Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. "How much marketing have you ever seen me do? Today, Roy is CEO of Switch, responsible for one of the largest IPOs of 2017. Over the last 5 years, insiders at Switch Inc have traded over $1,913,100,721 worth of Switch Inc stock and bought 337,000 units worth $5,473,440 She said she never met Roy, but Borden often talked about his sons. Learn More on Rob Roy's salary. He is generous to both his employees and the communities in which he builds data centers. 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. "It's like the internet superhighway wrapped up in one package. SUPERNAP data centers are the recognized world leaders in data center ecosystem design, development and mission critical operations.. He was 25. Mr. Roy owns 765,452 shares of Switch stock worth more than $26,216,731 as of March 1st. 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. In an interview, Snyder said Roys intellect and big name clients helped convince him to join the company. [12] Switch is currently[when?] [8][9] Switch is a CLEC (Competitive Local Exchange Carrier) that sells all telecommunications services. 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! 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. His data storage company, Switch, is working on a new campus in Atlanta. Blogs Two years later, Roy restarted the business under the name Switch. Part of me believes this line. [4][5][6] The facility was built in a rundown area of Las Vegas near E Sahara, constructed right over the "backbone" of fiber optic cables providing service to technology companies nationwide,[4] which Enron sought to use as a way to sell bandwidth to Internet service providers like a commodity. These designs are manifested in industry-renowned Switch data centers in the United States and SUPERNAP International facilities in Europe and Asia. Thousands of California businesses have fled Golden State for Las Vegas, North Las Vegas modular home maker opens 2nd factory, Vegas startup community gets support, but still room for growth, TikTok makes big bucks for Las Vegas businesses, $11B sale of Las Vegas data firm Switch closes, First Latina-owned skate shop opens in the Arts District, Is that the girl from Instagram?: Influencers cashing in on Las Vegas, Investment advisor optimistic on Las Vegas future: We just keep reinventing ourselves, Free business incubator launches for Clark County startups. Switch has 678 customers overall and more than 20 in the SuperNAP. A steel infrastructure matrix that radiates cold to maintain temperature. Rob's mailing address filed with the SEC is C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD, LAS VEGAS, NV, 89118. StartUpNV is using $600,000 to create a business incubator that will help a diverse pool of entrepreneurs based in Clark County. Rob Roy - Chief Executive Officer, Switch, Inc As of December 8, 2022 What is Rob Roy's Net Worth? Roy has continued to help the center with technology needs, improving its broadcast power and even helping land a company to set up the phone system, Smith Center CEO Myron Martin said. The couple was married on April 19, 1999 and separated on May 2, 2020. In addition, Switch SUPERNAP 9 has received a Tier IV Gold Operational Sustainability Certificate, a Tier IV Design Certificate and a Tier IV Constructed Facility Certificate. After going public last year in one of the biggest IPOs in Nevada history, Switch received a market value of $4.2 billion, according to Reuters. Everything is on a massive scale. As of July 2015, half of the company's 14 top executives are women. By August 2000, the first customers had installed computer systems in the partners business. More of our coverage of the Switch IPO: ", "Switch joins carbon campaign, announces 100MW solar farm. In a 2004 Review-Journal story, Roy said high-tech companies need tax credits to help pay for research and development of new technologies. Less than 5 percent of Switchs customers are in the Las Vegas area. Switch CEO and founder Rob Roy's Gigawatt 1 solar project will be built in Northern and Southern Nevada. In addition, he makes $2,717,802 as Founder and Chairman & CEO at Switch Inc. (Podcast). Roy was the middle child to older sister, Kelly, and younger brother, Michael, future president of Switch. [38] It partnered with the University of Nevada, Reno to develop the northern Nevada-based center in Reno which opened in September 2015. "We are going to switch up a charity for at least a little bit to provide money to ALS research. 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. What is Rob Roy's net worth? [40], Switch headquarters are in Las Vegas, with data center facilities and Innovation Centers located in northern and southern Nevada. He was a super, kind-hearted guy, Franken said. Patent Book ESG Then I learned that Sun Microsystems had a significant presence inside of Switch's existing hosting facility. People associated with Switch founder Rob Roy bought the building in 2003 for less than $1 million. Policies & Disclosures, AboutExecutive TeamSocial ResponsibilitySustainabilityESGTestimonialsPress ReleaseBlogsCareersPolicies & Disclosures. 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. 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. Today, Roy is CEO of Switch, responsible for one of the largest IPOs of 2017. [1] In 2017, LAS VEGAS 10 opened adding approximately 350,000sqft (33,000m2) of data center space. Roys federal campaign contributions have included $2,500 each in 2012 toward former Republican Congressman Joe Heck and current Republican Sen. Dean Heller, at least $100,000 toward Hillary Clintons 2016 presidential campaign and, in 2017, at least $21,000 toward Heller. By Jim Harger | jharger@mlive.com If you. Most recently, Rob Roy sold 200,000 shares of the business's stock in a transaction on Tuesday, November 23rd. "Most data centers don't even have 1,000 cabinets," he says. 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. (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. Las Vegas-based brands are chasing new audiences through other peoples accounts as the industry around influencer marketing grows. Web page addresses and e-mail addresses turn into links automatically. As far as Im concerned, the guys a rock star, Martin said. 