Frank Slootman
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Frank Slootman (born 1958) is a businessman and author known for growing companies founded by others. Slootman has taken three companies through an
initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...
.


Early life and education

Slootman was born in the
Netherlands , Terminology of the Low Countries, informally Holland, is a country in Northwestern Europe, with Caribbean Netherlands, overseas territories in the Caribbean. It is the largest of the four constituent countries of the Kingdom of the Nether ...
and earned a degree in economics at
Erasmus University Rotterdam Erasmus University Rotterdam ( ; abbreviated as EUR) is a public research university located in Rotterdam, Netherlands. The university is named after Desiderius Erasmus Roterodamus, a 15th-century Christian humanist and theologian. Erasmus M ...
. He did market research for tire company
Uniroyal Uniroyal, formerly known as the United States Rubber Company, is an American manufacturer of tires and other synthetic rubber-related products, as well as variety of items for military use, such as ammunition, explosives, chemical weapons and op ...
, before earning a doctorate in General Business Administration from the same university. After graduating, Slootman moved to the United States in 1982.


Career

Slootman's first management position was at
Compuware Compuware Corporation was an American software company based in Detroit. The company offered products aimed at the information technology (IT) departments of large businesses, and its services also included testing, development, automation and p ...
in 1995. His first CEO position was at
Data Domain In data management and database analysis, a data domain is the collection of values that a data element may contain. The rule for determining the domain boundary may be as simple as a data type with an enumerated list of values. For example, ...
in 2003. During his time at Data Domain, the company raised funding to avoid bankruptcy and increased revenue for the next four years. He left Data Domain in 2009 as part of EMC's acquisition of the company. He was CEO of the company when it went public in 2007. He was appointed CEO of
ServiceNow ServiceNow, Inc. is an American software company based in Santa Clara, California, that supplies a cloud computing platform for the creation and management of automated business workflows. It is used predominantly for the automation of informati ...
in 2011, then led its
initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...
the next year. He also converted ServiceNow from a help-desk provider to a broader IT services business. Slootman was appointed CEO of
Snowflake A snowflake is a single ice crystal that is large enough to fall through the Earth's atmosphere as snow.Knight, C.; Knight, N. (1973). Snow crystals. Scientific American, vol. 228, no. 1, pp. 100–107.Hobbs, P.V. 1974. Ice Physics. Oxford: C ...
on April 26, 2019. Slootman prepared the company for an initial public offering during the
COVID-19 pandemic The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December ...
. Slootman held a 5.9% interest in the company during the IPO. In 2022, Slootman published a book called ''Amp it Up: Leading for Hypergrowth by Raising Expectations, Increasing Urgency and Elevating Intensity''. On February 28, 2024, Snowflake announced that Slootman was retiring and
Sridhar Ramaswamy Sridhar Ramaswamy (born 1967) is an Indian-American computer scientist and executive. 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 compa ...
would be replacing him as CEO. He would remain Chairman of the Board.


Books

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References


External links


LinkedIn profile
{{DEFAULTSORT:Slootman, Frank Living people 1958 births Dutch business executives 21st-century Dutch male writers 21st-century Dutch non-fiction writers