Frank Slootman Net Worth
Frank Slootman
Body Measurement
Body typeAverage
Height5 feet 8 inches
Weight68 Kg
Hair ColorLight Brown
Eye ColorGrey
Shoe Size10 (US)
Full NameFrank Slootman
NicknameFrank Slootman
GenderMale
Date of BirthOctober 3, 1958
Age65 Years
ProfessionBusinessman and author
Frank Slootman Net Worth$3.7 billion
Education degree in economics at Erasmus University Rotterdam.
NationalityAmerican
BirthplaceHolland
HometownHolland
ReligionChristianity
Zodiac SignLibra
Father
Mother
Spouse Brenda Lynne Slootman
Children
Siblings
LinkedinFrank Slootman
WikipediaFrank Slootman
Frank Slootman Net Worth

Childhood & Early Life

Born in 1958, Frank Slootman is a well-known businessman and author who has built businesses that other people have started. Slootman has led the IPO process for three different businesses.

Frank Slootman Net Worth

Born in the Netherlands, Slootman graduated from Erasmus University Rotterdam with a degree in economics. Prior to receiving a doctorate in general business administration from the same university, he conducted market research for the tire company Uniroyal. In 1982, Slootman immigrated to the US after receiving his degree.

He often thinks back on his childhood and recognizes the contribution of both cultures to the formation of his identity.

Frank Slootman Net Worth

Brenda Lynne Slootman, Frank’s spouse, is also an important member of the Slootman Family Foundation. Their life together is one of prosperity and charity. Although particulars regarding their family life are kept confidential, their relationship is a testament to their shared beliefs and mutual support.

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Career

In 1995, Slootman took on his first managerial role at Compuware.

In 2003, he took on his first CEO role at Data Domain. He raised money for Data Domain, helping the company stay out of bankruptcy and boost sales for the following four years. As part of Data Domain’s 2009 acquisition by EMC, he departed the company. When the company went public in 2007, he served as CEO.

Frank Slootman Net Worth

After joining ServiceNow as CEO in 2011, he oversaw the company’s IPO the following year. He also transformed ServiceNow into a more comprehensive IT services company from a help-desk provider.

April 26, 2019 saw the appointment of Slootman as CEO of Snowflake. Throughout the COVID-19 pandemic, Slootman readied the business for an IPO. During the IPO, Slootman owned a 5.9% stake in the business.

Amp it Up: Leading for Hypergrowth by Raising Expectations, Increasing Urgency, and Elevating Intensity is a book written by Slootman that was published in 2022.

The announcement that Slootman was leaving and Sridhar Ramaswamy would take over as CEO came from Snowflake on February 28, 2024. He was going to stay the Board Chairman.

Frank Slootman Net Worth

Slootman currently serves as Chairman and CEO of Snowflake, where his influence is still felt and shaping the future of enterprise software. Known for his ability to spark growth and his strategic acumen, Slootman has led Snowflake to become a dominant player in the industry, with a $48 billion market valuation.

The fact that he has consistently led businesses to previously unheard-of levels of success confirms his status as a visionary leader.

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Frank Slootman Net Worth

major Works/Books

  • Slootman, Frank (2022-01-19). Amp It Up. John Wiley & Sons. ISBN 1-119-83611-5.
  • Slootman, Frank (May 13, 2011). TAPE SUCKS: Inside Data Domain, A Silicon Valley Growth Story. ISBN 0-615-48406-9.
  • Slootman, Frank; Hamm, Steve (December 4, 2020). Rise of the Data Cloud. ISBN 1728363608.
Frank Slootman Net Worth

Awards and Achievements

Slootman’s career achievements have significantly contributed to his wealth. Through successful roles at companies like Data Domain and ServiceNow, his net worth reached an impressive $3.7 billion as of 2023, according to Forbes.

Frank Slootman Net Worth

His leadership positions and strategic vision have played a vital role in driving these companies towards financial success.

Frank Slootman Net Worth

Although Slootman is no longer the CEO of the US-based cloud firm, Snowflake, he will continue his role as the chairman of the board. His net worth, after withdrawing from the CEO position, was reported to be around $3.7 billion (Rs 30,710 crore).

Frank Slootman Net Worth

Controversy

Frank Slootman, who just stepped down as Snowflake Inc. chief executive officer, isn’t a name that springs to mind as one of the tech industry’s most prominent CEOs. But Slootman has parlayed his time atop three companies into a net worth higher than tech leaders like Apple Inc.’s Tim Cook or Microsoft Corp.’s Satya Nadella.

Frank Slootman Net Worth

As Slootman leaves his CEO post at the software company, he has a fortune of about $3.7 billion, according to the Bloomberg Billionaires Index. That tops Cook, who is worth about $2 billion, and Nadella, who was not yet a billionaire as of July 2023.

Frank Slootman Net Worth

10 things you didn’t know about Frank Slootman!

  • Frank Slootman was born on February 3, 1958, in Amsterdam, Netherlands.
  • Slootman holds a Master’s degree in Business Administration (MBA) from the University of California, Berkeley, and a Bachelor’s degree in Business Economics from the Netherlands School of Economics.
  • Before entering the business world, Slootman served in the Royal Netherlands Marine Corps.
  • His military background may have influenced his leadership style and discipline in the corporate world.
  • Frank Slootman has an impressive track record of serving as CEO for three major technology companies: Data Domain, ServiceNow, and Snowflake.
  • During his tenure as CEO of ServiceNow, Slootman played a crucial role in transforming the company from a small business to a leading player in the IT service management sector. Under his leadership, ServiceNow went public in 2012.
  • Known for his authoritative and results-driven leadership style, Slootman is recognized for making bold decisions to drive growth and innovation within the companies he leads.
  • Slootman has been involved in the venture capital scene, serving as a partner at Sutter Hill Ventures.
  • His insights and experience make him a valuable figure in the tech investment landscape.
  • Frank Slootman has spoken about the importance of mental health in the workplace.

FAQs

What positions has Frank Slootman held in the tech industry?

Frank Slootman is widely recognized for his roles as CEO in several technology companies, including Data Domain, ServiceNow, and Snowflake.

When and where was Frank Slootman born?

Frank Slootman was born on October 6, 1959, in Amsterdam, Netherlands.

What is Frank Slootman’s background and education?

Frank Slootman holds a Bachelor of Science in Econometrics and Computer Science from Erasmus University in Rotterdam, Netherlands.

Who is Frank Slootman?

Frank Slootman is a Dutch-American businessman and technology executive known for his leadership roles in various successful tech companies.

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