Frank Slootman Senior Advisor, Blackstone

The Blackstone Group, Inc. has appointed Frank Slootman as a senior advisor.

He is currently the chairman and CEO of Snowflake and is an entrepreneur with over 25 years of enterprise software industry experience. He will advise across Blackstone’s businesses, with a focus on Blackstone Growth (BXG). At Snowflake, which recently completed an IPO, and previously at ServiceNow and Data Domain, he has had success creating growing, market-leading software businesses.

Jon Korngold, global head of BXG, said: “Frank is a software industry visionary who has an incredible track record of building great teams and world-class companies. Given BXG’s focus on partnering with entrepreneurs to help transform regional champions into global industry leaders, Frank’s insights will be invaluable to us and to our portfolio companies.”

Slootman added: “I’m excited to advise Blackstone. Having run a number of global software companies, I appreciate the scope of resources that Blackstone can bring to high-growth technology companies. Given this period of high growth and innovation, Blackstone is well positioned to help entrepreneurs realize their potential and execute on their visions.”

Prior to Snowflake, he spent 6 years as CEO and president of ServiceNow, a cloud computing platform for digital workflows, where he helped grow the business, advancing the company through an IPO and increasing its annual revenue to $1.4 billion. His experience also includes time as president of the backup recovery systems division at EMC and as CEO and president of Data Domain Corporation, where he led the company through its IPO process.

He was born in Holland and has undergraduate and graduate degrees in economics from Erasmus University Rotterdam.

BXG, Blackstone’s global growth equity platform, is focused on providing capital to companies seeking to minimize the execution risks associated with high-growth environments. Its recent investments include Bumble, Oatly, and ISN.