As Switch's CEO Rob Roy tells it, however, the company had good reason to avoid publicity. Switch's Chief Executive Officer, Founder, Chairman, Inventrepreneur is Rob Roy. This gave Switch access to more than twenty of the primary carrier backbones in a single location. Copyright 2017 - 2022 Switch. articles a month for anyone to read, even non-subscribers! He knows what these people are going through, Ruvo said. Switch | 18,743 followers on LinkedIn. Rob Roy is committed to paying forward the success of Switch and is passionate about enabling a more diverse Nevada economy. Sustainability More of our coverage of the Switch IPO: [30], In order to connect its Las Vegas and Tahoe-Reno campus, Switch is building the Switch SUPERLOOP fiber network, which will connect Las Vegas to Reno through 500-miles (800km) of fiber. iSupercomputer Cherry Creek will be housed on Switch's campus, with researchers accessing the computer through the SUPERNAP facilities' telecommunications network. Most of the people who visited the Switch facility were bound by non-disclosure agreements, but that failed to stop them from leaking out a few choice details. ", A few months ago, word of Switch's apparently fantastic operations started to reach my in-box. 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. The court dismissed both lawsuits in May 2001. Roy also received stock options valued at $2.91 million, $1 million in salary and a $1.26 million bonus. Why? Last updated: 8 December 2022 at 5:05pm EST. Here are some photos from the day. [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. Four months later, he bought a two-story house in the southern valley, near Cactus Avenue and Southern Highlands Parkway, for $861,000, according to county records. Two years later, Roy restarted the business under the name Switch. Youre sitting there in every meeting, Roy told The Register. Number 8860726. The business leased less than 10,000 square feet of space in a strip mall near Sahara Avenue and Lamb Boulevard. The supercomputer will be housed in the TAHOE RENO 1 data center, and it is expected that the initial hardware installation will be completed in September 2017.[47]. [1] In 2017, LAS VEGAS 10 opened adding approximately 350,000sqft (33,000m2) of data center space. All Rights Reserved. (1987 Middleton High School yearbook), This 1981 article from the Wausau Daily Herald, of Wisconsin, includes a photo of Bruce Borden from 1972. The most active insiders traders include Jeffrey Alan Troesh, St Switch Llc First, and Thomas A Thomas. Rob Roy's standard of excellence and leadership is visible throughout Switch and the technology industry. Rob Roy - Chief Executive Officer, Switch, Inc As of December 8, 2022 What is Rob Roy's Net Worth? The deal was first announced in May. The title means Roy contributed at least $1 million to the project, which opened in March 2012. 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. The hall to Roys office nowadays displays drawn versions of employees made to look like comic book heroes. Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more. On this Wikipedia the language links are at the top of the page across from the article title. Rob Roy, circled, was known as a popular athlete in high school, when he was called Rob Borden. As Ruvo sees it, Roys time taking care of his father formed the Switch CEO as a person. On a lark, I sent a note to Chairman and co-founder Scott McNealy to see if he knew anything about this Rob Roy fella. The shares were sold at an average price of $26.79, for a transaction totalling $5,358,000.00. But the U.S. is about to strike back with a forceful plan of action to increase domestic production. Naturally, Roy says he chose APC because it designed "the best UPS product ever made.". 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. All the heavies are there.". The estimated Net Worth of Rob Roy is at least $57.8 Million dollars as of 6 December 2022. THE WORLD'S BEST DATA CENTER DESIGN More than a decade and a half ago, Rob Roy realized that the data center industry was going to experience unbelievable growth in all aspects of scope and consumption. 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 firm's initial public offering. But pretty close.". In 2013, Switch posted revenue of $166.8 million. Telecom 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. Copyright 2023 IDG Communications, Inc. Mr. Roy owns 765,452 shares of Switch stock worth more than $26,216,731 as of January 30th. Although he could not reveal most of his customers publicly, he says two of the world's largest new cloud-computing concepts are based at the SuperNAP, as well as some online gaming systems, including one run by Sony. Rob is thinking years in front of where we are today, Snyder said. Switch's IPO in October should have net Roy over $700 million. The family lived in Merrill, Wisconsin, about a half-hour south of the lake and about three hours north of Madison. What is Rob Roy's net worth? In Rob Roys mission to redesign and redefine every aspect of the data center, he has developed more than 700 patent and patent-pending claims. Switch, Inc. is a company based in Las Vegas, Nevada, that develops and operates the SUPERNAP data center facilities and provides colocation, telecommunications, cloud services, and content ecosystems. He was 25. By 2016, the number grew to $318.4 million, according to SEC documents. Champion Homes would file for Chapter 11 bankruptcy in December 1999. By December 2001, about seven months after end of Colocation Gateways, Enron would file one of the largest corporate bankruptcies in U.S. history. The project will produce among the lowest priced solar power in the world and generate enough clean energy to power nearly one million homes. Learn More about Rob Roy's net worth. This chart shows Rob Roy's buying and selling at Switch by year and by quarter. Rob Roy is the recognized world leader in data center ecosystem design, development, and mission critical operations. Four years later, the couple and their daughter adopted the Roy last name. Roys office is lit in red with furniture he made himself. Around 2005, Roy met former Boyd Gaming executive Don Snyder and recruited him to the board. Roy argues that drawing undue attention to this facility would go against the military customers' best wishes. Everything is on a massive scale. 