​Snowflake appoints IIT alumnus Sridhar Ramaswamy as CEO

Sridhar Ramaswamy, former AI lead at Snowflake, becomes CEO, succeeding Frank Slootman. Snowflake reports Q4 revenue of $775m, FY24 revenue of $2.8b, and FY25 Q1 target of $745-$750m. Stock drops 20% following CEO announcement.
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