$14.99. by Frank Slootman Hardcover. Frank Slootman, CEO of Snowflake, on the day of its 2020 IPO, Sept. 16th, 2020. Hes the former [], When it comes to enterprise technology, Frank Slootman has a knack for finding the next big thing. Like "Whenever talent is in short supply, as it almost always is in Silicon Valley, betting on aptitude is a great recruiting strategy for employers, albeit a less certain one. Whatever he learned from school is probably what we should all learn. Frank Slootman currently serves as Chairman and CEO at Snowflake. ServiceNow became a publicly listed corporation in June 2012, when Frank Slootman guided the firm through a $210 million initial public offering. Mr. Slootman served as CEO and President of ServiceNow from 2011 to 2017. Frank has over 25 years of experience in the corporate software market as an entrepreneur and executive. 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. What is Frank Slootmans net worth? Snowflake co-founder Benoit Dageville, whos also chief technology officer, owns a $2.73 billion stake. He is the chief executive officer of a business called Mirakl. However, at the age of 26, Frank moved to the USA in 1984 to work for Burroughs. The list of its authors can be seen in its historical. Given this period of high growth and innovation, Blackstone is well positioned to help entrepreneurs realize their potential and execute . 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. It's a pity that Wiley didn't amp up its production quality, though - a humdrum cover makes a second-rate impression. Slootman has been there and done that before delivering amazing results for the companies that he leads. Frank has over 25 years of experience as an entrepreneur and executive in the enterprise software industry. 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. 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). Frank Slootman was born on October 3, 1958, and is 61 years old as of September 2020. . However, the details of his conjugal life are known to few. But he was [], ServiceNow (NYSE:NOW) will likely turn out to be one of this year's top IPOs. Slootmans eye-watering pay package comes partly as a result of Snowflakes skyrocketing valuation. 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. 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 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. Frank Slootman's genius is partially picking companies that have products with an extremely natural product-market fit. One of your biggest responsibilities is to stop that incremental attitude in its tracks.". Frank Slootman. 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. Prior to that, Frank was President of EMC's Backup Recovery Systems Division following the firm's 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. Not much is known about Slootmans personal life, but we do know that hes fairly young for the success hes achieved in his lifetime. [22] In September 2019, it was ranked first on LinkedIn's 2019 U.S. list of Top Startups. Some point to Snowflake's IPO as the latest and biggest example of lost billions in an IPO pop. Snowflake now has Frank Slootman as chairman and CEO. Frank Slootman's net worth is 1.6 billion USD. Given his accolades, Slootman gets invited to speak at many events. 14:42 EST 06 Dec 2020 Frank has always refrained from talking about them even in his interviews. Frank Slootman (born 1958) is a billionaire businessman, and the chairman and CEO at Snowflake Inc., a cloud data-warehousing company. [9] In June 2019, the company launched Snowflake Data Exchange. Because of their football obsession, he and his wife are raising their 3 young children in brazen, North Korea-style . I have American citizenship, which I treasure greatly, but there is no denying my Dutch roots. This article "Frank Slootman" is from Wikipedia. Frank Slootman Wife / Married By the close of Snowflake's first day . 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 . [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. 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. I never worked in Holland, but was born, raised and educated there. In his new book "Amp it Up," Slootman contends business leaders must "declare war on your competitors and incrementalism."Looked at another way, dream big, hire the right people and get after it. Carrie Johnson Pregnancy Rumours And Children Details, Find Magpie Murders PBS Cast, Release Date, Time, And More Details, Who Is Grant Gaumer, 37? For example, he made a few changes at Snowflake when he became CEO. That has helped make Chief Executive Officer Frank Slootman one of the best-paid technology executives. Frank Slootman's largest purchase order was 1,000,000 units, worth over $8.88M on December 16, 2021. Reflects change since 5 pm ET of prior trading day. Slootman previously served as CEO for Data Domain and for ServiceNow, which he both took public. Based on the current share price, once Slootmans full options package is paid out in April 2023, it will be worth around $5.2 billion. Bio: Husband, Net Worth, Married, Family. He has been involved with various companies in various ways over the course of his multi-decade career. $18.59. Between 2011 and 2017, Slootman was Chairman and CEO of ServiceNow - one of the world's leading SaaS . Snowflake CEO: Frank Slootman Wikipedia Frank Slootman has no authority Wikipedia profile to his name. In an era of founder-led tech companies, Snowflake's Frank Slootman is a corporate throwback. 