BillionaireNet
Slootman
Frank Slootman
Rank #1197
UNITED STATESTechnologySoftware

Frank Slootman

Net Worth
$3.376B
+1.32% (24h)
Frank Slootman is a highly respected figure in the tech industry, known for his ability to scale companies and lead them through successful IPOs. Born in the Netherlands, Slootman moved to the United States and built a remarkable career. His net worth of $3.6 billion is a testament to his success at Snowflake, ServiceNow, and Data Domain. Slootman is recognized for his no-nonsense leadership style and operational expertise, making him a benchmark for excellence in the tech sector. His career demonstrates a clear pattern of identifying opportunities and driving hypergrowth.

The Full Dossier

Early Life and Education

Frank Slootman was born in the Netherlands in 1958. He earned a degree in economics and a doctorate in General Business Administration from Erasmus University Rotterdam. In 1982, Slootman immigrated to the United States, setting the stage for his impactful career in the tech industry.

Rise to Success

Slootman's career took off with a management position at Compuware in 1995. He became CEO of Data Domain in 2003, where he raised funding and increased revenue before its acquisition by EMC in 2009. In 2011, Slootman became CEO of ServiceNow, converting the company from a help-desk provider to a broader IT services business. On April 26, 2019, he was appointed CEO of Snowflake, leading the company through a record-breaking IPO in 2020 during the COVID-19 pandemic.

Key Business Strategies

Slootman is known for his focus on operational efficiency and a decisive leadership approach. His strategic vision and ability to execute have been crucial in scaling companies and navigating complex market challenges. He also prepared Snowflake for a successful IPO, despite the challenges of the pandemic. Slootman emphasizes building teams and ensuring the right talent aligns with the company's strategic goals.

Philanthropy

While specific philanthropy amounts are not readily available, Slootman's success suggests potential for significant philanthropic involvement in the future.

Career Timeline

2024

Retired as CEO of Snowflake

Sridhar Ramaswamy replaced him as CEO, he remains as Chairman of the Board

2020

Snowflake IPO

Led Snowflake through its IPO

2019

CEO of Snowflake

Appointed CEO of Snowflake

2011

CEO of ServiceNow

Transformed ServiceNow into a major IT services business

2003

CEO of Data Domain

Led Data Domain and increased revenue

1995

Management Position

Took his first management position at Compuware

Philanthropic Impact

Information not available$XB

Information not available

Information not available

Wealth Trajectory