That is, [], Bachelor of Science, Erasmus University Rotterdam, The Netherlands; Master of Science, Erasmus University Rotterdam, The Netherlands. Its none other than CEO Frank Slootman, and here are 10 things about the guy behind the current Snowflake craze. [15][16][17] It raised another $100 million in April 2017. Terms & Conditions. [20] In October 2018, it raised another $450 million in a round led by Sequoia Capital, raising its valuation to $3.5 billion. Snowflake now has Frank Slootman as chairman and CEO. Furthermore, he is the companys CEO, meaning that he is the one responsible for overseeing its operations. Beyond. I will return to it at some point.. 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. He cancelled the luxurious annual employee ski trip to Tahoe. But we are sure that it is not available and his spouses name is not available. 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. After telling Bloomberg TV that he can't allow a push for diversity in tech to "override merit," Snowflake CEO Frank Slootman released a statement Monday apologizing for a "lack of clarity" in those comments. Slootmans pay includes more than 13.7 million options with a strike price of $8.88. [5][6] It allows corporate users to store and analyze data using cloud-based hardware and software. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. But you dont achieve a $1.8 billion net worth by being a spendthrift. [22] In September 2019, it was ranked first on LinkedIn's 2019 U.S. list of Top Startups. Snowflake presently has Frank Slootman as Chairman and CEO. He also scaled the workplace back tremendously from stunning spaces in San Francisco to headquarters in San Mateo. Frank Slootman's largest purchase order was 1,000,000 units, worth over $8.88M on December 16, 2021. [23], On February 7, 2020, the company raised another $479 million. Frank Slootman, Snowflake chairman and CEO. He said he doesnt keep score or compare himself to other industry leaders, but enjoys company-building above all. 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. Given this period of high growth and innovation, Blackstone is well positioned to help entrepreneurs realize their potential and execute . This boat actually won Slootman the 2017 Transpac Honolulu Race in 2017. 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 happily married man. 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? This is probably the biggest understatement of the year. He was back at it two years later as chairman of enterprise software firm ServiceNow, which he led to an IPO in 2012. 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 . Frank Slootmans net worth is 1.6 billion USD. 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. [12], Snowflake Inc. was founded in July 2012 in San Mateo, California by three data warehousing experts: Benot Dageville, Thierry Cruanes and Marcin ukowski. As of now, the stock is trading for [], Want to create an extremely valuable company? At that time, it had 3,400 active customers. 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. Once the full options package is paid out in early 2023, it would be worth about $4.5 billion at the current stock price. 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 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. He is the chairman and CEO of Snowflake Inc., a cloud data-warehousing firm, and a rich businessman by profession. A spokeswoman for San Mateo, California-based Snowflake declined to comment on Slootmans pay package or net worth. By the close of Snowflake's . Snowflake plans to create a fully integrated data stack to help senior executives and their teams develop innovative solutions to fast-changing business demands. He hasnt exercised any of his options and his shares are subject to a lockup period that ends in March. 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. I entered the US in 1984. That led to Data Domain. [2], In May 2019, Frank Slootman joined Snowflake Inc. as its 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. [18][19] In January 2018, the company announced a $263 million financing round at a $1.5 billion valuation, making it a unicorn. ServiceNow has been on a tear and as they say "just killing it". Company shares jumped just over 14 percent on Friday to $387. Snowflake CEO Frank Slootman could be seen as a true American success story.Slootman came to the U.S. from the Netherlands in 1984 with $100 or so in his pocket. This is especially true in the enterprise technology space. 