SVB Hires Laura Cushing as Chief Human Resources Officer, Get started with your Free Employer Profile, average salary for a Director is $129,368 per year in United States, The Ultimate Job Interview Preparation Guide. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. These positions will require deep subject matter expertise in one or more of the Silicon Valley Bank business unit listed above, as well as broad knowledge of private, investment, and consumer banking products and services, as well as related national and international regulations. In January, Gov. Mr. Lassiter is currently CEO of CommonSpirit Health, a nonprofit, Catholic health system operating over 140 hospitals and over 1,500 care sites across 21 states. [22], The company focuses on lending to technology companies, providing multiple services to venture capital, revenue-based financing and private equity firms that invest in technology and biotechnology, and also on private banking services for high-net-worth individuals, in its home market in Silicon Valley. Jeannine P. Sargent has served on Fortives Board of Directors since 2019. Mr. Branderiz previously served as the Executive Vice President and Chief Financial Officer of Enphase Energy, Inc., a publicly traded semiconductor and renewable energy technology company, from 2018 through 2022. Our team is filled with talented, caring individuals who believe we can end hunger in Silicon Valley. Silicon Valley Bank Aug 2020- Present2 years 8 months Palo Alto, California, United States Have joined SVB's venture capital arm, SVB Capital, as Managing Partner to lead the firm's new Life. SVB Financial Groups businesses, including Silicon Valley Bank, offer commercial, investment and private banking, asset management, private wealth management, brokerage and investment services and funds management services to companies in the technology, life science and healthcare, private equity and venture capital, and premium wine industries. Silicon Valley Bank 4 years 2 months Managing Director, Technology Banking Mar 2022 - Present1 year Toronto, Ontario, Canada Director, Technology Banking Jul 2019 - Mar 20222 years 9. Congratulations to Silicon Valley, industrial region around the southern shores of San Francisco Bay, California, U.S., with its intellectual centre at Palo Alto, home of Stanford University. You can also contact MarketWatch Customer Service via our Customer Center. [18], In November 2012, the bank announced a 50-50 joint venture with Shanghai Pudong Development Bank (SPDB) to provide capital to start-up technology entrepreneurs. [3] From March 1999 to March 2000, SVB's stock value soared from $20 to $70. [8], In 2000, SVB opened a branch in Florida. [2], Silicon Valley Bank (SVB) was founded in 1982 by Bill Biggerstaff and Robert Medearis over a poker game. I am personally grateful for his leadership and join our board and employees in wishing him well.. Jed York Chair | San Francisco 49ers Ahmad Thomas CEO | Silicon Valley Leadership Group Eric S. Yuan Vice Chair | Zoom Video Communications James Gutierrez Vice Chair | Luva Greg Becker As a child, her family was frequently "adopted" by stray cats and dogs. Mr. Spoon serves as the Chairman of the Board. Karla joined the YMCA of Silicon Valleys Human Resources team in 2016 following 13 years at YMCA of the Triangle in Raleigh, North Carolina. What happens to my Social Security benefit if my husband dies? [15] The U.S. Treasury received $10 million in dividends from Silicon Valley Bank and, in December 2009, the bank repurchased the outstanding stock and warrants held by the government, funding this through a stock sale of $300 million. Learn more atsvb.com. Eric Branderiz has served on Fortive's Board of Directors since 2023. SF Business Times & Silicon Valley Business Journal. Our Board of Directors. first assistant director (1 episode, 2016) Terrence B. Zinn . Board of Directors - Analog Devices Board of Directors Ray Stata Co-founder and Board Member Vincent Roche Chief Executive Officer and Chair of the Board of Directors Andr Andonian Chief Executive Officer of Andonian Advisory Pte. Silicon Valley Bank is delighted to continue supporting the fantastic team at One Peak with a 270m bilateral credit facility to Fund III. Silicon Valley Bank is an American commercial bank. They are hard-working, forward-thinking people, dedicated to our mission of advocating for making Silicon Valley a better place to live, work and play. "As Ignite enters our third year, we remain dedicated to amplifying the voices and expanding opportunities for those who have historically been excluded from this industry so they can focus on changing the world through groundbreaking science. Im 66, we have more than $2 million, I just want to golf can I retire? Enter a query in the search input above, and results will be displayed as you type. Be sure to check out the latest BBC News #CEOSecrets installment featuring Silicon Valley Bank's CEO, Greg Becker. Leslie brings 20 years of experience building and scaling customer acquisition and revenue, for both complex matrixed Fortune500 companies, as well as new startups. In the same year they opened another office in San Jose. Board member John Clendening will step off SVBs board at the end of this term. Sharmistha Dubey has served on Fortive's Board of Directors since 2020. