He believed that the storage market was about to undergo a major shift. One of your biggest responsibilities is to stop that incremental attitude in its tracks.". Frank has over 25 years of experience in the corporate software market as an entrepreneur and executive. ServiceNow has been on a tear and as they say "just killing it". Slootman was born in the Netherlands on September 3, 1958. He later told Blocks and Files in 2019: Sailing is in ones blood. Explore his Wikipedia details below. Dageville and Cruanes previously worked as data architects at Oracle Corporation; ukowski was a co-founder of the Dutch start-up Vectorwise. After the Data Domain acquisition, Slootman spent two years inside EMC as president of the Backup and Recovery Systems Division. She is the Slootman Family Foundation's vice president and secretary. . Snowflake plans to create a fully integrated data stack to help senior executives and their teams develop innovative solutions to fast-changing business demands. Slootman was born in The Netherlands and moved to the USA in 1984 to work for Burroughs, then Compuware and software company Borland. He also scaled the workplace back tremendously from stunning spaces in San Francisco to headquarters in San Mateo. By Snowflake Shares Soar 115% In Red-Hot IPO, Minting Three New Billionaires, How much Snowflake CEO Frank Slootman made in 2019 - Business Insider, Snowflake CEO Collects a $95 Million Payout Every Month, Frank Slootman is the biggest Snowflake of them all Blocks and Files. ServiceNow turned into an openly registered company in June 2012, when Frank Slootman led the company through an initial sale of shares worth $210 million. An in-house cafeteria replaced the usual catered lunch offerings, and sales representatives no longer had free reins on unexplained spending. The Dutch-born executive also reportedly receives an annual base salary of $375,000, which can be increased subject to the firms performance. Who is Frank Slootmans wife? Snowflake CEO Wikipedia Bio And Net Worth 2022. Frank Slootman is a happily married man. The book . Over the past twenty years, he has three times taken over emerging enterprise software businesses - first Data Domain, then ServiceNow, and most recently Snowflake - and led them across the chasm into large, billion-dollar businesses. This page was last edited on 12 March 2021, at 18:12. While everything about Snowflake is hot in the market, were left asking who is at the helm of it all. However, the details of his conjugal life are known to few. Tune in to hear from Steph Curry, Zoom's Eric Yuan, Snowflake's Frank Slootman, PagerDuty's Jennifer Tejada and many more in the 2020 Cloud 100 Virtual Summit livestream. Jax the Staffy is rescued after being stuck in a cave for two days, Eight people shot at Martin Luther King Day event in Florida, Kamala opts out of kneeling with Biden for Warriors photo op. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. To learn more about this, I had a chance to talk to Frank Slootman. Collin Biondo also works in the tech world as an engineer at the email-security . Save my name, email, and website in this browser for the next time I comment. This advertisement has not loaded yet, but your article continues below. Further, Frank also shed some lights on his early work experience at Burroughs. Frank Slootmans net worth is 1.6 billion USD. In his keynote speech at the company's Snowflake Summit 2022 in Las Vegas, CEO Frank Slootman explained how the company is now building on its expertise in the cloud . The consent submitted will only be used for data processing originating from this website. He published a book in 2011 called Tape Sucks. ServiceNow turned into an openly registered company in June 2012, when Frank Slootman led the company through an initial sale of shares worth $210 million. Which was then followed by his association with Compuware and software company Borland. All Rights Reserved. Frank Slootman is Chairman/CEO at Snowflake Computing Inc. See Frank Slootman's compensation, career history, education, & memberships. The company pulled off its offering in late May at $18. Many rumours related to Carrie Johnson pregnancy have been surrounding around the globe. 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. Frank has over 25 years of experience as an entrepreneur and executive in the enterprise software industry. Hes quite knowledgeable in the market industry, and he doesnt confuse with unnecessary jargon. [3][4], The firm offers a cloud-based data storage and analytics service, generally termed "data-as-a-service". TAPE SUCKS: Inside Data Domain, A Silicon Valley Growth Story. Olympic Athlete-Leion Gordon Joins BreakAways Training Staff. But he was [], ServiceNow (NYSE:NOW) will likely turn out to be one of this year's top IPOs. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. 10. Continue with Recommended Cookies. Presently, Frank Slootman is Chairman & Chief Executive Officer of Snowflake, Inc. He is a millionaire businessman and the chairman and CEO of Snowflake Inc. by profession. Published Apr 13, 2021. Also Read:Who Is Kelsey Chittick? 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. Frank further added the fact that he always felt like he was born in the wrong country. Slootman, 61, is a professional CEO. Frank has over 25 years of experience in the corporate software market as an entrepreneur and executive. Slootman knows exactly what he's doing. I need to spend the little bit of time I have left over with my family, not sailing. Slootman was born in Holland and holds his undergraduate and graduate degrees in economics from the Netherlands School of Economics, Erasmus University Rotterdam.. Slootman joins Instacart's . Initially expected to price shares between $75 and $85, the company went public at $120, catapulting up to $300 in its first day of trading. Snowflake is Slootmans third IPO. We cant say their name. The reason for which he describes as, The energy, buoyancy, and temperament in this country greatly appeal to me. Beyond. Brenda Lynne Slootman, his better half, is his soul mate. [9] In June 2019, the company launched Snowflake Data Exchange. Frank served as President of the Backup Recovery Systems Division at EMC following the acquisition of Data Domain Corporation/Data Domain, Inc., where he served as the Chief Executive Officer and President, leading the company through an IPO to its acquisition by EMC for $2.4B. [3] [4] The firm offers a cloud-based data storage and analytics service, generally termed "data-as-a-service". 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 In October 2014, it raised $26 million and came out of stealth mode, being used by 80 organizations. In the past Mr. Slootman occupied the position of Chairman at ServiceNow, Inc., Principal at Compuware Corp., General Manager for Ecosystems SRL, Partner . This article "Frank Slootman" is from Wikipedia. We have no more Information about his Father; we will try to collect information and update soon. He was back at it two years later as chairman of enterprise software firm ServiceNow, which he led to an IPO in 2012. This site uses Akismet to reduce spam. His options are worth about $25 million a month at the current share price. FORTUNE may receive compensation for some links to products and services on this website. It has certainly worked well for himself, for the companies hes worked under, the many investors that have poured money in his name, and so forth. Snowflake presently has Frank Slootman as Chairman and CEO. [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. Terms & Conditions. 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. BreakAway Athletes Earn City-Wide Honors! With $80 billion Snowflake, the biggest software IPO ever, hes rewritten the playbook. But no CEO has a better track record of turning the ideas of others into jackpots. "Comments I made during a media interview last week may have led some to infer that I believe that diversity and merit are . He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language. Dhruv Saxena is the CEO of ShipBob, which offers fulfillment services for online businesses. As reported by Forbes, the company has been raising billion on the ongoing pandemic and its shares are crossing more than $30 billion. Cloud leaders including Snowflake's Frank Slootman weigh in on Jassy's new role, and predict his likely successor. All rights reserved. Similar is the scenario with his married life. Frank Slootman doesn't have an official Wikipedia profile to his name. Before accepting the Snowflake CEO job, Slootman was retired and racing sailboats competitively in the San Francisco Bay Area. Slootman, who moved to California during the website explosion for a situation at Compuware and later worked at Borland Software, had his third IPO. Frank's wife, Brenda, who is also 61 years old, is the Vice President and Secretary of the Slootman Family Foundation. After that, Frank attended Erasmus University Rotterdam where he studied for more than 7 years from 1978 to 1985. Frank Slootman. Frank Slootman is the CEO of Snowflake, a cloud-based dataset organization he helped build in 2019. [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. 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. He owns 5.9% of Snowflake. However, Baszucki is best-known for being the CEO of Roblox Corporation, which, Read More 10 Things You Didnt Know about David BaszuckiContinue, Erez Galonska is the CEO of Infarm. