Posted 2/28/2024, 11:52:00 PM
Snowflake CEO Slootman Retires Suddenly After Firmly Denying Exit Rumors
- Slootman vehemently denied leaving Snowflake when asked by BI in June, calling rumors "completely untrue"
- Slootman has now announced his retirement from Snowflake, effective immediately
- Slootman will be replaced by Google ad executive Sridhar Ramaswamy
- Slootman dismissed the original BI report as "regurgitating competitive FUD"
- Snowflake's stock dropped over 20% after Slootman's sudden retirement announcement