Frederic B. Luddy net worth and biography

Frederic Luddy Biography and Net Worth

Director of ServiceNow

Fred Luddy is an American entrepreneur and the founder of ServiceNow and Enterprise Software, Inc. ServiceNow provides customers with a simple, internal IT service management platform.

Luddy held the role of CEO from the time of the company’s founding in 2004 until 2011, when he stepped down to serve as chief product officer, a role he held until 2017. He stepped up to his current role as chairman of the board in 2018.

Around the time he was founding ServiceNow, Luddy had lost his nearly $35 million fortune when his former employer, Peregrine Systems, Inc., filed for bankruptcy. He started the company just two weeks before his 50th birthday.

Luddy took ServiceNow public in 2012, after turning down a $2.5 billion acquisition offer at the advice of Sequoia Capital. As of 2018, the company ranked among Forbes’ Most Innovative Companies, with over 6,000 employees, 4,000 customers, and a $30 billion market cap.

850 of ServiceNow’s customers are included on Forbes Global 2000 list of the world’s largest public firms. Over 500 of its customers spend north of $1 million annually with the company.

Prior to founding ServiceNow, Luddy served as Peregrine’s chief technology officer. Before that, he had founded Enterprise Software and worked for Boole and Babbage, Inc. and the Amdahl Corporation.

Luddy grew up in Indiana, and he attended Indiana University for a while before dropping out to pursue computer programming.

What is Frederic B. Luddy's net worth?: The estimated net worth of Frederic B. Luddy is at least $340,947.37 as of May 24th, 2024. Mr. Luddy owns 428 shares of ServiceNow stock worth more than $340,947 as of March 29th. This net worth evaluation does not reflect any other investments that Mr. Luddy may own. Additionally, Mr. Luddy receives a salary of $40,000.00 as Director at ServiceNow. Learn More about Frederic B. Luddy's net worth.
How old is Frederic B. Luddy?: Mr. Luddy is currently 69 years old. There are 7 older executives and no younger executives at ServiceNow. Learn More on Frederic B. Luddy's age.
What is Frederic B. Luddy's salary?: As the Director of ServiceNow, Inc., Mr. Luddy earns $40,000.00 per year. There are 5 executives that earn more than Mr. Luddy. The highest earning executive at ServiceNow is Mr. William R. McDermott, Chairman & CEO, who commands a salary of $4,830,000.00 per year. Learn More on Frederic B. Luddy's salary.
How do I contact Frederic B. Luddy?: The corporate mailing address for Mr. Luddy and other ServiceNow executives is 2225 LAWSON LANE, SANTA CLARA CA, 95054. ServiceNow can also be reached via phone at (408) 501-8550 and via email at ir@service-now.com. Learn More on Frederic B. Luddy's contact information.
Has Frederic B. Luddy been buying or selling shares of ServiceNow?: Frederic B. Luddy has not been actively trading shares of ServiceNow during the last quarter. Most recently, Frederic B. Luddy sold 598 shares of the business's stock in a transaction on Friday, May 24th. The shares were sold at an average price of $741.92, for a transaction totalling $443,668.16. Following the completion of the sale, the director now directly owns 428 shares of the company's stock, valued at $317,541.76. Learn More on Frederic B. Luddy's trading history.
Who are ServiceNow's active insiders?: ServiceNow's insider roster includes Christopher Bedi (Chief Customer Officer), Susan Bostrom (Director), Teresa Briggs (Director), Lara Caimi (Insider), Jacqueline Canney (Insider), Jonathan Chadwick (Director), Paul Chamberlain (Director), Chirantan Desai (Insider), John Donahoe (Director), Russell Elmer (General Counsel), Fay Goon (Insider), Kevin Haverty (CRO), Lawrence Jackson (Director), Frederic Luddy (Director), Gina Mastantuono (CFO), William McDermott (Chairman & CEO), Jeffrey Miller (Director), Larry Quinlan (Director), Anita Sands (Director), David Schneider (Insider), Paul Smith (Insider), Nicholas Tzitzon (Insider), Patricia Wadors (Insider), and Dennis Woodside (Director). Learn More on ServiceNow's active insiders.
Are insiders buying or selling shares of ServiceNow?: During the last twelve months, insiders at the information technology services provider sold shares 41 times. They sold a total of 53,424 shares worth more than $50,517,650.63. The most recent insider tranaction occured on February, 25th when Vice Chairman Nicholas Tzitzon sold 2,945 shares worth more than $2,720,355.40. Insiders at ServiceNow own 0.3% of the company. Learn More about insider trades at ServiceNow.
Information on this page was last updated on 2/25/2025.

