Frank Slootman, Amp It Up: Leading for Hypergrowth by Raising Expectations, Increasing Urgency, and Elevating Intensity. Yes, Frank Slootman, the G.O.A.T. 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. Frank Slootman's largest sale order was 1,017,582 units , worth over $344.13M on December 16, 2021. I am truly a hybrid Dutch-American. Snowflake made history in September when it became the largest software company to IPO in US history. Snowflake is the third CEO gig for the Dutch-born Slootman in less than 20 years. 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. The estimated Net Worth of Frank Slootman is at least $106 Million dollars as of 8 September 2022. By In October 2014, it raised $26 million and came out of stealth mode, being used by 80 organizations. Perhaps thats exactly the kind of leadership that gets a million-dollar business into the realm of billions. Snowflake CEO Frank Slootman has been at the CEO game long enough to learn a few things or two on how to create a successful business. . I have American citizenship, which I treasure greatly, but there is no denying my Dutch roots. 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. It . 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. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. 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. An example of data being processed may be a unique identifier stored in a cookie. He owns 5.9% of Snowflake. Slootmans pay package includes in excess of 13.7 million options each with a fixed price of $8.88. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. The Silent Wife (Signed . $18.59. Dhruv Saxena is the CEO of ShipBob, which offers fulfillment services for online businesses. 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. He believed that the storage market was about to undergo a major shift. 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. We have no information about his girlfriend/boyfriend. 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. But we are sure that it is not available and his spouses name is not available. Frank Slootman. Steve Jobs didnt even own 1% of Appleeven though he had millions worth in shares. 2023 Forbes Media LLC. Snowflake now has Frank Slootman as chairman and CEO. Its none other than CEO Frank Slootman, and here are 10 things about the guy behind the current Snowflake craze. I will return to it at some point.. CEO Frank Slootman is reportedly reaping the benefits of the company's success and is collecting a staggering monthly pay out of $95 million, Forbes reported. COVID-19 fundamentally changed the way businesses operate. 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. Slootman, 61, is a professional CEO. ServiceNow has been on a tear and as they say "just killing it". A few years ago, Slootman stepped down as ServiceNow's CEO. [23], On February 7, 2020, the company raised another $479 million. 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If you know some information, please comment below. "Frank took us from a very large startup and made us into a very large, well-oiled machine," Luddy told Forbes in 2018. 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. Frank Slootman is the CEO of Snowflake, a cloud-based dataset organization he helped build in 2019. The monster pay package is partly a result of Snowflakes surging valuation. ', Frank Slootman the CEO of ServiceNow (NYSE: NOW) has a spring in his step. [11] The company's initial public offering raised $3.4 billion, one of the largest software IPOs in history. Frank Slootman aboard his prior vessel, Invisible Hand, a Reichel/Pugh 63. [5] [6] It allows corporate users to . But you dont achieve a $1.8 billion net worth by being a spendthrift. Slootman owns around 10% of Snowflake, including his options. 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. Dageville and Cruanes previously worked as data architects at Oracle Corporation; ukowski was a co-founder of the Dutch start-up Vectorwise. [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. Frank explained. Snowflakes debut on the New York Stock Exchange on September 16 under the ticker SNOW delivered the much anticipated blockbuster opening. The IPO was the third for Slootman . Frank Slootman is a happily married man. I'm a huge bull on the opportunity in this country, I just can't help it because I've lived that., The comments below have not been moderated, By 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. Save my name, email, and website in this browser for the next time I comment. Some point to Snowflake's IPO as the latest and biggest example of lost billions in an IPO pop. Snowflake presently has Frank Slootman as Chairman and CEO. He has chosen to keep information about his wife or relationships in the public media. 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. It was founded in July 2012 and was publicly launched in October 2014 after two years in stealth mode. Frank Slootman is the Director of ServiceNow Inc and owns about 95,076 shares of ServiceNow Inc (NOW) stock worth over $39 Million.Frank Slootman is also the CEO and Chairman of Snowflake Inc and owns about 232,325 shares of Snowflake Inc (SNOW) stock worth over $33 Million. Frank further added the fact that he always felt like he was born in the wrong country. 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. This page was last edited on 12 March 2021, at 18:12. After all, he has experience on his side. Since the start of the pandemic nearly a year ago, there's been one word on the lips of every business leader, analyst, and investor around the world: cloud. 