Rob Roy has turned his wealth into political capital as well. As Switch's CEO Rob Roy tells it, however, the company had good reason to avoid publicity. Switch SAFE [8][9] Switch is a CLEC (Competitive Local Exchange Carrier) that sells all telecommunications services. 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. As such, the companys challenge is recruiting clients from higher tier data center markets such as San Francisco, Dallas and Ashburn, Virginia. He remembers Roys father on the sidelines in a motorized wheelchair watching his son play linebacker and offensive guard. Legend has it that the company managed to acquire what was once meant to be Enron's broadband trading hub for a song. The Citadel Campus at Tahoe Reno Industrial Center (TRIC) is over 1,000 acres (400ha) and is expected to have more than 7.2million square feet (670,000m2) of data center space at completion. Schedule a Tour Switch | 18,743 followers on LinkedIn. . Rob Roy is the recognized world leader in data center ecosystem design, development, and mission critical operations. For most people, Switch founder Rob Roy exists only in rumor. I was the oldest. "I have the coolest family ever. The estimated net worth of Rob Roy is at least $509 Million dollars as of 2023-02-03. Roy declined to comment on the record for this story. 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. The estimated Net Worth of Rob Roy is at least $57.8 Million dollars as of 6 December 2022. She said she never met Roy, but Borden often talked about his sons. There are 2 older executives and no younger executives at Switch. Its now controlled by the independent living center IndependenceFirst. Cookie Settings/Do Not Sell My Personal Information. Boxabl held a ribbon cutting ceremony Monday for its second factory in North Las Vegas, less than two years after opening its first facility in 2021. Policies & Disclosures, AboutExecutive TeamSocial ResponsibilitySustainabilityESGTestimonialsPress ReleaseBlogsCareersPolicies & Disclosures. constructing the first of two solar farms, which will provide renewable energy to its data centers. Switch has 678 customers overall and more than 20 in the SuperNAP. The hall to Roys office nowadays displays drawn versions of employees made to look like comic book heroes. "To . Web page addresses and e-mail addresses turn into links automatically. People associated with Switch founder Rob Roy bought the building in 2003 for less than $1 million. As Switch's CEO Rob Roy tells it, however, the company had good reason to avoid publicity. Switch ATLANTA, Contact Us I think highly of Rob.. Exclusive Drive a couple of blocks past the Loose Caboose and the Carburetor Shop on E. Sahara Avenue in Las Vegas, and you'll find one of the world's leading technology companies. (Podcast). In 2014, Roy, Snyder and board member Bryan Wolf helped bring a supercomputer to Las Vegas from Wolfs employer, Intel. Wisconsin property appraiser Steve Franken, who attended high school with Roy, remembers the Switch founder as popular athlete who stood out in their class of about 300. [11], In 2015, the company became the first data center service in the U.S. to participate in President Barack Obama's American Business Act on Climate Pledge. Rob Roy - Chief Executive Officer, Switch, Inc As of December 8, 2022 What is Rob Roy's Net Worth? In the year 2000, with a background in business leadership, engineering, commercial development and technology, Rob Roy converged his . Then I learned that Sun Microsystems had a significant presence inside of Switch's existing hosting facility. Such an undertaking could strap actual muscle to the cloud and utility computing buzzwords that have become commonplace in the technology industry. (Wausau Daily Herald), This 1978 article from the Wausau Daily Herald, of Wisconsin, includes a photo of Bruce Borden at work. Rob's mailing address filed with the SEC is C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD, LAS VEGAS, NV, 89118. The Roys and Ruvos have dined together, and Roy has contributed his time, money and technology savvy to improving Ruvos center. Between December 2013 and August 2016, he donated at least $32,000 to local Democrats and Republicans. Roys brother, Mike Borden, owned 5 percent. He is passionate about ensuring that every Switch customer has an exceptional experience in all aspects in which they engage with the company. All the heavies are there.". Brian Sandoval and two Democrats, Clark County Commissioner Steve Sisolak and former Nevada Secretary of State Ross Miller, according to local campaign contribution records. The polite receptionist would take the same message every time, but nothing resembling a returned phone call materialized. . Mr. Roy earned a salary of $1,046,000.00, stock awards of $5,739,984.00, non-equity compensation of $1,496,970.00, and other compensation of $475,761.00. Social Responsibility As of 6 December 2022 he still owns at least 959,216 units of Switch Inc stock. He may not be universally liked the Register article