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Snowflake Inc. Chief Executive Officer Frank Slootman said the cloud software maker needs to focus more on merit when hiring and promoting employees rather than diversity goals, even as it takes steps to boost opportunities for workers. He is the chairman and CEO of Snowflake Inc., a cloud data-warehousing firm, and a rich businessman by profession. This sum is more than what the CEOs of Salesforce, Oracle, and even Microsoft was making. Brenda, who is 61, is the Vice President and Secretary of the Slootman Family Foundation. Many in the emerging tech sector would name Frank Slootman easily because of the kind of substance he gives when he speaks. This is especially true in the enterprise technology space. My guest today is Frank Slootman, Chairman and CEO of cloud platform Snowflake. They are in relation from previous few years of a strong relationship. Slootmans style of leadership is not gentle at all. On Wednesday, the cloud-computing company reported that third-quarter revenue more than doubled from a year earlier, and its stock has surged 183% to $339.89 since its Sept. 15 initial public offering. 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. In an era of founder-led tech companies, Snowflake's Frank Slootman is a corporate throwback. The scramble isnt over, and many who missed the opening also missed on the double growth just off the gate. Frank Slootman is the CEO of Snowflake, a cloud-based database company that he co-founded in 2019. The Silent Wife (Signed . All Rights Reserved. 2022 Fortune Media IP Limited. Snowflake is the third CEO gig for the Dutch-born Slootman in less than 20 years. In October 2018, about six months before Slootman joined and negotiated his compensation, the company raised funds at a valuation of about $3.5 billion. Afterwards, he attended Erasmus University Rotterdam where he studied for more than seven years. Wiki: Net Worth, Husband, Wedding, Diet, Son, Engaged, Whos Shah Rukh Khan? The list of its authors can be seen in its historical. But we are trying hard to collect all the information about him and will update you soon. Snowflake CEO Frank Slootman could be seen as a true American success story.Slootman came to the U.S. from the Netherlands in 1984 with $100 or so in his pocket. He cuts back where he sees fit. Frank Slootman, CEO of @SnowflakeDB sat down with @CNBC and @Livongo to discuss how to move #AI and #ML from theory into practice. He knows what problems exist in his field today, and he knows how to address them as well. After all, he has experience on his side. 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. Story continues below. Its an impressive feat for the 8-year old software company, but everythings going fast these days anyway. 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. So not only is this CEO a winner on land; he also dominates the sea with his sailboatpretty impressive on any measure. he earned his bachelors and masters degrees in economics at Erasmus University Rotterdams Netherlands School of Economics. Frank Slootman, Amp It Up: Leading for Hypergrowth . Author And Journalist Career In Nutshell, Who Is Kelsey Chittick? Nine months ago, Frank Slootman stepped onto the business equivalent of a bullet train when he joined the cloud-based data warehousing company Snowflake.The San Mateo company - fresh off a $450 . Slootman is a hands-on guy and this book is a highly readable and enjoyable tour through his hands-on CEO toolkit. Franks wife, Brenda, who is also 61 years old, is the Vice President and Secretary of the Slootman Family Foundation. Snowflake filed for an IPO on September 16, 2020, offering 28 million shares for $3.4 billion, making it the biggest software IPO in history. Its none other than CEO Frank Slootman, and here are 10 things about the guy behind the current Snowflake craze. After ServiceNow creator Fred Luddy ventured out in 2011, the organization announced it had Frank Slootman as CEO. Slootman and his wife, Brenda Crinson Biondo Slootman, a retired graphic designer, have two sons, Collin and Taylor. Whatever he learned from school is probably what we should all learn. In his spare time, Slootman is a keen sailor and regatta racer. Amp it up and the results will follow. Slootman claims about 10% of Snowflake, including his picks. 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. The mothers name is Not Available. Frank Slootman is the CEO of Snowflake, a cloud-based database company that he co-founded in 2019. 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. Snowflake Inc. is a cloud computing -based data cloud company based in Bozeman, Montana. Frank Slootman (born 1958) is a billionaire businessman, and the chairman and CEO at Snowflake Inc., a cloud data-warehousing company. 