Feb. 29, 2024, 1 a.m. | Martin Peers

The Information www.theinformation.com

Big news tonight in the enterprise software sector—and we’re not talking about Salesforce introducing a dividend (although that’s notable). No, the real headline is an AI-inspired changing of the guard at Snowflake, until recently a fast-growing enterprise software hotshot whose 2020 IPO turned into a blockbuster. Snowflake CEO Frank Slootman is retiring, to be succeeded by Sridhar Ramaswamy, a former longtime Google executive who joined Snowflake last year through the purchase of his search startup, Neeva. That deal was designed …

big blockbuster ceo enterprise enterprise software frank slootman hotshot ipo salesforce sector snowflake software

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