Snowflake appoints new CEO Shridhar Ramaswami to lead AI business innovation.

Snowflake, a global data cloud company, announced on the 4th that it has appointed Sridhar Ramaswamy as its new Chief Executive Officer (CEO). Ramaswamy, who previously served as Snowflake's Senior Vice President of AI, will join the company's board of directors upon his appointment.

Frank Slootman, former Snowflake CEO, will remain as chairman of the board.

“Snowflake is at the epicenter of the AI revolution as a leading cloud data platform,” said former CEO Frank Slootman. “Shridha Ramaswomi is the right person to lead Snowflake to the next level in AI and machine learning and provide the opportunity to move forward.” “He is a reliable engineer with experience in running successful businesses and expanding their reach, and we look forward to working with him to achieve great things in the future,” he said.

“Over the past 12 years, Snowflake has grown into a leading data cloud platform, providing enterprises with the secure, scalable, and cost-effective data foundation and cutting-edge AI building blocks they need for the future,” said Sridhar Ramaswamy, CEO. “I am honored to lead Snowflake into its next chapter of growth. We are committed to accelerating our capabilities and empowering all of our customers and partners to drive innovation through AI and create new business opportunities.”

Ramaswami, CEO, joined Snowflake as Senior Vice President of AI in May 2023 when Neeva, the world's first AI-powered search engine he co-founded in 2019, was acquired by Snowflake. Since then, he has played a key role in Snowflake's AI strategy, including launching Snowflake Cortex, a fully managed service designed to simplify AI usage and strengthen security so that all users can quickly create business value.

Prior to joining Snowflake, Ramaswami served as Head of Ad Products at Google, where he successfully led the company's entire advertising business, including search, display/video advertising, analytics, shopping, payments, and travel. He was a key player in growing the company's AdWords business from $1.5 billion to over $100 billion.

He has also held research positions at Bell Labs, Lucent Technologies, and Bellcore (Bell Communications Research), and served as a venture partner at Greylock Partners from October 2018 until recently. He also serves on the Board of Trustees of Brown University.