Snowflake CEO Frank Slootman has decided to retire and will be replaced by Sridhar Ramaswamy as CEO and member of the board of directors effective immediately. Ramaswamy previously held the position of senior vice president of AI at Snowflake. Slootman will continue to serve as chairman of the board.
Since joining Snowflake in May 2023 with the company’s acquisition of Neeva, an early private AI powered search engine, Ramaswamy has led the company’s AI strategy, including the release of Snowflake Cortex, the company’s fully managed service that makes AI simple and secure for users to quickly drive business value.
Prior to joining Snowflake, Ramaswamy co-founded Neeva in 2019. Previously, he led Google’s advertising products and held research positions at Bell Labs, Lucent Technologies, and Bell Communications Research (Bellcore). He was a venture partner at Greylock Partners from October 2018 until recently and sits on the board of trustees at Brown University.
He comments: “In the past 12 years, Frank and the entire team have established Snowflake as the leading cloud data platform that is providing enterprises with the secure, scalable and cost-effective data foundation and cutting-edge AI building blocks they need to build for the future. I am honored to have been chosen to lead the company into its next chapter of growth. We have an enormous opportunity ahead to help all customers leverage AI to deliver massive business value. My focus will be on accelerating our ability to bring innovation to our customers and partners.”
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