quotes anonymous sources who doubted Roy could supply enough power to the massive SuperNAP and said he tends to promise more than he can deliver. That's because the first SuperNAP will not be the last. Roy exhibits such unabashed enthusiasm for Switch's accomplishments that it seems almost miraculous for him to have rejected public accolades over the past 8 years. Copyright 2019 Las Vegas Review-Journal, Inc. | Privacy Policy | Terms of Service, By Wade Tyler Millward Las Vegas Review-Journal, Switch's distinctive exterior wall-mounted multi-mode HVAC units (TSC HVAC) line the sides of the data center shell and use a patented technology to manage cooling and airflow in the data center at the Switch Core Campus in Las Vegas on Monday, Jan. 15, 2018 Michael Quine Las Vegas Review-Journal @Vegas88s, The Switch Data Sector houses rows of multi-cabinet heat containment chimney pods that channel computer generated heat up and out of the data center at the Switch Core Campus in Las Vegas on Monday, Jan. 15, 2018 Michael Quine Las Vegas Review-Journal @Vegas88s, Above the ceiling of the data sector is the plenum where temperatures can reach above 110 degrees from hot air which routed out of the building through the patented exterior wall-mounted multi-mode HVAC units at the Switch Core Campus in Las Vegas on Monday, Jan. 15, 2018 Michael Quine Las Vegas Review-Journal @Vegas88s, Switchs distinctive exterior wall-mounted multi-mode HVAC units (TSC HVAC) line the sides of the data center shell and use a patented technology to manage cooling and airflow in the data center at the Switch Core Campus in Las Vegas on Monday, Jan. 15, 2018 Michael Quine Las Vegas Review-Journal @Vegas88s, The Switch Data Sector houses rows of multi-cabinet heat containment chimney pods (t-scif) that channel computer generated heat up and out of the data center at the Switch Core Campus in Las Vegas on Monday, Jan. 15, 2018 Michael Quine Las Vegas Review-Journal @Vegas88s, The Power Distribution Corridor also known as the Switch Power Spine channels wiring and electrical power to the entire data center at the Switch Core Campus in Las Vegas on Monday, Jan. 15, 2018 Michael Quine Las Vegas Review-Journal @Vegas88s, Controlled access turnstiles are one of many security measures utilized at the Switch Core Campus in Las Vegas on Monday, Jan. 15, 2018 Michael Quine Las Vegas Review-Journal @Vegas88s, Racks of computer servers light the corridor between hot aisle containment rows at the Switch Core Campus in Las Vegas on Monday, Jan. 15, 2018 Michael Quine Las Vegas Review-Journal @Vegas88s, A data center which was purchased as part of a $1 billion investment from Enron right before the energy company went bankrupt, in Las Vegas, Dec. 21, 2017. Executive Team Shares rose by around five percent following the report, valuing the company at over $7 billion. Press Release By August 2000, the first customers had installed computer systems in the partners business. Rob Roys standard of excellence and leadership is visible throughout Switch and the technology industry. It ended with FBI gunfire. 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. 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. Switch tied this vast network to existing data center hosting facilities and attracted military clients, among others, to its Las Vegas shop. The Switch SUPERLOOP will extend directly to include Los Angeles and San Francisco. The SuperNAP is the most efficient data center in the world, the most dense, he says. [28], In January, 2015 Switch announced a $4 billion expansion plan to build a new data center campus east of Reno in Storey County. Don't miss the big stories. Gregg Doc Cramer taught English and coached sophomore football at the high school. Learn More about Rob Roy's net worth. [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. 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. 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. 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 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. However, public records and interviews with those who know him professionally and personally shed light on the man who wants to watch over the worlds data. Rob Roy, circled, was known as a popular athlete in high school, when he was called Rob Borden. [38], The US$300 million (11 billion THB) Thailand SUPERNAP data center facility will have capacity for more than 6,000 data server racks. In an interview, Snyder said Roys intellect and big name clients helped convince him to join the company. Bloomberg reports that the Las Vegas-based company, led by chairman and CEO Rob Roy, is working with advisers. Rob Roy's standard of excellence and leadership is visible throughout Switch and the technology industry. 