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.". Roy describes the 407,000 square foot facility as the most energy efficient, tightly packed data center on the planet. Switch can also be reached via phone at (702) 444-4111 and via email at [emailprotected] Learn More on Rob Roy's contact information. (Podcast). By December 2001, about seven months after end of Colocation Gateways, Enron would file one of the largest corporate bankruptcies in U.S. history. In addition, he makes $2,717,802 as Founder and Chairman & CEO at Switch Inc. Mr has made over 15 trades of the Switch Inc stock since 2020, according to the Form 4 filled with the SEC. [38], The US$300 million (11 billion THB) Thailand SUPERNAP data center facility will have capacity for more than 6,000 data server racks. Switch SAFE He was 67. 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. As Ruvo sees it, Roys time taking care of his father formed the Switch CEO as a person. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". In the year 2000, with a background in business leadership, engineering, commercial development and technology, Rob Roy converged his . He has not only designed the largest and most advanced technology ecosystems in the world, but his stamp of innovation and attention to detail can be witnessed across many sectors including robotics, storage, software development, architecture and design. Build-to-Suit Ruvo, whose own father died of Alzheimers disease, said stories about taking care of their fathers bonded the two men. Roys brother, Mike Borden, owned 5 percent. The business leased less than 10,000 square feet of space in a strip mall near Sahara Avenue and Lamb Boulevard. The SuperNAP has the best design, the best connection hub, the best price on bandwidth, the best customer service. He and a now-former business partner wanted to open a building that stored critical computer systems in a secure environment, according to court documents filed on behalf of Roy. 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. Borden runs the Las Vegas Valley-based data center company Switch. Switch TAHOE RENO Switch has preferred to keep its gold mine a need-to-know type of affair. Switch's IPO in October should have net Roy over $700 million. "I typed every single thing for that degree. He left the large first letters of Rob R. Borden signed to his 1999 marriage license in favor of a Rob Roy so squished that on some documents it resembles a flat line. 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. "Those companies (Google, Microsoft and others) spending $500m on their data centers can only do one fourth of what we can do at the new site," Roy told me. Last updated: 8 December 2022 at 5:05pm EST. Romaine Bostick breaks down the day's top stories and trading action leading into the close. The dividend yield of Switch Inc stocks is 0.93%. In 2013, Switch posted revenue of $166.8 million. Rob Roy (Neal Portnoy/Las Vegas Review-Journal). Roy explains he originally hadn't planned to seek media coverage until the opening of Switch's seventh data center, the SuperNAP, which occurred in September 2008. It develops and operates data centers in Nevada, Michigan, and Georgia. Learn More on Rob Roy's contact information. Switch Communications was mainly a government and military contractor in its early days, but now also targets Fortune 1000 customers (such as Sony). He and business partner Phil Ohler met through their wives at a party, Ohler said. The Switch founder last spoke to a media outlet around 10 years ago. 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. Companies fall all over themselves to issue press releases about things as a minor as cost-savings achieved by changing toilet paper suppliers. ", Switch Joins Obamas Business Climate Pledge, Plans 100 MW Solar Project in Nevada., "Switch Goes Green with Renewable Power for SUPERNAPs", "Switch Announces Plans To Make SUPERNAP Michigan Data Centers 100 Percent Green; Joins WWF/WRI Renewable Buyers' Energy Principles", "Greenpeace's naughty and nice list of the most and least green tech vendors", "Greenpeace: Apple, Google World's Greenest Tech Companies", "Clicking Clean: Who is Winning the Race to Build a Green Internet? Follow @wademillward on Twitter. The family lived in Merrill, Wisconsin, about a half-hour south of the lake and about three hours north of Madison. This gave Switch access to more than twenty of the primary carrier backbones in a single location. It ended with FBI gunfire. The father of Switch CEO Rob Roy paralyzed all his limbs after a diving accident. Why? [6], Switch developed an over $5 trillion purchasing cooperative to allow customers to collectively purchase telecommunications and other services across all of its campuses. Legend has it that the company managed to acquire what was once meant to be Enron's broadband trading hub for a song. Most of todays data center companies use concepts that were first patented and introduced by Rob Roy as part of Switch WDMD. At completion of construction, The Core Campus will measure more than 2.3million square feet (210,000m2) with 12 buildings. In the year 2000, with a background in business leadership, engineering, commercial development and technology, Rob Roy converged his areas 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. 4 million square feet of data center space in Nevada and Michigan, with a campus in Atlanta scheduled to open in the first quarter of 2019. Roy would drop his last name legally in 1998, according to local district court records. "We own all three parcels of land around the substation next door," Roy says. 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. 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. 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. He met the former Stella Leighton during a visit to Las Vegas and married her in August 1994, according to district court records. Switch's key executives include Rob Roy and 30 others. As the CEO of Switch, Inc., Mr. Roy earned a total compensation package of $8,758,715.00 in 2021. That's because it has operated in near total secrecy for the last few years. Instead, his legacy would come from years of fighting for low-income housing for people with disabilities. 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. 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. [20][21] The Core Campus located in Las Vegas consists of eleven operating data centers spanning over 2million square feet (190,000m2). On average, Mr trades about 56,328 units every 23 days since 2017. Visitors needed swipe cards. We do a damn good job, and our customers know it.". In July 2004, he sold the Henderson house near Fox Ridge Park that hed lived in since at least 1999 for about $310,000. They sold a total of 280,000 shares worth more than $9,313,600.00. constructing the first of two solar farms, which will provide renewable energy to its data centers. 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