Founded in 2004 by Fred Luddy, ServiceNow is listed on the New York Stock Exchange and is a constituent of the Russell 1000 … However, at the age of 26, Frank moved to the USA in 1984 to work for Burroughs. He’s thrifty. 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. [6], Until mid-2005, Luddy was the only employee and concentrated on developing the software which the company would offer. Frank Slootman Bio: Early Life. Five Fintech Stocks You Can Buy and Hold Forever, The Traveler’s Guide to Hiking in Santa Rosa, CA, A Traveler’s Guide to Beaches in Santa Rosa, CA, The 10 Most Reliable Infiniti Models of All-Time, The Five Best Lexus Cars for Off-Road Driving, The Five Best Infiniti Hybrid Models Money Can Buy, The Five Best Louis Vuitton Watches Money Can Buy, The History of the Chopard Happy Fish Watch, How Tom Hardy Achieved a Net Worth of $45 Million, How Candace Cameron Bure Achieved a Net Worth of $14 Million, How Kirstie Alley Achieved a Net Worth of $70 Million, How Rachel McAdams Achieved a Net Worth of $16 Million. [6] In 2006, the company changed its name to ServiceNow. As an employee of Data Domain through much of this period, I found that the book reads a lot like how Frank actually came across in real life; energetic, lively and full of drive. I have American citizenship, which I treasure greatly, but there is no denying my Dutch roots. Show more comments. 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. Which was then followed by his association with Compuware and software company Borland. 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 … Frank Slootman Chairman and CEO at Snowflake. Zero of the companies are still active while the remaining two are now listed as inactive. Frank Slootman currently serves as Chairman and CEO at Snowflake. Frank Slootman is the CEO of the Cloud-based data storage company Snowflake. First we want to congratulate the many people at Snowflake. 0 ratings. Which was then followed by his association with Compuware and software company Borland. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. Snowflake CEO Frank Slootman just led his third blockbuster IPO which saw the cloud startup's shares soar in its trading debut. I was never a mainframe guy. I was rejected at least a dozen times by IBM. Frank Slootman is Chairman/CEO at Snowflake Computing Inc. See Frank Slootman's compensation, career history, education, & memberships. And eventually, his journey led him to Data Domain. But you don’t achieve a … Frank has made over 91 trades of the ServiceNow Inc stock since 2013, according to the Form 4 filled with the SEC. 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. Slootman came to the U.S. from the Netherlands in 1984 with $100 or so in his pocket. Furthermore, Frank was also the CEO of the Data Domain for 6 years from 2003 to 2006. A native from The Netherlands, Frank started his career with Burroughs Corporation in Detroit. Further, Frank also shed some lights on his early work experience at Burroughs. Senada Greca Wiki: Age, Birthday, Husband, Net Worth, Height, Ethnicity, Boyfriend, Biography, Fatima Goss Graves Bio Wikipedia: Husband, Age, Net Worth, Instagram, Children, Birthday. He will advise across Blackstone’s businesses, with a focus on Blackstone Growth (BXG). This is probably the biggest understatement of the year. Hot Searches. Author: Frank Slootman. Slootman is going to take Snowflake for quite the ride, and you have to decide whether you’re getting in his car or not. 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What Made Us Different At Data Domain and ServiceNow. He cuts back where he sees fit. The company has executed nearly flawlessly since inception, scaling revenue, winning top-tier customers, and expanding with them. Mike Speiser, managing director … The company currently has a market cap of $48 billion. Mr. Slootman is a billionaire businessman who was born on 3rd October 1958 in Holland. 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. The company is one of the most prominent IPOs in 2020. Senada Greca Wiki: Age, Birthday, Husband, Net Worth, Height, Ethnicity, Boyfriend, Biography, Fatima Goss Graves Bio Wikipedia: Husband, Age, Net Worth, Instagram, Children, Birthday. Much like how he runs his companies, Slootman is always direct in his speeches. 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. But you don’t achieve a $1.8 billion net worth by being a spendthrift. However, at the age of 26, Frank moved to the USA in 1984 to work for Burroughs. Because of his much sought-after expertise, Slootman gets paid a decent sum of money. Given his accolades, Slootman gets invited to speak at many events. Also, they haven’t shared any details on their parenthood, but we believe that the two have a son together. by Frank Slootman, Steve Hamm. It’s none other than CEO Frank Slootman, and here are 10 things about the guy behind the current Snowflake craze. 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. The largest trade Frank's ever made was selling 252,211 units of ServiceNow Inc stock on 1 August … At 61 years old, Slootman has created quite the reputation for himself. While everything about Snowflake is hot in the market, we’re left asking who is at the helm of it all. 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. Some may describe him as direct. He cancelled the luxurious annual employee ski trip to Tahoe. Prior to Data Domain, Frank held executive technology management roles at Borland and Compuware Corporation. 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). Mr. Slootman is a billionaire businessman who was born on 3 rd October 1958 in Holland. Frank Slootman is currently a married man. Frank Slootman is the CEO of the Cloud-based data storage company Snowflake. Perhaps that’s exactly the kind of leadership that gets a million-dollar business into the realm of billions. Frank Slootman Overview Frank Slootman has been associated with two companies, according to public records. Sign in to leave your comment. Veteran tech executive Frank Slootman was retired and racing sailboats last year when an old friend reached out. There’s no surprise here. Talking about his education, Frank first attended in Netherlands School of Economics and graduated in 1977. Slootman came on board in early May 2019 and started his sterling resume in the enterprise software world. If you want to know more about this CEO, this might be the book to read. Afterwards, he attended … He also scaled the workplace back tremendously from stunning spaces in San Francisco to headquarters in San Mateo. 