Sridhar Ramaswamy, Snowflake’s Senior Vice President of AI, steps up as new CEO with Frank Slootman confirming his retirement in the role.
Slootman will continue to serve as Chairman of the Board.
“As the leading cloud data platform, Snowflake is at the epicenter of the AI revolution,” said Slootman.
“There is no better person than Sridhar to lead Snowflake into this next phase of growth and deliver on the opportunity ahead in AI and Machine Learning. He is a visionary technologist with a proven track record of running and scaling successful businesses.”
Ramaswamy said: “In the last 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,” said Ramaswamy. “I am honored to have been chosen to lead the company into this next chapter of growth. “
Since joining Snowflake in May 2023 with the company’s acquisition of Neeva, Ramaswamy has been spearheading Snowflake’s AI strategy.
He led the launch of Snowflake Cortex, Snowflake’s new fully managed service that makes AI simple and secure for all users to quickly drive business value.
Prior to joining Snowflake, Ramaswamy co-founded Neeva in 2019 after 15 years at Google as an integral part of the growth of AdWords and Google’s advertising business from $1.5 billion to over $100 billion.
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