He spent 22 years with The PMI Group, a provider of credit enhancement to facilitate . Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Ms. Sargent was also a director at Cypress Semiconductor Corp. from 2017 to 2020, serving on the compensation and nominating and governance committees. 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. 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. 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. [10], In March 2017, Michael R. Descheneaux was named president of the company. Silicon Valley Bank is an American commercial bank. 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. Register for upcoming live webinars and access recorded webinars to learn about the latest trends for your business and industry. Silicon Valley Bank hiring IT Process Manager in Bengaluru, Karnataka Complete your banking transactions with ease and security. Congratulations to [6] Smith left in 1994 to launch the Smith Venture Group. Board of Directors | MetLife var Year = new Date(); Co-Founder, Silicon Valley Women's CIO Council; Independent Director, Paradox; Former Co-chair, Board of Directors, Long Term Services of Ventura . Christine M. Cumming. He cofounded a Silicon Valley medical device startup, was part of the pre-initial public offering team of a technology start-up, and worked as a scientist for several years with . Learn about startup burn rate and reducing business spend for success. Its first office opened in 1983 on North First Street in San Jose. 04/16 to 03/18 - Strategy Director, EMEA Relationship Banking. . Corporate Governance | Board of Directors - BMO Silicon Valley Bank Associate Development Program - July 2023 Cohort (New York) New York, NY 30d+ $65K-$101K Per Year (Glassdoor est.) 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. Through direct experience with the Y as a member and Project Cornerstone volunteer, she has seen the effects of Y programs on local youth and families, and is excited to work with the community to expand and deepen the Y impact throughout Silicon Valley. Copyright 2023 MarketWatch, Inc. All rights reserved. For more information about SVB, visitwww.svb.com. During the pandemic, federal relief money allowed . This special corporate sponsor spotlight features Barry O'Brien, Managing director within Silicon Valley Bank (SVB)'s Venture Campital and Private Equity Group in San Jose, California. Board of Directors | Silvergate Bank | San Diego Maria Flyvbjerg Bo - Director - Silicon Valley Bank | LinkedIn Mr. Comas currently serves as an advisor to Danaher and is an adjunct professor at Georgetown University. 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. Hiring and firing of senior executives (especially the CEO) Establishing compensation for executives. Our bankers have years of real-world experience to provide guidance across a number of industries. "At Silicon Valley Bank, we know that diverse perspectives and inclusive environments ignite new ideas and power innovation," said Anton Xavier, Director, SVB Startup Banking. As a child, her family was frequently "adopted" by stray cats and dogs. Karla joined the YMCA of Silicon Valleys Human Resources team in 2016 following 13 years at YMCA of the Triangle in Raleigh, North Carolina. Board member John Clendening will step off SVBs board at the end of this term. [20] According to the bank itself, in 2015 SVB was catering banking and financial services to 65% of all startups. Currently he leads the execution of integrated programs across marketing strategy, member acquisition, and association communication. Eric Branderiz has served on Fortives Board of Directors since 2023. Its name is derived from the dense concentration of electronics and . [19] In July 2015, the joint venture was granted approval by the China Bank Regulatory Commission (CBRC) to operate in renminbi (RMB), the official currency of the Peoples Republic of China. FY 2023 BOARD OFFICERS Melissa Hollatz, president / community leader Elizabeth pipkin, PAST PRESIDENT / Mcmanis Faulkner ERIK OLSON, TREASURER / MORRISON & FOERSTER LLP Catherine Zinn, SECRETARY / Baker botts l.l.p. [5] In 1993, the bank's founding CEO, Roger V. Smith, was replaced by John C. Dean; Smith became Vice Chairman of the bank. Mr. Lassiter is also the chair of The American Hospital Association (AHA) Board of Trustees, serving as the top-elected official of the AHA Board, a national organization that represents Americas hospitals and health systems to advance health in America. About SVB Financial GroupSVB Financial Group (NASDAQ: SIVB) and its subsidiaries help innovative companies and their investors move bold ideas forward, fast. She has spent her entire career working in the nonprofit sector for mission driven human and social service organizations with multiple sites throughout California that consist of diverse and complex funding streams. CIO Leadership: Fostering Innovation in a Challenging Economy Will [11], In 2004, the bank opened international subsidiaries in Bangalore, India, and London. Alex Harvey - Strategy and Operational Leadership roles - Silicon Silicon Valley Bank is delighted to continue supporting the fantastic Member Directory Contact Us Our CEO Meet The Team Board of Directors Ambassadors. Mary is passionate about the programmatic magic found in the intersection between youth development, education and healthy living creating impact for all members of our community. You will be directed to a different website or mobile app that has its own terms of use, visitor agreement, security and privacy policies. Roy Vallee has been a member of our Board of Directors since February 2003. John M. Jelavich is the President and Chief Executive Officer of River Valley Community Bank. US state department deputy assistant secretary makes important visa in Finance. We know filling in forms can be a pain, but we promise it wont take too long. Visit a quote page and your recently viewed tickers will be displayed here. Laura will lead our HR team, enabling our workforce to serve the financial needs of the global innovation economy. Some related job titles areAssociate Director salaries with median pay of $138,207,Managing Director salaries with median pay of $333,006,IT Director salaries with median pay of $251,455,Director of Operations salaries with median pay of $152,356. var yyyy = Year.getFullYear(); This license allows the joint venture to provide banking products and services to its clients in local Chinese currency. 