Snowflake’s Shares Plum as CEO Frank Slootman Retires; Former Google Ad Chief Sridhar Ramaswamy to Replace Him
Snowflake, a leading cloud software company, revealed on Wednesday that CEO Frank Slootman, who spearheaded its journey since 2019 and led its landmark IPO in 2020, is retiring. Slootman, 65, will be succeeded by Sridhar Ramaswamy, former Google ad chief. The announcement caused Snowflake's shares to plummet by 24% in...