Including his options, Slootman owns about 10% of Snowflake. It . by Frank Slootman Hardcover. By the close of Snowflake's first day . Frank's wife, Brenda, who is also 61 years old, is the Vice President and Secretary of the Slootman Family Foundation. The couple has been married for many years now, but the timeline of their wedding and relationship isnt made public. 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. He is the chief executive officer of a business called Mirakl. Frank Slootman's largest purchase order was 1,000,000 units, worth over $8.88M on December 16, 2021. 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 good thing is you dont have to actually sit in with Slootman to get his lessons. In his otherwise exceptional book Amp It Up . Frank Slootman is the CEO of Snowflake, a cloud-based database company that he co-founded in 2019. Cloud-data warehouse Snowflake has been the talk of the town since it announced its intention of going public. It has been suggested that he and his other half have two cubs and that his parents are from the Netherlands. His options are worth about $25 million a month at the current share price. Frank Slootman's net worth is 1.6 billion USD. 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. Talking about his education, Frank first attended in Netherlands School of Economics and graduated in 1977. The IPO was the third for Slootman . Also Read:Who Is Kelsey Chittick? At 61 years old, Slootman has created quite the reputation for himself. At that time, it had 3,400 active customers. 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. Snowflakes debut on the New York Stock Exchange on September 16 under the ticker SNOW delivered the much anticipated blockbuster opening. 5.9% of any company is a huge deal. What Can Entrepreneurs Learn From Andrew Mason's Crazy Ride? 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. Snowflake presently has Frank Slootman as Chairman and CEO. 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 . They are in relation from previous few years of a strong relationship. Cloud database company Snowflake opened trading at more than double its list price, making CEO Frank Slootman, ex-CEO Bob Muglia and cofounder Benoit Dageville billionaires. To learn more about this, I had a chance to talk to Frank Slootman. An example of data being processed may be a unique identifier stored in a cookie. 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. The estimated net worth of Frank Slootman is at least $72 Million dollars as of 2023-01-14. He said he doesnt keep score or compare himself to other industry leaders, but enjoys company-building above all. 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. 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. After ServiceNow's creator, Fred Luddy, stepped down in 2011, the company announced the hiring of Frank Slootman as CEO. Slootman owns around 10% of Snowflake, including his . He is an interesting figure who has stirred up his share of controversy. [5][6] It allows corporate users to store and analyze data using cloud-based hardware and software. About. Frank has over 25 years of experience in the corporate software market as an entrepreneur and executive. Slootmans style of leadership is not gentle at all. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. The estimated Net Worth of Frank Slootman is at least $106 Million dollars as of 8 September 2022. Over the past twenty years, he has three times taken over emerging enterprise software businesses - first Data Domain, then ServiceNow, and most recently Snowflake - and led them across the chasm into large, billion-dollar businesses. Frank Slootman. Frank Slootman was born on October 3, 1958, and is 61 years old as of September 2020. . The Dutch-born executive also reportedly receives an annual base salary of $375,000, which can be increased subject to the firms performance. Watch our CEO, Frank Slootman, on @CNBCTechCheck discuss our latest earnings https://t.co/jacWnl2Lsu, Patrick Cuba (@PatrickCuba3) May 28, 2022. When Mr. Slootman, now aged 61, saw Data Domain Corp. through its public debut in 2007, the data-storage company's shares opened with a 33% premium to their IPO price. by Frank Slootman Paperback. 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. Show details. Continue with Recommended Cookies. Frank Slootman's largest sale order was 1,017,582 units , worth over $344.13M on December 16, 2021. His Girlfriend/boyfriends name is Not Available. Others might say that hes completely brash. Slootman was born in the Netherlands on September 3, 1958. [14] In June 2015, the company raised an additional $45 million and launched its first product, its cloud data warehouse, to the public. Its an impressive feat for the 8-year old software company, but everythings going fast these days anyway. 