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. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Through a range of equity-driven programs and a growing member network of industry, startups, higher education, and nonprofits, Ignite connects underrepresented students, talent and innovators to academic, technical skills-building, mentoring, job placement, and board and leadership preparation opportunities that fuel biotech diversity and inclusively transform careers. In addition to their banking, legal, accounting, and healthcare consulting expertise for the life sciences industry, the financial contribution from these sponsors will support Ignite's entrepreneur programming, such as the LabCentral Ignite Golden Ticket competition and the accompanying Ignite Fellowship. His passion for leadership, wellness and the broader community draws him to this role at the Y. He will remain in his current role through the 2022 annual shareholder meeting. Mr. Anderson was a Senior Advisor to Patterson Companies, Inc. (Nasdaq: PDCO) from June 2017 to June 2019. 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. You will be directed to a different website or mobile app that has its own terms of use, visitor agreement, security and privacy policies. Contact the source provider Comtex at editorial@comtex.com. 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. . In 1990, the bank opened its first office on the East Coast, near Boston. [9] Following the crash of the dot-com bubble, the bank's stock dropped 50%. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: SIVB). Audit Committee, Nominating and Governance Committee. Karlas expertise includes policy design, compensation, performance management, recruiting, compliance reporting, HRIS implementations, HR workflow development, and benefits administration. SOMERSET, N.J., Feb. 21, 2023 (GLOBE NEWSWIRE) CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced that Silicon Valley Bank (NASDAQ: SIVB), the bank of the worlds most innovative companies and their investors, has increased its secured line of credit to $25 million to support future growth. Leadership | YMCA Silicon Valley - ymcasv.org Erin brings almost 20 years of success leading teams and strategic development initiatives for organizations including the Alzheimers Association, Habitat for Humanity, and Second Harvest. Silicon Valley Bank is delighted to continue supporting the fantastic team at One Peak with a 270m bilateral credit facility to Fund III. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Need better mental health benefits and access, Were working for something bigger. SVB helps address the unique needs of entrepreneurs, innovative companies and investors in the technology and life science sectors, and also serves the private equity sector and the premium wine industry in the US. TheY is your place to belong. 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. Your input helps Glassdoor refine our pay estimates over time. What happens to my Social Security benefit if my husband dies? As Enphases Executive Vice President and Chief Financial Officer, Mr. Branderiz oversaw all finance, legal and corporate development functions. She is known for her roll-up-your sleeves mentality, stewardship and acquiring a deep understanding of the business and services, pushing for financial strength, flexibility, and excellence. CAMBRIDGE, Mass., Feb. 23, 2023 /PRNewswire/ -- Silicon Valley Bank has assembled a diverse group of organizations, including Wilson Sonsini Goodrich & Rosati, EisnerAmper, and Alira Health, to sponsor LabCentral Ignite, a first-and-only-of-its-kind platform to address systemic racial, gender, and other underrepresentation in talent across the life sciences and biotech industry. Rejji P. Hayes has served on Fortives Board of Directors since 2020. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, and the chevron device are trademarks of SVB Financial Group, used under license. Leslie Bacho Chief Executive Officer Read Bio Marcus Bryant Chief People & Inclusion Officer Read Bio Stan Edde Chief Operating Officer Read Bio LabCentral is a network of laboratory spaces and scientific communities, purposed designed to jumpstart the launch of promising early-stage life-sciences companies. Mr. Spoon is also a member of the board of directors of each of Danaher Corporation, IAC/InterActiveCorp., and Match Group, Inc. The MarketWatch News Department was not involved in the creation of this content. Alan G. Spoon has served as Fortives Chairman of the Board since 2016. In 1988, the bank completed its IPO, raising $6 million. Silicon Valley - American Red Cross 3. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. SVB Financial Group (SVB) is the holding company for all business units and groups. Learn more about each members of Stride's leadership team. Ms. Dubey previously served as the CEO of Match Group, a publicly-traded provider of global dating products, from 2020 to 2022, overseeing growth for the portfolio of brands including Tinder, Match, Meetic, OkCupid, Hinge, Pairs, PlentyOfFish, and OurTime. Silicon Valley Bank Salaries (February 2023) - Zippia 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. You can sign up for additional alert options at any time. However, there's a significant range between what the company pays the top 10 percent and the bottom 10 percent of earners. Executive Team and Board of Directors | SVB | Silicon Valley Bank In addition, winners participate in a year-long Ignite Fellowship program that aims to supercharge their networks, connecting these entrepreneurs to top investors, partners, advisors, and mentors. Executive Vice President and Chief Information Officer, The Clearing House Association. Ms. Sargent has over 30 years of experience encompassing leadership, operations, marketing and engineering roles with a diverse mix of high technology hardware and software companies across multiple industries.