Business

Sridhar Ramaswamy, of Indian descent, appointed as CEO of data cloud company Snowflake

Indian-origin Sridhar Ramaswamy has been appointed as the new Chief Executive Officer and member of the Board of Directors of US-based data cloud company Snowflake. Ramaswamy, who previously served as Senior Vice President of AI at Snowflake, will replace Frank Slootman, who will retire but continue as Chairman of the Board.

Ramaswamy expressed his gratitude for the opportunity, stating, “I am honored to have been chosen to lead the company into this next chapter of growth. We have an enormous opportunity ahead to help all customers leverage AI to deliver massive business value.” He aims to accelerate innovation for customers and partners.

Ramaswamy joined Snowflake in 2023 following the acquisition of Neeva and has been leading the company’s AI strategy, including the launch of Snowflake Cortex. Slootman praised Ramaswamy, stating that there is no better person to lead Snowflake”s growth in AI and machine learning. Slootman expressed confidence in Ramaswamy”s abilities and looks forward to working with him.

Before joining Snowflake, Ramaswamy co-founded Neeva in 2019. He previously oversaw Google”s Advertising products, playing a crucial role in the growth of Google”s advertising business from $1.5 billion to over $100 billion. Ramaswamy also has research experience at Bell Labs, Lucent Technologies, and Bell Communications Research (Bellcore), and was a Venture Partner at Greylock Partners.

Ramaswamy’s diverse background and experience make him a strong fit to lead Snowflake into its next phase of growth. His vision for innovation and expertise in AI will be instrumental in driving the company’s success in the coming years.

IANS

IANS, established in 1986, is India's largest independent news service, offering 24x7 news from India and South Asia, and a preferred source for diverse content across six business verticals.

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