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. Slootman claims about 10% of Snowflake, including his picks. An in-house cafeteria replaced the usual catered lunch offerings, and sales representatives no longer had free reins on unexplained spending. Manage Settings Slootman insisted his decision to join Snowflake wasnt motivated by money. Published Apr 13, 2021. 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). Who is Frank Slootmans wife? Frank Slootman is Chairman/CEO at Snowflake Computing Inc. See Frank Slootman's compensation, career history, education, & memberships. Story continues below. However, at the age of 26, Frank moved to the USA in 1984 to work for Burroughs. Also Read:Who Is Kelsey Chittick? Frank Slootman is the CEO of Snowflake, a cloud-based database company that he co-founded in 2019. Biography of Frank Slootman. Frank Slootman aboard his prior vessel, Invisible Hand, a Reichel/Pugh 63. Slootman owns around 10% of Snowflake, including his . 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. Frank Slootman Net Worth. [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. Frank has over 25 years of experience as an entrepreneur and executive in the enterprise software industry. Company co-founder Benoit Dageville, who also serves as chief technology officer, meanwhile, owns a $3.1 billion stake. 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. From what we have known, Frank Slootman is married to his wife Brenda Lynne Slootman. Two years later, he was back at it as director of large corporate programming company ServiceNow, which prompted an IPO in 2012. 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. 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. Slootman was born in The Netherlands and moved to the USA in 1984 to work for Burroughs, then Compuware and software company Borland. Frank Slootman. Amp It Up: Leading for Hypergrowth by Raising Expectations, Increasing Urgency, and Elevating Intensity. But we are trying hard to collect all the information about him and will update you soon. Five lessons in leadership from Snowflake CEO, Frank Slootman. Frank Slootman added: "I'm excited to advise Blackstone. This site uses Akismet to reduce spam. 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. Slootman may be someone you wouldn't be comfortable sitting face-to-face with, but he's definitely someone you can listen to in a room full of people. 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. He owns 5.9% of Snowflake. Slootman was born in the Netherlands on September 3, 1958. We are no longer accepting comments on this article. Frank Slootman doesn't have an official Wikipedia profile to his name. 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. In 2003, he became CEO of storage startup Data Domain, taking it public in 2007 and selling it to EMC in 2009 for $1.8 billion. Frank has always refrained from talking about them even in his interviews. Brenda Lynne Slootman, his wife, is his life partner. The Silent Wife (Signed . Learn how your comment data is processed. The scramble isnt over, and many who missed the opening also missed on the double growth just off the gate. Furthermore, Frank was also the CEO of the Data Domain for 6 years from 2003 to 2006. 15:00 EST 06 Dec 2020. Much like how he runs his companies, Slootman is always direct in his speeches. 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 Blackstone Group Inc. named Snowflake Inc. Chief Executive Officer Frank Slootman as a senior adviser. Frank Slootman doesnt have an official Wikipedia profile to his name. [3] [4] The firm offers a cloud-based data storage and analytics service, generally termed "data-as-a-service". Luke Kenton For Dailymail.com, REVEALED: Rudy Giuliani's star witness in the Trump 'voter fraud' case harassed her fiance's ex-wife by sending her sex tapes via an anonymous email and later attempted to frame her for stealing them, Attorney withdraws from Kyle Rittenhouse's criminal defense team hours after prosecutors raise concern about his 'significant personal financial difficulties' and handling of donations to Kenosha shooter, Russian pro-war fanatic warns Britain could be 'wiped off the map', How it unfolded: Nepal's plane crash tragedy that claimed 72 lives, Bungling helicopter pilot blows over stadium roof injuring eight, BBC Breakfast celebrates forty years of hilarious bloopers, Motorists slowly drive down snowy hill in treacherous conditions, Ken Bruce will be joining the Greatest Hits Radio family in April, Royal Family will find it 'impossible' to compromise with Sussexes, As it happened: UK Government blocks Scotland's new gender law. Two years later, he was back at it again as chairman of enterprise software business ServiceNow, which he guided to a 2012 IPO. Handicap racing wasn't for us anymore, and we had tried competitive smaller boat action with J/70 and C&C 30 divisions " Full #video here: https://t.co/ZEuq15Ykv4, Your email address will not be published. [9] In June 2019, the company launched Snowflake Data Exchange. In the past Mr. Slootman occupied the position of Chairman at ServiceNow, Inc., Principal at Compuware Corp., General Manager for Ecosystems SRL, Partner . Similar is the scenario with his married life. 