SVB is on the list of largest banks in the United States, and is the biggest bank in Silicon Valley based on local deposits. [12][13] In 2005 it opened offices in Beijing and Israel. 2023 SVB Financial Group. [4] In 1986, SVB merged with National InterCity Bancorp and opened an office in Santa Clara. We earn $400,000 and spend beyond our means. 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? Laura will lead our HR team, enabling our workforce to serve the financial needs of the global innovation economy. Ms. Mitchell currently serves on the boards of directors of Silicon Valley Bank, Silicon Valley Community Foundation and other private company boards on behalf of Scale Venture Partners. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. Currently he leads the execution of integrated programs across marketing strategy, member acquisition, and association communication. Citizens is a brand name of Citizens Bank, N.A. [10], In March 2017, Michael R. Descheneaux was named president of the company. Our Board of Directors. Mr. Hayes also previously served as Chairman of the Board of EnerBank USA, a former CMS Energy subsidiary and nationwide provider of home improvement loans. Apr 2022 - Present1 year. Craig Broderick. Whats our next move. Its name is derived from the dense concentration of electronics and . 'Don't think tech courses are for nerds or geeks'. Leslie Bacho Chief Executive Officer Read Bio Marcus Bryant Chief People & Inclusion Officer Read Bio Stan Edde Chief Operating Officer Read Bio 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. Mr. Hayes holds a bachelors degree from Amherst College and a masters degree in business from Harvard Business School. 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. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. This would lead to delayed projects and service cuts at agencies throughout the state. 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. 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. 5 Ways Founders are rethinking their burn rate in 2023 | Silicon Valley Bank. Creating options policies. Your input helps Glassdoor refine our pay estimates over time. 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. Communitech's answer to Own the Podium is Team True North, an assembly of 35 private companies, from 12 cities and five provinces, which are each on track to generate revenue of $1 billion by 2030, based on data gathered by Silicon Valley Bank, analyzed by New York-based data science firm Two Sigma Investments LP, and run through a model for . Know Your Worth. 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. Stephen F. Danna. SF Business Times & Silicon Valley Business Journal. George A. She has extensive experience working with various government entities, foundations and private funders. Mary currently oversees our YMCA operations and serves as a national leader for the YMCA movement in expanded learning programs and youth health and wellness. Find high paying available jobs at Silicon Valley Bank.For expert network information on Silicon Valley Bank compensation and careers, use Ladders $100K + Club. Let SVB experts help your business with the right mix of products, services and strategic advice. From July 2011 to November 2012, Mr. Vallee served as Executive Chairman of the board of directors of Avnet, Inc., a global semiconductor/electronics products and IT distributor. He will remain in his current role through the 2022 annual shareholder meeting. For over 35 years, SVB has helped businesses grow and thrive across the innovation economy. During his tenure, his multi-industry responsibilities focused on test and measurement, transportation technologies and industrial technologies. Mr Paranjpe is an Operating Partner in Advent International, a Boston-headquartered private equity firm. Silicon Valley Bank. 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. If you experience any issues with this process, please contact us for further assistance. [9] Following the crash of the dot-com bubble, the bank's stock dropped 50%. Mr. Phillips previously served on the Federal Reserve Bank of New York's Board of Directors, as well as, on President Obama's Economic Recovery Advisory Board. Learn more about our products and services, including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, patient experience management (PXM) and digital health, atwww.carecloud.com. [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. The bank has all the same directors as the corporation, plus two more vice chairman Kevin Pearson and bank President and COO Richard Gold. Our clients define what comes next. Silicon Valley Bank, the bank of the worlds most innovative companies and investors, provides commercial banking services, expertise and insights to the technology, life science and healthcare, private equity, venture capital and premium wine industries. It then expanded into banking and financing venture capitalists themselves, and added services aimed at allowing the bank to keep clients as they matured from their startup phase. Kay Matthews, current SVB board member, will become the board Chair at that time. Kostas Georgakopoulos, Global CTO & CISO, Mondelez International . Find anything about our product, search our documentation, and more. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: SIVB). Find anything about our product, search our documentation, and more. "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. Matthews, who will become SVBs Board Chair following the annual shareholder meeting on April 21, 2022, joined SVBs board and its Audit Committee in 2019, after retiring from her successful 36-year career at Ernst & Young where she held several leadership roles for the global organization. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group. She also currently serves on several investment and advisory boards and is on the board of trustees at Northeastern University. Complete your banking transactions with ease and security. After submitting your request, you will receive an activation email to the requested email address. Previously, Ms. Sargent served as president of Innovation and New Ventures at Flex, a leader in global design and manufacturing, from 2012 until 2017. 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. All rights reserved. Our Executive Board works closely with our CEO to help guide the organization. He serves as a member of the Board of Directors of Netscout Systems, a publicly traded network technology company headquartered in Boston, Massachusetts. She has strategically managed, safeguarded and ensured the fiscal health, integrity, and sustainability for operating budgets ranging from $12M to $120M and endowments in excess of $85M by developing and continuously improving the financial strategy, business model optimization, systems, controls, and processes. 