Frederic B. Luddy Insider Trading History at ServiceNow

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
5/24/2024	Sell	598	$741.92	$443,668.16	428
6/2/2023	Sell	660	$546.00	$360,360.00	598
12/6/2022	Sell	6,600	$387.01	$2,554,266.00	30,600
11/2/2022	Sell	6,600	$404.81	$2,671,746.00	31,200
10/10/2022	Sell	6,600	$385.46	$2,544,036.00	31,800
8/3/2022	Sell	6,600	$465.86	$3,074,676.00	33,000
7/7/2022	Sell	6,600	$497.01	$3,280,266.00	33,600
6/8/2022	Sell	707	$501.92	$354,857.44	660
4/5/2022	Sell	6,600	$556.81	$3,674,946.00	707
3/2/2022	Sell	333	$587.50	$195,637.50
2/8/2022	Sell	6,600	$582.16	$3,842,256.00
1/12/2022	Sell	15,000	$577.36	$8,660,400.00
12/7/2021	Sell	1,355	$657.40	$890,777.00
10/6/2021	Sell	16,500	$628.26	$10,366,290.00
7/7/2021	Sell	16,500	$560.07	$9,241,155.00
6/9/2021	Sell	16,500	$464.58	$7,665,570.00	1,518
5/7/2021	Sell	33	$493.40	$16,282.20	811
4/6/2021	Sell	16,500	$510.46	$8,422,590.00	811
3/8/2021	Sell	810	$485.84	$393,530.40	811
2/9/2021	Sell	16,500	$582.10	$9,604,650.00	811
1/7/2021	Sell	16,500	$512.39	$8,454,435.00	811
12/2/2020	Sell	38,600	$526.23	$20,312,478.00	811
11/2/2020	Sell	1,658	$495.49	$821,522.42	811
10/15/2020	Sell	28,600	$515.38	$14,739,868.00	811
9/16/2020	Sell	28,295	$464.06	$13,130,577.70	811
8/13/2020	Sell	28,600	$436.48	$12,483,328.00	811
7/7/2020	Sell	28,600	$415.85	$11,893,310.00	811
6/18/2020	Sell	28,600	$399.99	$11,439,714.00	811
6/12/2020	Sell	1,213	$387.62	$470,183.06
4/15/2020	Sell	26,000	$296.17	$7,700,420.00	1,213
3/12/2020	Sell	26,000	$273.56	$7,112,560.00	1,213
2/11/2020	Sell	40,613	$343.87	$13,965,592.31	1,213
1/13/2020	Sell	22,000	$303.56	$6,678,320.00	1,213
12/9/2019	Sell	22,000	$270.58	$5,952,760.00	1,213
11/11/2019	Sell	22,000	$248.68	$5,470,960.00
10/14/2019	Sell	22,000	$269.37	$5,926,140.00	1,213
9/9/2019	Sell	1,015	$254.79	$258,611.85	1,213
8/12/2019	Sell	22,000	$260.24	$5,725,280.00	1,213
7/26/2019	Sell	1,770	$288.16	$510,043.20	1,213
7/8/2019	Sell	22,000	$291.33	$6,409,260.00	2,983
6/10/2019	Sell	22,000	$277.57	$6,106,540.00	1,770
5/13/2019	Sell	21,103	$263.72	$5,565,283.16
4/8/2019	Sell	22,000	$237.38	$5,222,360.00	1,770
3/11/2019	Sell	22,000	$238.46	$5,246,120.00	1,770
2/11/2019	Sell	22,000	$229.91	$5,058,020.00	1,770
1/18/2019	Sell	32,500	$189.76	$6,167,200.00	282,383
12/17/2018	Sell	32,500	$173.94	$5,653,050.00	282,383
11/13/2018	Sell	32,500	$169.59	$5,511,675.00	282,383
10/10/2018	Sell	32,500	$174.56	$5,673,200.00	282,383
9/17/2018	Sell	32,500	$196.45	$6,384,625.00	282,383
8/22/2018	Sell	32,500	$182.51	$5,931,575.00	282,383
7/16/2018	Sell	32,500	$189.93	$6,172,725.00	282,383
6/18/2018	Sell	32,500	$185.22	$6,019,650.00	282,383
5/7/2018	Sell	32,500	$175.08	$5,690,100.00	260,791
4/18/2018	Sell	32,500	$174.18	$5,660,850.00	260,791
3/12/2018	Sell	32,500	$173.95	$5,653,375.00	260,791
1/10/2018	Sell	100,000	$135.37	$13,537,000.00	240,000
12/20/2017	Sell	170,000	$129.43	$22,003,100.00
11/16/2017	Sell	50,000	$125.34	$6,267,000.00	400
11/14/2017	Sell	48,790	$124.37	$6,068,012.30	400