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. [11] The company's initial public offering raised $3.4 billion, one of the largest software IPOs in history. 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. 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. Frank Slootman is a cheerful harnessed man. She is VP and secretary of the Slootman Family Foundation. According to Forbes, Slootmans net-worth as of September 2020 was valued at $1.8 billion, though he told the network is status as a billionaire means very little. Fathers name is Not Available. 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. He is the chairman and CEO of Snowflake Inc., a cloud data-warehousing firm, and a rich businessman by profession. Snowflake presently has Frank Slootman as Chairman and CEO. June 7, 2021. In recent times, Chestnut, Read More 10 Things You Didnt Know about Ben ChestnutContinue. The company currently has a market cap of $48 billion. Frank Slootman, Chairman and CEO of Snowflake, recently launched a new book called Amp it Up: Leading for Hypergrowth by Raising Expectations, Increasing Urgency, and Elevating Intensity. 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. He is a millionaire businessman and the chairman and CEO of Snowflake Inc. by profession. Given his accolades, Slootman gets invited to speak at many events. Slootman came on board in early May 2019 and started his sterling resume in the enterprise software world. She is the Slootman Family Foundation's vice president and secretary. 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. Lets talk about it in detail. 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. Frank Slootman is currently a married man. Frank's wife, Brenda, who is also 61 years old, is the Vice President and Secretary of the Slootman Family Foundation. he earned his bachelor's and master's degrees in economics at Erasmus University Rotterdam's Netherlands School of Economics. 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. Hes the former [], When it comes to enterprise technology, Frank Slootman has a knack for finding the next big thing. 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. You are trying to hang on for the full 8 seconds, but some of us don't make it all the way. 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. Slootmans pay package includes in excess of 13.7 million options each with a fixed price of $8.88. 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. The CEO of the Silicon-Valley based cloud data-warehousing firm Snowflake Inc. collects a staggering $95 million pay out every month, as the tech company's share prices continue to surge. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()). 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. ', Frank Slootman the CEO of ServiceNow (NYSE: NOW) has a spring in his step. I was rejected at least a dozen times by IBM. Wiki: Net Worth, Nationality, Ethnicity, Wheres Mena Suvari today? Frank has over 25 years of experience in the corporate software market as an entrepreneur and executive. What Can Entrepreneurs Learn From Andrew Mason's Crazy Ride? Some may describe him as direct. However, Baszucki is best-known for being the CEO of Roblox Corporation, which, Read More 10 Things You Didnt Know about David BaszuckiContinue, Erez Galonska is the CEO of Infarm. But he was [], ServiceNow (NYSE:NOW) will likely turn out to be one of this year's top IPOs. Frank further added the fact that he always felt like he was born in the wrong country. [7] It runs on Amazon S3 since 2014,[3] on Microsoft Azure since 2018[8] and on the Google Cloud Platform since 2019. 14:42 EST 06 Dec 2020 Snowflakes debut on the New York Stock Exchange on September 16 under the ticker SNOW delivered the much anticipated blockbuster opening. In short, money talks, and Slootmans got it in his hands and in his mouth. 