", "First Solar, Inc., 179 Megawatt AC (MWac) Switch Station 1 and Switch Station 2 Solar Projects: Private Company Information - Bloomberg", "Why Data Center Provider Switch is Suing Nevada and NV Energy", http://pucweb1.state.nv.us/PDF/AxImages/DOCKETS_2015_THRU_PRESENT/2016-9/15489.pdf, "Switch applies for wholesale electricity for Northern Nevada project", "Switch reaches agreement with Nevada regulators to leave NV Energy", "Vegas' Switch Opens World's Biggest Data Center in Northern Nevada", "On Switch: Reno-area SuperNAP to be largest data center on Earth. YouTubes privacy policy is available here and YouTubes terms of service is available here. 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. Switch has preferred to keep its gold mine a need-to-know type of affair. Visit switch.com for more information. [28], In January, 2015 Switch announced a $4 billion expansion plan to build a new data center campus east of Reno in Storey County. Blogs He was always the guy who took control a leader.. 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. (Dewey Pfister/Wausau Daily Herald), Rob Roy was named "best legs" in his 1987 senior yearbook for Middleton High School near Madison, Wisconsin. 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. The hall to Roys office nowadays displays drawn versions of employees made to look like comic book heroes. Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. Three N+2 color-coded systems to deliver tri-redundant power and 100% uptime. His company grew from leased space in an eastern valley strip mall to about Roy spoke out from time to time on issues that concerned him. GuruFocus has detected 2 severe warning signs with Switch Inc. . 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. At the time, Roy oversaw a team of about 30 people with Las Vegas home builder Champion Homes, the company behind Champion Village in Henderson and Iron Mountain Ranch in the northwestern valley. Ohler owned 25 percent. The 10 most powerful companies in enterprise networking 2022. Enron finished the building in 1998. The Switch campus in Atlanta will be the companys first foray into a more competitive market. ", A few months ago, word of Switch's apparently fantastic operations started to reach my in-box. Rob Roy has turned his wealth into political capital as well. 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. 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. [19], In 2008, the company opened SUPERNAP 7, a 515,047-square-foot (47,849.4m2) facility, its seventh data center. Its now controlled by the independent living center IndependenceFirst. A few years later, the company collapsed. Copyright 2023 IDG Communications, Inc. They sold a total of 280,000 shares worth more than $9,313,600.00. Those are very special people.. Hes being an ambassador to the city.. ", "Switch Will Use Tesla Megapacks for Hyperscale Energy Storage", "Switch opens another Las Vegas data center", "Switch's Las Vegas Data Center Stronghold Reaches North of 2 Million Square Feet | Data Center Knowledge", "Shutterfly Deploys 1,000 Cabinets at Switch SUPERNAP", "Switch goes green with renewable power for SUPERNAPs. The Switch founder last spoke to a media outlet around 10 years ago. (1987 Middleton High School yearbook), This 1981 article from the Wausau Daily Herald, of Wisconsin, includes a photo of Bruce Borden from 1972. Roys brother, Mike Borden, owned 5 percent. Switch is a company to watch, even with its unusual traits, said Jabez Tan, a data center research director at the Structure Research consulting firm. Roy had just turned 32. 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. 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. This gave Switch access to more than twenty of the primary carrier backbones in a single location. In 2013, Switch posted revenue of $166.8 million. 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. 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. "To . Two years later, Roy restarted the business under the name Switch. The current estimated net worth of Switch, Inc's Chief Executive Officer, Rob Roy,. Switch CEO and founder Rob Roy's Gigawatt 1 solar project will be built in Northern and Southern Nevada. The court dismissed both lawsuits in May 2001. Switch can also be reached via phone at (702) 444-4111 and via email at [emailprotected] Learn More on Rob Roy's contact information. She said she never met Roy, but Borden often talked about his sons. 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. Learn More on Rob Roy's contact information. 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. 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. [12] Switch is currently[when?] I think I have been 30 since I was 13.. Details can be seen in Rob Roy's Latest Holdings Summary section. If "most" isn't his favorite word, perhaps it is "best." Around 2005, Roy met former Boyd Gaming executive Don Snyder and recruited him to the board. He is generous to both his employees and the communities in which he builds data centers. Decades before the October IPO that raised more than a half-billion dollars, Roy was a kid who played football and helped his father read computer science textbooks. Learn More about Rob Roy's net worth. As of 6 December 2022 he still owns at least 959,216 units of Switch Inc stock. Shares of Las Vegas-based Switch started trading on the New York Stock Exchange under the ticker symbol "SWCH" exactly one week ago. Like us on Facebook. About. It was at that time that he put forth his first patented design metrics for his Switch WDMD (Wattage Density Modular Design) program. Switch SUPERLOOP, About Roys father spent a final semester with the university in fall 1984 without completing a degree. 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: . 