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. Is there a problem with this press release? Sharmistha Dubey has served on Fortive's Board of Directors since 2020. [3] In 1995, the bank moved its headquarters from San Jose to Santa Clara. first assistant director (1 episode, 2016) Terrence B. Zinn . You are now leaving Silicon Valley Bank (SVB). She has helped raise $20 million+ to support impacts of community benefit organizations throughout the San Francisco Bay Area. She holds a bachelor of science in chemical engineering from Northeastern University and certificates from the executive development programs at the MIT Sloan School of Management, Harvard University and Stanford University and CERT certificate of cyber risk oversight from National Association of Corporate Directors in conjunction with Carnegie Mellon University. Silicon Valley Bank EMEA is the largest international region . This license allows the joint venture to provide banking products and services to its clients in local Chinese currency. 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 . Mr. Comas currently serves as an advisor to Danaher and is an adjunct professor at Georgetown University. TheY is your place to belong. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, and the chevron device are trademarks of SVB Financial Group, used under license. SVB is the parent company of complementary businesses serving the worlds most innovative companies and their investors: Silicon Valley Bank, SVB Private, SVB Securities and SVB Capital. [3], By the mid-1990s, the bank had provided early venture capital to Cisco Systems and Bay Networks. Sheryl has over 25 years of progressive financial management and leadership experience. Input your search keywords and press Enter. - Being present and supporting the startup ecosystem. As Enphases Executive Vice President and Chief Financial Officer, Mr. Branderiz oversaw all finance, legal and corporate development functions. BOARD MEMBERS Michael D. Celio / Gibson, Dunn & Crutcher LLP Neel Chatterjee / goodwin procter llp Calise cheng / Cooley LLP The MarketWatch News Department was not involved in the creation of this content. Chair of the Executive Committee. In addition, Ms. Mitchell has served as a partner and co-founder of Scale Venture Partners, a Silicon Valley-based firm that invests in early-in-revenue technology companies, since 1997. The estimated base pay is $193,346 per year. [8] In 1999, the company was reincorporated in Delaware. Mr. Anderson was a Senior Advisor to Patterson Companies, Inc. (Nasdaq: PDCO) from June 2017 to June 2019. It has been her primary responsibility to provide managerial, operational, and leadership support of strategic and tactical execution on all accounting, finance, budgeting, strategic planning, contracts, compliance, risk and grant management, and legal matters. You can also contact MarketWatch Customer Service via our Customer Center. 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 a better web experience - please upgrade your browser toGoogle Chrome. London, England, United Kingdom. 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. Take the last step to complete our client formit wont take long now! Director Since: December 2015 Independent David E. Kepler Corporate Director, and retired Executive Vice President, The Dow Chemical Company (Sanford, Michigan, U.S.A.) Director Since: December 2013 Independent Brian M. Levitt Board Chair, The Toronto-Dominion Bank (Kingston, Ontario, Canada) Director Since: December 2008 Mr. Lempres was an executive in residence at venture capital firm Andreessen Horowitz. The estimated additional pay is $212,716 per year. [21], In January 2021, the bank announced its plan to acquire Boston Private Financial Holdings (NASDAQ: BPFH), the parent company of Boston Private Bank & Trust Company, which expanded Silicon Valley Bank's wealth management solutions. 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. NY Post photo composite/Mike Guillen. 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. Our Board of Directors come to us from some of the most innovative companies in the world. Chairman of the Board. John M. Jelavich is the President and Chief Executive Officer of River Valley Community Bank. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: SIVB). We have had the pleasure of working with the CareCloud team since 2017 and have witnessed their tremendous growth over the years, said Tom Gordon, Managing Director of Life Science and Healthcare at Silicon Valley Bank. ("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, During which time he has built and scaled over a dozen new marketing programs in the health and wellness and non-profit world, increasing demand, adding new sources of revenue, creating market growth and perfecting customer acquisition. Visit a quote page and your recently viewed tickers will be displayed here. 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. Eric Branderiz has served on Fortives Board of Directors since 2023. SVB Financial Group (SVB) is the holding company for all business units and groups. 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. Mr. Lico has also had corporate responsibility for Danaher Corporate Procurement, served as Danahers executive leader for the Emerging Market Regional Boards of China, Japan, India and Middle East, and ran the Danaher Business System Office from 2004 to 2005. Audit Committee, Nominating and Governance Committee. Foothill-De Anza Community College District. [10], In December 2008, SVB Financial received a $235 million investment from the U.S. Treasury through the Troubled Asset Relief Program. 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. key second assistant director (1 episode, 2019) Matthew Heffernan . Copyright (C) 2023 PR Newswire. 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. 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. Lee Alexander. Ms. Sargent has served as an operating partner of Katalyst Ventures, an early-stage technology venture fund, since 2018. 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. 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. Leslie brings 20 years of experience building and scaling customer acquisition and revenue, for both complex matrixed Fortune500 companies, as well as new startups.