Startups
Snowflake CEO Frank Slootman stepping down — and Wall St hates it
Apparently Frank Slootman, the veteran tech executive, was popular with investors, at least judging from their reaction that he will be stepping down as CEO of Snowflake. The company stock price has plunged more than 20% in after-hours trading on the news.
Apparently Frank Slootman, the veteran tech executive, was popular with investors, at least judging from their reaction that he will be stepping down as CEO of Snowflake. The company stock price has plunged more than 20% in after-hours trading on the news. Slootman will retreat into the role of chairman of the board, while Sridhar […] © 2024 TechCrunch. All rights reserved. For personal use only.
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