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. While his father restarted college, Roy was leaving Kromrey Middle School and entering Middleton High School. [38] It partnered with the University of Nevada, Reno to develop the northern Nevada-based center in Reno which opened in September 2015. Comment US data center operator Switch Inc. is believed to be exploring strategic options, including a sale. Learn More on Rob Roy's trading history. Switch TAHOE RENO [6], Switch developed an over $5 trillion purchasing cooperative to allow customers to collectively purchase telecommunications and other services across all of its campuses. Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. Careers Scanners verified fingerprints. [32][33][34][35], Switch's Pyramid Campus (former Steelcase Pyramid) in Grand Rapids, Michigan, was opened in May 2017. He expects it to be filled by the world's most prominent companies, including just about every technology heavyweight you can think of and the major media conglomerates. Learn More on Switch's active insiders. In a rare interview Roy gave in 2008 to British technology news website The Register, Roy said he helped his father read textbooks and listen to lectures. Rob is trying to think of the things he can build for his dad, Roys mother told the newspaper. "What we are building has three or four times the power and cooling of the other guys. I grew up just being very involved in the whole process. Switch founder and CEO Rob Roy has developed more than 400 issued and pending patent claims covering data center designs that have manifested into the company's world-renowned data centers and technology solution ecosystems. During the last year, insiders at the sold shares 7 times. He is generous to both his employees and the communities in which he builds data centers. 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. China is aggressively locking up mines and production. Details can be seen in Rob Roy's Latest Holdings Summary section. The dividend yield of Switch Inc stocks is 0.93%. 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. Borden runs the Las Vegas Valley-based data center company Switch. Alleged $500M Ponzi scheme preyed on Mormons. 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. He was 67. 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. Request a Quote By 2016, the number grew to $318.4 million, according to SEC documents. How many families get you a Terminator?" The Gigawatt 1 concept comes from an initiative called Gigawatt Nevada, first proposed by Rob Roy . Tommy Thompson, who also served as health and human services secretary under President George W. Bush. Funded by a grant from Governor's Office of Economic Development, it hosts programs to commercialize stationary robotic and advanced manufacturing systems, unmanned aerial vehicles, driverless cars, and underwater robots.[49]. Roy alleges Ohler never returned Roys calls, that he missed his scheduled site visits and that he asked customers for a job. Roy describes the 407,000 square foot facility as the most energy efficient, tightly packed data center on the planet. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". Learn More about insider trades at Switch. You can see the complete history of Mr Roy stock trades at the bottom of the page. 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 father of Switch CEO Rob Roy paralyzed all his limbs after a diving accident. More of our coverage of the Switch IPO: GuruFocus has detected 2 severe warning signs with Switch Inc. . The Reno center is home to the Nevada Advanced Autonomous Systems Innevation Center (NAASIC). According to TMZ, Tiffany Riggle cited "irreconcilable differences" as the reason she filed for divorce from Rob Riggle. In a 2004 Review-Journal story, Roy said high-tech companies need tax credits to help pay for research and development of new technologies. Switch CEO Rob Roy, who founded the company in 2000, said the Dell partnership is another milestone in his company's efforts to expand its data center footprint in the central U.S. region. Rob Roy has more than 20 years of experience as an inventor, design engineer and solutionist in the technology industry. Mr. Roy is currently 53 years old. The court dismissed both lawsuits in May 2001. "This is the most advanced computing center in the world," I was told. The 10 most powerful companies in enterprise networking 2022. Rob Roy (Neal Portnoy/Las Vegas Review-Journal). A dual 200-mph-rated roofing system to mitigate extreme weather conditions. 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. 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 Enron sold the property in January 2003 to companies managed by early Switch investors Scott Gragson and William Balelo for $930,000, according to county property records. 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. About. 