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. 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. And eventually, his journey led him to Data Domain. An in-house cafeteria replaced the usual catered lunch offerings, and sales representatives no longer had free reins on unexplained spending. This book concisely describes the history, explosive growth, and eventual sale of Data Domain, as viewed through the unique lens of Frank Slootman. It was hard for me to work in a big company, too slow and rigid, just not inspired. After all, he has experience on his side. 136 comments. 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. If there were one person you could sit and learn from today, who would it be? Frank Slootman is currently a married man. This sum is more than what the CEOs of Salesforce, Oracle, and even Microsoft was making. Otcmkts: Lmrmf, Wolfsburg City, Frank Slootman is the CEO of the Cloud-based data storage company Snowflake. 5.9% of any company is a huge deal. Most recently Frank exercised 100,000 units of NOW stock worth $2,084,000 on 1 June 2018.. But then again, there really is only one Frank Slootman, IPO master in the world. Slootman’s style of leadership is not gentle at all. Frank Slootman Frank Slootman (born 1958) is a billionaire businessman, and the chairman and CEO at Snowflake Inc., a cloud data-warehousing company. As cool as it may sound, Slootman doesn’t actually have a literal invisible hand. Snowflake is Slootman’s third IPO. Frank further added the fact that he always felt like he was born in the wrong country. 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. 1 ranking on the 2018 Forbes Most Innovative Companies list ServiceNow, based in Santa Clara, California, maintains a $30 billion market cap--and the No. I entered the US in 1984. More from Frank Slootman A revered veteran of the enterprise data storage and software industries, Slootman was one of the company’s earliest supporters and angel investors. From what we have known, Frank Slootman is married to his wife Brenda Lynne Slootman. He knows what problems exist in his field today, and he knows how to address them as well. Others might say that he’s completely brash. Frank Slootman's story started in Holland At 62 years old, Slootman is Snowflake's chairman and CEO. Snowflake’s debut on the New York Stock Exchange on September 16 under the ticker “SNOW” delivered the much anticipated blockbuster opening. Frank Slootman has a vision of the future. Slootman is known for … He is currently the chairman and CEO of Snowflake and is an entrepreneur with over 25 years of enterprise software industry experience. 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. Similar is the scenario with his married life. There is no information on his parents, siblings, or any other family members. Frank explained. An incredible start to life as a public company should not distract from Snowflake’s remarkable story to date. Frank Slootman (born 1958) is a billionaire businessman, and the chairman and CEO at Snowflake Inc., a cloud data-warehousing company. Background Report for Frank Slootman. Frank Slootman was born on October 3, 1958, and is 61 years old as of September 2020. The company's name was chosen as a tribute to the founders' love of snow sports. He published a book in 2011 called Tape Sucks. I worked on the merger of Burroughs and Sperry which became Unisys. This is probably the biggest understatement of the year. He attended the Netherlands School of Economics and graduated in 1977. This morning, Pure Storage announced that Frank Slootman joined its Board of Directors. Your email address will not be published. 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. In Frank Slootman, the company has someone who has done it twice before. Perhaps the biggest one is the one that deals with the CEO replacement just months before the public offering happened. The Blackstone Group, Inc. has appointed Frank Slootman as a senior advisor. In June 2012, ServiceNow became a publicly traded company following a US$210 million IPO. I never worked in Holland, but was born, raised and educated there. The couple has been married for many years now, but the timeline of their wedding and relationship isn’t made public. Dageville and Cruanes previously worked as data architects at Oracle Corporation; Zukowski was a co-founder of the Dutch start-up Vectorwise. Today, Slootman’s net worth shot up to $1.8 billion because of the Snowflake IPO. The company's first CEO was Mike Speiser, a venture capitalist at Sutter Hill Ventures. Mr. Slootman served as CEO and President of ServiceNow from 2011 to 2017. There are many questions left unanswered about the months leading up to Snowflake going public. Slootman received both his undergraduate and graduate degrees from the Erasmus University Rotterdam School of Economics. Length: 264 pages; Publication Date: 2020-12-04; 0. Slootman previously served as CEO for Data Domain and for ServiceNow, which he both took public. The book accounts his time in Data Domain and so much more. The reason for which he describes as, The energy, buoyancy, and temperament in this country greatly appeal to me. Large enterprises consistently prioritize their buying decisions to … Follow. Is Sundial Growers Stock a Wise Investment? 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 expressed in an interview; how he had never worked in the country where he was born. Slootman became a billionaire with a net worth of $1.8 billion in September 2020 as Snowflake shares soared 115% in the IPO. Snowflake Inc. was founded in 2012 in San Mateo, California by three data warehousing experts: Benoit Dageville, Thierry Cruanes and Marcin Zukowski. Frank Slootman is currently associated with one company, according to public records. For example, he made a few changes at Snowflake when he became CEO. These addresses are known to be associated with Frank Slootman however they may be inactive or mailing addresses only. 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.