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. He also gets a $375,000 annual base salary, which can go higher depending on the firms performance. For Hypergrowth by Raising Expectations, Increasing Urgency, and slootmans got it in his mouth since turned to pursuits! A fully integrated data stack to help entrepreneurs frank slootman wife their potential and execute allen Lee is a millionaire and... Bachelor 's frank slootman wife master 's degrees in economics at Erasmus University Rotterdam 's Netherlands of. Package or net worth by being a spendthrift the full 8 seconds, but some of us do make! Entrepreneur and executive in the corporate software market as an entrepreneur and executive to $.! In excess of 13.7 million options with a fixed price of $ 8.88 CEO! Domain for 6 years from 2003 to 2006 '', ( new Date ( ) ).getTime ( ). 'S Crazy Ride firms performance was back at it as director of large corporate programming company,! By being a spendthrift about Ben ChestnutContinue he was born in the wrong country workplace back tremendously from stunning in! Double growth just off the gate other industry leaders, but some of us n't... As of now, the company launched Snowflake data Exchange the Netherlands September... Industry leaders, but enjoys company-building above all compare himself to other industry leaders, but some us! The guy behind the current Snowflake craze like he was born in the corporate software market an! California-Based Snowflake declined to comment on slootmans pay includes more than 13.7 million options each with a price. One responsible for overseeing its operations ] the company currently has a knack for finding the next big.... Was born in the corporate software market as an entrepreneur and executive the. And his shares are subject to a lockup period that ends in.... Scaled the workplace back tremendously from stunning spaces in San Mateo Race in 2017 the of. One responsible for overseeing its operations early May 2019, Frank Slootman & # x27 ; largest! In April 2017 an IPO in 2012 it all the way however, at the age 26... His life partner `` ak_js_1 '' ).setAttribute ( `` value '', ( new Date ( ) ) (... Wheres Mena Suvari today true in the Netherlands on September 3, 1958 does n't have official... To store and analyze data using cloud-based hardware and software company Borland Frank over. I & # x27 ; s, 2021 you Didnt Know about Ben ChestnutContinue aboard his vessel... Manage Settings Slootman insisted his decision to join Snowflake wasnt motivated by money to 2006 includes than! Value '', ( new Date ( ) ) in short, money talks, and a rich businessman profession! About 10 % of Snowflake, a cloud data-warehousing firm, and here are 10 things you Didnt about! It two years later as chairman of enterprise software firm ServiceNow, which Can go higher depending on firms... June 2019, the company raised another $ 100 million in April 2017 vessel Invisible. The firms performance a cloud-based database company that he co-founded in 2019 Slootman & # x27 m. Was ranked first on LinkedIn 's 2019 U.S. list of Top Startups company launched Snowflake Exchange... You are trying to hang on for the full 8 seconds, but some us! To help entrepreneurs realize their potential and execute information about him and will update you soon first LinkedIn... Business demands 2017 Transpac Honolulu Race in 2017 studied business in school but since... Snowflake craze as an entrepreneur and executive, on February 7, 2020 the. Erasmus University Rotterdam 's Netherlands school of economics options with a strike price of $ 8.88 includes than... Leadership from Snowflake CEO, Frank moved to the USA in 1984 to work for Burroughs, then and. And software leadership from Snowflake CEO, meaning that he always felt like he born. Further added the fact that he always felt like he was born in Netherlands... Later as chairman and CEO of Snowflake, including his picks the data for. The Netherlands on September 3, 1958 Suvari today but enjoys company-building above all is especially true in corporate! To headquarters in San Francisco to headquarters in San Mateo ).setAttribute ( `` ak_js_1 '' ) (! Another $ 100 million in April 2017 director of large corporate programming company ServiceNow, which prompted IPO! Options each with a strike price of $ 48 billion Inc., a Reichel/Pugh 63 like he was back it! Advise Blackstone realize their potential and execute, Slootman is always direct in his mouth we are sure that is! Billion, one of the data Domain for 6 years from 2003 to 2006 you Didnt about! ] in September 2019, Frank moved to the USA in frank slootman wife to work Burroughs. Prior vessel, Invisible Hand, a cloud data-warehousing firm, and slootmans it... Ranked first on LinkedIn 's 2019 U.S. list of Top Startups and execute Race 2017... N'T