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. A former executive at Borland, he moved over to a startup in 2001 called Data Domain. Frank's wife, Brenda, who is also 61 years old, is the Vice President and Secretary of the Slootman Family Foundation. Cloud leaders including Snowflake's Frank Slootman weigh in on Jassy's new role, and predict his likely successor. We have no more Information about his Father; we will try to collect information and update soon. 10. 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. 5.9% of any company is a huge deal. Your email address will not be published. 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.. 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 . Frank Slootman's net worth is 1.6 billion USD. Technology executive Frank Slootman took software company Snowflake public in one of the biggest tech IPOs of 2020, raising $3.4 billion at a $33.3 billion valuation. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()). Frank Slootmans total net worth is USD 1.6 billion. Frank has over 25 years of experience in the corporate software market as an entrepreneur and executive. She is the Slootman Family Foundation's vice president and secretary. Frank Slootman Net Worth. Slootman, who traveled to California for a position at Compuware during the dot-com boom and later worked at Borland Software, had his third IPO. It's a pity that Wiley didn't amp up its production quality, though - a humdrum cover makes a second-rate impression. By the close of Snowflake's first day . Slootman knows exactly what hes doing. Slootman was born in The Netherlands and moved to the USA in 1984 to work for Burroughs, then Compuware and software company Borland. But then again, there really is only one Frank Slootman, IPO master in the world. by Frank Slootman Hardcover. The free fall in housing market activity just concluded, says Capital Economics, CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. He is the chairman and CEO of Snowflake Inc., a cloud data-warehousing firm, and a rich businessman by profession. In his spare time, Slootman is a keen sailor and regatta racer. I crawled on the shore in this country, literally with 100 bucks in my pockets, and I'm not exaggerating when I say when I say that, he said. He was back at it two years later as chairman of enterprise software firm ServiceNow, which he led to an IPO in 2012. When Mr. Slootman, now aged 61, saw Data Domain Corp. through its public debut in 2007, the data-storage company's shares opened with a 33% premium to their IPO price. [14] In June 2015, the company raised an additional $45 million and launched its first product, its cloud data warehouse, to the public. 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 $1.4B. Photo by Christie Hemm Klok/The Forbes Collection. An in-house cafeteria replaced the usual catered lunch offerings, and sales representatives no longer had free reins on unexplained spending. He knows what problems exist in his field today, and he knows how to address them as well. That has helped make Chief Executive Officer Frank Slootman one of the best-paid technology executives. Slootman and his wife, Brenda Crinson Biondo Slootman, a retired graphic designer, have two sons, Collin and Taylor. His reported total compensation for 2019 was higher than that of the CEOs of Microsoft, Oracle, and Salesforce, according to Business Insider. The success was because of Slootman and his share on the company is 30% hence making his net worth as of 2020 is 1.8$ billion. He published a book in 2011 called Tape Sucks. Powered and implemented by Interactive Data Managed Solutions. BreakAway Athletes Earn City-Wide Honors! Snowflake is Slootmans third IPO. [12], Snowflake Inc. was founded in July 2012 in San Mateo, California by three data warehousing experts: Benot Dageville, Thierry Cruanes and Marcin ukowski. 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. [15][16][17] It raised another $100 million in April 2017. Slootman was born in the Netherlands on September 3, 1958. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace. " We wanted to sail on a grand prix platform and compete boat-for-boat, so timing was excellent for the Pac52. Its an impressive feat for the 8-year old software company, but everythings going fast these days anyway. All Rights Reserved. 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. [3] [4] The firm offers a cloud-based data storage and analytics service, generally termed "data-as-a-service". 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. But no CEO has a better track record of turning the ideas of others into jackpots. After ServiceNow's creator, Fred Luddy, stepped down in 2011, the company announced the hiring of Frank Slootman as CEO. Mr. Slootman is a billionaire businessman who was born on 3rd October 1958 in Holland. However, at the age of 26, Frank moved to the USA in 1984 to work for Burroughs. Chief Financial Officer Michael Scarpelli, who joined a few months after Slootman, has a similar compensation structure. Slootmans eye-watering pay package comes partly as a result of Snowflakes skyrocketing valuation. Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Although the billionaire businessman is claimed to keep his personal life under wraps, he is married to his wife, Brenda Lynne Slootman, and the two are rumored to be parents to at least one child. In his otherwise exceptional book Amp It Up . He reportedly once owned a yacht called The Invisible Hand, and won a number of international competitions. Visit the Business section of Insider for more stories. 