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Top related persons:
Frank Slootman - 4 Slootman - 4 Bob Muglia - 4 Snowflake - 3 Sridhar Ramaswamy - 2 Ramaswamy - 2 Muglia - 2 Ellen Thomas - 2
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Snowflake Neeva Wednesday's ethomas@insider.com Muglia RelationalAI Israel Las Vegas
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Google - 3 Microsoft - 3 Macquarie Equity Research - 1 CNBC PRO - 1 Data - 1 New York Stock Exchange - 1 Business - 1 Snowflake - 1

Search resuls for: "Bob Muglia"


5 mentions found


☆ Snowflake shares drop 20% on CEO's retirement, weak guidance
  + stars: | 2024-02-29 | by ( Alex Koller | ) www.cnbc.com   time to read: +2 min
Snowflake said its first-quarter product revenue will total between $745 million and $750 million, compared to analysts' estimates of $759 million, per StreetAccount. The company said adjusted operation margin in the first quarter will be 3%, below the 7.2% analysts expected. mitigate C-suite uncertainty," the analysts wrote to investors in a Thursday memo. The company shut down its product and was acquired by Snowflake for $185 million last year. Before Slootman's tenure, Snowflake was helmed by former Microsoft executive Bob Muglia until his sudden ousting in April 2019.
Persons: Snowflake, Frank Slootman, Sridhar Ramaswamy, Slootman, Morgan Stanley, Ramaswamy, Bob Muglia, — CNBC's Michael Bloom, Jonathan Vanian Organizations: Google, Macquarie Equity Research, Microsoft, CNBC PRO Locations: Snowflake
☆ Snowflake says Frank Slootman is retiring as CEO; stock plunges more than 20%
  + stars: | 2024-02-28 | by ( Jonathan Vanian | In | ) www.cnbc.com   time to read: +3 min
Frank Slootman, CEO of Snowflake, on the day of the company's initial public offering on Sept. 16, 2020. Snowflake said Wednesday that billionaire CEO Frank Slootman, who joined the cloud software company in 2019 and took it public the following year, is retiring and will be replaced by former Google ad chief Sridhar Ramaswamy. Slootman, 65, previously led software vendor ServiceNow into the public markets and before that led Data Domain. Operating losses for the fourth quarter were $275.5 million, up from $239.8 million during the fourth quarter of the previous year. As of Feb. 9, Slootman owned 10.6 million Snowflake shares, according to a regulatory filing.
Persons: Frank Slootman, Snowflake, Sridhar Ramaswamy, Slootman, Ramaswamy, Sridhar, Bob Muglia, Muglia, — CNBC's Jennifer Elias, Jordan Novet Organizations: Google, Data, New York Stock Exchange, Microsoft Locations: Snowflake, Neeva, Wednesday's
☆ Salesforce communications chief Brad Burns departs for Snowflake
  + stars: | 2024-01-24 | by ( Ellen Thomas | ) www.businessinsider.com   time to read: +2 min
Brad Burns, the now former chief communications officer at Salesforce, has joined Snowflake in the same role, the data-cloud company said Wednesday in a press release. At Snowflake, Burns will spearhead communications strategy and advise company leadership. Snowflake's revenue growth and that of the rest of the cloud industry slowed earlier this year as customers tightened cloud budgets after a pandemic-fueled spending spree in 2020 and 2021. Related storiesFrank Slootman, Snowflake's chair and CEO, was previously rumored to be leaving the company, Business Insider reported. Burns joined Salesforce as chief communications officer in 2018.
Persons: Brad Burns, Burns, He's, Frank Slootman, Slootman, Bob Muglia, Bret Taylor's, Salesforce, Ellen Thomas Organizations: Business Locations: Snowflake, ethomas@insider.com
☆ The former CEO of $61 billion cloud giant Snowflake lays out the key traits he looks for when deciding whether to invest in an AI startup
  + stars: | 2023-06-29 | by ( Ellen Thomas | ) www.businessinsider.com   time to read: +7 min
Written by the tech investor and former Snowflake CEO Bob Muglia, the book came out on June 13. A seasoned tech executive who once worked under Bill Gates at Microsoft, Muglia was the CEO of the fast-growing data-cloud company Snowflake until 2019. In "The Datapreneurs," Muglia set out to highlight some of the startup founders he thought were leading the charge in data analytics. You know, to me, knowledge is really data combined with analysis and insights. We certainly didn't work with that kind of data at Snowflake, at least not when I was there.
Persons: Bob Muglia, Muglia, Steve Hamm, Bill Gates, Rosey, they're, we're, — they're, Bob, It's, George Fraser, Benoit Dageville, Benoit, it'd, Roo Armande Organizations: Snowflake, Former Snowflake, Microsoft, Google Locations: Muglia, RelationalAI, Israel, Snowflake
☆ Insiders keep saying that Snowflake CEO Frank Slootman could soon step down but Slootman says he's not leaving
  + stars: | 2023-06-26 | by ( Ellen Thomas | ) www.businessinsider.com   time to read: +3 min
Frank Slootman became CEO of data cloud company Snowflake in April 2019. Snowflake CEO Frank Slootman tells Insider that ongoing rumors that he could soon step down are completely untrue. You are regurgitating competitive FUD," Slootman told us in his famously direct, no-nonsense style. "Frank Slootman is not leaving his position as Chairman and CEO of Snowflake," a spokesperson for the company told Insider. Slootman joined Snowflake as CEO in April 2019, ahead of its IPO in September 2020.
Persons: Frank Slootman, he'll, Mark McLaughlin, Snowflake, Slootman, McLaughlin, Bob Muglia's, Ellen Thomas Organizations: Palo Alto Networks, SEC, Qualcomm Locations: Snowflake, Las Vegas
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