Roys mission find investors and property. Telecom Switch 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. Rob Roy has more than 20 years of experience as an inventor, design engineer and solutionist in the technology industry. 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. Switch began in concept in November 1999. How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, Stocks Dragged Down by Tech as Yields Stay Higher: Markets Wrap, The SPAC Fad Is Ending in a Pile of Bankruptcies and Fire Sales, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal. "We own all three parcels of land around the substation next door," Roy says. I grew up just being very involved in the whole process. Copyright 2009 IDG Communications, Inc. Rob Roy's standard of excellence and leadership is visible throughout Switch and the technology industry. Switch, Inc. is the independent global leader in exascale data center ecosystems, edge data center designs, industry-leading telecommunications solutions and next-generation technology innovation. Why? Today, Roy is CEO of Switch, responsible for one of the largest IPOs of 2017. Champion Homes would file for Chapter 11 bankruptcy in December 1999. He met the former Stella Leighton during a visit to Las Vegas and married her in August 1994, according to district court records. "Pay no attention to the secure fortress in the strip mall. 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. There are 2 older executives and no younger executives at Switch. This net worth estimate does not reflect any other investments that Mr. Roy may own. [41][42], Switch has hundreds of clients, including Fortune 1000 companies. Rob Roy's Innevation Center is a 65,000-square-foot collaborative workspace and community event venue driving Nevada's new innevation economy, donated to the community by Switch Founder and CEO Rob Roy. As Ruvo sees it, Roys time taking care of his father formed the Switch CEO as a person. Switch founder and CEO Rob Roy has developed more than 260 patent and patent-pending claims covering data center designs that have manifested into the company's world-renowned data centers and . The CEO, Rob Roy, is the most brilliant and talented business person I have had the pleasure to work with. [44][45], In 2014, the firm announced collaboration with Intel and the University of Nevada, Las Vegas to give university researchers access to a powerful supercomputer. Around 2005, Roy met former Boyd Gaming executive Don Snyder and recruited him to the board. Rob Roy has not been actively trading shares of Switch during the last quarter. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". CEO Recent Trades: CEO, 10% Owner Rob Roy sold 100,000 shares of SWCH. Of course, I didn't have a computer science degree at 17. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. The court dismissed both lawsuits in May 2001. He is passionate about ensuring that every Switch customer has an exceptional experience in all aspects in which they engage with the company. Review-Journal articles from 2006 and 2011 described how Houston-based Enron invested that money into a building atop fiber optic cables less than a mile east of the strip mall that housed Colocation Gateways. Policies & Disclosures, AboutExecutive TeamSocial ResponsibilitySustainabilityESGTestimonialsPress ReleaseBlogsCareersPolicies & Disclosures. Copyright 2023 IDG Communications, Inc. On this Wikipedia the language links are at the top of the page across from the article title. 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. 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. He was 25. As governor, Thompson recognized Borden in at least one of the governors annual State of the State addresses. Rob Roy (Neal Portnoy/Las Vegas Review-Journal). . Legend has it that the company managed to acquire what was once meant to be Enron's broadband trading hub for a song. 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. Its now controlled by the independent living center IndependenceFirst. 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. The business leased less than 10,000 square feet of space in a strip mall near Sahara Avenue and Lamb Boulevard. 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. Snyder, the board member, said he isnt worried about more competition the more Switch builds outside its home. WORLD-LEADING EXASCALE TECHNOLOGY SOLUTIONS, Rob Roy He and business partner Phil Ohler met through their wives at a party, Ohler said. Roy spoke out from time to time on issues that concerned him. [1][2], Switch was founded in 2000 by Rob Roy, CEO and the organization's principal inventor and chief engineer. Scanners verified fingerprints. All rights reserved (About Us). An auction raised over $3,000, around $8,000 today if adjusted for inflation, toward a van for Borden, according to newspaper stories from the time. 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. Switch Founder and CEO Rob Roy has developed more than 500 issued and pending patent claims covering data center designs that have manifested into the company's world-renowned data centers and technology solutions. Youre sitting there in every meeting, Roy told The Register. Copyright 2017 - 2022 Switch. 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. "This is the most advanced computing center in the world," I was told. ", "Switch joins carbon campaign, announces 100MW solar farm. Switch tied this vast network to existing data center hosting facilities and attracted military clients, among others, to its Las Vegas shop. Chart Data in Insider Trading History Table. Rob Roy Chief Executive Officer, Founder, Chairman, Inventrepreneur Thomas Morton President, Chief Legal Officer Gabe Nacht Chief Financial Officer Missy Young Chief Information Officer Chris Donnelly That's because the first SuperNAP will not be the last. Roy describes the 407,000 square foot facility as the most energy efficient, tightly packed data center on the planet. By October, Ohler had sued Roy in district court. The $11 billion sale of Las Vegas-based data center developer Switch Inc. officially closed on Tuesday. Get notified the next time Rob Roy buys or sells Switch stock. 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. The estimated net worth of Rob Roy is at least $26.22 million as of January 11th, 2021. The couple was married on April 19, 1999 and separated on May 2, 2020. Borden died in January 2012 in Middleton, Wisconsin. [7][22], Power to the data facilities will be generated through two solar generation projects, Switch Station 1 and Switch Station 2. Rob Roy is the recognized world leader in data center ecosystem design, development, and mission critical operations. We don't do any. 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. Registered in England and Wales. Rob is thinking years in front of where we are today, Snyder said. Storage, Switch LAS VEGAS By Jim Harger | jharger@mlive.com If you. 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. Roy accused Ohler of stealing a business computer, billing software, records and a gun from the office, according to court documents. Blogs The family lived in Merrill, Wisconsin, about a half-hour south of the lake and about three hours north of Madison. If a technology giant really existed in Las Vegas of all places, then it should be patting itself on the back and then letting city officials finish off the job with celebrations of their own. In the past 18 or so years, 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. [20][21] The Core Campus located in Las Vegas consists of eleven operating data centers spanning over 2million square feet (190,000m2). While building the company, Roy, now 48, has stirred enough hearsay to envy the Scottish folk hero with whom he shares a name. See how investors could can take advantage. Romaine Bostick breaks down the day's top stories and trading action leading into the close. Switch, Inc. was founded in 2000 and is headquartered in Las Vegas, Nevada. But pretty close.". Alleged $500M Ponzi scheme preyed on Mormons. It will cover an area of nearly 75 rai (12 hectares) and is located 27-kilometers away from an international cable landing station linking national and international telecoms and IT carriers. In an interview, Snyder said Roys intellect and big name clients helped convince him to join the company. The shares were sold at an average price of $26.79, for a transaction totalling $5,358,000.00.
