By 2016, the number grew to $318.4 million, according to SEC documents. ", A few months ago, word of Switch's apparently fantastic operations started to reach my in-box. About. He put $20,000 of his own money toward the company and raised $433,000 for investors who held a 40 percent stake in the company, according to court records. When your name is Rob Roy, and you set out to build the world's most efficient, high-density data center, there's no sense in being modest. Ohler wanted at least $300,000. Community Rules apply to all content you upload or otherwise submit to this site. All Rights Reserved. Gigawatt 1, one of the largest solar project portfolios in the world, is the implementation of an initiative called Rob Roy's Gigawatt Nevada, first proposed by Switch Founder & CEO Rob Roy in . Ohler said in an interview hes followed the growth of Switch over the years. Nevada is known for its gaming and tourism industry, but there has been a sustained effort to bolster the states startup community, particularly in Las Vegas. He sits in front of multiple monitors, flanked on either side by statues more than 6 feet tall of the titular villains from the Alien and Predator series of movies, comics and video games. The next month, Roy started working with data centers full time. Las Vegas-based brands are chasing new audiences through other peoples accounts as the industry around influencer marketing grows. A steel infrastructure matrix that radiates cold to maintain temperature. The Switch SUPERLOOP will extend directly to include Los Angeles and San Francisco. Borden runs the Las Vegas Valley-based data center company Switch. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. I think I answer at least 10 (direct messages) a day of somebody asking to get a product shipped to them that they saw on a video, says Rebecca Robledo, the social media manager for the Charleston Antique Mall. The largest trade he's ever made was exercising 600,000 units of Switch Inc stock on 7 January 2021 worth over $20,556,000. Enter your email address below to get our daily insider buying and selling report. Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more. Lines and paragraphs break automatically. Copyright 2009 IDG Communications, Inc. CEO Jimmy Lees Wealth Consulting Group has $5 billion in assets under management, and is regularly interviewed for his expertise on business and the stock market. Mr Roy is 52, he's been the Founder and Chairman & CEO of Switch Inc since . The Switch founder last spoke to a media outlet around 10 years ago. Today, Ohler and his wife run Solidifi, a communication services company that provides design and installation services. The most active insiders traders include Jeffrey Alan Troesh, St Switch Llc First, and Thomas A Thomas. [3] In 2002, Roy purchased a former Enron facility in Nevada in an auction only attended by Roy since Enron's "fiber plans were so secretive that few people even knew about the auction", with the facility which Enron invested millions of dollars into selling for only $930,000. Roy and Ohler toured a data center in Los Angeles and decided to bring their idea to life, according to court documents. He has the ability to envision what can be, but then has the practical ability to create it, said Don Snyder, a Switch board member whose resume includes leadership roles at Boyd Gaming and UNLV. Jason Ogulnik Las Vegas Review-Journal, This 1980 article from the Wausau Daily Herald, of Wisconsin, includes a photo of a young Rob Roy, then known as Rob Borden. Rob Roy is the Founder, Chairman & CEO at Switch Inc. As the Founder and Chairman & CEO of Switch Inc, the total compensation of Mr Roy at Switch Inc is $2,717,802. Switch GRAND RAPIDS Mr. Roy is currently 53 years old. While his father restarted college, Roy was leaving Kromrey Middle School and entering Middleton High School. Before Switch became reality, energy giant Enron made a $1 billion investment in Southern Nevada. Instead, his legacy would come from years of fighting for low-income housing for people with disabilities. Roys father spent a final semester with the university in fall 1984 without completing a degree. On average, Switch Inc executives and independent directors trade stock every 11 days with the average trade being worth of $8,561,574. By continuing to browse or by clicking I Accept Cookies you agree to the storing of first-party and third-party cookies on your device and consent to the disclosure of your personal information to our third party service providers or advertising partners to optimize your experience, analyze traffic and personalize content. Switch, Inc. was founded in 2000 and is headquartered in Las Vegas, Nevada. Hes being an ambassador to the city.. Decades before the October IPO that raised more than a half-billion dollars, Roy was