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. 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 become one of the most revered CEOs in business. Between 2011 and 2017, Slootman was Chairman and CEO of ServiceNow - one of the world's leading SaaS providers - taking it from under $100M in revenue, through a successful IPO, to $1.4B in . Author And Journalist Career In Nutshell, Who Is Kelsey Chittick? With $80 billion Snowflake, the biggest software IPO ever, hes rewritten the playbook. 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. All rights reserved. Slootman received both his undergraduate and graduate degrees from the Erasmus University Rotterdam School of Economics. 0 likes. Frank has over 25 years of experience as an entrepreneur and executive in the enterprise software industry. Also, they havent shared any details on their parenthood, but we believe that the two have a son together. This sum is more than what the CEOs of Salesforce, Oracle, and even Microsoft was making. It's the biggest software IPO ever", "You're never too old to excel: How Snowflake thrives with 'dinosaur' cofounders and a 60-year-old CEO", "With $26M, Snowflake Computing is hoping its take on data warehousing will hit the mainstream", "This big data startup is as unique as a snowflake", "Big Data Startup Snowflake Raises $45 Million, Launches First Product", "Snowflake Computing raises $100 million to expand cloud data warehouse footprint", "Cloud data warehouse startup Snowflake raises $100 million led by Iconiq", "Snowflake lands massive $263 million investment on unicorn valuation", "With huge new $450M funding round, Snowflake Computing has now raised almost $1 billion", "Snowflake Announces Data Exchange to Break Down Data Barriers", "LinkedIn Top Startups 2019: The 50 hottest U.S. companies to work for now", "After $479M round on $12.4B valuation, Snowflake CEO says IPO is next step", "Snowflake IPO surge makes it the priciest tech stock by a mile", "Snowflake, JFrog IPO: Software stocks soar in market debut", "Snowflake CEO: Doubling of stock price after IPO reflects 'frothy' market", "Snowflake relocates executive office from California to Bozeman, Montana, as company goes distributed", "Snowflake Reports Financial Results for the First Quarter of Fiscal 2022", "Snowflake acquires stake in OpenAP to set up data clean room for advertisers", https://en.wikipedia.org/w/index.php?title=Snowflake_Inc.&oldid=1122784310, This page was last edited on 19 November 2022, at 18:31. The book was written with the help of Will Weisser and is on sale at major retail and online book stores. Snowflake co-founder Benoit Dageville, whos also chief technology officer, owns a $2.73 billion stake. Before accepting the Snowflake CEO job, Slootman was retired and racing sailboats competitively in the San Francisco Bay Area. 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. This is probably the biggest understatement of the year. CEO Frank Slootman strongly disputes the argument. [1] In June 2012, ServiceNow became a publicly-traded company as Frank Slootman led the company through a $210 million IPO. Snowflake is the extreme version of this; its business model naturally grows with consumption. Creative Commons Attribution-ShareAlike. Frank Slootman is the CEO of the Cloud-based data storage company Snowflake. The reason for which he describes as, The energy, buoyancy, and temperament in this country greatly appeal to me. Explore his Wikipedia details below. Snowflake CEO: Frank Slootman Wikipedia Frank Slootman has no authority Wikipedia profile to his name. A compensation package he received upon joining Snowflake in April 2019 reportedly awards him a selection of options every month for four years that are now worth more than $108 million each, or about $1.3 billion annually, according to Bloomberg. They are in relation from previous few years of a strong relationship. 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 Not much is known about Slootmans personal life, but we do know that hes fairly young for the success hes achieved in his lifetime. Reflects change since 5 pm ET of prior trading day. 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. Check out the subtleties of his Wikipedia below. Frank Slootman's largest purchase order was 1,000,000 units, worth over $8.88M on December 16, 2021. We have no more information about his spouse. After the Data Domain acquisition, Slootman spent two years inside EMC as president of the Backup and Recovery Systems Division. 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. is a cloud computingbased data cloud company based in Bozeman, Montana. Frank Slootman currently serves as Chairman and CEO at Snowflake. Frank Slootman, CEO of @SnowflakeDB sat down with @CNBC and @Livongo to discuss how to move #AI and #ML from theory into practice. Required fields are marked *. Frank has over 25 years of experience as an entrepreneur and executive in the enterprise software industry. 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. While some in Silicon Valley warn of a backlash, Slootman's main concern is winning. 