Sundar PichaiSundar Pichai earned $164M in 2023

Frank Slootman is the CEO and Chairman of Snowflake Inc., a cloud-based data platform that has rapidly become a leader in the tech industry. He holds a Business Administration degree from the University of California, Berkeley, and has extensive experience...

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Frank Slootman

Ex-CEO of Snowflake

Education

MBA from Erasmus University

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

September 3, 1959 - 65 years ago

CEO of Snowflake for

4 years 10 months (Apr 2019 - Feb 2024)

Previous Experience

CEO of ServiceNow, CEO of Data Domain, and CEO of Loudcloud.

Holdings

See how much did Frank Slootman make over time.

Frank Slootman has a significant ownership in Snowflake Inc., with about 12.9 million shares to his name. At times, this represented a substantial part of his wealth, especially during the company's rapid stock price increases. His biggest wealth was likely...

Total Stock Sold

$1.55B

NOW

$570.68M

6,847,891 NOW shares

SNOW

$979.95M

3,737,277 SNOW shares

What if they kept their stock?

If Frank Slootman didn't sell their stock, today they would have:
Extra NOW6,847,891 shares worth $1.94B and SNOW3,737,277 shares worth $949.01M.
This is 86.43% and $1.34B more than what they got when they sold the stock.

Charitable Transactions

NOW

186,650 shares

NOW

SNOW

488,054 shares

SNOW

Recent Charitable Transactions

SNOW

1,173 shares

SNOW

Dec 19, 2024

Charity

SNOW

385,500 shares

SNOW

Mar 9, 2022

Charity

SNOW

17,582 shares

SNOW

Dec 15, 2021

Charity

SNOW

6,309 shares

SNOW

Nov 22, 2021

Charity

SNOW

6,309 shares

SNOW

Oct 29, 2021

Charity

SNOW

6,309 shares

SNOW

Oct 20, 2021

Charity

Insider Trading

See recent insider trades of Frank Slootman.

SNOW

$35.23M

SNOW at $176.15/share

Jan 21, 2025

Sale

SNOW

$15.50M

SNOW at $155.00/share

Dec 30, 2024

Sale

SNOW

1,173 shares

SNOW

Dec 19, 2024

Charity

SNOW

$1.15M

SNOW at $171.00/share

Dec 16, 2024

Sale

SNOW

$306.45K

SNOW at $179.00/share

Dec 9, 2024

Sale

SNOW

$702.96K

SNOW at $176.09/share

Dec 2, 2024

Sale

SNOW

$10.54M

SNOW at $176.80/share

Nov 29, 2024

Sale

SNOW

$15.94M

SNOW at $176.09/share

Nov 25, 2024

Sale

SNOW

$8.12M

SNOW at $176.84/share

Nov 22, 2024

Sale

SNOW

$715.05K

SNOW at $114.39/share

Sep 16, 2024

Sale

Compensation History

See how much did Frank Slootman make over time.

In 2023, Frank Slootman earned a total compensation package of $911,949. This amount includes a salary of $450,000 and a performance-based cash bonus of about $461,262, reflecting his focus on driving company success through measurable goals. His bonus is tied to the achievement of specific corporate metrics, which emphasizes results and accountability. In previous years, his compensation has seen bigger figures, including a remarkable total of over $23 million in 2022, driven mainly by stock options and bonuses. Slootman's pay structure is designed to retain top talent and align his goals with the interests of the company's shareholders. His approach reflects a commitment to performance over time, making him a strong leader in the fast-paced tech landscape.

Year

2023

Total Compensation

$911.95K

Salary

$450.00K

Board Justification

The compensation philosophy is designed to attract, retain, and motivate top executive talent while aligning their interests with those of stockholders through performance-based incentives.

Bonus

$461.26K

Board Justification

Quarterly performance-based cash bonus based on achievement of specific corporate performance metrics.

Other

$687.00

Board Justification

Premiums for life, disability, and accidental death and dismemberment insurance paid by the company.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2023 as the focus is on cash compensation and performance-based bonuses.

Performance Metrics

Performance metrics include quarterly product revenue, non-GAAP product gross margin, and non-GAAP operating margin.

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