A few years later, the company collapsed. Borden's son, Rob Roy, runs the Las Vegas Valley-based data center company Switch. 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 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. Blogs Learn More about insider trades at Switch. Additionally, Mr. Roy receives an annual salary of $3,020,000.00 as CEO at Switch. ", "UNLV Awarded the Use of Intel's World-Class Supercomputer Cherry Creek", "Switch Donates $3.4M in Data Center Services for Reno Supercomputer", "NAASIC to spur autonomous systems development, receives $3 million in state funding", U.S. Patent-Integrated wiring system and thermal shield support apparatus for a data center, U.S. Patent-Server system with heat dissipation device, U.S. Patent-Data center air handling unit, U.S. Patent-Electronic equipment data center or co-location facility designs and methods of making and using the same, U.S. Patent-Data center facility design configuration, https://en.wikipedia.org/w/index.php?title=Switch_(company)&oldid=1138283551, Networking companies of the United States, Companies formerly listed on the New York Stock Exchange, Pages with non-numeric formatnum arguments, All articles with bare URLs for citations, Articles with bare URLs for citations from March 2022, Articles with PDF format bare URLs for citations, Short description is different from Wikidata, Articles with a promotional tone from November 2019, All articles with vague or ambiguous time, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0. Enron finished the building in 1998. Borden is the father of Switch CEO Rob Roy. Why? 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. 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 We do a damn good job, and our customers know it.". We are so far ahead of competition.. The SuperNAP is the most efficient data center in the world, the most dense, he says. A steel infrastructure matrix that radiates cold to maintain temperature. He was born Rob Roy Borden on April 26, 1969, in Minnesota to Bruce and Marcia Borden, according to public records. The Reno center is home to the Nevada Advanced Autonomous Systems Innevation Center (NAASIC). As of early December, Roy had sold more than 1,000 of the 7,000 potential SuperNAP cabinets. The corporate mailing address for Mr. Roy and other Switch executives is 7135 S. Decatur Boulevard, Las Vegas NV, 89118. It develops and operates data centers in Nevada, Michigan, and Georgia. Chart Data in Insider Trading History Table. 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. Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more. [6] Six years later, in 2008, Switch was planning to build its first SUPERNAP facility which would "rival anything being built by the likes of Microsoft and Google" for $350 million, with Roy stating that he could store "four times as much gear as those companies do in his center".[6]. Switch, Inc., through its subsidiary, Switch, Ltd., provides colocation space and related services. His company grew from leased space in an eastern valley strip mall to about The U.S. is dangerously lacking in critical minerals such as cobalt, lithium, and rare earths needed to maintain our national security. The title means Roy contributed at least $1 million to the project, which opened in March 2012. Brian Sandoval and two Democrats, Clark County Commissioner Steve Sisolak and former Nevada Secretary of State Ross Miller, according to local campaign contribution records. Enter your email address below to get our daily insider buying and selling report. This gave Switch access to more than twenty of the primary carrier backbones in a single location. 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. Rob Roy is the Founder, Chairman & CEO at Switch Inc. As the Founder and Chairman & CEO of Switch Inc, the total compensation of Mr Roy at Switch Inc is $2,717,802. I think I answer at least 10 (direct messages) a day of somebody asking to get a product shipped to them that they saw on a video, says Rebecca Robledo, the social media manager for the Charleston Antique Mall. The CEO, founder and chairman of Switch Communications . (1987 Middleton High School yearbook), This 1981 article from the Wausau Daily Herald, of Wisconsin, includes a photo of Bruce Borden from 1972. Roys mission find investors and property. The estimated Net Worth of Rob Roy is at least $57.8 Million dollars as of 6 December 2022. ", This is how Roy talks. Rob Roy has not been actively trading shares of Switch during the last quarter. On this Wikipedia the language links are at the top of the page across from the article title. [6], Switch developed an over $5 trillion purchasing cooperative to allow customers to collectively purchase telecommunications and other services across all of its campuses. [19], In 2008, the company opened SUPERNAP 7, a 515,047-square-foot (47,849.4m2) facility, its seventh data center. Rob Roy is CEO and Founder of Switch, developer of the world-renowned Switch data centers. Rob is thinking years in front of where we are today, Snyder said. What is Rob Roy's net worth? While building the company, Roy, now 48, has stirred enough hearsay to envy the Scottish folk hero with whom he shares a name. We had a dummy terminal to the university and he got his computer science degree over four years from the time I was 13 to 17," Roy says. Sales managers told KNPR that only Roy showed to the Enron auction despite representatives marketing to 300 information technology companies over three months. Copyright 2017 - 2022 Switch. ", A few months ago, word of Switch's apparently fantastic operations started to reach my in-box. Most recently, Rob Roy sold 200,000 shares of the business's stock in a transaction on Tuesday, November 23rd. ESG 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. In a 2004 Review-Journal story, Roy said high-tech companies need tax credits to help pay for research and development of new technologies. "Pay no attention to the secure fortress in the strip mall. 