Snowflake TopS Fortune Future 50, New CFO emphasizes AI | Luck

Snowflake, a cloud company based on data storage, occupies the best place on the list published this morning, followed by data, analysts and databricks providers AI. Both companies are supported by AI in business – the only platforms allow organizations to unlock and activate their data as the basis for artificial intelligence. Rounded to the top five are nationis, datarobot and Astera Labs.

Honest 2017, Luck She said goodbye to BCG to publish The Future 50, an annual index of global companies, publicly traded and private private companies supported by risks, with the smartest prospects of above average and long -term growth. The list emphasizes the best shooter in “Corporate Vitality”, measurable and manageable quality that reflects the company’s innate ability to expand.

Snowflake is not only well placed for growth, but also prepares for changes in leadership. At the beginning of this month, the company announced that Brian Robins would become CFome 22 September, followed by Mike Scarpelli, who retires. Robins has served as CFO from Gitlab since 2020 and previously held the roles of CFO in Sisense, Cylanc, Alienvaault and Verisign, Nasdaq-Nurable Society.

“The snowflake is on the middle of the AI ​​revolution,” Robins said in prosecution. “I’m excited to be part of this hyper growth phase.” He said he was determined to effectively help society to achieve his vision.

Sridhar Ramaswamy, CEO of Snowflake, repeated this feeling: “We are incredibly confident in our next chapter of growth when Brian accepts the rudder as our new financial offer. Strategic direction Snowflake.”

Robins will have the task of maintaining the momentum of snowflake. In the quarter, which ended in July 31, the company showed a profit of 35 cents per share, almost double of the same period last year. The return climbed to $ 32% to $ 1.1 billion, exceeding estimates of $ 1.09 billion.

With the new financial chief, growing demand for solutions of Ai-not and the continuation of returning growth, Snowflake likes to remain dominant. Check out the complete Fortune Future 50 list here.

Sheryl Show
sheryl.estrada@fortune.com

Ranking

Joshua Reed Was the APPOivend CFO from Alkermes PLC (NASDAQ: ALKS), effective seven. 15. Reed brings more than 30 years of experience in financial leadership. Last time he worked as CFO Omega Therapeutics, then a publicly traded biotechnology society. Previously, Reed CFO was in Aldeyra Therapeutics. At the beginning of his career he spent more than ten years in Bristol Myers Squibb, culminating his role as Vice President and Head of Financial Operations for the US and Puerto Rico.

Travis T. ThomasRing Energy CFO, Inc. (NYSE American: rei), resigned immediately to the emagurates to take advantage of other opportunities. According to the company’s announcement, its resignation was not the result of disagreement between the energy of the ring and Thomas on financial, operational, political or administrative matters. Rocky Kwon, currently vice president of accounting, controllers and betrayal assistant, has been named the Provisional CFO. The company was looking for a permanent replacement.

Big deal

According to the newly published report, the Americans began to improve the sale of Gallup in 2023 in responsible AI. This year, about a third (31%) of Americans reworked that they would believe that companies would use AI residently – 3% reported a lot and 28% said “somewhat”. In 2023 only 21% Expresses Trust in the use of AI companies.

Yet skepticism remains. Forty one of the respondents said this year that when it comes to using AI responsibly, they do not trust business too much, while 28% said they did not trust them at all.

The findings come from the latest Bentley University-Gallup Business In Society, based on 3.007 American adults in a web survey.

According to Gallup, the challenges facing businesses are clear, asy Ai AI deployment: “It must not only demonstrate the benefits of technology, but also through transparent practices show that it will not come to the detriment of workers or wide public confidence.”

Goes deeper

“Strip disconnection: CFO Business Partners 2025” is a report by Datarails based on a survey of 240 US leadership, marketing, HR, IT, customer services and research and development and looking for their relations with CFO. Although financial teams have evolved into strategic business partners, almost all business leaders (97%) still consider the primary role of their financial chief as “limiting expenses”.

Heard

“In the same way, every company has become a technology company, I think every company will become AI.”

– General Director of Robinhood Vlad TENEV told David Rubenstein during the interview last week Bloomberg Wealth.