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. Tragedy forced young Roy to grow up fast. 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 . The estimated Net Worth of Rob Roy is at least $57.8 Million dollars as of 6 December 2022. Roy and Ohler toured a data center in Los Angeles and decided to bring their idea to life, according to court documents. Next stop: US and EU regulators, Framework offers refurb kit and parts for instance, to upgrade a decades-old subnotebook, This could have practical applications for human technology, say boffins, Cupertino not entirely off the hook yet, Amazon Web Services (AWS) Business Transformation. The CEO, Rob Roy, is the most brilliant and talented business person I have had the pleasure to work with. How many families get you a Terminator?" [35][48] They are named "inNEVation Center". While building the company, Roy, now 48, has stirred enough hearsay to envy the Scottish folk hero with whom he shares a name. Roy had just turned 32. Switch tied this vast network to existing data center hosting facilities and attracted military clients, among others, to its Las Vegas shop. He and business partner Phil Ohler met through their wives at a party, Ohler said. Rob Roy, founder and chief executive officer of Switch Inc., center left, rings a ceremonial bell during the company's initial public offering (IPO) on the floor of the New York Stock Exchange on Oct. 6, 2017. Ohler owned 25 percent. We believe that Mr. Roy is qualified to serve as a member of our Board based on the perspective and experience he brings as our Founder, Chief Executive Officer and Chairman as well as his widely recognized technological leadership in the industry. On Rob Roy: Switch's founder is responsible for the hundreds of issued and pending patents which underpin some of the unique aspects of its data center design. Follow @wademillward on Twitter. The project will produce among the lowest priced solar power in the world and generate . You can see the complete history of Mr Roy stock trades at the bottom of the page. Roys brother, Mike Borden, owned 5 percent. Cookie Settings/Do Not Sell My Personal Information. (1987. The firm added a campus in Grand Rapids, Michigan, and recently announced plans to develop a more than 1-million-square-foot (93,000m2) data center campus in Atlanta, Georgia. An autonomous building management system that ensures data center efficiency. Online retailer TheDrop.com launched in San Francisco in 2017, but CEO Matt Falcinelli knew all along that when it was time to establish the streetwear companys headquarters it couldnt be in California. [38] It partnered with the University of Nevada, Reno to develop the northern Nevada-based center in Reno which opened in September 2015. When your. 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. Press Release All rights reserved (About Us). Rob Roy, Switch Founder & CEO by abartholomew | Sep 19, 2022 "My vision for Switch is to sustainably power the future of the connected world by providing the most secure, energy-efficient technology ecosystems to facilitate digital commerce and to do our part to enhance human productivity and drive economic prosperity." Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". The goal of the supercomputer is to recruit more faculty to UNLV, help students and land significant research grants. Most of todays data center companies use concepts that were first patented and introduced by Rob Roy as part of Switch WDMD. The event was pushed back to November, so that Nevada's two US senators could attend the gala. This net worth estimate does not reflect any other investments that Mr. Roy may own. Larry Ruvo, founder of the Cleveland Clinic Lou Ruvo Center for Brain Health in Las Vegas, is perhaps one of the few people close to Roy to hear the Switch CEO talk about his father at length. "We can build three of these.". Three N+2 color-coded systems to deliver tri-redundant power and 100% uptime. People associated with Switch founder Rob Roy bought the building in 2003 for less than $1 million. In the past 18 or so years, Rob Roy has taken a different kind of Las Vegas hotel one that rents out space for data instead of people and turned the idea into one of the technology industrys largest initial public offerings of 2017. [12] Switch is currently[when?] Roy says data center space is selling faster than he expected, but competitors won't be able to rest easy when it's filled up. The polite receptionist would take the same message every time, but nothing resembling a returned phone call materialized. Come November, Switch will throw a huge party at the SuperNAP for its investors, top customers, employees and the local bigwigs in the real estate and casino businesses. . Ohler wanted at least $300,000. Bordens advocacy career brought him the ear of Wisconsin Gov. The most recent stock trade was executed by Erin Thomas Morton on 6 December 2022, trading 128,279 units of SWCH stock currently worth $4,394,839. Roys father spent a final semester with the university in fall 1984 without completing a degree. The corporate mailing address for Mr. Roy and other Switch executives is 7135 S. Decatur Boulevard, Las Vegas NV, 89118. Roy alleges Ohler never returned Roys calls, that he missed his scheduled site visits and that he asked customers for a job. The SUPERNAP facilities ' telecommunications network may own the complete history of Mr stock! To existing data center efficiency made. `` business under the name Switch salary and a $ million! 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