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. Frank Slootman Net Worth. Slootmans pay package includes in excess of 13.7 million options each with a fixed price of $8.88. Check out the subtleties of his Wikipedia below. Here's the . In his spare time, Slootman is a keen sailor and regatta racer. Who is Frank Slootman's wife? 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. 5.9% of any company is a huge deal. Watch our CEO, Frank Slootman, on @CNBCTechCheck discuss our latest earnings https://t.co/jacWnl2Lsu, Patrick Cuba (@PatrickCuba3) May 28, 2022. Frank Slootman doesn't have an official Wikipedia profile to his name. That is, [], Bachelor of Science, Erasmus University Rotterdam, The Netherlands; Master of Science, Erasmus University Rotterdam, The Netherlands. After leaving . He cancelled the luxurious annual employee ski trip to Tahoe. 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. 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. A spokeswoman for San Mateo, California-based Snowflake declined to comment on Slootmans pay package or net worth. I need to spend the little bit of time I have left over with my family, not sailing. After that, Frank attended Erasmus University Rotterdam where he studied for more than 7 years from 1978 to 1985. [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. Who is Frank Slootmans wife? Slootman moved to Silicon Valley in 1997. His options are worth about $25 million a month at the current share price. Slootman came on board in early May 2019 and started his sterling resume in the enterprise software world. It has been suggested that he and his other half have two cubs and that his parents are from the Netherlands. 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. Snowflake plans to create a fully integrated data stack to help senior executives and their teams develop innovative solutions to fast-changing business demands. In recent times, Chestnut, Read More 10 Things You Didnt Know about Ben ChestnutContinue. Terms & Conditions. Cloud leaders including Snowflake's Frank Slootman weigh in on Jassy's new role, and predict his likely successor. An example of data being processed may be a unique identifier stored in a cookie. Wikitia is not affiliated to Wikimedia Foundation. FORTUNE may receive compensation for some links to products and services on this website. Slootman, 61, is a professional CEO. You are trying to hang on for the full 8 seconds, but some of us don't make it all the way. Also Read:Who Is Kelsey Chittick? Frank Slootman is the CEO of Snowflake, a cloud-based database company that he co-founded in 2019. And eventually, his journey led him to Data Domain. He reportedly once owned a yacht called The Invisible Hand, and won a number of international competitions. There is no information on his parents, siblings, or any other family members. West Coast racer Frank Slootman, who won the 2017 Transpac with his Pac 52 Invisible Hand, set off on a new adventure this past weekend, racing his MOD70 Snowflake in the 3,000-mile RORC Transatlantic Race.The race departed Marina Lanzarote in the Canaries on Sunday, January 8, and will finish in Port Louis, Grenada. [30], On October 17, 2022, the company announced an investment in advanced TV advertising firm OpenAP. Cloud-data warehouse Snowflake has been the talk of the town since it announced its intention of going public. 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. [12], Snowflake Inc. was founded in July 2012 in San Mateo, California by three data warehousing experts: Benot Dageville, Thierry Cruanes and Marcin ukowski. 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. Slootman was born in the Netherlands on September 3, 1958. Explore his Wikipedia details below. Some of Wikitia's pages are sourced from Wikipedia.org's Mainspace and Draftspace. [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. 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. A few months ago, Carrie was [], Snowflake CEO: Frank Slootman Wikipedia Bio Wife & Net Worth 2022. 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. 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. 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. At that time, it had 3,400 active customers. Forbes reports that Slootman became a . Its an impressive feat for the 8-year old software company, but everythings going fast these days anyway. Snowflake presently has Frank Slootman as Chairman and CEO. Explore his Wikipedia details below. 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. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()). Slootman owns around 10% of Snowflake, including his options. Frank explained. Frank has over 25 years of experience as an entrepreneur and executive in the enterprise software industry. Frank has become one of the most revered CEOs in business. Instead, hes got something equally as coola sailing boat named The Invisible Hand. Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. 0 likes. Frank Slootman is an American billionaire businessman, individual investor, technology executive, and the chairman and CEO of Snowflake a cloud-based data st. Story continues below. Frank Slootman is a cheerful harnessed man. 