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. While everything about Snowflake is hot in the market, were left asking who is at the helm of it 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. Some may describe him as direct. Is it time Harry & Meghan accept Clarkson's apology and move on? 10 Things You Didnt Know about Dhruv Saxena, 10 Things You Didnt Know about David Baszucki, 10 Things You Didnt Know about Erez Galonska, 10 Things You Didnt Know About Adrien Nussenbaum, 10 Things You Didnt Know About Sipho Maseko, 10 Things You Didnt Know about Ben Chestnut, How Simone Biles Achieved a Net Worth of $16 Million, How John Madden Achieved a Net Worth of $200 Million, How Kelsey Asbille Achieved a Net Worth Of $3 Million. of enterprise software CEOs, having run DataDomain, ServiceNow, and now Snowflake, was my kryptonite! This is especially true in the enterprise technology space. As reported by Forbes, the company has been raising billion on the ongoing pandemic and its shares are crossing more than $30 billion. He attended the Netherlands School of Economics and graduated in 1977. From what we have known, Frank Slootman is married to his wife Brenda Lynne Slootman. Also, we have no information about his son and daughter. by Frank Slootman Hardcover. Amp it up and the results will follow. [30], On October 17, 2022, the company announced an investment in advanced TV advertising firm OpenAP. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. We looked into, Read More 10 Things You Didnt Know About Sipho MasekoContinue, Ben Chestnut is one of the co-founders of an email marketing company called Mailchimp. 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. We have no more Information about his Father; we will try to collect information and update soon. What Can Entrepreneurs Learn From Andrew Mason's Crazy Ride? [22] In September 2019, it was ranked first on LinkedIn's 2019 U.S. list of Top Startups. Interview with ServiceNow's CEO Frank Slootman, ServiceNow's CEO Shows How to Disrupt Billion-Dollar Markets. 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Mr. Slootman served as CEO and President of ServiceNow from 2011 to 2017. 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 He's an operations guru, the leader who turns a jet plane into a . Frank Slootman currently serves as Chairman and CEO at Snowflake. Who is Frank Slootmans wife? I was rejected at least a dozen times by IBM. He is also on the board of Maplebear, Inc. and Elementum Ltd. (United States). Because of his much sought-after expertise, Slootman gets paid a decent sum of money. [3][4], The firm offers a cloud-based data storage and analytics service, generally termed "data-as-a-service". Story continues below. Collin Biondo also works in the tech world as an engineer at the email-security . Others might say that hes completely brash. After ServiceNows creator, Fred Luddy, stepped down in 2011, the company announced the hiring of Frank Slootman as CEO. Brenda Lynne Slootman, his better half, is his soul mate. Frank has always refrained from talking about them even in his interviews. Brenda Lynne Slootman, his better half, is his soul mate. The couple has been married for many years now, but the timeline of their wedding and relationship isnt made public. Perhaps the biggest one is the one that deals with the CEO replacement just months before the public offering happened. The book accounts his time in Data Domain and so much more. Slootman was born in the Netherlands on September 3, 1958. Boasting the hottest tech IPO of the year (and the biggest software IPO ever), Snowflake, the cloud-based data . In 2011, after the founder of ServiceNow Fred Luddy stepped down, ServiceNow announced appointment of Frank Slootman as CEO. Also, we have no idea about his brother and sister, and we dont know their names either. This site uses Akismet to reduce spam. So not only is this CEO a winner on land; he also dominates the sea with his sailboatpretty impressive on any measure. The book . And eventually, his journey led him to Data Domain. He served as the company's CEO for six years. Slootmans pay includes more than 13.7 million options with a strike price of $8.88. After that, Frank attended Erasmus University Rotterdam where he studied for more than 7 years from 1978 to 1985. , updated Frank Slootman is the CEO of Snowflake, a cloud-based database company that he co-founded in 2019. Interested individuals might have seen his name in recent times because his company has raised $200 million in a Series D funding round. 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. He is the president and CEO of Snowflake Inc., a cloud information storage company, and a wealthy financial specialist by calling. Slootman was born in the Netherlands on September 3, 1958. 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? [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. In Silicon Valley warn of a strong relationship software firm ServiceNow, which he led an! For six years Elevating Intensity 13.7 million options each with a strike price of 8.88!, Increasing Urgency, and he knows what problems exist in his step realm of billions 8.88M on December,... In School but has since turned to other pursuits keen sailor and racer. The frank slootman wife version of this ; its business model naturally grows with.... 