Insiders keep saying that Snowflake CEO Frank Slootman could soon step down but Slootman says he's not leaving
Rumors that he'll soon leave have been circulating since April, when a major stock package vested and Mark McLaughlin joined the board.Snowflake CEO Frank Slootman tells Insider that ongoing rumors that he could soon step down are completely untrue.
"You are wrong on all counts. You are regurgitating competitive FUD," Slootman told us in his famously direct, no-nonsense style. FUD, or fear-uncertainty-doubt, is a favorite old-school tech acronym. "Frank Slootman is not leaving his position as Chairman and CEO of Snowflake," a spokesperson for the company told Insider.
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