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Slootman is leaving his CEO role at Snowflake while remaining chairman, as surprised investors learned in an earnings call this week. Filling his shoes is Sridhar Ramaswamy, previously senior vice ...
He is the chief executive officer of cloud-based data-warehousing company Snowflake Inc. since February 2024. He was the cofounder and CEO of the startup company Neeva, an ad-free, privacy-focused search engine, until it was acquired by Snowflake. [1] [2] He previously led Google’s $115 billion advertising division. [1] [3]
He was CEO of the company when it went public in 2007. [3] He was appointed CEO of ServiceNow in 2011, then led its initial public offering the next year. [7] He also converted ServiceNow from a help-desk provider to a broader IT services business. [3] Slootman was appointed CEO of Snowflake on April 26, 2019. [3]
Snowflake has run on Amazon Web Services since 2014, [5] [6] on Microsoft Azure since 2018, [7] and on the Google Cloud Platform since 2019. [8] [9] In June 2015, Snowflake launched its first product, its cloud data warehouse. [10] In May 2019, Frank Slootman, formerly CEO of ServiceNow, joined Snowflake as its CEO. [8]
On Aug. 21, Snowflake reported its second-quarter results, which went up until the end of July. The company's revenue for the quarter totaled $868.8 million, a year-over-year increase of 29%.
Snowflake CEO Sridhar Ramaswamy started the Q3 earnings call by saying, "Our AI feature family Snowflake Cortex is showing significant adoption." And while the revenue growth rate still ticked ...
It's been just three months since Sridhar Ramaswamy, a former Google senior executive, took the reins as CEO of Snowflake, and one big change under the new boss is already easy to spot: The decade ...
He was the fourth executive reporting directly to Microsoft CEO Steve Ballmer to resign between early 2010 and 2011. According to Financial Times , Ballmer credited Muglia for growing the servers and tools division, but implied the departure was related to disagreements between the two executives about the company's cloud computing strategy.