19 November 2022, at 18:31, "Snowflake Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2022", "Snowflake offers cloud data warehouse as a service, cheaply", "Longtime Microsoft Executive Opens Cloud Database Start-Up", "Snowflake raises $450 million in another VC round, valued at $3.5 billion", "Snowflake Takes Aim at Amazon, Hadoop With New Data Service", "Snowflake's cloud data warehouse comes to Microsoft Azure", "Announcing Snowflake on Google Cloud Platform", "Snowflake shares more than double. Let me explain. He was back at it two years later as chairman of enterprise software firm ServiceNow, which he led to an IPO in 2012. Its a positive outlook for Snowflake, and its a bright signal for investors to really pay attention to this company now before its too late. Snowflake is Slootmans third IPO. It was hard for me to work in a big company, too slow and rigid, just not inspired. Then there was a secondary offering, with the issuance of 16.1 million shares at $28 a piece. Once the full options package is paid out in early 2023, it would be worth about $4.5 billion at the current stock price. COVID-19 fundamentally changed the way businesses operate. Powered and implemented by Interactive Data Managed Solutions. Prior to that, Frank served as President of EMCs Backup Recovery Systems Division following the acquisition of Data Domain Corporation/Data Domain, Inc. by the company, where he served as Chief Executive Officer and President and led the company through an IPO into the $2.4 billion purchase by EMC. Learn how your comment data is processed. The Silent Wife (Signed . [18][19] In January 2018, the company announced a $263 million financing round at a $1.5 billion valuation, making it a unicorn. Before accepting the Snowflake CEO job, Slootman was retired and racing sailboats competitively in the San Francisco Bay Area. Slootman moved to Silicon Valley in 1997. She is VP and secretary of the Slootman Family Foundation. Graves is also an advisor on the American Law Institute Project on Sexual and Gender-Based Misconduct on Campus.. Quick Facts and Information on Fatima Goss Graves If you know some information, please comment below. by Frank Slootman Hardcover. ', Frank Slootman the CEO of ServiceNow (NYSE: NOW) has a spring in his step. Ipos in history retired and racing sailboats competitively in the corporate software market as an entrepreneur and in... His name of global software companies, Snowflake & # x27 ; s genius is partially companies. A cloud-based data storage and analytics service, generally termed `` data-as-a-service '' termed data-as-a-service...: now ) has a spring in his step 2019, Frank Slootman the CEO of ServiceNow NYSE. Collect all the information about him and will update you soon he attended Erasmus University Rotterdam of. 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