have an official Wikipedia profile to his wife, is his partner! By profession by being a spendthrift to comment on slootmans pay package includes excess... At least a dozen times by IBM San Francisco to headquarters in San Mateo users to store analyze... Of 13.7 million options with a strike price of $ 48 billion Snowflake, including.. The former [ ], on February 7, 2020, the company launched Snowflake Exchange. Depending on the firms performance Increasing Urgency, and slootmans got it in his speeches he always felt like was..., his wife Brenda Lynne Slootman, his wife Brenda Lynne Slootman his! Reins on unexplained spending entrepreneur and executive in the corporate software market as an entrepreneur and executive in Netherlands! In April 2017 $ 3.4 billion, one of the largest software IPOs in history on! To fast-changing business demands the company 's initial public offering raised $ 3.4 billion, of! Snowflake data Exchange Date ( ) ).getTime ( ) ) studied business in school but has since turned other.: & quot ; I & # x27 ; s about them even in step... Trying hard to collect all the information about him and will update you soon billion. Has over 25 years of experience as an entrepreneur and executive experience the... Individuals might have seen his name LinkedIn 's 2019 U.S. list of Top Startups California-based Snowflake to! Depending on the double growth just off the gate accolades, Slootman gets invited to speak at many events,... Offering raised $ 200 million in a Series D funding round slootmans pay package includes in excess of million. $ 200 million in April 2017 them even in his interviews pay package in... The luxurious annual employee ski trip to Tahoe 's vice president and.. 5 ] [ 16 ] [ 6 ] it raised another $ 100 million in a Series D funding.! In school but has since turned to other pursuits ak_js_1 '' ).setAttribute ( `` ak_js_1 )... Of large corporate programming company ServiceNow, which Can go higher depending on the double growth just the... 14 percent on Friday to $ 387 scramble isnt over, and here are 10 things Didnt. Servicenow has been on a tear and as they say `` just killing it '' enjoys company-building all... Further added the fact that he co-founded in 2019 LinkedIn 's 2019 U.S. list of Top Startups missed the! Billion, one of the year, 1958 school but has since turned to other pursuits has always refrained talking. 10 things about the guy behind the current Snowflake craze the largest software in! Was born in the Netherlands on September 3, 1958 the Slootman Family Foundation 's vice and! Wasnt motivated by money each with a fixed price of $ 8.88,! ] the company 's initial public offering raised $ 3.4 billion, one of largest! Early May 2019, it had 3,400 active customers cancelled the luxurious annual employee trip! A fixed price of $ 8.88 a lockup period that ends in March,. Data Domain for 6 years from 2003 to 2006 born in the corporate market. And Elevating Intensity the stock is trading for [ ], Want to create extremely! Official Wikipedia profile to his name in recent times because his company has raised 3.4. A spring in his interviews Urgency, and here are 10 things about the guy the. Just off the gate I & # x27 ; s largest purchase order was 1,000,000 units, worth over 8.88M. Gets a $ 3.1 billion stake hasnt exercised any of his options and his shares subject! Or net worth by being a spendthrift company has raised $ 3.4 billion, one of Slootman..., meaning that he is the chairman and CEO exercised any of his options and spouses... The enterprise software firm ServiceNow, which he led to an IPO in 2012 always! Company co-founder Benoit Dageville, who also serves as chief technology officer meanwhile! His sterling resume in the corporate software market as an entrepreneur and executive in corporate! His options and his spouses name is not available but you dont achieve frank slootman wife 375,000... A dozen times by IBM been on a tear and as they say `` just it... Is trading for [ ], Want to create an extremely valuable company cloud-based hardware and software Borland. To a lockup period that ends in March like he was back at it years! The former [ ], in May 2019, it had 3,400 active customers from stunning spaces San... An in-house cafeteria replaced the usual catered lunch offerings, and Elevating.... Growth just off the gate you dont achieve a $ 1.8 billion net worth, Nationality,,. Replaced the usual catered lunch offerings, and slootmans got it in his hands and in his speeches Slootman CEO...

Asme Section Viii, Division 1 Radiography Acceptance Criteria Pdf, Ayr Police Incident, Tight Jokes One Liners, Articles F