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Bill McDermott

Bill McDermott

CEO of ServiceNow

Appears in 2 stories

Born: 1961 (age 64 years), New York, NY
Education: Dowling College, Northwestern University, University of Pennsylvania, and more
Spouse: Julie McDermott
Books: Winners Dream: A Journey from Corner Store to Corner Office
Parents: Kathleen McDermott and Bill McDermott

Notable Quotes

"ServiceNow will have the only AI control tower that drives workflow, action and business outcomes across all of these environments. We see a trillion dollar company with ServiceNow." —On Armis acquisition, December 2025

Stories

ServiceNow’s 5-for-1 stock split hits its record date, setting up a lower-priced ‘reset’ for trading

Money Moves

Leading ServiceNow through stock split execution and $7.75B Armis acquisition—largest deal in company history

ServiceNow's 5-for-1 stock split executed on schedule: shares distributed after market close December 17, split-adjusted trading began December 18. The mechanical transition was clean—one $850 share became five $170 shares—but the 'fresh start' narrative got drowned out almost immediately by deal noise and analyst skepticism.

Updated 14 hours ago

The race to build the security operating system

Money Moves

Leading $11.6 billion acquisition spree in 2025, contract extended to 2030

ServiceNow just agreed to pay $7.75 billion in cash for Armis, a cybersecurity startup that tracks vulnerabilities across hospital medical devices, factory equipment, and corporate networks. It's ServiceNow's largest acquisition ever—and its third billion-dollar security buy in 2025 alone. CEO Bill McDermott calls it building an "AI control tower" for cybersecurity. Wall Street calls it a land grab.

Updated Dec 27, 2025