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Snowflake’s Slootman says he’s not worried about employee exodus: ‘This is not a personal cult’

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Snowflake's Slootman says he's not worried about employee exodus: 'This is not a personal cult'

Snowflake Chairman Frank Slootman attends the Snowflake Summit 2022 in Las Vegas on June 14, 2022.

Snowflake | Via Reuters

News of Snowflake CEO Frank Slootman’s retirement sparked an 18% plunge in the company’s stock price on Thursday, its steepest selloff since the data analytics software vendor debuted on the New York Stock Exchange in 2020.

Slootman’s departure was announced late Wednesday as part of Snowflake’s quarterly earnings report,…

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