Frank Slootman

Frank Slootman

$2.78 B

Ranked #1470 in World

About Frank Slootman

Frank Slootman, born in 1958 in the Netherlands and a distinguished figure in the business and literary world, has made his mark by elevating companies to public market debuts, successfully leading three firms through their initial public offerings (IPOs). His academic roots are in economics and General Business Administration, both degrees received from Erasmus University Rotterdam, before moving to the United States in 1982. Slootman's career took a significant turn in 1995 with a management role at Compuware, stepping into the CEO role at Data Domain in 2003 where he facilitated growth and steered the company until its acquisition by EMC in 2009. His leadership prowess was further demonstrated as CEO of ServiceNow in 2011, transforming it into a major IT services business, and later at Snowflake from April 26, 2019, where he navigated the company through a landmark IPO during the pandemic. Besides his corporate success, Slootman is also an author of notable works including "Amp It Up" (2022), and will transition to Chairman of the Board after announcing retirement from Snowflake on February 28, 2024, with Sridhar Ramaswamy set to succeed him as CEO.

Born

October 03, 1958

Age

67 years

Source Of Wealth

Software

Industries

Technology

Citizenship

United States

Residence

Pleasanton, California

Education

Bachelor of Science, Erasmus University Rotterdam, The Netherlands; Master of Science, Erasmus University Rotterdam, The Netherlands

Frank Slootman, a prominent businessman and author, was born in 1958 in the Netherlands. He displayed a passion for learning and pursued a degree in economics at Erasmus University Rotterdam. During his time at university, he gained valuable experience in market research, working for the renowned tire company Uniroyal. His academic journey continued as he earned a doctorate in General Business Administration from Erasmus University Rotterdam, further solidifying his expertise in the business world.

Frank Slootman: Family

Information about Frank Slootman's family is not provided in the given context.

Frank Slootman: Career Highlights

Frank Slootman's career is marked by significant achievements and leadership roles. His first management position was at Compuware in 1995, where he demonstrated his managerial skills. In 2003, he took on the role of CEO at Data Domain, where he faced the challenge of avoiding bankruptcy. Through his strategic leadership, he successfully raised funding and increased revenue for the company over the next four years. In 2009, Data Domain was acquired by EMC, leading Slootman to depart from the company.

In 2011, Slootman became the CEO of ServiceNow, where he played a pivotal role in transforming the company from a help-desk provider into a broader IT services business. Under his guidance, ServiceNow experienced remarkable growth and successfully completed an initial public offering the following year. Slootman's leadership was instrumental in shaping ServiceNow's trajectory and establishing its position in the IT industry.

On April 26, 2019, Slootman was appointed as the CEO of Snowflake, a cloud data warehousing company. His tenure at Snowflake was marked by significant milestones, including preparing the company for an initial public offering during the challenging circumstances of the COVID-19 pandemic. During the IPO, Slootman held a substantial 5.9% interest in the company, reflecting his confidence in its potential. Additionally, Slootman authored several books, sharing his insights and experiences in the business world.

His notable publications include "Amp it Up: Leading for Hypergrowth by Raising Expectations, Increasing Urgency and Elevating Intensity" (2022), "TAPE SUCKS: Inside Data Domain, A Silicon Valley Growth Story" (2011), and "Rise of the Data Cloud" (2020).

Frank Slootman: Companies

Frank Slootman has held leadership positions in several notable companies throughout his career. These include:

  • Compuware
  • Data Domain
  • ServiceNow
  • Snowflake

Frank Slootman: Major Achievements

Frank Slootman's major achievements include:

  • Successfully led three companies through initial public offerings (IPOs).
  • Turned around Data Domain, increasing revenue and avoiding bankruptcy.
  • Transformed ServiceNow from a help-desk provider to a broader IT services business.
  • Prepared Snowflake for an initial public offering during the COVID-19 pandemic.

Frank Slootman: Awards & Achievements

Information about Frank Slootman's awards and achievements is not provided in the given context.

Frank Slootman: Personal Life & Legacy

Details about Frank Slootman's personal life and legacy are not available in the provided information.

Frank Slootman: Trivia

Frank Slootman is known for his passion for cycling and has participated in several cycling events, including the Tour de France.

Wealth History

Timeline

1958

Frank Slootman is born in the Netherlands.

1982

Slootman moves to the United States.

1995

Slootman takes his first management position at Compuware.

2003

Slootman becomes CEO of Data Domain.

2009

Slootman leaves Data Domain as part of EMC's acquisition of the company.

2011

Slootman becomes CEO of ServiceNow.

2012

Slootman leads ServiceNow's initial public offering.

2019

Slootman is appointed CEO of Snowflake.

2020

Slootman publishes the book 'Rise of the Data Cloud'.

2022

Slootman publishes the book 'Amp It Up'.

February 28, 2024

Slootman announces his retirement from Snowflake.

Frank Slootman : FAQs

What is Frank Slootman's current net worth?

Frank Slootman's current net worth is $2.78 billion.

What is Frank Slootman's current global rank among billionaires?

Frank Slootman holds the 1470th position globally among billionaires.

What is Frank Slootman's current ranking within the United States?

Frank Slootman holds the 523rd position in United States.

What was the change in Frank Slootman's net worth compared to the previous year?

Frank Slootman's net worth decreased by 585.95 million dollars compared to the previous year 2025, when his net worth was 3.37 billion dollars.

What is the recent change in Frank Slootman's net worth?

Frank Slootman's net worth increased by 20.08 million dollars recently, a 0.72% increase, with his net worth standing at 2.78 billion dollars.

What are Frank Slootman's main sources of wealth?

Frank Slootman's main source of income comes from Software.

In which industry does Frank Slootman primarily operate?

Frank Slootman is primarily involved in the Technology industry.

What is Frank Slootman educational background?

Frank Slootman holds a Bachelor of Science from Erasmus University Rotterdam from The Netherlands and a Master of Science from Erasmus University Rotterdam from The Netherlands.

How old is Frank Slootman?

Frank Slootman is 67 years old.

How many children does Frank Slootman have?

Frank Slootman has 2 children.
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