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Chairman of the Board (August 2011 - December 2017) . Sara was a non-executive director of Lloyds Banking Group from February 2012 to May 2021 and United Utilities Group from March 2012 to July 2020. During his tenure, the foundation has substantially grown its financial impact within the community, and Jim has been recognized twice with both the Presidents Award and the Community Service Award. More information is available at www.labcentral.org. [14], The bank is the largest bank in Silicon Valley in terms of deposits, with a 25.9% market share as of June 30, 2016.[25]. He comes on board as an independent non-executive director and joins the current senior representatives from Singapore-based investor Temasek and International Finance Corporation (IFC). With over 42 years of YMCA leadership experience, Mary is committed to community partnerships; truly believing working together creates lasting change. All rights reserved. 2022YMCA OF SILICON VALLEY|The YMCA is a 501(c)(3) not-for-profit social services organization dedicated to Youth Development, Healthy Living, and Social Responsibility. Eric Branderiz has served on Fortives Board of Directors since 2023. Let SVB experts help your business with the right mix of products, services and strategic advice. Board of Directors SVB Financial Group and Silicon Valley Bank Kay Matthews Chair of the Board, SVB Financial Group and Silicon Valley Bank; Former Vice Chair of EY Americas and Partner, Ernst & Young Greg Becker President & CEO, SVB Financial Group; CEO, Silicon Valley Bank Eric A. Benhamou SVB Financial Group is the holding company for all business units and groups 2022 SVB Financial Group. It is a subsidiary of SVB Financial Group. About SVB: Silicon Valley Bank is the most sought-after financial partner in the global innovation economy. [23][24][1] In addition to taking deposits and making loans, the bank operates venture capital and private equity divisions that sometimes invest in the firm's commercial banking clients. You can sign up for additional alert options at any time. Silicon Valley includes northwestern Santa Clara county as far inland as San Jose, as well as the southern bay regions of Alameda and San Mateo counties. Member of the Audit Committee. In addition, Mr. Lassiter is a director of Quest Diagnostics, a publicly traded diagnostic information services company, as well as a member of its Audit and Finance Committee and its Quality and Compliance Committee, and the lead independent director of DT Midstream, a publicly traded energy company, as well as the chair of its Corporate Governance Committee, a member of its Environmental, Social and Governance Committee, and a member of its Organization and Compensation Committee. SANTA CLARA, Calif. February 25, 2022 SVB Financial Group (SVB), financial partner to the innovation economy, today announced that Roger Dunbar will retire from his role as the Chairman of the Board on April 21, 2022, after a decade in the position. Board of Directors Michael Lempres Chairman of the board Mr. Lempres has been Chairman of the Board of Silvergate Capital Corporation and its wholly-owned subsidiary, Silvergate Bank, since June 2021. in Finance. [5], In 1992, the bank was hit by the real estate burst (50% of the bank's assets) and recorded a $2.2 million yearly loss. To complete our client form, you can pick up exactly where you left off. [16], In April 2011, Ken Wilcox, who had been CEO since 2000, left the CEO position, while remaining Chairman of the Board; he was replaced by Greg Becker as CEO. Candidates will be reviewed based on the quality and potential impact of their science along with other standard selection criteria. As CMS Energys Chief Financial Officer, Mr. Hayes oversees all treasury, tax, investor relations, accounting, financial planning and analysis, internal audit services, supply chain, facilities, fleet, corporate safety, and mergers and acquisitions for CMS Energy Corporation. Find anything about our product, search our documentation, and more. In addition, Mr. Spoon previously served as a director of Cable One, Inc., a public company, until February 2021. [10], In December 2008, SVB Financial received a $235 million investment from the U.S. Treasury through the Troubled Asset Relief Program. Apr 2016 - Present6 years 11 months. [8] In 1999, the company was reincorporated in Delaware. The estimated base pay is $193,346 per year. Our organizational structure reflects our large scope and mission. Prior to