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. [16][17][18] In 2020, construction started on a 555 MW solar project in Nevada, of which 127 MW is behind-the-meter at Citadel. 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. 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. The project will produce among the lowest priced solar power in the world and generate . In the year 2000, with a background in business leadership, engineering, commercial development and technology, Rob Roy converged his . 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. 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 . Ruvo, whose own father died of Alzheimers disease, said stories about taking care of their fathers bonded the two men. Policies & Disclosures, AboutExecutive TeamSocial ResponsibilitySustainabilityESGTestimonialsPress ReleaseBlogsCareersPolicies & Disclosures. [10] Seventy-percent of the current workforce are veterans. 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. 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. In 2014, Roy, Snyder and board member Bryan Wolf helped bring a supercomputer to Las Vegas from Wolfs employer, Intel. YouTubes privacy policy is available here and YouTubes terms of service is available here. ", 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? 2023 Advance Local Media LLC. 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. "To . 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. The next month, Roy started working with data centers full time. Behind him, a dashboard of buttons lets him open and close doors without leaving his seat. 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]. 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As governor, Thompson recognized Borden in at least one of the governors annual State of the State addresses. It was at that time that he put forth his first patented design metrics for his Switch WDMD (Wattage Density Modular Design) program. 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. When your. 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! Web page addresses and e-mail addresses turn into links automatically. Copyright 2017 - 2022 Switch. 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. These designs are manifested in industry-renowned Switch data centers in the United States and SUPERNAP International facilities in Europe and Asia. Switch's IPO in October should have net Roy over $700 million. Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more. Roy argues that drawing undue attention to this facility would go against the military customers' best wishes. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. The estimated net worth of Rob Roy is at least $509 Million dollars as of 2023-02-03. Roy is almost 40 years old. Learn More on Rob Roy's trading history. Why? Multi-System Exterior Wall Penetrating HVAC Units. [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. Hes being an ambassador to the city.. 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. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. . The estimated net worth of Rob Roy is at least $26.22 million as of January 11th, 2021. As Ruvo sees it, Roys time taking care of his father formed the Switch CEO as a person. "I have the coolest family ever. Press Release I think I have been 30 since I was 13.. - Switch He is generous to both his employees and the communities in which he builds data centers. 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. Rob Roy, circled, was known as a popular athlete in high school, when he was called Rob Borden. Rob Roy (Neal Portnoy/Las Vegas Review-Journal). [14] In 2016 Switch joined the WWF/WRI Renewable Buyers Principles. Everything is "Look at how much ass we kick. Rob is thinking years in front of where we are today, Snyder said. 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. "He couldn't type. Learn how and when to remove this template message, "Switch Communications data center expanding to 2.2 million square feet", "Switch SUPERNAP Named as the First and Only Registered Hosting Center for Online Gaming by the Nevada Gaming Commission", "SuperNAP 8 Earns Tier IV Gold Status for Operations", "SUPERNAP: The World's Most Advanced Data Center", "Welcome to Las Vegas - Home of the technology superpower you've never heard of", "SuperNAP Data Centers Branches Out of the US", "Switch launches 'Tier 5' data center standard", "Switch Backs Away from Uptime's Tiers, Pushes Own Data Center Standard | Data Center Knowledge", With seven women among its top 14 executives, Switch sets itself apart., "Regional tech industry welcomes Switch. 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 . 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. Hes a friend of mine that I admire, respect and, frankly, have learned to love.. Las Vegas-based brands are chasing new audiences through other peoples accounts as the industry around influencer marketing grows. Chart Data in Insider Trading History Table. Roy eventually got into commercial real estate, and basically fused his two fields of expertise in his current venture. Switch, Inc. is a leader in exascale data center ecosystems, edge data center designs, industry-leading telecommunications solutions and next-generation . We do a damn good job, and our customers know it.". He knows what these people are going through, Ruvo said. Switch tied this vast network to existing data center hosting facilities and attracted military clients, among others, to its Las Vegas shop. On the topic of family, Roy says he got much of his inspiration from his father, who became a quadriplegic when Roy was 12 and thereafter earned a computer science degree. Comment US data center operator Switch Inc. is believed to be exploring strategic options, including a sale. Roys office is lit in red with furniture he made himself. As Switch's CEO Rob Roy tells it, however, the company had good reason to avoid publicity. Rob Roy has not been actively trading shares of Switch during the last quarter. 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. 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 name of the company - Switch Communications - will go unrecognized by almost all of you. As the CEO of Switch, Inc., Mr. Roy earned a total compensation package of $8,758,715.00 in 2021. [12] Switch is currently[when?] The Reno center is home to the Nevada Advanced Autonomous Systems Innevation Center (NAASIC). 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. Sales managers told KNPR that only Roy showed to the Enron auction despite representatives marketing to 300 information technology companies over three months. How many families get you a Terminator?" Roys signature changed over time as well. In Rob Roys mission to redesign and redefine every aspect of the data center, he has developed more than 700 patent and patent-pending claims. 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. 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. The Switch SUPERLOOP will extend directly to include Los Angeles and San Francisco. Rob Roy has turned his wealth into political capital as well. As far as Im concerned, the guys a rock star, Martin said. Chatting with Roy, it quickly becomes clear that one of his favorite words in the English language is "most." In 2007, he paid $220,000 for a townhouse about a mile away. The most active insiders traders include Jeffrey Alan Troesh, St Switch Llc First, and Thomas A Thomas. Rob Roy - Chief Executive Officer, Switch, Inc As of December 8, 2022 What is Rob Roy's Net Worth? None. The father of Switch CEO Rob Roy paralyzed all his limbs after a diving accident. Don't miss the big stories. All the heavies are there.". Mr. Roy is currently 53 years old. [28], In January, 2015 Switch announced a $4 billion expansion plan to build a new data center campus east of Reno in Storey County. He was always the guy who took control a leader.. 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. (1987 Middleton High School yearbook), This 1981 article from the Wausau Daily Herald, of Wisconsin, includes a photo of Bruce Borden from 1972. Here are some photos from the day. [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. Roys father spent a final semester with the university in fall 1984 without completing a degree. He sits in front of multiple monitors, flanked on either side by statues more than 6 feet tall of the titular villains from the Alien and Predator series of movies, comics and video games. He met the former Stella Leighton during a visit to Las Vegas and married her in August 1994, according to district court records. Snyder brought Roy on as one of about 60 founders of The Smith Center for the Performing Arts. By December 2001, about seven months after end of Colocation Gateways, Enron would file one of the largest corporate bankruptcies in U.S. history. CEO Recent Trades: CEO, 10% Owner Rob Roy sold 100,000 shares of SWCH. The $11 billion sale of Las Vegas-based data center developer Switch Inc. officially closed on Tuesday. 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