The book was written with the help of Will Weisser and is on sale at major retail and online book stores. In an era of founder-led tech companies, Snowflake's Frank Slootman is a corporate throwback. Wiki: Net Worth, Husband, Wedding, Diet, Son, Engaged, Whos Shah Rukh Khan? In the past Mr. Slootman occupied the position of Chairman at ServiceNow, Inc., Principal at Compuware Corp., General Manager for Ecosystems SRL, Partner . 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My guest today is Frank Slootman, Chairman and CEO of cloud platform Snowflake. ServiceNow became a publicly listed corporation in June 2012, when Frank Slootman guided the firm through a $210 million initial public offering. We are no longer accepting comments on this article. Earlier this week, Snowflake reported that its third-quarter revenue more than doubled on the same time period last year, and it stock has jumped 223 percent since its record-breaking September 15 initial public offering (IPO). After ServiceNow creator Fred Luddy ventured out in 2011, the organization announced it had Frank Slootman as CEO. Manage Settings Some 36 years later, Slootman is . [2], In May 2019, Frank Slootman joined Snowflake Inc. as its CEO. June 7, 2021. All Rights Reserved. This is the fundamental premise of a hard hitting new book written by Frank Slootman, chief executive of Snowflake Inc., and published earlier this year. [11] The company's initial public offering raised $3.4 billion, one of the largest software IPOs in history. He cancelled the luxurious annual employee ski trip to Tahoe. But we are trying hard to collect all the information about him and will update you soon. We have no more Information about his Father; we will try to collect information and update soon. Brenda Lynne Slootman, his wife, is his life partner. 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). This site uses Akismet to reduce spam. The list of its authors can be seen in its historical. Snowflake's Frank Slootman doesnt start companies. Its none other than CEO Frank Slootman, and here are 10 things about the guy behind the current Snowflake craze. Forbes reports that Slootman became a . 5.9% of any company is a huge deal. [22] In September 2019, it was ranked first on LinkedIn's 2019 U.S. list of Top Startups. But then again, there really is only one Frank Slootman, IPO master in the world. Creative Commons Attribution-ShareAlike. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. I am truly a hybrid Dutch-American. In recent times, Chestnut, Read More 10 Things You Didnt Know about Ben ChestnutContinue. Slootmans style of leadership is not gentle at all. It's a pity that Wiley didn't amp up its production quality, though - a humdrum cover makes a second-rate impression. Mr. Slootman served as CEO and President of ServiceNow from 2011 to 2017. Frank Slootman is Chairman/CEO at Snowflake Computing Inc. See Frank Slootman's compensation, career history, education, & memberships. FRANK SLOOTMAN is the Chairman and CEO at Snowflake Inc. Frank has over 25 years of experience as an entrepreneur and executive in the enterprise software industry. Save my name, email, and website in this browser for the next time I comment. The book . 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. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace. Presently, Frank Slootman is Chairman & Chief Executive Officer of Snowflake, Inc. So not only is this CEO a winner on land; he also dominates the sea with his sailboatpretty impressive on any measure. Save my name, email, and website in this browser for the next time I comment. Similar is the scenario with his married life. He then moved to the USA in 1984 to work for Burroughs Corporation, and later went on to work for Compuware and software company Borland, before joining Data domain where he later became CEO. By getting data out of narrow silos and into the hands of more employees and consumers. We and our partners use cookies to Store and/or access information on a device. Frank has over 25 years of experience in the corporate software market as an entrepreneur and executive. But he was [], ServiceNow (NYSE:NOW) will likely turn out to be one of this year's top IPOs. 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. by Frank Slootman Hardcover. [15][16][17] It raised another $100 million in April 2017. Some may describe him as direct. 