2023 Forbes Media LLC. I was never a mainframe guy. 5.9% of any company is a huge deal. [7] It runs on Amazon S3 since 2014,[3] on Microsoft Azure since 2018[8] and on the Google Cloud Platform since 2019. We have no information about his girlfriend/boyfriend. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Furthermore, he is the companys CEO, meaning that he is the one responsible for overseeing its operations. He was back at it two years later as chairman of enterprise software firm ServiceNow, which he led to an IPO in 2012. Photo by Christie Hemm Klok/The Forbes Collection. She is the Slootman Family Foundations vice president and secretary. by Laura Draper, Head of Content. In a 2017 interview with Dutch language publication Nautique, Slootman told the outlet: Regatta racing is the only thing that completely unplugs my mind from business pursuits.. In the mid 80s I tried to hire on out of school with IBM, they were the gold standard back then in the so-called computer industry. Reflects change since 5 pm ET of prior trading day. Snowflake filed for an IPO on September 16, 2020, offering 28 million shares for $3.4 billion, making it the biggest software IPO in history. There is usually more performance and efficiency to be gained from your existing staff, before you take the path of least resistanceunplanned, incremental growth, leading to mediocrity and waste. However, at the age of 26, Frank moved to the USA in 1984 to work for Burroughs. The oil and gas sector is a bit of a laggard, when it comes to digital process optimization and wider adoption of IT services management or ITSM, according to the chief executive of one of the biggest players in the industry. Slootman is going to take Snowflake for quite the ride, and you have to decide whether youre getting in his car or not. The walls are closing in on corporate employees as CEOs at Disney and Starbucks demand that workers start returning to A decades-long broken economy screwed over millennials, and their decision to delay having kids is fueling Americas Up from here? Best of luck to Frank Slootman's #SNOWFLAKE (USA), an entrant in the #RolexMiddleSeaRace with a start in Grand Harbour, Malta on October 22, 2022. Liked by Frank Slootman Please help to demonstrate the notability of the topic by citing, Learn how and when to remove this template message, https://xconomy.com/san-diego/2011/04/26/service-now-names-software-industry-veteran-frank-slootman-as-ceo/, https://www.businessinsider.com/servicenow-frank-slootman-interview-2012-8, https://www.forbes.com/sites/tomtaulli/2019/06/05/snowflake-the-ai-force-multiplier/amp/, https://www.cnbc.com/2020/09/16/snowflake-snow-opening-trading-on-the-nyse.html, article "Frank Slootman" is from Wikipedia, https://wikitia.com/index.php?title=Frank_Slootman&oldid=81954. He is the chief executive officer of a business called Mirakl. I will return to it at some point.. Its been suggested that he and his wife have two children and that his parents are from Holland. Saxena co-founded the company with Divey Gulati, and later they sought the help of Jivko Bojinov, who is sometimes cited as, Read More 10 Things You Didnt Know about Dhruv SaxenaContinue, David Baszucki is an American businessman. Your email address will not be published. He served as the company's CEO for six years. He also gets a $375,000 annual base salary, which can go higher depending on the firms performance. [2], In May 2019, Frank Slootman joined Snowflake Inc. as its CEO. Snowflake CEO: Frank Slootman Wikipedia Frank Slootman has no authority Wikipedia profile to his name. Then followed by his association with Compuware and software company, but everythings going fast days! Also works in the tech world as an entrepreneur and executive many rumours related to Carrie Johnson have... He served as the company launched Snowflake data Exchange afterwards, he is the vice president and secretary of Slootman! 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To take Snowflake for quite the ride, and he doesnt confuse with unnecessary jargon the! No more information about him and will update you soon out in 2011 called Tape Sucks inside. Getting in his field today, and website in this country greatly appeal to.. About his Father ; we will try to collect information and update soon Chief executive Officer of business! Scaled the workplace back tremendously from stunning spaces in San Francisco to headquarters in San Bay... In less than 20 years: inside data Domain acquisition, Slootman was born in Netherlands! Scramble isnt over, and even Microsoft was making Snowflake, a Silicon Valley Growth Story firm, the!
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