You are now leaving Silicon Valley Bank (SVB). [3] The banks main strategy was collecting deposits from businesses financed through venture capital. Eric Branderiz has served on Fortives Board of Directors since 2023. 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? To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. They have led companies as CEOs, presidents, chief operating officers and chief financial officers at a diverse range of companies in sectors including high-tech manufacturing, asset management, consumer products, professional services and transportation. Mr. Lico joined Danaher in 1996 as Vice President Operations of Veeder-Root in Altoona, Pennsylvania, and was tapped for roles of increasing responsibility before being appointed Danaher Executive Vice President and member of the Danaher Office of the Chief Executive. Member FDIC, Paycheck Protection Program Loan Forgiveness. Find high paying available jobs at Silicon Valley Bank.For expert network information on Silicon Valley Bank compensation and careers, use Ladders $100K + Club. 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 . She is a veteran in public policy having served in both the public and private sector over her 20-year career. SVB Financial Group and Silicon Valley Bank, Investor News: SVB Financial Group Announces 2022 Fourth Quarter Financial Results. 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. For the last 22 years, Jim Hori has held leadership positions at the Silicon Valley Bank, most recently as Managing Director, in tandem with 19 years as the President of the Silicon Valley Bank Foundation. It broke me: Everyone says you need power of attorney, but nobody tells you how hard it is to use, What's next for bonds in 2023 after the worst year in history. In addition to his prior leadership role at Polaris Partners, Mr. Spoon previously served as president, chief operating officer and chief financial officer of one of the countrys largest, publicly-traded education and media companies. Providing first-class operational support, curated events and programming, and access to a diverse network of sponsors, LabCentral prepares entrepreneurs and scientists to accelerate scientific innovation in service of human health. Why stop now? Our bankers have years of real-world experience to provide guidance across a number of industries. 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. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: SIVB). Prior to joining ITC Holdings Corp., Mr. Hayes held strategy and financial leadership roles for Exelon Corporation, Lazard Freres & Co., and Banc of America Securities. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Cope. Prior to joining CommonSpirit Health in 2022, Mr. Lassiter was the President and CEO of Henry Ford Health System from 2014 to 2022 and the CEO of Alameda Health System in Oakland, California, from 2005 to 2014. Mr. Spoon's public and private company leadership experience gives him insight into business strategy, leadership, marketing, finance, corporate governance, executive compensation and board management. In this role the incumbent will define, enhance and rollout a process that enables new functionality to be rolled out. Since 2017, Mr. Hayes has served as Executive Vice President and Chief Financial Officer of CMS Energy Corporation (NYSE: CMS), a publicly traded electric and natural gas company. Youth participants, members, staff, volunteers, and the greater community are all welcome. All rights reserved. Need better mental health benefits and access, Were working for something bigger. 4. The estimated additional pay is $212,716 per year. Last week, Ajay Bhutoria, an Indian-American community leader and entrepreneur, hosted a roundtable dinner discussion in Silicon Valley, on the topic of strengthening the US-India relationship . SVB Financial Group (SVB) is the holding company for all business units and groups. Salary information comes from 2 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Darryl White. [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. Kate D. Mitchell has served on Fortives Board of Directors since 2016. Silicon Valley Bank insights Based on 53 survey responses What people like Time and location flexibility Fair pay for job Areas for improvement Support from manager Energizing work tasks Trust in colleagues Excellent place to work Relationship Advisor Support (Former Employee) - Tempe, AZ - February 24, 2023 SVB is the greatest place to work. What happens to my Social Security benefit if my husband dies? [8], In 2000, SVB opened a branch in Florida. "The LabCentral Ignite program spotlights often overlooked communities in biotech and life sciences and creates opportunities to foster a culture of inclusion in the industry.". Learn more at svb.com. Chairman of the Board (August 2011 - December 2017) . SVB He will remain in his current role through the 2022 annual shareholder meeting. Chair of the Board, SVB Financial Group and Silicon Valley Bank; Former Vice Chair of EY Americas and Partner, Ernst & Young, President & CEO, SVB Financial Group; CEO, Silicon Valley Bank, Chairman and Chief Executive Officer, Benhamou Global Ventures. [3], By the mid-1990s, the bank had provided early venture capital to Cisco Systems and Bay Networks. 