14:42 EST 06 Dec 2020 He attended the Netherlands School of Economics and graduated in 1977. He became CEO of storage company Data Domain in 2003, took it public in 2007, and sold it to EMC for $1.8 billion in 2009. In recent times, Chestnut, Read More 10 Things You Didnt Know about Ben ChestnutContinue. Having run a number of global software companies, I appreciate the scope of resources that Blackstone can bring to high-growth technology companies. "Frank took us from a very large startup and made us into a very large, well-oiled machine," Luddy told Forbes in 2018. Slootman moved to Silicon Valley in 1997. [9] In June 2019, the company launched Snowflake Data Exchange. [13], In June 2014, the company appointed former Microsoft executive Bob Muglia as CEO. After the Data Domain acquisition, Slootman spent two years inside EMC as president of the Backup and Recovery Systems Division. In short, money talks, and Slootmans got it in his hands and in his mouth. [12], Snowflake Inc. was founded in July 2012 in San Mateo, California by three data warehousing experts: Benot Dageville, Thierry Cruanes and Marcin ukowski. Check out the subtleties of his Wikipedia below. 0 likes. The scramble isnt over, and many who missed the opening also missed on the double growth just off the gate. Frank Slootman is the CEO of the Cloud-based data storage company Snowflake. The success was because of Slootman and his share on the company is 30% hence making his net worth as of 2020 is 1.8$ billion. Perhaps thats exactly the kind of leadership that gets a million-dollar business into the realm of billions. While everything about Snowflake is hot in the market, were left asking who is at the helm of it all. 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 . 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. In October 2014, it raised $26 million and came out of stealth mode, being used by 80 organizations. I will return to it at some point.. Brenda Lynne Slootman, his wife, is his life partner. Frank has over 25 years of experience in the corporate software market as an entrepreneur and executive. Frank Slootman currently serves as Chairman and CEO at Snowflake. Slootman came on board in early May 2019 and started his sterling resume in the enterprise software world. She is VP and secretary of the Slootman Family Foundation. Frank Slootman doesn't have an official Wikipedia profile to his name. 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. , updated 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. 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. Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. 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. Slootman was born in the Netherlands on September 3, 1958. Because of their football obsession, he and his wife are raising their 3 young children in brazen, North Korea-style . 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. Mr. Slootman is a billionaire businessman who was born on 3rd October 1958 in Holland. Brenda Lynne Slootman, his wife, is his life partner. 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. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. He is a financial tycoon specialist and the president and CEO of Snowflake Inc. by calling. What is Frank Slootmans net worth? She is VP and secretary of the Slootman Family Foundation. Biography of Frank Slootman. 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. 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. In 2011, after the founder of ServiceNow Fred Luddy stepped down, ServiceNow announced appointment of Frank Slootman as CEO. Explore his Wikipedia details below. Best of luck to Frank Slootman's #SNOWFLAKE (USA), an entrant in the #RolexMiddleSeaRace with a start in Grand Harbour, Malta on October 22, 2022. Liked by Frank Slootman CEO Frank Slootman strongly disputes the argument. by Frank Slootman Hardcover. By the close of Snowflake's . Many in the emerging tech sector would name Frank Slootman easily because of the kind of substance he gives when he speaks. 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. I am truly a hybrid Dutch-American. Many rumours related to Carrie Johnson pregnancy have been surrounding around the globe. An in-house cafeteria replaced the usual catered lunch offerings, and sales representatives no longer had free reins on unexplained spending. Snowflake is the third CEO gig for the Dutch-born Slootman in less than 20 years. Slootman applies this philosophy in the workplace as well. 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. He led data-storage firm Data Domain from 2003 until its takeover by EMC Corp. in 2009, then ran cloud-service firm ServiceNow Inc. from 2011 to 2017. Frank Slootman is a cheerful harnessed man. He led data-storage firm Data Domain from 2003 until its takeover by EMC Corp. in 2009, then ran cloud-service . Required fields are marked *. 