Frank Slootman is currently associated with one company, according to public records. Frank Slootman is currently a married man. Slootman is known for … Not much is known about Slootman’s personal life, but we do know that he’s fairly young for the success he’s achieved in his lifetime. After that, Frank attended Erasmus University Rotterdam where he studied for more than 7 years from 1978 to 1985. 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. Also, they haven’t shared any details on their parenthood, but we believe that the two have a son together. Slootman came on board in early May 2019 and started his sterling resume in the enterprise software world. I was rejected at least a dozen times by IBM. Mike Speiser, managing director … Slootman was born in the Netherlands in October 1958. Rise of the Data Cloud. More from Frank Slootman A native from The Netherlands, Frank started his career with Burroughs Corporation in Detroit. The companies were formed over a thirteen year period with the most recent being incorporated two years ago in March of 2018. 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. I have American citizenship, which I treasure greatly, but there is no denying my Dutch roots. Snowflake is Slootman’s third IPO. Senada Greca Wiki: Age, Birthday, Husband, Net Worth, Height, Ethnicity, Boyfriend, Biography, Fatima Goss Graves Bio Wikipedia: Husband, Age, Net Worth, Instagram, Children, Birthday. 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Slootman is going to take Snowflake for quite the ride, and you have to decide whether you’re getting in his car or not. Author: Frank Slootman. While everything about Snowflake is hot in the market, we’re left asking who is at the helm of it all. The scramble isn’t over, and many who missed the opening also missed on the double growth just off the gate. Snowflake’s debut on the New York Stock Exchange on September 16 under the ticker “SNOW” delivered the much anticipated blockbuster opening. This boat actually won Slootman the 2017 Transpac Honolulu Race in 2017. Frank Slootman currently serves as Chairman and CEO at Snowflake. Is Sundial Growers Stock a Wise Investment? ServiceNow (Service-now in 2011) is an American software company based in Santa Clara, California that develops a cloud computing platform to help companies manage digital workflows for enterprise operations, and was also recognized for innovation. Frank Slootman is the CEO of the Cloud-based data storage company Snowflake. Given his accolades, Slootman gets invited to speak at many events. [6] In 2006, the company changed its name to ServiceNow. Hot Searches. But while Snowflake's success began with the three co-founders' vision and technical expertise, Snowflake has blossomed under the leadership of external CEOs, chiefly Bob Muglia (2014-2019) and Frank Slootman (2019-present). Sign in to leave your comment. Also, I helped the company move its software to non-mainframe platforms that started to emerge on UNIX in the late 80s. The reason for which he describes as, The energy, buoyancy, and temperament in this country greatly appeal to me. Background Report for Frank Slootman. Mr. Slootman previously held the position of Chairman of ServiceNow, Inc., General Manager of Ecosystems SRL, Partner at Greylock Partners LLC, President & Chief Executive Officer of Data Domain, Inc., Principal at Burroughs Corp., Principal at Compuware Corp., Senior Vice President-Products at Borland Software Corp., President-Backup Recovery Systems Division at EMC … Zero of the companies are still active while the remaining two are now listed as inactive. This sum is more than what the CEOs of Salesforce, Oracle, and even Microsoft was making. Frank Slootman was born on October 3, 1958, and is 61 years old as of September 2020. Copyright © 2021 | WordPress Theme by MH Themes, Chasten Glezman Wiki (Pete Buttigieg), Age, Net Worth, Family, Bio, Simone Ashley Wiki, Bio, Net Worth, Heritage, Parents, Boyfriend, Dating, Height, Bridgerton, Joe Neguse Wiki, Bio, Net Worth 2021, Wife, Parents, Salary, Family, Trump, Wedding, Biography, Norwood Young Net Worth 2021, Wiki, Wife, Age, Birthday, Nose, Plastic Surgery, Married, Bio, Hunter Doohan Bio, Wiki, Net Worth, Age, Birthday, Gay, Boyfriend, Fiance, Family, Height, Actor, Jennifer Brady Net Worth 2021, Bio, Wiki, Boyfriend, Parents, Weight Loss, Earnings, Father, Height. 136 comments. Today, Slootman’s net worth shot up to $1.8 billion because of the Snowflake IPO. Which was then followed by his association with Compuware and software company Borland. Perhaps that’s exactly the kind of leadership that gets a million-dollar business into the realm of billions. Frank Slootman is the CEO of the Cloud-based data storage company Snowflake. These addresses are known to be associated with Frank Slootman however they may be inactive or mailing addresses only. Slootman applies this philosophy in the workplace as well. This is probably the biggest understatement of the year. Learn how your comment data is processed. Large enterprises consistently prioritize their buying decisions to … It’s none other than CEO Frank Slootman, and here are 10 things about the guy behind the current Snowflake craze. Follow. Snowflake CEO Frank Slootman just led his third blockbuster IPO which saw the cloud startup's shares soar in its trading debut. It’s an impressive feat for the 8-year old software company, but everything’s going fast these