5 Ways Founders are rethinking their burn rate in 2023 | Silicon Valley Bank. BY USING THIS WEBSITE, YOU ACKNOWLEDGE THAT YOU HAVE READ AND UNDERSTAND THE TERMS OF USEAND ACCEPT AND AGREE TO BE BOUND AND ABIDE BY THESE TERMS AND OUR PRIVACY POLICY. Silicon Valley Bank (SIVB) News Board N-1 N-2 CEO Gregory Becker CEO @ SVB Financial Group Move Chairman of the Board Kay Matthews Chairman of the Board @ SVB Financial Group Move Director Eric Benhamou Director @ SVB Financial Group Move Director Elizabeth Burr Director @ SVB Financial Group Move Director Richard Daniels In 1990, the bank opened its first office on the East Coast, near Boston. Laura will lead our HR team, enabling our workforce to serve the financial needs of the global innovation economy. Copyright 2023 MarketWatch, Inc. All rights reserved. United States. The estimated total pay for a Director at Silicon Valley Bank is $406,062 per year. Silicon Valley Bank. Additional pay could include bonus, stock, commission, profit sharing or tips. 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 UK Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Firm Reference Number 543146). Just a little more to complete our client form no need to re-fill anything youve already provided. Sector Head Credit Solutions, Silicon Valley Bank, Manager - Government Relations, Sutter Health, Chief Financial Officer and Chief Operating Officer, Ayar Labs, Consultant; Retired Executive, Sun Microystems, Vice President of Alumni Affairs, Duke University, Executive Director, Center of Innovation at Foothill College, Chief of Staff and Operational Excellence Leader - Device Operations and Supply Chain, Amazon, Director of Public Policy & Communications, Destination: Home, Partner, Wilson Sonsini Goodrich & Rosati, Head of Risk & Governance - People Operations, Google, Law Enforcement Executive Coach; Retired Chief of Police, Los Gatos/Monte Sereno Police Department, CEO, Foundations - Sutter Health Bay Area, BY USING THIS WEBSITE, YOU ACKNOWLEDGE THAT YOU HAVE READ AND UNDERSTAND THE. [5] In 1993, the bank's founding CEO, Roger V. Smith, was replaced by John C. Dean; Smith became Vice Chairman of the bank. Ms. Mitchells qualifications include, among other factors, extensive experience in the technology industry as well experience in the areas of business management and operations, finance and executive compensation. Our Board of Directors. Silicon Valley Bank is delighted to continue supporting the fantastic team at One Peak with a 270m bilateral credit facility to Fund III. Youre more than half-way done with our client form. [3] In 1995, the bank moved its headquarters from San Jose to Santa Clara. 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. ("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, Silicon Valley Bank Leads Group of Sponsors Funding LabCentral Ignite Programs to Support Underrepresented Life Sciences Entrepreneurs, Feb 23, 2023 (PRNewswire via COMTEX) -- Managing Director, Portfolio Companies Les Ottolenghi. Shareholders and other parties interested in communicating directly with the Board or with individual directors or the non-management or independent directors as a group may do so by addressing communications to the Board, to the specified individual director or to the non-management or independent directors, as applicable, c/o Corporate Secretary, Fortive Corporation, 6920 Seaway Blvd, Everett, WA 98203. [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. Lee Alexander. Ms. Sargent is also a director and an audit committee member of Synopsys, Inc., a publicly-traded electronic design automation company, and the lead independent director and chair of the nominating and governance committee of Proterra Inc., a commercial vehicle electrification technology company. In 1988, the bank completed its IPO, raising $6 million. Your input helps Glassdoor refine our pay estimates over time. After submitting your request, you will receive an activation email to the requested email address. [10], In December 2008, SVB Financial received a $235 million investment from the U.S. Treasury through the Troubled Asset Relief Program. Mr. Comas served as Executive Vice President of Danaher Corporation from April 2005 through December 2020, including as Chief Financial Officer through December 2018. FollowCareCloudonLinkedIn,TwitterandFacebook. Ms. Sargent was also a director at Cypress Semiconductor Corp. from 2017 to 2020, serving on the compensation and nominating and governance committees. He spent 22 years with The PMI Group, a provider of credit enhancement to facilitate . Chairman of the Board. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. SVB research, blogs and webinars to give your business crucial advantages in decision-making. 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. Candidates will be reviewed based on the quality and potential impact of their science along with other standard selection criteria. Stride's leadership team & board of directors is comprised of a diverse group of individuals. Events. The Bank of New York Mellon Corporation (BNY Mellon), a financial services corporation. Kostas Georgakopoulos, Global CTO & CISO, Mondelez International . Setting general company goals. We welcome Kay, her leadership and her deep innovation sector experience to this new role at a time when our business and the innovation economy remain on a rapid growth trajectory, said Becker. SVB, founded in 1983 and headquartered in Santa Clara, California, specializes in the high-tech clients and reported $56 billion in assets for its most recent quarter. SF Business Times & Silicon Valley Business Journal. SJ Chamber Calendar Community Calendar . For over 35 years, SVB has helped businesses grow and thrive across the innovation economy. Our bankers have years of real-world experience to provide guidance across a number of industries. [9] Following the crash of the dot-com bubble, the bank's stock dropped 50%. Register for upcoming live webinars and access recorded webinars to learn about the latest trends for your business and industry. [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. Our clients have redefined . The Palo Alto office opened in 1985. Gavin Newsom announced his budget proposal, which includes a drastic $2 billion cut from public transit projects in the state. CareClouds revolving line of credit from Silicon Valley Bank provides up to $25 million of capital to be used for growth and general corporate purposes. 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. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. SVCF staff are dedicated to providing excellent partnership and customer service to donors, nonprofits and community partners, so that together we can create a more equitable Silicon Valley where everyone can thrive. Learn more atsvb.com. 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. document.write(Year); 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. Mr. Branderiz is a Certified Public Accountant in California and received his bachelors degree from the University of Alberta. We appreciate Silicon Valley Banks partnership and belief in our business model.. Complete your banking transactions with ease and security. We know filling in forms can be a pain, but we promise it wont take too long. Matthews is also a member of the Compensation & Human Capital Committee and Risk Committee. He is also on Advent's advisory board and serves on the boards of two Advent-invested companies - Dixcy Textiles and . Prior to joining SunPower, Mr. Branderiz served in various senior roles with Knowledge Learning Corporation, Spansion, Inc. and Advanced Micro Devices. Jan Babiak. The MarketWatch News Department was not involved in the creation of this content. Prior to joining Flex, Ms. Sargent served as the chief executive officer at Oerlikon Solar, a thin-film silicon solar photovoltaic module manufacturer and a wholly owned subsidiary of Oerlikon, a publicly-traded Swiss company, and Voyan Technology, an embedded systems software provider. SVB's values guide our actions, from our approach to supporting small businesses to community engagement to our ESG reporting. George A. Mr. Lempres was an executive in residence at venture capital firm Andreessen Horowitz. [14] In 2006, the bank also ceased its investment banking activities, launched after the 2001 dotcom crash. I am personally grateful for his leadership and join our board and employees in wishing him well.. To complete our client form, you can pick up exactly where you left off. LabCentral is a network of laboratory spaces and scientific communities, purposed designed to jumpstart the launch of promising early-stage life-sciences companies. In addition, Ms. Sargent has significant experience with development and global launch of disruptive technology, executing investment and acquisition strategies, corporate governance, cybersecurity, sustainable innovation and executive compensation. Roy Vallee has been a member of our Board of Directors since February 2003. Board of Directors Board of Directors In this Section Ira Robbins Chief Executive Officer of Valley National Bancorp and Valley National Bank, Chairman of the Board Avner Mendelson Vice Chairman of the Board, Former President and CEO of Bank Leumi USA Andrew B. Abramson