SNOW
Software - Application · Technology
CEO
Equibles does not estimate personal net worth.
Frank Slootman was last confirmed as Board Member at Maplebear Inc. (CART) in a filing dated April 17, 2024. Earlier roles on record: CEO at Snowflake Inc. (SNOW) until February 27, 2024. Snowflake Inc. reported in an 8-K filed February 28, 2024 that Frank Slootman retired as Chief Executive Officer, effective February 27, 2024. The proxy statement of Snowflake Inc. reports total compensation of $775,196 for Frank Slootman in fiscal 2022, including a base salary of $375,000. Disclosed compensation is on record for 3 fiscal years. Frank Slootman has spoken on 14 earnings calls across 1 company, most recently for Snowflake Inc. on February 28, 2024. The companies whose calls Frank Slootman spoke on are classified in the Technology sector.
“Effective February 27, 2024, Frank Slootman retired as Chief Executive Officer of Snowflake Inc. (the “Company”), and Sridhar Ramaswamy was appointed to succeed Mr. Slootman as the Company’s new Chief Executive Officer.”
“Right now, you've heard the great news about Sridhar becoming our next CEO. Before we get to that, I would like to highlight our fiscal 2024 results. FY '24 product revenue grew 38% year-over-year to reach $2.67 billion.”
“Q3 product revenue grew 34% year-over-year to reach $698 million. Non-GAAP adjusted free cash flow was $111 million, representing 7% year-over-year growth. Results reflect strong execution in a broadly stabilizing macro environment.”
“Q2 product revenue grew 37% year-over-year to reach $640 million. Non-GAAP product growth margin expanded to 78%. Non-GAAP adjusted free cash flow was $88 million, representing 50% year-over-year growth.”
“Snowflake's product revenue grew 50% in Q1 fiscal year 2024 totaling $590 million. Our net revenue retention rate reached 151%, and remaining performance obligations came in at $3.4 billion, up 31% year-on-year.”
“Q4 product revenue grew 54% year-on-year and for the fiscal year grew 70%, totaling $1.9 billion. Q4 net revenue retention was 158%. We continue to be on track for our $10 billion product revenue goal in fiscal '29.”
Start not stated–2024-04-17
Last confirmed by a filing; no departure on record
Start not stated–2024-02-27
SNOW
Software - Application · Technology
CEO
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2022 | Snowflake Inc. (SNOW) | Chief Executive Officer and Chairman | $375,000 | $775,196 |
| 2021 | Snowflake Inc. (SNOW) | Chief Executive Officer and Chairman | $375,000 | $750,708 |
| 2020 | Snowflake Inc. (SNOW) | Chief Executive Officer and Chairman | $287,981 | $60,470,682 |