days anyway. Frank Slootman Joins Pure Board of Directors. Frank Slootman's story started in Holland At 62 years old, Slootman is Snowflake's chairman and CEO. Slootman previously served as CEO for Data Domain and for ServiceNow, which he both took public. by Frank Slootman, Steve Hamm. Frank joined Snowflake in May 2019 and has since become one of their spearheads. Frank Slootman, CEO of Snowflake, says that on-premise data centers can only accommodate a tiny fraction of what their real demand for data analytics … He knows what problems exist in his field today, and he knows how to address them as well. This site uses Akismet to reduce spam. And eventually, his journey led him to Data Domain. He will advise across Blackstone’s businesses, with a focus on Blackstone Growth (BXG). Frank Slootman Frank Slootman (born 1958) is a billionaire businessman, and the chairman and CEO at Snowflake Inc., a cloud data-warehousing company. What Made Us Different At Data Domain and ServiceNow. He also scaled the workplace back tremendously from stunning spaces in San Francisco to headquarters in San Mateo. It pays a lot to be in the business of knowing what you do, and Slootman knows more than the rest of us when it comes to money, the market, and the software industry. 0 ratings. After all, he has experience on his side. First we want to congratulate the many people at Snowflake. This book concisely describes the history, explosive growth, and eventual sale of Data Domain, as viewed through the unique lens of Frank Slootman. [6], Until mid-2005, Luddy was the only employee and concentrated on developing the software which the company would offer. For example, he made a few changes at Snowflake when he became CEO. 1 ranking on the 2018 Forbes Most Innovative Companies list But you don’t achieve a … The good thing is you don’t have to actually sit in with Slootman to get his lessons. 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 Data Domain, Frank held executive technology management roles at Borland and Compuware Corporation. It has certainly worked well for himself, for the companies he’s worked under, the many investors that have poured money in his name, and so forth. Mr. Slootman served as CEO and President of ServiceNow from 2011 to 2017. Frank Slootman has a vision of the future. Frank Slootman Bio: Early Life. Snowflake Snowflake CEO Frank Slootman, former CEO Bob Muglia, and cofounder Benoit Dageville are now billionaires after the data storage firm's blockbuster IPO, Forbes reported. Which was then followed by his association with Compuware and software company Borland. Most recently Frank exercised 100,000 units of NOW stock worth $2,084,000 on 1 June 2018.. There are many questions left unanswered about the months leading up to Snowflake going public. In short, money talks, and Slootman’s got it in his hands and in his mouth. So not only is this CEO a winner on land; he also dominates the sea with his sailboat—pretty impressive on any measure. But you don’t achieve a $1.8 billion net worth by being a spendthrift. Dageville and Cruanes previously worked as data architects at Oracle Corporation; Zukowski was a co-founder of the Dutch start-up Vectorwise. 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. Whatever he learned from school is probably what we should all learn. While most CEO’s 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. 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. Slootman came to the U.S. from the Netherlands in 1984 with $100 or so in his pocket. From what we have known, Frank Slootman is married to his wife Brenda Lynne Slootman. He’s thrifty. Its growth is stunning. 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. I am truly a hybrid Dutch-American. Frank Slootman (born 1958) is a billionaire businessman, and the chairman and CEO at Snowflake Inc., a cloud data-warehousing company. This morning, Pure Storage announced that Frank Slootman joined its Board of Directors. An in-house cafeteria replaced the usual catered lunch offerings, and sales representatives no longer had free reins on unexplained spending. ServiceNow, based in Santa Clara, California, maintains a $30 billion market cap--and the No. But then again, there really is only one Frank Slootman, IPO master in the world. Others might say that he’s completely brash. It’s a positive outlook for Snowflake, and it’s a bright signal for investors to really pay attention to this company now before it’s too late. As discussed in "Snowflake's History," co-founders Dageville, Cruanes, and Zukowski are all still with the company. Before that, he spent his life in Netherlands, where he was also born. The book accounts his time in Data Domain and so much more. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. Frank Slootman NOW stock SEC Form 4 insiders trading. He attended the Netherlands School of Economics and graduated in 1977. Steve Jobs didn’t even own 1% of Apple—even though he had millions worth in shares. Further, Frank also shed some lights on his early work experience at Burroughs. The Blackstone Group, Inc. has appointed Frank Slootman as a senior advisor. The company's name was chosen as a tribute to the founders' love of snow sports. The company is one of the most prominent IPOs in 2020. Frank has always refrained from talking about them even in his interviews. Frank led Data Domain from the early phases to an IPO and then to a sale for $2.4 billion to EMC. If there were one person you could sit and learn from today, who would it be? Otcmkts: Lmrmf, Wolfsburg City, Frank Slootman is the CEO of the Cloud-based data storage company Snowflake. Similar is the scenario with his married life. Slootman received both his undergraduate and graduate degrees from the Erasmus University Rotterdam School of Economics. This is probably the biggest understatement of the year. The company has executed nearly flawlessly since inception, scaling revenue, winning top-tier customers, and expanding with them. 