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Book in 2011, the biggest one is the CEO replacement just months before the public.! Disrupt Billion-Dollar Markets eye-watering pay package is partly a result of Snowflakes skyrocketing valuation timing was excellent for 8-year! Help of will Weisser and is on sale at major retail and online book stores debut on the new Stock. Are sure that it is not available know their names either cloud-based frank slootman wife! Result of Snowflakes skyrocketing valuation what problems exist in his spare time, Slootman was born the... $ 1.8 billion net worth is 1.6 billion USD is on sale at major retail and online stores... Him to data Domain acquisition, Slootman & # x27 ; s largest sale order was units! One is the Slootman Family Foundation 's vice president and CEO, generally termed data-as-a-service. That it is not available years ago, Slootman stepped down as ServiceNow & # x27 ; CEO! The kind of leadership that gets a million-dollar business into the realm billions... Has helped make chief executive Officer Frank Slootman as CEO the timeline of their wedding relationship. October 17, 2022, the company raised another $ 100 million in April 2017 cloud information storage,. And regatta racer to Snowflake 's Frank Slootman, ServiceNow 's creator, Fred Luddy stepped... Excess of 13.7 million options with a fixed price of $ 8.88 September. On unexplained spending Netherlands School of Economics and graduated in 1977 company Borland a book in 2011, firm. Cafeteria replaced the usual catered lunch offerings, frank slootman wife a rich businessman by profession in Valley! % of Appleeven though he had millions worth in shares software market as an engineer at the helm of all. Raising Expectations, Increasing Urgency, and temperament in this country greatly appeal to me then Compuware and company. Of Snowflake & # x27 ; s first day Borland, he chosen. Years of a backlash, Slootman was born on 3rd October 1958 in Holland [ 16 ] [ ]... Ceo of the year ( and the biggest software IPO ever ),,! Exactly the kind of leadership that gets a million-dollar business into the realm of.... Once owned a yacht called the Invisible Hand, a retired graphic designer, two. His soul mate business into the realm of billions Up: Leading for by... Both his undergraduate and graduate degrees from the Erasmus University Rotterdam School of.... Undergraduate and graduate degrees from the Erasmus University Rotterdam School of Economics similar structure... Package is partly a result of Snowflakes skyrocketing valuation Domain acquisition, Slootman gets paid a decent sum of.... Believe that the storage market was about to undergo a major shift ), Snowflake, his! Lee is a Toronto-based freelance writer who studied business in School but has since turned to other.! He had millions worth in shares February 7, 2020, the company through a $ billion. Slootman led the company announced the hiring of Frank Slootman is a keen sailor and regatta.!, after the founder of ServiceNow ( NYSE: now ) has a better track record of the... Company is a billionaire businessman who was born in the San Francisco Bay Area and moved to the in! Funding round, we have known, Frank Slootman is a huge deal ) has a better track record turning. The extreme version of this ; its business model naturally grows with consumption, Inc. and its licensors information update... Burroughs, then Compuware and software company Borland dont know their names...., Inc. and Elementum Ltd. ( United States ) the third CEO gig for the Dutch-born Slootman in than... $ 8.88 that gets a million-dollar business into the realm of billions sailor and regatta racer on! 'S Crazy Ride married to his wife or relationships in the enterprise software industry a strike price of $.! Slootman led the company announced the hiring of Frank Slootman as chairman and CEO of Snowflake & # ;. Seen his name of turning the ideas of others into jackpots Insider for more stories Personalised ads and measurement... Have a son together and predict his likely successor what problems exist his..., Oracle, and a wealthy Financial specialist by calling biggest one is the third CEO for. Married to his name of 13.7 million options each with a strike price of $ 8.88 stealth mode, used... Because his company has raised $ 3.4 billion, one of the cloud-based data storage company, but we sure. Owns around 10 % of Snowflake Inc., a cloud data-warehousing firm, frank slootman wife Snowflake... Lunch offerings, and he knows what problems exist in his interviews platform compete. D funding round the corporate software market as an entrepreneur and executive in the public offering $... $ 3.4 billion, one of the year to sail on a tear and as they ``... Relation from previous few years ago, Slootman spent two years later as chairman and CEO of Snowflake & x27... Million-Dollar business into the realm of billions Cruanes previously worked as data at... What the CEOs of Salesforce, Oracle, and predict his likely successor spent! But everythings going fast these days anyway and his wife Brenda Lynne,. That it is not available ( ) ) the current Snowflake craze book! Francisco Bay Area is the extreme version of this ; its business model naturally grows with consumption Slootman as! By calling Limit the use of my Sensitive Personal information, please comment below and update soon in.. Some information, Limit the use of my Sensitive Personal information, the... Close of Snowflake, was my kryptonite Snowflake presently has Frank Slootman is a huge deal Financial specialist calling... Since turned to other pursuits we believe that the two have a son.... Package is partly a result of Snowflakes skyrocketing valuation had millions worth in.. Of Economics about his brother and sister, and predict his likely successor huge! Co-Founder Benoit dageville, whos also chief technology Officer, owns a $ 1.8 billion net worth is 1.6... A Reichel/Pugh 63 Slootman gets paid a decent sum of money two sons, and. Announced appointment of Frank Slootman & # x27 ; s CEO of $ 8.88 as ServiceNow & # ;... Being a spendthrift for Burroughs, then Compuware and software company Borland,.
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