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. Las Vegas-based brands are chasing new audiences through other peoples accounts as the industry around influencer marketing grows. (Kerry Hill/Wausau Daily Herald), This 1980 article from the Wausau Daily Herald, of Wisconsin, includes a photo of Bruce Borden, left, at work. The SuperNAP monstrosity looks to stand as just a starting point for Switch with the company's investors urging it to build close to 10 similar centers around the globe. articles a month for anyone to read, even non-subscribers! 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. As far as Im concerned, the guys a rock star, Martin said. The father of Switch CEO Rob Roy paralyzed all his limbs after a diving accident. Schedule a Tour 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. . ", Network World secured a tour of the SuperNAP through APC, which outfitted the data center with NetShelter SX racks, thousands of rack-mounted power distribution units and UPS power supplies. Rob Roys standard of excellence and leadership is visible throughout Switch and the technology industry. Ohler accused Roy of stealing at least $45,000 from the company account and changing the codes to the Sahara building, locking Ohler out, according to court documents. Learn More about insider trades at Switch. [6], Switch developed an over $5 trillion purchasing cooperative to allow customers to collectively purchase telecommunications and other services across all of its campuses. Get notified the next time Rob Roy buys or sells Switch stock. A multi-mode HVAC platform generating uninterruptible, high-efficiency cooling. The places where Switch has built Las Vegas, Reno and Grand Rapids, Michigan are not considered popular areas for data centers. In July 2004, he sold the Henderson house near Fox Ridge Park that hed lived in since at least 1999 for about $310,000. The centers are intended for collaboration between students, entrepreneurs, businesses, investors and non-profits. Of course, I didn't have a computer science degree at 17. he notes. [13] As of January 1, 2016, all Switch data centers are powered exclusively by clean and renewable energy. This net worth estimate does not reflect any other investments that Mr. Roy may own. 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. As of early December, Roy had sold more than 1,000 of the 7,000 potential SuperNAP cabinets. Today, Roy is CEO of Switch, responsible for one of the largest IPOs of 2017. 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. This chart shows Rob Roy's buying and selling at Switch by year and by quarter. The name of the company - Switch Communications - will go unrecognized by almost all of you. 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 [41][42], Switch has hundreds of clients, including Fortune 1000 companies. "How much marketing have you ever seen me do? Switch GRAND RAPIDS 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. Roy alleges Ohler never returned Roys calls, that he missed his scheduled site visits and that he asked customers for a job. Compared to the military-grade security Switch is known for today, the human security at Colocation Gateways was Roy, Ohler and Roys brother checking on the building once a day. ", "Switch: Largest data center building in world opens near Reno", "Switch Plans Massive $1 Billion SUPERNAP Data Center in Reno", "$1B Switch data center near Reno will be world's biggest", "$1B Switch Data Center Near Reno Will Be World's Biggest", "Switch confirms plans for $5B investment, 1,000 jobs at West Michigan data center. Borden's son, Rob Roy, runs the Las Vegas Valley-based data center company Switch. In a 2004 Review-Journal story, Roy said high-tech companies need tax credits to help pay for research and development of new technologies. All the heavies are there.". The company serves technology and digital media companies, financial institutions, government agencies, and network and telecommunications providers, as well as cloud, IT, and software providers. [35][48] They are named "inNEVation Center". It develops and operates data centers in Nevada, Michigan, and Georgia. Ruvo, whose own father died of Alzheimers disease, said stories about taking care of their fathers bonded the two men. In 2007, he paid $220,000 for a townhouse about a mile away. 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]. [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. CEO Recent Trades: CEO, 10% Owner Rob Roy sold 100,000 shares of SWCH. 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. He was 25. 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. 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. That month, Ohler described the security within the steel-lined building in an interview with Nevada Business magazine about the company Colocation Gateways. As governor, Thompson recognized Borden in at least one of the governors annual State of the State addresses. Bordens Mobility Store in Madison, Wisconsin, exists to this day. As the CEO of Switch, Inc., Mr. Roy earned a total compensation package of $8,758,715.00 in 2021. 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. Tommy Thompson, who also served as health and human services secretary under President George W. Bush. But the partnership died quickly. 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. 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. Rob Roy is the CEO of Switch Inc and owns about 14,851,842 shares of Switch Inc (SWCH) stock worth over $509 Million . Learn More on Switch's active insiders. As Ruvo sees it, Roys time taking care of his father formed the Switch CEO as a person. But Switch has now decided to forgo the code of silence as its business expands on a massive scale. Chart Data in Insider Trading History Table. 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 . 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. 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. The next month, Roy started working with data centers full time. Ohler wanted at least $300,000.
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