Who is ServiceNow CEO Bill McDermott?
Prior to joining ServiceNow in October, 2019, McDermott served as CEO of SAP ( SAP ). At SAP, McDermott made numerous acquisitions. In addition, ServiceNow stock belongs to the IBD Leaderboard.
Why did ServiceNow stock fall 15% after hours?
Shares of enterprise software company ServiceNow fell as much as 15% after hours on Tuesday after the company said Bill McDermott, who recently stepped down as CEO of SAP, is joining ServiceNow later this year to become its new CEO. ServiceNow stock is now down about 5%.
How much of ServiceNow Does Doug Dermott own?
Dermott owns over 5,067 units of ServiceNow Inc stock worth over $21,429,072 and over the last 15 years he sold NOW stock worth over $26,575,844. In addition, he makes $41,682,300 as President, Chief Executive Officer, and Director at ServiceNow Inc.
Does ServiceNow make acquisitions?
Under McDermott, ServiceNow last year acquired four private companies — Sweagle, Element AI, Passage AI and Loom Systems. Prior to joining ServiceNow in October, 2019, McDermott served as CEO of SAP ( SAP ). At SAP, McDermott made numerous acquisitions.
See more
What is Bill McDermott salary?
In just over two years, McDermott, 60, has earned $231 million. If this welcome salary of $41 million in 2019 was not bad at all, indeed complemented by another $25 million in 2020; McDermott's package broke records last year with his total compensation valued at $165.8 million.
Is ServiceNow a good stock to buy?
However, ServiceNow's rock-solid growth rates, stable margins, improving profitability, and clear plans for the future all justify that higher valuation. Therefore, I believe ServiceNow is still one of the few growth stocks that investors can consider accumulating in this choppy market.
When did Bill McDermott start at ServiceNow?
Since he joined ServiceNow in late 2019, McDermott has accelerated the company's strategy to help its customers win the “workflow revolution.” As the global coronavirus pandemic took hold in early 2020, Bill and the ServiceNow team innovated faster than ever, delivering free emergency response workflow applications and ...
Who is CEO of ServiceNow?
Bill McDermott (Nov 2019–)ServiceNow / CEO
Is ServiceNow overvalued?
Most analysts complained in 2019 that ServiceNow was already overvalued. At the time it breached a 50x P/E ratio, which was enough to raise concern among investors. Thereafter investors went on a buying spree for technology stocks, and ServiceNOW catapulted higher from a share price and valuation perspective.
Is ServiceNow a Buy Sell or Hold?
ServiceNow has received a consensus rating of Moderate Buy. The company's average rating score is 2.81, and is based on 24 buy ratings, 1 hold rating, and 2 sell ratings.
Which company owns ServiceNow?
It was taken public by Morgan Stanley one month after they took Facebook public. In October 2019, the company announced that CEO John Donahoe would be succeeded by Bill McDermott, formerly CEO of SAP SE at the end of the calendar year.
Who founded ServiceNow?
Fred LuddyDavid LooBow RuggeriDon GoodliffeServiceNow/FoundersSo, at 49—November 24th is my birthday—we started,” says Fred Luddy, ServiceNow founder. He began the company with a single laptop at a desk in his house.
What is Donahoe salary?
What is the salary of John Donahoe? As the President, Chief Executive Officer, and Director of Nike, the total compensation of John Donahoe at Nike is $53,500,000. There are no executives at Nike getting paid more.
What happened to Bill McDermott's eye?
"Unfortunately during my stay, I slipped and fell while holding a glass of water, and the injuries caused by falling on the broken glass were significant. I suffered facial fractures, severe lacerations, and extensive damage to my eye," Bill wrote in the now-deleted Facebook post cited by SiliconANGLE.
What is ServiceNow revenue?
4.519 billion USD (2020)ServiceNow / Revenue
Where is ServiceNow headquarters?
Santa Clara, CAServiceNow / Headquarters
What company did McDermott buy?
It was born in the cloud and has expanded organically with its homegrown software. At SAP, McDermott led the purchase of not only Qualtrics but also Concur for $8.3 billion in 2014 and Callidus Software for $2.4 billion in 2018. While he’s not averse to using ServiceNow’s equity to buy growth, he’s in no hurry to do so.
When was the last time ServiceNow was bought?
The last time ServiceNow CEO Bill McDermott orchestrated a big acquisition was in late 2018 , when he was running SAP and led the $8 billion purchase of Qualtrics. Some analysts and investors at the time questioned the steep price. McDermott says that skepticism has clearly been put to rest.
How many trades has William made in ServiceNow?
William has made over 29 trades of the ServiceNow Inc stock since 2011, according to the Form 4 filled with the SEC. Most recently he exercised 5,066 units of NOW stock worth $2,796,787 on 17 May 2021 .
Who is William McDermott?
William R. McDermott serves as President, Chief Executive Officer, Director of the Company. From 2010 through 2014, Mr. McDermott served as Co-Chief Executive Officer, and from 2014 until October 2019, as sole Chief Executive Officer, of SAP SE (“SAP”), a multinational software company providing enterprise software. Mr. McDermott joined SAP in 2002 as Chief Executive Officer of SAP America, Inc., and served on the SAP Executive Board from 2008 until October 2019. Prior to joining SAP, Mr. McDermott served as Executive Vice President of Worldwide Sales and Operations at Siebel CRM Systems, Inc. from 2001 to 2002 and served as President of Gartner, Inc. from 2000 to 2001. Mr. McDermott studied Business Management at Dowling College, received his M.B.A from Northwestern University’s Kellogg School of Management and completed the Executive Development Program at the Wharton School of Business.