a kid who played football and helped his father read computer science textbooks. Learn More about insider trades at Switch. Everything clobbers the competition. However, since the IPO, Roy has been involved behind the scenes in the sales effort, often helping larger customers think through IT strategy and deployments, Heinz said. A heat containment cabinet platform that separates hot and cold air. Rob Roy is driven by the principle of Karma: putting good energy out into the world and getting good energy back. [23] In June 2017, EDF Renewable Energy acquired the two solar projects from First Solar. He was born Rob Roy Borden on April 26, 1969, in Minnesota to Bruce and Marcia Borden, according to public records. In 2013, Switch posted revenue of $166.8 million. None. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Multi-System Exterior Wall Penetrating HVAC Units. Roy, 49, received a special award of 7.5 million shares -- or 3 percent of the firms stock -- linked to its IPO in October. In 2012, he created The Rob Roy InNEVation Center, a philanthropic effort to support economic diversification and foster collaboration between Nevada change agents, entrepreneurs, business leaders and the community. (1987. In addition, he makes $2,717,802 as Founder and Chairman & CEO at Switch Inc. ", "Construction begins on SuperNAP Thailand", "Switch Building SuperNap Mega Data Center in Thailand", "$5B Switch data center in Steelcase pyramid is 'Michigan's to lose'", "Vegas-based Switch plans $2.5 billion data center campus in Atlanta", "Meet Rob Roy, the man who built the SuperNAP data center", "Switch Gets Tier IV for Second Las Vegas Data Center. The centers are intended for collaboration between students, entrepreneurs, businesses, investors and non-profits. The 10 most powerful companies in enterprise networking 2022. The project will produce among the lowest priced solar power in the world and generate enough clean energy to power nearly one million homes. He raised our child.. "Most data centers don't even have 1,000 cabinets," he says. He was a super, kind-hearted guy, Franken said. In July 1981, his father, owner of a small construction company, dove off a pontoon boat into Deer Lake in northern Wisconsin. Legend has it that the company managed to acquire what was once meant to be Enron's broadband trading hub for a song. He met the former Stella Leighton during a visit to Las Vegas and married her in August 1994, according to district court records. Roy was the middle child to older sister, Kelly, and younger brother, Michael, future president of Switch. Borden died in January 2012 in Middleton, Wisconsin. Roy had a sort of media coming-out party last May in the Register, a London-based tech pub which ran the headline "Welcome to Las Vegas Home of the technology superpower you've never heard of.". Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". Switch Shares Up 44 Percent after Debut on NYSE, Data Center Provider Switch Raises $531M in IPO, DCK Investor Edge: The Unique Proposition of a Switch IPO, DCK Investor Edge: Switch IPO Part 2 Warnings in the Fine Print, https://www.datacenterknowledge.com/sites/datacenterknowledge.com/files/logos/DCK_footer.png, Switch went public October 6, 2017, becoming the sixth American publicly traded data center provider, 2023 Informa USA, Inc., All rights reserved, Iceland Shows the World How to Run on Reliable, Clean Energy, US Takes Security-First Focus in Doling Out $39 Billion Chip Aid, AWS, Microsoft lead the charge in data center sustainability, GDS Weighing $400 Million Stake in Global Data Centers, Philippines PLDT Weighs Data Center Stake Sale, Why Young Talent Is Adopting Tech as a New Career Option, NTT and Cisco Team Up to Bring Private 5G to Enterprise Players, Study: Covid Has Brought About a Less Connected World, Allowed HTML tags: . ", "Switch: Largest data center building in world opens near Reno", "Switch Plans Massive $1 Billion SUPERNAP Data Center in Reno", "$1B Switch data center near Reno will be world's biggest", "$1B Switch Data Center Near Reno Will Be World's Biggest", "Switch confirms plans for $5B investment, 1,000 jobs at West Michigan data center. Roy alleges Ohler never returned Roys calls, that he missed his scheduled site visits and that he asked customers for a job. Register journalist Ashlee Vance spent weeks calling and e-mailing Switch Communications, meeting nothing but silence until he finally was able to arrange an interview with Roy through Sun chairman and co-founder Scott McNealy. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. I was the oldest. ABOUT Capital Dynamics Clean Energy Infrastructure EDGE Data Centers Youre sitting there in every meeting, Roy told The Register. Don't miss the big stories. Rob Roy -- who has a life-sized Terminator statue in his office -- says his company's 407,000-square-foot SuperNAP is the most energy efficient, high-density data center in the world. Visitors needed swipe cards. [19], In 2008, the company opened SUPERNAP 7, a 515,047-square-foot (47,849.4m2) facility, its seventh data center. (Wausau Daily Herald), This 1978 article from the Wausau Daily Herald, of Wisconsin, includes a photo of Bruce Borden at work. The title means Roy contributed at least $1 million to the project, which opened in March 2012. He was 25. Switch has maintained Ohler had no influence or significant role in the founding of Roys business. Copyright 2023 IDG Communications, Inc. Roy is almost 40 years old. Three N+2 color-coded systems to deliver tri-redundant power and 100% uptime. As of early December, Roy had sold more than 1,000 of the 7,000 potential SuperNAP cabinets. Follow @wademillward on Twitter. Switch compound in Las Vegas wrapped tight in security. Champion Homes would file for Chapter 11 bankruptcy in December 1999. Bordens Mobility Store in Madison, Wisconsin, exists to this day. Rob Roy is the recognized world leader in data center ecosystem design, development, and mission critical operations. West Michigan 5 things we know about Rob Roy, media-shy founder and CEO of Switch Published: Dec. 08, 2015, 9:25 a.m. 12 Supernap Data Center NEW! Rob is trying to think of the things he can build for his dad, Roys mother told the newspaper. "We are going to switch up a charity for at least a little bit to provide money to ALS research. (Dewey Pfister/Wausau Daily Herald), A nice sign: Big Rockies snowpack may boost Lake Mead, 5 new and upcoming Las Vegas Valley restaurants, Vince Neils former Home Sweet Home in Las Vegas for sale, School Board approves rezoning for 12 campuses, Marcel Reece, other executives no longer with Raiders. As Ruvo sees it, Roys time taking care of his father formed the Switch CEO as a person. Today, Roy is CEO of Switch, responsible for one of the largest IPOs of 2017. Snyder, the board member, said he isnt worried about more competition the more Switch builds outside its home. Mr. Roy is our Founder and has served as our Chief Executive Officer and as our Chairman of the Board since our formation and served as Chief Executive Officer and as Chairman of our Predecessor Board from 2003 until the closing of our initial public offering. Roy also received stock options valued at $2.91 million, $1 million in salary and a $1.26 million bonus. They sold a total of 280,000 shares worth more than $9,313,600.00. [32][33][34][35], Switch's Pyramid Campus (former Steelcase Pyramid) in Grand Rapids, Michigan, was opened in May 2017. By December 2001, about seven months after end of Colocation Gateways, Enron would file one of the largest corporate bankruptcies in U.S. history. Switchs data centers house sensitive digital information for more than 800 clients that range in size from startups to Fortune 100 companies, information created by businesses such as casinos, movie studios and video game makers as well as nonprofits and government agencies. Rob Roy, founder and CEO of the company that became the sixth US-based publicly traded data center provider, was in New York last Friday, on the first day of trading, taking part in the customary NYSE IPO proceedings, joined by his colleagues and family members. As Switch's CEO Rob Roy tells it, however, the company had good reason to avoid publicity. Switch Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Mr Roy owns over 222,218 units of Switch Inc stock worth over $32,862,740 and over the last 5 years he sold SWCH stock worth over $22,242,762. Rob Roy has not been actively trading shares of Switch during the last quarter. Switch Inc. gave its founder and Chief Executive Officer Rob Roy a $94.6 million pay package in 2017, with most of it in a stock award tied to the firms initial public offering. That's because it has operated in near total secrecy for the last few years. The two new SUPERNAP International campus projects under construction are located in Siziano, Italy slated to open late 2016 and the Chonburi Province, Thailand, campus opening in early 2017. Companies fall all over themselves to issue press releases about things as a minor as cost-savings achieved by changing toilet paper suppliers. Ruvo, whose own father died of Alzheimers disease, said stories about taking care of their fathers bonded the two men. At completion, it will reach up to 1.8million square feet (170,000m2) making it the largest data center campus in the eastern U.S.[36][37], In 2014, Switch formed SUPERNAP International in partnership with ACDC Fund and its two limited partners Orascom TMT Investments and Accelero Capital to build data centers based on designs from the Tier IV-rated Switch SUPERNAP U.S. facilities.
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