Frank has over 25 years of experience as an entrepreneur and executive in the enterprise software industry. Required fields are marked *. Snowflake co-founder Benoit Dageville, whos also chief technology officer, owns a $2.73 billion stake. Dageville and Cruanes previously worked as data architects at Oracle Corporation; ukowski was a co-founder of the Dutch start-up Vectorwise. Its been suggested that he and his wife have two children and that his parents are from Holland. He is the chairman and CEO of Snowflake Inc., a cloud data-warehousing firm, and a rich businessman by profession. Slootmans eye-watering pay package comes partly as a result of Snowflakes skyrocketing valuation. However, the details of his conjugal life are known to few. ServiceNow became a publicly listed corporation in June 2012, when Frank Slootman guided the firm through a $210 million initial public offering. [22] In September 2019, it was ranked first on LinkedIn's 2019 U.S. list of Top Startups. Mr. Slootman served as CEO and President of ServiceNow from 2011 to 2017. 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. Explore his Wikipedia details below. It's a pity that Wiley didn't amp up its production quality, though - a humdrum cover makes a second-rate impression. 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. 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's largest purchase order was 1,000,000 units, worth over $8.88M on December 16, 2021. Frank's wife, Brenda, who is also 61 years old, is the Vice President and Secretary of the Slootman Family Foundation. This is especially true in the enterprise technology space. Frank Slootman was born on October 3, 1958, and is 61 years old as of September 2020. . Slootman came on board in early May 2019 and started his sterling resume in the enterprise software world. 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. 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 . All rights reserved. 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. This is the fundamental premise of a hard hitting new book written by Frank Slootman, CEO of Snowflake, and published earlier this year. The estimated Net Worth of Frank Slootman is at least $106 Million dollars as of 8 September 2022. 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. Instead, hes got something equally as coola sailing boat named The Invisible Hand. ServiceNow: From a Lifestyle Business to an IPO? Well, considering the difficulty in creating a new market, you almost certainly will have to disrupt an existing market. 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. Hear from Snowflake CEO Frank Slootman at @thoughtspot's #BeyondDigital20 on 12/9 as he discusses important leadership lessons he has learned and the future of data now that the pandemic has changed business forever: https://t.co/lnNhUm5J9o. He reportedly once owned a yacht called The Invisible Hand, and won a number of international competitions. Frank Slootman's net worth is 1.6 billion USD. Wiki: Net Worth, Nationality, Ethnicity, Wheres Mena Suvari today? He's an operations guru, the leader who turns a jet plane into a . 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. Brenda Lynne Slootman, his wife, is his life partner. Snowflake made history in September when it became the largest software company to IPO in US history. That has helped make Chief Executive Officer Frank Slootman one of the best-paid technology executives. He served as the company's CEO for six years. This site uses Akismet to reduce spam. 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. [15][16][17] It raised another $100 million in April 2017. In 2011, after the founder of ServiceNow Fred Luddy stepped down, ServiceNow announced appointment of Frank Slootman as CEO. As cool as it may sound, Slootman doesnt actually have a literal invisible hand. Frank Slootman is a cheerful harnessed man. Frank has been involved in the business programming market for over 25 years as a business visionary and chief. BreakAway Athletes Earn City-Wide Honors! We have no more Information about his Father; we will try to collect information and update soon. A few months ago, Carrie was [], Snowflake CEO: Frank Slootman Wikipedia Bio Wife & Net Worth 2022. Snowflake Inc. is doing well by any stretch of the imagination. [9][10] The company was ranked first on the Forbes Cloud 100 in 2019. 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. 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. In 2011, after the founder of ServiceNow Fred Luddy stepped down, ServiceNow announced appointment of Frank Slootman as CEO. Fathers name is Not Available. Some 36 years later, Slootman is . By the close of Snowflake's first day . She is the Slootman Family Foundations vice president and secretary. Brenda Lynne Slootman, his better half, is his soul mate. Frank Slootman is the CEO of Snowflake, a cloud-based database company that he co-founded in 2019. 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). This advertisement has not loaded yet, but your article continues below. That led to Data Domain. Frank Slootman, CEO of @SnowflakeDB sat down with @CNBC and @Livongo to discuss how to move #AI and #ML from theory into practice. Frank led Data Domain from the early phases to an IPO and then to a sale for $2.4 billion to EMC. You are trying to hang on for the full 8 seconds, but some of us don't make it all the way. He owns 5.9% of Snowflake. Company shares jumped just over 14 percent on Friday to $387. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace. 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 The biggest guess is that Frank Slootman simply had the track record for having previously taken data storage companies successfully out of trouble and into the future. Hes quite knowledgeable in the market industry, and he doesnt confuse with unnecessary jargon. From what we have known, Frank Slootman is married to his wife Brenda Lynne Slootman. He also gets a $375,000 annual base salary, which can go higher depending on the firms performance. , updated Frank Slootman is a cheerful harnessed man. I campaigned our TP52 Invisible Hand for three years. [12], Snowflake Inc. was founded in July 2012 in San Mateo, California by three data warehousing experts: Benot Dageville, Thierry Cruanes and Marcin ukowski. Frank has over 25 years of experience in the corporate software market as an entrepreneur and executive. Here's the . Frank Slootman currently serves as Chairman and CEO at Snowflake. We won many races, including the Transpac overall in 2017, but I sold and donated all my boats so I can concentrate on the Snowflake journey. Snowflake Inc. is a cloud computing -based data cloud company based in Bozeman, Montana. Frank Slootman added: "I'm excited to advise Blackstone. 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. Your email address will not be published. Slootman moved to Silicon Valley in 1997. From 2011 to 2017, Mr. Slootman was the CEO and President of ServiceNow, developing the organization from approximately $100 million in revenue to $1.4 billion through an IPO. Lets talk about it in detail. The couple has been married for many years now, but the timeline of their wedding and relationship isnt made public. Watch our CEO, Frank Slootman, on @CNBCTechCheck discuss our latest earnings https://t.co/jacWnl2Lsu, Patrick Cuba (@PatrickCuba3) May 28, 2022. But we are trying hard to collect all the information about him and will update you soon. Story continues below. Also Read:Who Is Kelsey Chittick? Frank Slootman (born 1958) is a billionaire businessman, and the chairman and CEO at Snowflake Inc., a cloud data-warehousing company.. Career. 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. Owns a $ 2.73 billion stake firms performance Slootman one of the imagination, updated frank Slootman added &... Data cloud company based in Bozeman, Montana ServiceNow: from a business! Software world a yacht called the Invisible Hand, and a rich businessman by profession 's Namespace. 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