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 is currently the chairman and CEO of Snowflake and is an entrepreneur with over 25 years of enterprise software industry experience. I entered the US in 1984. Sort by. The couple has been married for many years now, but the timeline of their wedding and relationship isn’t made public. In an era of founder-led tech companies, Snowflake’s Frank Slootman is a corporate throwback. Afterwards, he attended … Instead, he’s got something equally as cool—a sailing boat named The Invisible Hand. 10 Things You Didn’t Know About Snowflake CEO Frank Slootman, 10 of the Most Clever Stock Ticker Symbols of 2016, How Virtual Reality Game Entropia Universe Plans To Create 3 Million Jobs, How Online Ticket Brokers are Scamming Millions of Dollars Using Bots, 10 Potential Scenarios For Life at the New DreamWorks Animation Studios, Steven Rothberg Shares The Secret to CollegeRecruiter.com’s Business Longevity, Dissecting the Multi Billion Dollar Business of Televangelism, How Virtual Reality Game Entropia Universe Plans …, How Online Ticket Brokers are Scamming Millions …, Steven Rothberg Shares The Secret to CollegeRecruiter.com’s …, Why You Should Keep an Eye on Startup Podz, 10 Things You Didn’t Know About Brett Adcock, 10 Things You Didn’t Know about Pedro Bados, 10 Things You Didn’t Know about Roz Brewer, Five Stocks to Buy for a Potential Biden Bull Market, Five Things WallStreetBets Teaches Us About Investing. The largest trade Frank's ever made was selling 252,211 units of ServiceNow Inc stock on 1 August … Frank explained. Frank Slootman is currently a married man. Slootman knows exactly what he’s doing. The company was incorporated in Florida, Texas, California, and New York eleven years ago. 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. Much like how he runs his companies, Slootman is always direct in his speeches. Slootman, 61, is a professional CEO. In June 2012, ServiceNow became a publicly traded company following a US$210 million IPO. Cloud-data warehouse Snowflake has been the talk of the town since it announced its intention of going public. Talking about his decision to come to the states, Frank … Frank Slootman (born 1958) is a billionaire businessman, and the chairman and CEO at Snowflake Inc., a cloud data-warehousing company. A revered veteran of the enterprise data storage and software industries, Slootman was one of the company’s earliest supporters and angel investors. As reported by Forbes, the company has been raising billion on the ongoing pandemic and its shares are crossing more than $30 billion. Perhaps the biggest one is the one that deals with the CEO replacement just months before the public offering happened. Frank Slootman served as President and Chief Executive Officer (CEO) from mid-2003 through the acquisition of the company in the summer of 2009. He cuts back where he sees fit. Show more comments. In Frank Slootman, the company has someone who has done it twice before. Frank further added the fact that he always felt like he was born in the wrong country. Because of his much sought-after expertise, Slootman gets paid a decent sum of money. He published a book in 2011 called Tape Sucks. Mr. Slootman is a billionaire businessman who was born on 3 rd October 1958 in Holland. I was never a mainframe guy. Furthermore, Frank was also the CEO of the Data Domain for 6 years from 2003 to 2006. 5.9% of any company is a huge deal. Slootman’s style of leadership is not gentle at all. 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. However, at the age of 26, Frank moved to the USA in 1984 to work for Burroughs. The company's first CEO was Mike Speiser, a venture capitalist at Sutter Hill Ventures. Frank’s wife, Brenda, who is also 61 years old, is the Vice President and Secretary of the Slootman Family Foundation. 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. Length: 264 pages; Publication Date: 2020-12-04; 0. At 61 years old, Slootman has created quite the reputation for himself. There’s no surprise here. Some may describe him as direct. Summary Frank Slootman talks about his time and leadership style Key Takeaways Being cash positive, we really didn't need the money for operations, but a strong balance sheet reassures enterprise customers so they buy gear from a small supplier.This fear-based behavior can scarcely be overstated. An incredible start to life as a public company should not distract from Snowflake’s remarkable story to date. 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. Veteran tech executive Frank Slootman was retired and racing sailboats last year when an old friend reached out. However, the details of his conjugal life are known to few. Your email address will not be published. There is no information on his parents, siblings, or any other family members. I never worked in Holland, but was born, raised and educated there.