10/11/2017	Sell	100,000	$120.51	$12,051,000.00
10/10/2017	Sell	50,000	$120.82	$6,041,000.00	29,990
9/14/2017	Sell	165,000	$116.03	$19,144,950.00	29,990
9/13/2017	Sell	82,500	$116.13	$9,580,725.00	29,990
8/24/2017	Sell	100,000	$110.17	$11,017,000.00	29,990
7/18/2017	Sell	102,000	$110.09	$11,229,180.00	11,190
7/17/2017	Sell	52,000	$109.96	$5,717,920.00	11,190
6/8/2017	Sell	167,000	$108.34	$18,092,780.00	11,190
5/4/2017	Sell	102,000	$94.96	$9,685,920.00	6,232
4/12/2017	Sell	102,000	$84.88	$8,657,760.00	6,232
3/22/2017	Sell	167,000	$85.02	$14,198,340.00
2/14/2017	Sell	102,000	$92.34	$9,418,680.00
2/13/2017	Sell	52,000	$92.04	$4,786,080.00
1/12/2017	Sell	154,000	$83.22	$12,815,880.00
12/22/2016	Sell	199,000	$76.04	$15,131,960.00
11/18/2016	Sell	20,539	$86.19	$1,770,256.41	1,887
11/15/2016	Sell	154,000	$84.18	$12,963,720.00	22,126
11/14/2016	Sell	79,000	$83.09	$6,564,110.00	22,126
10/18/2016	Sell	154,000	$75.52	$11,630,080.00	1,587
10/17/2016	Sell	79,000	$74.87	$5,914,730.00	1,587
9/22/2016	Sell	199,000	$76.68	$15,259,320.00	1,587
8/23/2016	Sell	87,201	$72.73	$6,342,128.73	105,843
8/22/2016	Sell	87,000	$71.69	$6,237,030.00	105,843
8/12/2016	Sell	154,000	$75.67	$11,653,180.00	175,788
7/20/2016	Sell	150,000	$71.20	$10,680,000.00	155,249
6/8/2016	Sell	195,000	$76.01	$14,821,950.00	155,249
5/6/2016	Sell	150,000	$67.39	$10,108,500.00	302,836
4/14/2016	Sell	150,000	$62.92	$9,438,000.00	269,994
3/22/2016	Sell	195,000	$61.56	$12,004,200.00	269,994
3/21/2016	Sell	97,500	$60.82	$5,929,950.00	269,994
2/17/2016	Sell	151,000	$52.84	$7,978,840.00	19,994
12/16/2015	Sell	65,000	$86.09	$5,595,850.00	1,587
12/15/2015	Sell	65,000	$85.35	$5,547,750.00	1,587
12/14/2015	Sell	73,600	$83.25	$6,127,200.00	1,587
9/16/2015	Sell	65,000	$73.89	$4,802,850.00	1,587
9/15/2015	Sell	65,000	$73.79	$4,796,350.00	1,587
9/14/2015	Sell	73,600	$73.07	$5,377,952.00	1,587
4/17/2015	Sell	203,600	$78.42	$15,966,312.00
3/19/2015	Sell	203,600	$80.06	$16,300,216.00
2/11/2015	Sell	203,600	$73.35	$14,934,060.00
2/10/2015	Sell	65,000	$73.12	$4,752,800.00
2/9/2015	Sell	73,600	$73.34	$5,397,824.00
1/22/2015	Sell	151,600	$65.22	$9,887,352.00
12/15/2014	Sell	45,000	$63.00	$2,835,000.00
12/3/2014	Sell	151,400	$61.59	$9,324,726.00
12/1/2014	Sell	100,000	$61.56	$6,156,000.00
11/13/2014	Sell	151,400	$67.77	$10,260,378.00
9/11/2014	Sell	151,400	$62.54	$9,468,556.00
9/2/2014	Sell	45,000	$61.66	$2,774,700.00
8/7/2014	Sell	151,400	$56.11	$8,495,054.00
7/23/2014	Sell	50,000	$58.31	$2,915,500.00
7/22/2014	Sell	50,000	$59.18	$2,959,000.00
7/21/2014	Sell	50,000	$58.28	$2,914,000.00
6/11/2014	Sell	45,000	$56.81	$2,556,450.00
6/5/2014	Sell	151,400	$51.23	$7,756,222.00
11/4/2013	Sell	147,000	$53.84	$7,914,480.00
10/1/2013	Sell	162,000	$51.75	$8,383,500.00
9/3/2013	Sell	162,000	$47.20	$7,646,400.00
8/1/2013	Sell	85,000	$44.79	$3,807,150.00
5/21/2013	Sell	122,855	$39.89	$4,900,685.95
5/8/2013	Sell	127,145	$39.74	$5,052,742.30
2/14/2013	Sell	10,000	$31.23	$312,300.00
2/1/2013	Sell	455,000	$27.31	$12,426,050.00