joining CMS Energy Corporation, Mr. Hayes served as the Chief Financial Officer of ITC Holdings Corp, a publicly traded electric transmission company, from 2014 to 2016 and as its Vice President, Finance and Treasurer from 2012 to 2014. Darryl White. The responsibilities of the Chairman of the Board include setting the agenda for each board meeting, in consultation with the Chief Executive Officer; chairing the meetings of directors and meetings of independent directors; and facilitating and conducting, with the Nominating and Governance Committee, the annual self-assessments by the Board and each standing committee of the Board. In 2006, the bank began operations in the UK and opened its first branch there in 2012. Sheryl has over 25 years of progressive financial management and leadership experience. Rejji P. Hayes has served on Fortives Board of Directors since 2020. [20] According to the bank itself, in 2015 SVB was catering banking and financial services to 65% of all startups. Just a little more to complete our client form no need to re-fill anything youve already provided. Our strong board oversight enables us to pursue ambitious goals as we serve the worlds most innovative companies and their investors. Jan Babiak. Silicon Valley Bank is delighted to continue supporting the fantastic team at One Peak with a 270m bilateral credit facility to Fund III. The Otis Board of Directors is comprised of deeply experienced executives. Laura will lead our HR team, enabling our workforce to serve the financial needs of the global innovation economy. 3. CareCloud (Nasdaq: CCLD, CCLDP, CCLDO) brings disciplined innovation to the business of healthcare. She worked in State Government as Governor Schwarzenegger's Deputy Director of External Affairs and Communications, and prior to that she served as the Chief of Staff to the . Our Board of Directors come to us from some of the most innovative companies in the world. With global commercial banking services, Silicon Valley Bank helps address the unique needs of its dynamic, fast-growing, innovative clients. Former President and Chief Commercial Officer, Carrot, Inc. Former Executive Vice President and Chief Information Officer, Kaiser Permanente, Co-Founder and Managing Partner, Fifth Era, Former President, Business Process Outsourcing, Accenture, Former Chief Executive Officer of Investment Banking at Barclays, Former Under Secretary for Domestic Finance, U.S. Department of Treasury, Co-Founder and Managing Partner, Scale Venture Partners. Kostas Georgakopoulos, Global CTO & CISO, Mondelez International . The average salary for a Director is $129,368 per year in United States, which is 68% lower than the average Silicon Valley Bank salary of $406,062 per year for this job. The estimated total pay for a Director at Silicon Valley Bank is $406,062 per year. LabCentral is a network of laboratory spaces and scientific communities, purposed designed to jumpstart the launch of promising early-stage life-sciences companies. Youth participants, members, staff, volunteers, and the greater community are all welcome. Clendening, former CEO of Blucora, Inc. and senior executive at Charles Schwab, will also be stepping off the board to focus on launching NoHo Financial, Inc., a new financial technology company where he is founding CEO. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Dunbar joined SVB's board of directors in 2004 and was an advisory board member since 2000. Get a free, personalized salary estimate based on today's job market. Todays increase in our credit line positions us for further growth, as we launch new services and lead the industry in the adoption of digital healthcare technology. TiE Angels is one of the largest and most active angel groups in Silicon Valley. ("Ned") KellyFormer Chairman, Institutional Clients Group, Citigroup, Inc.Chair of the Compensation and Human Resources Committee and Member of the Nominating and Corporate Governance Committee, Robert G. LearyFormer Chief Executive Officer, Olayan GroupMember of the Audit Committee and Risk Committee, Terrance J. LillisRetired Chief Financial Officer, Principal Financial Group, Inc.Member of the Audit Committee and Nominating and Corporate Governance Committee, Michele N. SiekerkaPresident and Chief Executive Officer, New Jersey Business and Industry AssociationMember of the Compensation and Human Resources Committee, Shivan S. Subramaniam (Lead Director)Retired Chairman and Chief Executive Officer, Factory Mutual Insurance CompanyChair of the Nominating and Corporate Governance Committee, Member of the Compensation and Human Resources Committee and Executive Committee, Christopher J. SwiftChairman and Chief Executive Officer, The Hartford Financial Services Group, Inc.,Member of the Risk Committee, Wendy A. WatsonRetired Executive Vice President, Global Services, State Street Bank & Trust CompanyChair of the Audit Committee, Member of the Risk Committee and