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Business Philosophy8 Mar 2024
Frank Slootman Beyond Snowflake: One of the Most Respected CEOs
Explore Frank Slootman's journey as CEO, reshaping Data Domain, ServiceNow, and Snowflake into tech powerhouses, and his unique leadership style.
ServiceNow (NOW) investor relations material
ServiceNow Proxy Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Proxy Filing summary12 Nov, 2025
Executive summary
Special Meeting scheduled for December 5, 2025, to vote on a 5-for-1 forward stock split and a proportionate increase in authorized common shares.
Board recommends approval, citing increased stock price and desire to make shares more accessible to investors and employees.
If approved, outstanding shares will increase to approximately 1 billion, with authorized shares rising from 600 million to 3 billion.
No other matters are expected to be presented at the Special Meeting.
Forward-looking statements are included, with risks referenced from the 2024 Annual Report.
Voting matters and shareholder proposals
Only item on the agenda is the approval of the amended and restated certificate of incorporation for the stock split.
Majority of outstanding shares required for approval; abstentions count as votes against.
Board recommends a vote "FOR" the proposal.
Shareholders can vote by internet, phone, mail, or at the virtual meeting.
Shareholder proposals for the 2026 Annual Meeting must be submitted by specified deadlines in early 2026.
Board of directors and corporate governance
Board has authority to set the number of directors and fill vacancies.
Directors serve until the next annual meeting or until successors are elected.
Directors may be removed with or without cause by majority vote of outstanding shares.
No action by written consent; special meetings may only be called as provided in the bylaws.
How will the split broaden the investor base?
What are secondary uses for new authorized shares?
What factors could prevent split after approval?
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Next ServiceNow earnings date
Q4 202529 Jan, 2026
Next ServiceNow earnings date
Q4 202529 Jan, 2026
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Eferix Drawings Google Play
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Frequently asked questions
A leading provider of enterprise software solutions
ServiceNow is a cloud-based platform that provides digital workflows and automation solutions to businesses and organizations of all sizes. The company was founded in 2004 and has since become a leading provider of enterprise software solutions. Some of ServiceNow’s competitors include Salesforce, Oracle, and Microsoft.
The business model
ServiceNow's business model is based on providing a scalable and customizable digital platform that enables businesses to automate their workflows and improve their overall productivity. The company's products and services include IT service management, HR service delivery, customer service management, and security operations, which can be tailored to meet the specific needs of each organization.
How ServiceNow makes money
ServiceNow generates revenue primarily through the sale of its digital workflow and automation solutions, as well as through ongoing customer support and service contracts. The company's revenue is also generated through its partnerships with other technology companies, as well as through collaborations with academic research institutions and other organizations.
An innovative approach to digital workflows and automation
Interesting facts about ServiceNow include that it has been recognized for its innovative approach to digital workflows and automation, with a focus on providing businesses with tools and solutions that are easy-to-use and customizable. The company has a strong focus on research and development, with a team of over 6,000 engineers and scientists dedicated to improving the company's digital workflow and automation solutions.
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