See Full Table

Frederic B. Luddy Buying and Selling Activity at ServiceNow

ServiceNow Company Overview

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools. It also provides asset management, cloud observability, integrated risk management; information technology (IT) service management applications; IT service management product suite for enterprise's employees, customers, and partners; strategic portfolio management product suite; IT operations management product that connects a customer's physical and cloud-based IT infrastructure; IT asset management; and security operations that connects with internal and third party. In addition, the company offers integrated risk management product to manage risk and resilience; environmental, social and governance management product; human resources, legal, and workplace service delivery products; customer service management product; and field service management applications. Further, the company provides app engine product; automation engine; platform privacy and security product; and source-to-pay operations. It serves to government, financial services, healthcare, telecommunications, manufacturing, IT services, technology, oil and gas, education, and consumer products through service providers and resale partners. The company was formerly known as Service-now.com and changed its name to ServiceNow, Inc. in May 2012. ServiceNow, Inc. was founded in 2004 and is headquartered in Santa Clara, California.

Today's Range

Now: $796.61

$789.53

$821.01

50 Day Range

MA: $950.30

$781.60

$1,171.00

2 Week Range

Now: $796.61

$637.99

$1,198.09

Volume

1,758,174 shs

Average Volume

1,408,303 shs

Market Capitalization

$164.10 billion

P/E Ratio

116.63

Dividend Yield

N/A

Beta

1.03

Frederic Luddy Biography and Net Worth

What is Frederic B. Luddy's net worth?

How old is Frederic B. Luddy?

What is Frederic B. Luddy's salary?

How do I contact Frederic B. Luddy?

Has Frederic B. Luddy been buying or selling shares of ServiceNow?

Who are ServiceNow's active insiders?

Are insiders buying or selling shares of ServiceNow?