Form 8-K · Current Report · Filed 2025-03-06
Snowflake Inc. Announces CRO Transition
On March 4, 2025, Snowflake Inc. announced the departure of its Chief Revenue Officer, Christopher W. Degnan, and the appointment of Michael Gannon as his successor. Degnan will remain in his role until Gannon's start date on March 14, 2025. Gannon brings extensive experience from Broadcom and VMware, having held senior sales and management positions.
- Filer
- Snowflake Inc. SNOW · NYSE
- Filed
- Accession
- 0001640147-25-000027
- CIK
- 0001640147
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Market reaction
Close before filing
$177.31
Next session
-10.4%
Since filing
+65.4%
Latest close
$293.28
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from SNOW reporting the same item, with the next session's move:
About Snowflake Inc.
Snowflake Inc. is a cloud-based data-warehousing company that provides businesses with a robust platform for storing, processing, and analyzing large volumes of data with ease and efficiency. With its unique architecture, Snowflake allows organizations to seamlessly connect and manage data across diverse cloud services and platforms, facilitating advanced analytics, machine learning, and data-driven decision-making. Its primary function is to offer businesses a secure and scalable solution for handling complex data workflows, eliminating the need for dedicated hardware, and enabling rapid insights. Snowflake caters heavily to industries like financial services, healthcare, and retail, where real-time data processing and reliable data storage are critical. The company's role in the market is significant as it empowers businesses to leverage big data capabilities without the traditional constraints of infrastructure maintenance or server management. Established in 2012 and headquartered in Bozeman, Montana, Snowflake continues to expand its influence by constantly innovating in the cloud data ecosystem.
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