An Unexpected Snowstorm in Tech Town – C-Suite Transitions
Snowflake (SNOW): $163.04
Market Cap: $53.69 B
Enterprise Value: $49.22 B
Key Insights
- From NOW to SNOW, Frank Slootman’s career as CEO of ServiceNow and Snowflake has been characterized by his ability to ride multiple S growth curves.
- Snowflake plunged 32% after announcing a management shakeup and forecasted a revenue slowdown for fiscal 2025.
- Snowflake announced the sudden departure of CEO Frank Slootman during the earnings call. Insider Sridhar Ramaswamy has been named as Chief Executive Officer.
Please subscribe for free or login to your InsideArbitrage account to access this article.
