Sridhar Ramaswamy Named Chief Executive Officer of Snowflake
28 Février 2024 - 10:05PM
Business Wire
Frank Slootman remains Chairman of the
Board
Snowflake (NYSE: SNOW), the Data Cloud company, announced today
that Frank Slootman has decided to retire as Chief Executive
Officer and Sridhar Ramaswamy has been named as Chief Executive
Officer and member of the Board of Directors effective immediately.
Mr. Ramaswamy previously held the position of Senior Vice President
of AI at Snowflake.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240228398564/en/
Sridhar Ramaswamy, Chief Executive
Officer of Snowflake (Photo: Business Wire)
Frank Slootman will continue to serve as Chairman of the
Board.
“As the leading cloud data platform, Snowflake is at the
epicenter of the AI revolution,” said Slootman. “There is no better
person than Sridhar to lead Snowflake into this next phase of
growth and deliver on the opportunity ahead in AI and machine
learning. He is a visionary technologist with a proven track record
of running and scaling successful businesses. I have the utmost
confidence in Sridhar and look forward to working with him as he
assumes this new role.”
“In the last 12 years, Frank and the entire team have
established Snowflake as the leading cloud data platform that is
providing enterprises with the secure, scalable and cost effective
data foundation and cutting-edge AI building blocks they need to
build for the future,” said Ramaswamy. “I am honored to have been
chosen to lead the company into this next chapter of growth. We
have an enormous opportunity ahead to help all customers leverage
AI to deliver massive business value. My focus will be on
accelerating our ability to bring innovation to our customers and
partners.”
Since joining Snowflake in May 2023 in connection with the
company’s acquisition of Neeva, the world’s first private AI
powered search engine, Ramaswamy has been spearheading Snowflake’s
AI strategy. He led the launch of Snowflake Cortex, Snowflake’s new
fully managed service that makes AI simple and secure for all users
to quickly drive business value. Prior to joining Snowflake,
Ramaswamy co-founded Neeva in 2019.
Previously, Ramaswamy led all of Google’s Advertising products,
which included search, display and video advertising, analytics,
shopping, payments, and travel. During his 15 years at Google he
was an integral part of the growth of AdWords and Google’s
advertising business from $1.5 billion to over $100 billion.
Ramaswamy also held research positions at Bell Labs, Lucent
Technologies, and Bell Communications Research (Bellcore).
Ramaswamy was a Venture Partner at Greylock Partners from October
2018 until recently, and he sits on the board of trustees at Brown
University.
About Snowflake
Snowflake enables every organization to mobilize their data with
Snowflake’s Data Cloud. Customers use the Data Cloud to unite
siloed data, discover and securely share data, power data
applications, and execute diverse AI/ML and analytic workloads.
Wherever data or users live, Snowflake delivers a single data
experience that spans multiple clouds and geographies. Thousands of
customers across many industries, including 691 of the 2023 Forbes
Global 2000 (G2K) as of January 31, 2024, use Snowflake Data Cloud
to power their businesses. Learn more at snowflake.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240228398564/en/
Eszter Szikora Head of Public Relations Press@snowflake.com
Snowflake (NYSE:SNOW)
Graphique Historique de l'Action
De Avr 2024 à Mai 2024
Snowflake (NYSE:SNOW)
Graphique Historique de l'Action
De Mai 2023 à Mai 2024