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. $14.99. Slootman is a hands-on guy and this book is a highly readable and enjoyable tour through his hands-on CEO toolkit. In an era of founder-led tech companies, Snowflake's Frank Slootman is a corporate throwback. Once the full options package is paid out in early 2023, it would be worth about $4.5 billion at the current stock price. 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. TAPE SUCKS: Inside Data Domain, A Silicon Valley Growth Story. Frank Slootman's net worth is 1.6 billion USD. 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). 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. And eventually, his journey led him to Data Domain. Boasting the hottest tech IPO of the year (and the biggest software IPO ever), Snowflake, the cloud-based data . But he was [], ServiceNow (NYSE:NOW) will likely turn out to be one of this year's top IPOs. Because of their football obsession, he and his wife are raising their 3 young children in brazen, North Korea-style . I was never a mainframe guy. ServiceNow became a publicly listed corporation in June 2012, when Frank Slootman guided the firm through a $210 million initial public offering. Forbes reports that Slootman became a . Slootman applies this philosophy in the workplace as well. Two years later, he was back at it again as chairman of enterprise software business ServiceNow, which he guided to a 2012 IPO. All Rights Reserved. Slootman came on board in early May 2019 and started his sterling resume in the enterprise software world. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace. After he . Also Read:Who Is Kelsey Chittick? By the close of Snowflake's first day . He cancelled the luxurious annual employee ski trip to Tahoe. The list of its authors can be seen in its historical. While most CEOs would be described as the person who would take their company to the moon, Slootman has been referred to as the person who would take his company to Mars. SAN MATEO, CA - May 1, 2019 - Snowflake Inc., the only data warehouse built for the cloud, today appointed Frank Slootman as its Chairman and Chief Executive Officer.Former CEO, Bob Muglia, has left the company after leading Snowflake through five years of unprecedented growth. You can hire people ahead of . Well, considering the difficulty in creating a new market, you almost certainly will have to disrupt an existing market. Slootman and his wife, Brenda Crinson Biondo Slootman, a retired graphic designer, have two sons, Collin and Taylor. He is an interesting figure who has stirred up his share of controversy. Frank Slootman's net worth is 1.6 billion USD. He is a financial tycoon specialist and the president and CEO of Snowflake Inc. by calling. Also, we have no information about his son and daughter. He is the chairman and CEO of Snowflake Inc., a cloud data-warehousing firm, and a rich businessman by profession. A few months ago, Carrie was [], Snowflake CEO: Frank Slootman Wikipedia Bio Wife & Net Worth 2022. Frank Slootman is currently a married man. It's a pity that Wiley didn't amp up its production quality, though - a humdrum cover makes a second-rate impression. Full #video here: https://t.co/ZEuq15Ykv4, Your email address will not be published. The billionaire business reportedly keeps a tight lid on his personal life, but he is married to Brenda Lynne Slootman, with the couple said to have at least one child together. With $80 billion Snowflake, the biggest software IPO ever, hes rewritten the playbook. [5] [6] It allows corporate users to . If you want to know more about this CEO, this might be the book to read. Frank Slootman, Snowflake chairman and CEO. Manage Settings Check out the subtleties of his Wikipedia below. Having run a number of global software companies, I appreciate the scope of resources that Blackstone can bring to high-growth technology companies. 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. Brenda, who is 61, is the Vice President and Secretary of the Slootman Family Foundation. Not much is known about Slootmans personal life, but we do know that hes fairly young for the success hes achieved in his lifetime. Frank further added the fact that he always felt like he was born in the wrong country. Frank Slootman is the CEO of Snowflake, a cloud-based database firm he joined in 2019 and took public in September 2020 in a blockbuster IPO. [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 his otherwise exceptional book Amp It Up . Some 36 years later, Slootman is . Your email address will not be published. In recent times, Chestnut, Read More 10 Things You Didnt Know about Ben ChestnutContinue. Frank Slootman doesn't have an official Wikipedia profile to his name. Frank Slootman is a happily married man. After the Data Domain acquisition, Slootman spent two years inside EMC as president of the Backup and Recovery Systems Division. Snowflake co-founder Benoit Dageville, whos also chief technology officer, owns a $2.73 billion stake. Snowflake is the extreme version of this; its business model naturally grows with consumption. We have no more Information about his Father; we will try to collect information and update soon. Which was then followed by his association with Compuware and software company Borland. Frank explained. 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 Slootman's largest purchase order was 1,000,000 units, worth over $8.88M on December 16, 2021. After ServiceNows creator, Fred Luddy, stepped down in 2011, the company announced the hiring of Frank Slootman as CEO. Frank has always refrained from talking about them even in his interviews. Collin Biondo also works in the tech world as an engineer at the email-security . 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. Frank Slootman currently serves as Chairman and CEO at Snowflake. Snowflake made history in September when it became the largest software company to IPO in US history. 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. The IPO was the third for Dutch-born Slootman, who moved to California for a job at Compuware in the dotcom boom, then worked at Borland Software. We have no more Information about his Father; we will try to collect information and update soon. He is also on the board of Maplebear, Inc. and Elementum Ltd. (United States). Frank Slootman is Chairman/CEO at Snowflake Computing Inc. See Frank Slootman's compensation, career history, education, & memberships. At that time, it had 3,400 active customers. He knows what problems exist in his field today, and he knows how to address them as well. After ServiceNows creator, Fred Luddy, stepped down in 2011, the company announced the hiring of Frank Slootman as CEO. Todays companies all want to achieve exponential growth and according to Frank Slootman, author of a new book for business leaders, every organization has the potential to scale to massive heights. 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 led data-storage firm Data Domain from 2003 until its takeover by EMC Corp. in 2009, then ran cloud-service . 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. I worked on the merger of Burroughs and Sperry which became Unisys. Watch our CEO, Frank Slootman, on @CNBCTechCheck discuss our latest earnings https://t.co/jacWnl2Lsu, Patrick Cuba (@PatrickCuba3) May 28, 2022. But no CEO has a better track record of turning the ideas of others into jackpots. Interested individuals might have seen his name in recent times because his company has raised $200 million in a Series D funding round. Frank Slootman is a cheerful harnessed man. Instead, hes got something equally as coola sailing boat named The Invisible Hand. However, at the age of 26, Frank moved to the USA in 1984 to work for Burroughs. Frank Slootman Wife / Married Its none other than CEO Frank Slootman, and here are 10 things about the guy behind the current Snowflake craze. 5.9% of any company is a huge deal. We and our partners use cookies to Store and/or access information on a device. He was back at it two years later as chairman of enterprise software firm ServiceNow, which he led to an IPO in 2012. He has chosen to keep information about his wife or relationships in the public media. 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 filed for an IPO on September 16, 2020, offering 28 million shares for $3.4 billion, making it the biggest software IPO in history. [1] In June 2012, ServiceNow became a publicly-traded company as Frank Slootman led the company through a $210 million IPO. 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. Snowflake's Frank Slootman doesnt start companies. It has been suggested that he and his other half have two cubs and that his parents are from the Netherlands. After ServiceNow's creator, Fred Luddy, stepped down in 2011, the company announced the hiring of Frank Slootman as CEO. [9] In June 2019, the company launched Snowflake Data Exchange. Frank Slootman aboard his prior vessel, Invisible Hand, a Reichel/Pugh 63. Fatima Goss Graves is president and CEO of the National Women's Law Center.Fatima served for more than a decade as senior vice president for program and vice president for education. About Ben ChestnutContinue if you want to know more about this CEO, this might be the book read. 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