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 Also, I helped the company move its software to non-mainframe platforms that started to emerge on UNIX in the late 80s. Some point to Snowflake's IPO as the latest and biggest example of lost billions in an IPO pop. 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. 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. The company currently has a market cap of $48 billion. Five lessons in leadership from Snowflake CEO, Frank Slootman. Frank Slootman is a happily married man. He later told Blocks and Files in 2019: Sailing is in ones blood. How? 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. 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. Also, we have no information about his son and daughter. Slootman is a hands-on guy and this book is a highly readable and enjoyable tour through his hands-on CEO toolkit. A few years ago, Slootman stepped down as ServiceNow's CEO. [3] [4] The firm offers a cloud-based data storage and analytics service, generally termed "data-as-a-service". [2], In May 2019, Frank Slootman joined Snowflake Inc. as its CEO. 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? 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. Boasting the hottest tech IPO of the year (and the biggest software IPO ever), Snowflake, the cloud-based data . This item: Rise of the Data Cloud. Also, they havent shared any details on their parenthood, but we believe that the two have a son together. Frank Slootman, CEO of @SnowflakeDB sat down with @CNBC and @Livongo to discuss how to move #AI and #ML from theory into practice. After ServiceNow creator Fred Luddy ventured out in 2011, the organization announced it had Frank Slootman as CEO. 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. So not only is this CEO a winner on land; he also dominates the sea with his sailboatpretty impressive on any measure. Slootmans pay includes more than 13.7 million options with a strike price of $8.88. We have no more information about his spouse. Initially expected to price shares between $75 and $85, the company went public at $120, catapulting up to $300 in its first day of trading. Frank Slootman is the CEO of Snowflake, a cloud-based database company that he co-founded in 2019. But we are sure that it is not available and his spouses name is not available. Who is Frank Slootmans wife? [11] The company's initial public offering raised $3.4 billion, one of the largest software IPOs in history. Frank led Data Domain from the early phases to an IPO and then to a sale for $2.4 billion to EMC. But then again, there really is only one Frank Slootman, IPO master in the world. We and our partners use cookies to Store and/or access information on a device. Amp it up and the results will follow. Slootman and his wife, Brenda Crinson Biondo Slootman, a retired graphic designer, have two sons, Collin and Taylor. 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. ServiceNow became a publicly listed corporation in June 2012, when Frank Slootman guided the firm through a $210 million initial public offering. Prior to that, Frank served as President of EMCs Backup Recovery Systems Division following the acquisition of Data Domain Corporation/Data Domain, Inc. by the company, where he served as Chief Executive Officer and President and led the company through an IPO into the $2.4 billion purchase by EMC. Frank Slootmans total net worth is USD 1.6 billion. [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. We have no more Information about his Father; we will try to collect information and update soon. Full #video here: https://t.co/ZEuq15Ykv4, Your email address will not be published. Frank Slootman, Former CEO of ServiceNow and Data Domain, sits down with Bipul Sinha, CEO and Co-Founder of Rubrik, to discuss why he invested in Rubrik four. 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. In his spare time, Slootman is a keen sailor and regatta racer. In a 2017 interview with Dutch language publication Nautique, Slootman told the outlet: Regatta racing is the only thing that completely unplugs my mind from business pursuits.. Frank Slootman, CEO of Snowflake, on the day of its 2020 IPO, Sept. 16th, 2020. We are no longer accepting comments on this article. 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. Cloud leaders including Snowflake's Frank Slootman weigh in on Jassy's new role, and predict his likely successor. He served as the company's CEO for six years. Frank has over 25 years of experience as an entrepreneur and executive in the enterprise software industry. I campaigned our TP52 Invisible Hand for three years. Mr. Slootman served as CEO and President of ServiceNow from 2011 to 2017. Collin Biondo also works in the tech world as an engineer at the email-security . With $80 billion Snowflake, the biggest software IPO ever, hes rewritten the playbook. Snowflake CEO: Frank Slootman Wikipedia Frank Slootman has no authority Wikipedia profile to his name. 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