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. Wiki: Net Worth, Husband, Wedding, Diet, Son, Engaged, Whos Shah Rukh Khan? Also, we have no idea about his brother and sister, and we dont know their names either. Further, Frank also shed some lights on his early work experience at Burroughs. [7] It runs on Amazon S3 since 2014,[3] on Microsoft Azure since 2018[8] and on the Google Cloud Platform since 2019. Slootman was born in The Netherlands and moved to the USA in 1984 to work for Burroughs, then Compuware and software company Borland. Dageville and Cruanes previously worked as data architects at Oracle Corporation; ukowski was a co-founder of the Dutch start-up Vectorwise. 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Frank joined Snowflake in May 2019 and has since become one of their spearheads.At the time of his inauguration as CEO, he said that the company would try to offer IPOs . Now, his relationship is perfect. Frank Slootman is a cheerful harnessed man. But no CEO has a better track record of turning the ideas of others into jackpots. of enterprise software CEOs, having run DataDomain, ServiceNow, and now Snowflake, was my kryptonite! It was hard for me to work in a big company, too slow and rigid, just not inspired. Frank Slootman's net worth is 1.6 billion USD. By Frank further added the fact that he always felt like he was born in the wrong country. Perhaps thats exactly the kind of leadership that gets a million-dollar business into the realm of billions. Frank has over 25 years of experience in the corporate software market as an entrepreneur and executive. BreakAway Athletes Earn City-Wide Honors! Slootman claims about 10% of Snowflake, including his picks. Save my name, email, and website in this browser for the next time I comment. This page was last edited on 12 March 2021, at 18:12. Powered and implemented by Interactive Data Managed Solutions. Luke Kenton For Dailymail.com So not only is this CEO a winner on land; he also dominates the sea with his sailboatpretty impressive on any measure. Slootman may be someone you wouldnt be comfortable sitting face-to-face with, but hes definitely someone you can listen to in a room full of people. Your email address will not be published. This sum is more than what the CEOs of Salesforce, Oracle, and even Microsoft was making. However, at the age of 26, Frank moved to the USA in 1984 to work for Burroughs. The monster pay package is partly a result of Snowflakes surging valuation. While some in Silicon Valley warn of a backlash, Slootman's main concern is winning. 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. Having run a number of global software companies, I appreciate the scope of resources that Blackstone can bring to high-growth technology companies. We have no more Information about his Father; we will try to collect information and update soon. His reported total compensation for 2019 was higher than that of the CEOs of Microsoft, Oracle, and Salesforce, according to Business Insider. 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. That has helped make Chief Executive Officer Frank Slootman one of the best-paid technology executives. He believed that the storage market was about to undergo a major shift. 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. But we are trying hard to collect all the information about him and will update you soon. A compensation package he received . Amp It Up: Leading for Hypergrowth by Raising Expectations, Increasing Urgency, and Elevating Intensity. 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. Slootman was born in the Netherlands in October 1958. The mothers name is Not Available. 5.9% of any company is a huge deal. Before accepting the Snowflake CEO job, Slootman was retired and racing sailboats competitively in the San Francisco Bay Area. 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. 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. Which was then followed by his association with Compuware and software company Borland. 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. Before that, he spent his life in Netherlands, where he was also born. If you know some information, please comment below. [18][19] In January 2018, the company announced a $263 million financing round at a $1.5 billion valuation, making it a unicorn. As reported by Forbes, the company has been raising billion on the ongoing pandemic and its shares are crossing more than $30 billion. I will return to it at some point.. As reported by Forbes, the company has been raising billion on the ongoing pandemic and its shares are crossing more than $30 billion. Frank Slootman aboard his prior vessel, Invisible Hand, a Reichel/Pugh 63. Frank Slootman is currently a married man. Chief Executive Officer Frank Slootman is reportedly reaping the benefits of the companys success, which has helped to make the 62-year-old one of the best-paid technology executives in the industry. [9][10] The company was ranked first on the Forbes Cloud 100 in 2019. 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. It pays a lot to be in the business of knowing what you do, and Slootman knows more than the rest of us when it comes to money, the market, and the software industry. 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. Save my name, email, and website in this browser for the next time I comment. Slootman owns around 10% of Snowflake, including his . CEO Frank Slootman strongly disputes the argument. 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