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. Switch's insider roster includes Teresa Borden (Insider), Erin Morton (Insider), Rob Roy (CEO), Stella Roy (Major Shareholder), Thomas Thomas (Director), and Melissa Young (Insider). ", "Switch joins carbon campaign, announces 100MW solar farm. The current estimated net worth of Switch, Inc's Chief Executive Officer, Rob Roy,. It was at that time that he put forth his first patented design metrics for his Switch WDMD (Wattage Density Modular Design) program. In the spring of 1983, Roys father enrolled at the nearby University of Wisconsins Madison campus, according to university records. "It's like the internet superhighway wrapped up in one package. Thanks to his wife and daughter, he works in an office surrounded by various figurines from the worlds of King Kong and Middle-earth, a Predator head, and a custom-made, life-sized, gun-toting Terminator. He named Borden in 1999 among bold pioneers who are leading Wisconsin into the next millennium., Bruce was the kind of guy that if he thought he had a good idea, he liked to share it, said fellow disabilities advocate Charlene Dwyer, now a consultant. Those are very special people.. [24], Switch has sued NV Energy for $30 million over disagreements about power price,[25][26][27] and in 2016 Switch was allowed to switch from NV Energy to its own solar power plants at an "exit fee" of $27 million. We are so far ahead of competition.. CEO Recent Trades: CEO, 10% Owner Rob Roy sold 100,000 shares of SWCH. Today, Ohler and his wife run Solidifi, a communication services company that provides design and installation services. Switch, Inc. was founded in 2000 and is headquartered in Las Vegas, Nevada. Of those, 3 million vested immediately while the remainder, worth about $81.9 million at the end of 2017, will be handed to him gradually over four years, according to a regulatory filing Friday. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. Rob Roy is driven by the principle of Karma: putting good energy out into the world and getting good energy back. 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. 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. He was always the guy who took control a leader.. (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. Mr. Roy owns 765,452 shares of Switch stock worth more than $26,216,731 as of March 1st. Las Vegas-based brands are chasing new audiences through other peoples accounts as the industry around influencer marketing grows. Shares of Las Vegas-based Switch started trading on the New York Stock Exchange under the ticker symbol "SWCH" exactly one week ago. Though other data center companies have a presence in the valley, Switchs dominance has sent other service providers to more competitive places like Arizona, Tan said. Everything is on a massive scale. Copyright 2023 IDG Communications, Inc. Whoever owned the building would have the technology to send the entire Library of Congress anywhere in the world in minutes and stream video to the all of California, according to a 2004 KNPR program. 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. He is generous to both his employees and the communities in which he builds data centers. Behind him, a dashboard of buttons lets him open and close doors without leaving his seat. [1][2], Switch was founded in 2000 by Rob Roy, CEO and the organization's principal inventor and chief engineer. The name of the company - Switch Communications - will go unrecognized by almost all of you. 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: . [1] [2] History [ edit] Switch was founded in 2000 by Rob Roy, CEO and the organization's principal inventor and chief engineer. Rob Roy is CEO and Founder of Switch, developer of the world-renowned SUPERNAP data centers. Around 2005, Roy met former Boyd Gaming executive Don Snyder and recruited him to the board. Roy and Ohler toured a data center in Los Angeles and decided to bring their idea to life, according to court documents. EDGE Data Centers 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. [29] In February 2017, Switch opened its first data center on the campus, TAHOE RENO 1, which will be more than 1.3million square feet (120,000m2), have 130 MVA power capacity, and more than 83,000 tons of cooling capability, making it the largest data center campus in the world. His data storage company, Switch, is working on a new campus in Atlanta. Switch Communications was mainly a government and military contractor in its early days, but now also targets Fortune 1000 customers (such as Sony). ", 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? 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. Roy accused Ohler of stealing a business computer, billing software, records and a gun from the office, according to court documents. 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." Why? Before Switch became reality, energy giant Enron made a $1 billion investment in Southern Nevada. Here are some photos from the day. "I typed every single thing for that degree. In the year 2000, with a background in business leadership, engineering, commercial development and technology, Rob Roy converged his areas of expertise to create Switch . That's because it has operated in near total secrecy for the last few years. 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. 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