Compensation and Human Resources Committee, Marita ZuraitisDirector, President and CEO, Horace Mann Educators CorporationMember of the Nominating and Corporate Governance Committee and Risk Committee, All rights reserved. Sara's previous roles include managing director of Argos and various senior positions at J Sainsbury, including deputy managing director and serving on its board between 2002 and 2004. [3] The bank's main strategy was collecting deposits from businesses financed through venture capital. Prior to joining Enphase, Mr. Branderiz served as Vice President, Chief Accounting Officer and Corporate Controller of Tesla, Inc., an automotive and renewable energy company, from 2016 to 2018 and in various senior roles, including as a Senior Vice President, Chief Accounting Officer and Corporate Controller of SunPower Corporation, from 2010 to 2016. Find high paying available jobs at Silicon Valley Bank.For expert network information on Silicon Valley Bank compensation and careers, use Ladders $100K + Club. Dan Rosensweig, a longtime Silicon Valley executive and CEO of learning platform Chegg is joining the edtech unicorn upGrad's Board of Directors. 4. In addition to his deep knowledge and experience with innovation and disruptive technology, hypergrowth, as well as deep experience with the sustainable energy and semiconductor sectors, Mr. Branderiz brings extensive expertise in financial operations, accounting and financial reporting, mergers & acquisitions, capital markets, risk management, legal operations, ESG and corporate governance. SVB is not responsible for (and does not provide) any products, services or content at the third party site or app, except for products and services that carry the SVB name. Member FDIC, Paycheck Protection Program Loan Forgiveness. Our clients define what comes next. Clendening joined the board in 2017 and is a member of the Compensation & Human Capital Committee and Credit Committee. His public company and private equity experience gives him insight into trends in the internet and technology industries, acquisition strategy, and financing, each of which represents an area of key strategic opportunity for Fortive. Directors sit on committees that specialize in key areas: audit and conduct review, governance and nominating, human resources, and risk review. Mr. Lassiter has extensive executive experience in leading-edge health services as well as executive management experience in innovation, strategic planning and execution, governance, finance, and community service. Youre more than half-way done with our client form. Executive Office Executive Office Nicole Taylor President and Chief Executive Officer Gihani Fernando Vice President, Strategy and Board Affairs Marc Philpart Executive Director, California Black Freedom Fund Therese Wilson Executive Vice President and Chief of Staff Gina D. Dalma Executive Vice President, Community Action, Policy, and Strategy Related Searches:All Director Salaries|All Silicon Valley Bank Salaries. During the pandemic, federal relief money allowed . The estimated additional pay is $212,716 per year. Why stop now? His long-term dedication and deep understanding of our clients and our mission helped drive our unmatched growth over the last two decades. We bring together entrepreneurs, investors, ventures capitalists, and private equity firms to move their bold ideas forward, fast. Learn about startup burn rate and reducing business spend for success. The estimated total pay for a Director at Silicon Valley Bank is $406,062 per year. Input your search keywords and press Enter. Lee Alexander. Silicon Valley Bank operates in centers of innovation around the world and is one of SVBs core businesses with SVB Capital, SVB Private and SVB Securities. Register for upcoming live webinars and access recorded webinars to learn about the latest trends for your business and industry. American Red Cross of the Silicon Valley Get Directions 2731 North 1st St. San Jose, CA 95134 Phone: (877) 727-6771 Email: SVCadmin@redcross.org Leadership and Board of Directors Ken Toren, Chapter CEO Board of Directors Our Mission in Action Annual and impact reports Fiscal Year 2022 Fiscal Year 2021 Fiscal Year 2019 Do You Need Assistance? Alan G. Spoon has served as Fortives Chairman of the Board since 2016. Currently he leads the execution of integrated programs across marketing strategy, member acquisition, and association communication. A select number of finalists will receive access to coaching and will be invited to present at a pitch event in September during Global Biotech Week, which draws industry professionals and investors to life sciences events around the world. Foothill-De Anza Community College District. Find anything about our product, search our documentation, and more. He serves as a member of the Board of Directors of Netscout Systems, a publicly traded network technology company headquartered in Boston, Massachusetts.