Whatever he learned from school is probably what we should all learn. 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. 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. Save my name, email, and website in this browser for the next time I comment. The good thing is you dont have to actually sit in with Slootman to get his lessons. Around six months before Slootman joined the company, Snowflake raised funds in October 2018 at a valuation of around $3.5 billion; the company is now worth nearly $110 billion. As of now, the stock is trading for [], Want to create an extremely valuable company? 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. Slootman was born in the Netherlands on September 3, 1958. Frank's wife, Brenda, who is also 61 years old, is the Vice President and Secretary of the Slootman Family Foundation. 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. 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 [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 Slootman is a happily married man. Frank has over 25 years of experience in the corporate software market as an entrepreneur and executive. The estimated net worth of Frank Slootman is at least $72 Million dollars as of 2023-01-14. She is VP and secretary of the Slootman Family Foundation. 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. 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. You can hire people ahead of . By getting data out of narrow silos and into the hands of more employees and consumers. After ServiceNow's creator, Fred Luddy, stepped down in 2011, the company announced the hiring of Frank Slootman as CEO. Story continues below. Also, they havent shared any details on their parenthood, but we believe that the two have a son together. By If you know some information, please comment below. he earned his bachelor's and master's degrees in economics at Erasmus University Rotterdam's Netherlands School of Economics. A few years ago, Slootman stepped down as ServiceNow's CEO. 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 is an interesting figure who has stirred up his share of controversy. The book . 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? Now, his relationship is perfect. Today, Slootmans net worth shot up to $1.8 billion because of the Snowflake IPO. Frank Slootman is a cheerful harnessed man. 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. It has been very obvious by now, that Frank prefers to maintain a tight lip when it comes to talking about his personal life details. It . Also, we have no idea about his brother and sister, and we dont know their names either. Slootman received both his undergraduate and graduate degrees from the Erasmus University Rotterdam School of Economics. 15:00 EST 06 Dec 2020. 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 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. Which was then followed by his association with Compuware and software company Borland. According to Bloomberg, Slootman has not yet exercised any of his options and his shares are contingent to a lockup period thats due to expire in March 2021. Dageville and Cruanes previously worked as data architects at Oracle Corporation; ukowski was a co-founder of the Dutch start-up Vectorwise. Because of his much sought-after expertise, Slootman gets paid a decent sum of money. 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. by Frank Slootman Paperback. Snowflake Inc. is a cloud computing -based data cloud company based 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. Frank explained. 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. [20] In October 2018, it raised another $450 million in a round led by Sequoia Capital, raising its valuation to $3.5 billion. Because of their football obsession, he and his wife are raising their 3 young children in brazen, North Korea-style . Creative Commons Attribution-ShareAlike. In his otherwise exceptional book Amp It Up . 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. Wiki: Net Worth, Husband, Wedding, Diet, Son, Engaged, Whos Shah Rukh Khan? But no CEO has a better track record of turning the ideas of others into jackpots. 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. Senada Greca Wiki: Age, Birthday, Husband, Net Worth, Height, Ethnicity, Boyfriend, Biography, Fatima Goss Graves Bio Wikipedia: Husband, Age, Net Worth, Instagram, Children, Birthday. Frank has over 25 years of experience as an entrepreneur and executive in the enterprise software industry. This advertisement has not loaded yet, but your article continues below. Terms & Conditions. FORTUNE may receive compensation for some links to products and services on this website. . Afterwards, he attended Erasmus University Rotterdam where he studied for more than seven years. Furthermore, Frank was also the CEO of the Data Domain for 6 years from 2003 to 2006. 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. 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. Continue with Recommended Cookies. 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. That led to Data Domain. 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 . Presently, Frank Slootman is Chairman & Chief Executive Officer of Snowflake, Inc. There are many questions left unanswered about the months leading up to Snowflake going public. [11] The company's initial public offering raised $3.4 billion, one of the largest software IPOs in history. 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. 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. Soon after graduation, he got enrolled in VP/GM where he had a role straddled for a 3-year stint in Europe as GM of the UNIFACE company. Having run a number of global software companies, I appreciate the scope of resources that Blackstone can bring to high-growth technology companies. Two years later, he was back at it again as chairman of enterprise software business ServiceNow, which he guided to a 2012 IPO. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Including his options, Slootman owns about 10% of Snowflake. The workflow software company relies on a cloud computing platform to function. 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. Amp It Up: Leading for Hypergrowth by Raising Expectations, Increasing Urgency, and Elevating Intensity. Some point to Snowflake's IPO as the latest and biggest example of lost billions in an IPO pop. After the Data Domain acquisition, Slootman spent two years inside EMC as president of the Backup and Recovery Systems Division. Some may describe him as direct. In 2011, after the founder of ServiceNow Fred Luddy stepped down, ServiceNow announced appointment of Frank Slootman as CEO. He became CEO of capacity organization Data Domain in 2003, floated it publicly in 2007 and offered it to EMC for $1.8 billion each of 2009. Slootman is going to take Snowflake for quite the ride, and you have to decide whether youre getting in his car or not. There is no information on his parents, siblings, or any other family members. Brenda Lynne Slootman, his better half, is his soul mate. 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. It has been suggested that he and his other half have two cubs and that his parents are from the Netherlands. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. 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. All Rights Reserved. Is it time Harry & Meghan accept Clarkson's apology and move on? After leaving . In short, money talks, and Slootmans got it in his hands and in his mouth. It's been suggested that he and his wife have two children and that his parents are from Holland. He led data-storage firm Data Domain from 2003 until its takeover by EMC Corp. in 2009, then ran cloud-service . Similar is the scenario with his married life. 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. Frank led Data Domain from the early phases to an IPO and then to a sale for $2.4 billion to EMC. 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. [5][6] It allows corporate users to store and analyze data using cloud-based hardware and software. The vast majority can already be exercised but the underlying shares vest monthly over four years, beginning with the month he started. 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. It's called, Amp it Up, Leading for Hypergrowth by Raising Expectations, Increasing Urgency and Elevating Intensity. Frank Slootman doesn't have an official Wikipedia profile to his name. He is the chief executive officer of a business called Mirakl. 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