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 almost $95 million each, or about $1.1 billion annually. This is probably the biggest understatement of the year. Boasting the hottest tech IPO of the year (and the biggest software IPO ever), Snowflake, the cloud-based data . He is a millionaire businessman and the chairman and CEO of Snowflake Inc. by profession. Two years later, he was back at it again as chairman of enterprise software business ServiceNow, which he guided to a 2012 IPO. Snowflake CEO Wikipedia Bio And Net Worth 2022. It was founded in July 2012 and was publicly launched in October 2014 after two years in stealth mode. ServiceNow has been on a tear and as they say "just killing it". Frank's wife, Brenda, who is also 61 years old, is the Vice President and Secretary of the Slootman Family Foundation. [1] In June 2012, ServiceNow became a publicly-traded company as Frank Slootman led the company through a $210 million IPO. The monster pay package is partly a result of Snowflakes surging valuation. The scramble isnt over, and many who missed the opening also missed on the double growth just off the gate. A few months ago, Carrie was [], Snowflake CEO: Frank Slootman Wikipedia Bio Wife & Net Worth 2022. Slootman insisted his decision to join Snowflake wasnt motivated by money. Dhruv Saxena is the CEO of ShipBob, which offers fulfillment services for online businesses. As a result, the company broke another record: Snowflake became the largest company to ever double in value on its opening day, reaching a market cap of close to $75 billion. Interested individuals might have seen his name in recent times because his company has raised $200 million in a Series D funding round. Required fields are marked *. A former executive at Borland, he moved over to a startup in 2001 called Data Domain. The workflow software company relies on a cloud computing platform to function. What Can Entrepreneurs Learn From Andrew Mason's Crazy Ride? Frank Slootman, CEO of @SnowflakeDB sat down with @CNBC and @Livongo to discuss how to move #AI and #ML from theory into practice. We cant say their name. This advertisement has not loaded yet, but your article continues below. He was back at it two years later as chairman of enterprise software firm ServiceNow, which he led to an IPO in 2012. Can he continue that string of success [], Regarding the firing of Groupons (NASDAQ:GRPN) Andrew Mason, ServiceNows (NYSE:NOW) CEO Frank Slootman emailed me the following: Being a founder/CEO is like riding a bucking bronco. Prior to working for Snowflake, Frank took the CEO spot at ServiceNow when it had less than $100 million in revenues and took it to $1.4 billion. 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. By the close of Snowflake's . He attended the Netherlands School of Economics and graduated in 1977. The estimated net worth of Frank Slootman is at least $72 Million dollars as of 2023-01-14. He has been involved with various companies in various ways over the course of his multi-decade career. Carrie Johnson Pregnancy Rumours And Children Details, Find Magpie Murders PBS Cast, Release Date, Time, And More Details, Who Is Grant Gaumer, 37? Snowflake presently has Frank Slootman as Chairman and CEO. Slootman knows exactly what he's doing. 15:00 EST 06 Dec 2020. Copyright 2023 | WordPress Theme by MH Themes, Jerry Sheindlin Net Worth, Salary, Assets, Married, Wife, Children, Family, Age, Height, Facts, Wiki-Bio, Dylan Farrow Husband, Net Worth 2020, Daughter, Parents, Siblings, Book, Wiki, Bio, Marriage, Brother, Husband, Now, Wedding, Weight, What happened to Wanda Ferraton? Company co-founder Benoit Dageville, who also serves as chief technology officer, meanwhile, owns a $3.1 billion stake. She is VP and secretary of the Slootman Family Foundation. He also scaled the workplace back tremendously from stunning spaces in San Francisco to headquarters in San Mateo. Mr. Slootman served as CEO and President of ServiceNow from 2011 to 2017, taking the organization from around $100M in revenue, through an IPO, to $1.4B. The Dutch-born executive also reportedly receives an annual base salary of $375,000, which can be increased subject to the firms performance. That led to Data Domain. Prior to Snowflake, Slootman has served as CEO for two other companies in the last two decades, including data-storage firm Data Domain, where he worked until its takeover by EMC Corp in 2003, and cloud-service firm ServiceNow Inc. where he worked from 2011 to 2017. Blackstone's multi-billion-dollar investment windfall on dating app Bumble shows that the world's largest private equity firm is sitting on a goldmine of winning buyout deals. Snowflake plans to create a fully integrated data stack to help senior executives and their teams develop innovative solutions to fast-changing business demands. Its an impressive feat for the 8-year old software company, but everythings going fast these days anyway. Mr. Slootman served as CEO and President of ServiceNow from 2011 to 2017, taking the organization from around $100M in revenue, through an IPO, to $1.4B. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices
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