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Slootman
Frank Slootman
Rank #1567
UNITED STATESTechnologySoftware

Frank Slootman

Net Worth
$2.674B
+1.5% (24h)
Frank Slootman is a highly respected business leader and author, known for his ability to drive hypergrowth in technology companies. Born in the Netherlands, Slootman earned degrees in economics before moving to the US. He is celebrated for taking three companies, Data Domain, ServiceNow, and Snowflake, through successful IPOs. His source of wealth stems from the software industry. As of 2024, his net worth is estimated at $2.9 billion. Slootman is known for his direct leadership style and emphasis on execution, urgency, and high standards. He retired as Snowflake's CEO in February 2024 but continues to serve as Chairman of the Board.

The Full Dossier

Early Life

Frank Slootman was born in the Netherlands in 1958 and earned degrees in economics from Erasmus University Rotterdam. After graduating, he moved to the United States in 1982.

Rise to Success

Slootman's career in the tech industry began in 1995 at Compuware. His first CEO position was at Data Domain in 2003. During his tenure, he took the company public in 2007 and oversaw its acquisition by EMC in 2009. He then became CEO of ServiceNow in 2011, leading its IPO in 2012. In 2019, Slootman was appointed CEO of Snowflake and steered the company through a landmark IPO in 2020, solidifying his reputation as a master of taking companies public. He retired as CEO of Snowflake on February 28, 2024, and currently serves as the Chairman of the Board.

Key Business Strategies

Slootman is known for his no-nonsense leadership, emphasizing high standards, urgency, and accountability. His key strategies include setting clear and compelling goals, fostering direct communication, and building a culture of execution. He is also known for his ability to quickly identify and remove obstacles to growth, streamlining processes and focusing on results.

Philanthropy

Specific philanthropy amounts are not readily available. However, Slootman is the author of the book 'Amp It Up', and any proceeds from it will be used for charitable purposes.

Career Timeline

2024

Retired as CEO of Snowflake

Remains Chairman of the Board.

2019

CEO of Snowflake

Led Snowflake to a record-breaking IPO in 2020.

2011

CEO of ServiceNow

Took ServiceNow public in 2012.

2003

CEO of Data Domain

Led the company to an IPO in 2007.

1995

First management position

At Compuware.

Philanthropic Impact

Charitable Giving$XB

Proceeds from "Amp It Up"

Proceeds from the book are used for charitable purposes.

Wealth Trajectory