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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

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, while Wall Street calls it a land grab.

Updated 1 hour ago

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 Yesterday