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. We don't do any. [46], In 2017, the firm donated $3.4 million in data center services to the University of Nevada, Reno for a new supercomputer, called Pronghorn. But the partnership died quickly. 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. Ohler owned 25 percent. [35][48] They are named "inNEVation Center". Switch's IPO in October should have net Roy over $700 million. However, since the IPO, Roy has been involved behind the scenes in the sales effort, often helping larger customers think through IT strategy and deployments, Heinz said. Stella Roys son from another relationship would adopt the Roy last name in 2011, according to court records. 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. 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. Tragedy forced young Roy to grow up fast. ", "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. Mr. Roy owns 765,452 shares of Switch stock worth more than $26,216,731 as of March 1st. People close to Roy say other investments put his worth above $1 billion. ABOUT Capital Dynamics Clean Energy Infrastructure 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. Switch compound in Las Vegas wrapped tight in security. Learn More on Rob Roy's trading history. . [1] [2] History [ edit] Switch was founded in 2000 by Rob Roy, CEO and the organization's principal inventor and chief engineer. On average, Switch Inc executives and independent directors trade stock every 11 days with the average trade being worth of $8,561,574. 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. The CEO, Rob Roy, is the most brilliant and talented business person I have had the pleasure to work with. Historical business data for Switch, Inc.: This page was last edited on 8 February 2023, at 21:58. 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. "We own all three parcels of land around the substation next door," Roy says. He has the ability to envision what can be, but then has the practical ability to create it, said Don Snyder, a Switch board member whose resume includes leadership roles at Boyd Gaming and UNLV. All rights reserved 19982023, Latest claim comes days after Dept of Energy waved finger in China's direction, All part of the cloud provider's Confidential Computing push, Next version of Red Hat's bleeding-edge distro won't drop all the older tech it had hoped to, Giving storage platforms enhanced built-in security features will be a significant step toward counteracting the impacts of cybercrime in 2023, Dell experts predict, Interstellar Boundary Explorer isn't listening and Surface Water Ocean Topography mission off to unlucky start, Job cutting plan expected to ease pressures later this year, Gartner finds pandemic-related trend is becoming the norm, Entrance of SpaceX and others into airline Wi-Fi eases worries. The Gigawatt 1 concept comes from an initiative called Gigawatt Nevada, first proposed by Rob Roy . Champion Homes would file for Chapter 11 bankruptcy in December 1999. That's because the first SuperNAP will not be the last. Learn More on Rob Roy's contact information. Borden's son, Rob Roy, runs the Las Vegas Valley-based data center company Switch. 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. The oldest executive at Switch Inc is Gabriel Nacht, 60, who is the Chief Financial Officer. - Switch It ended with FBI gunfire. Rob Roy has more than 20 years of experience as an inventor, design engineer and solutionist in the technology industry. The Switch founder last spoke to a media outlet around 10 years ago. ", "Construction begins on SuperNAP Thailand", "Switch Building SuperNap Mega Data Center in Thailand", "$5B Switch data center in Steelcase pyramid is 'Michigan's to lose'", "Vegas-based Switch plans $2.5 billion data center campus in Atlanta", "Meet Rob Roy, the man who built the SuperNAP data center", "Switch Gets Tier IV for Second Las Vegas Data Center. [32][33][34][35], Switch's Pyramid Campus (former Steelcase Pyramid) in Grand Rapids, Michigan, was opened in May 2017. On average, Mr trades about 56,328 units every 23 days since 2017. The project will produce among the lowest priced solar power in the world and generate enough clean energy to power nearly one million homes. 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. 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. But pretty close.". If "most" isn't his favorite word, perhaps it is "best." 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. As the CEO of Switch, Inc., Mr. Roy earned a total compensation package of $8,758,715.00 in 2021. Executive Team Everything is "Look at how much ass we kick. "I typed every single thing for that degree. 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. 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. Of course, I didn't have a computer science degree at 17. In 2013, Switch posted revenue of $166.8 million. Bordens Mobility Store in Madison, Wisconsin, exists to this day. Last spoke to a media outlet around 10 years ago marketing to 300 information technology companies over months! 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