. Mr. Spoon serves as the Chairman of the Board. 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. 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. Chairman of the Board (August 2011 - December 2017) . [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. Here's the full list of the corporation's. Christine Edwards. Input your search keywords and press Enter. Board of Directors, Resources for the Future; . 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. Kate D. Mitchell has served on Fortives Board of Directors since 2016. 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. Its first office opened in 1983 on North First Street in San Jose. 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 . Get San Jos Spotlight headlines delivered to your inbox. [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. What happens to my Social Security benefit if my husband dies? 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. Events. Our Board of Directors includes iconic Silicon Valley executives John Chambers (former Cisco Chairman and CEO) and Marc Andreessen (Time Magazine's list of the 100 most influential people in the world). 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. Im 66, we have more than $2 million, I just want to golf can I retire? The estimated total pay for a Director at Silicon Valley Bank is $406,062 per year. 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. Register for upcoming live webinars and access recorded webinars to learn about the latest trends for your business and industry. 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. Year = ' '+yyyy; 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. Our Board of Directors. About Silicon Valley Bank 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. Thanks to the support of Silicon Valley Bank, Wilson Sonsini Goodrich & Rosati, EisnerAmper, and Alira Health, who believe in our mission, we can support more underrepresented entrepreneurs with the potential to significantly impact biotech and the life sciences," said Gretchen Cook-Anderson, LabCentral Ignite's Executive Director. Enter a query in the search input above, and results will be displayed as you type. [20] According to the bank itself, in 2015 SVB was catering banking and financial services to 65% of all startups. Stride's leadership team & board of directors is comprised of a diverse group of individuals. NY Post photo composite/Mike Guillen. The bank has all the same directors as the corporation, plus two more vice chairman Kevin Pearson and bank President and COO Richard Gold. Its first office opened in 1983 on North First Street in San Jose. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Know Your Worth. Ltd. & Special Advisor - Senior Partner Emeritus at McKinsey & Company James A. Champy Stephen F. Danna. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, and the chevron device are trademarks of SVB Financial Group, used under license. [8], In 2000, SVB opened a branch in Florida. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, and the chevron device are trademarks of SVB Financial Group, used under license. His passion for leadership, wellness and the broader community draws him to this role at the Y. 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. Member of the Audit Committee. In the same year they opened another office in San Jose. SVB research, blogs and webinars to give your business crucial advantages in decision-making. 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. She is a veteran in public policy having served in both the public and private sector over her 20-year career. Currently he leads the execution of integrated programs across marketing strategy, member acquisition, and association communication. Jan Babiak. Mr. Spoon is also a member of the board of directors of each of Danaher Corporation, IAC/InterActiveCorp., and Match Group, Inc. 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. 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. Copyright (C) 2023 PR Newswire. In addition, Ms. Dubey pervious served in various other senior leadership positions at Match Group from 2006 to 2020, including as Match Groups President, COO of Tinder, President of Match Group Americas, Chief Product Officer of Match, and Chief Product Officer and EVP of The Princeton Review. 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. Congratulations to - Working closely with VC and private equity firms. Headquartered in Santa Clara, California, SVB Financial Group operates in centers of innovation around the world. Mr. Lempres was an executive in residence at venture capital firm Andreessen Horowitz. 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. He spent 22 years with The PMI Group, a provider of credit enhancement to facilitate . Mr. Comas currently serves as an advisor to Danaher and is an adjunct professor at Georgetown University. [5] In 1993, the bank's founding CEO, Roger V. Smith, was replaced by John C. Dean; Smith became Vice Chairman of the bank. Citizens is a brand name of Citizens Bank, N.A. Dont go yet! Find anything about our product, search our documentation, and more. For specific inquiries including volunteering, advertising and media please visit our Contact Us page. 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. Setting general company goals. You can also contact MarketWatch Customer Service via our Customer Center. 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. O'Brien is responsible for globally developing and fostering long term relationships with the venture units and innovation teams of Fortune 500 Companies in the . Directors sit on committees that specialize in key areas: audit and conduct review, governance and nominating, human resources, and risk review. [14] In 2006, the bank also ceased its investment banking activities, launched after the 2001 dotcom crash. Dunbar is the former Vice Chairman of Ernst & Young's Strategic Growth Markets and Venture Capital practice, where he worked with public and private technology companies and venture capital firms globally. 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. Bruce Van SaunChairman and Chief Executive Officer of Citizens Financial Group, Inc.Chair of the Executive Committee, Lee AlexanderExecutive Vice President and Chief Information Officer, The Clearing House AssociationMember of the Audit Committee, Christine M. CummingRetired First Vice President and Chief Operating Officer, Federal Reserve Bank of New YorkChair of the Risk Committee and Member of the Audit Committee, Kevin CummingsFormer Chairman and Chief Executive Officer, Investors Bancorp, Inc.Member of the Risk Committee, William P. HankowskyFormer Chairman, President and Chief Executive Officer, Liberty Property TrustMember of the Compensation and Human Resources Committee, Executive Committee, and Nominating and Corporate Governance Committee, Edward J. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. [2], Silicon Valley Bank (SVB) was founded in 1982 by Bill Biggerstaff and Robert Medearis over a poker game. - Being present and supporting the startup ecosystem. 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. 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. Complete your banking transactions with ease and security. Her passion for. Karlas expertise includes policy design, compensation, performance management, recruiting, compliance reporting, HRIS implementations, HR workflow development, and benefits administration. [10] In 2002, the bank began expanding its private banking business, which up to that point had been done primarily as a favor to wealthy venture capitalists and entrepreneurs. 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. Dunbar joined SVB's board of directors in 2004 and was an advisory board member since 2000. Vice President, Strategy and Board Affairs, Executive Director, California Black Freedom Fund, Executive Vice President and Chief of Staff, Executive Vice President, Community Action, Policy, and Strategy, Executive Vice President, Finance and Operations, Executive Vice President, Philanthropic Partnerships, Vice President, Marketing and Communications, Project Manager, Marketing and Communications, Facilities and Office Services Coordinator, Project Manager, Nonprofit Capacity-Building, Support Services and Leadership Investment, Director, Nonprofit Leadership and Support Services, Project Manager, Movement- and Power-Building, Project Manager, Community Partnerships and Learning, Financial Planning and Analysis Senior Manager, Senior Vice President, Information Technology and Knowledge Management, Director, IT Business Systems and Analysis, Senior Manager, IT Customer Service and Infrastructure Operations, General Counsel and Senior Vice President, Operations, Director, Business Development and Operations, Administrative Coordinator, Philanthropic Partnerships, Chief Operating Officer, County of Santa Clara, President, William and Flora Hewlett Foundation, Chancellor, Foothill-De Anza Community College District, Co-Founder and Partner, Scale Venture Partners, Co-Founder, OnCore Manufacturing Services, Former Managing Director, Cambridge Associates, Chief Executive Officer, Opportunity Fund. Mr. Comas served as Executive Vice President of Danaher Corporation from April 2005 through December 2020, including as Chief Financial Officer through December 2018. ("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 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, industrial region around the southern shores of San Francisco Bay, California, U.S., with its intellectual centre at Palo Alto, home of Stanford University. With 20+ years of human resources and management experience, that spans for-profit to nonprofit, her extensive experience leading HR initiatives supports the vision of YMCA of Silicon Valley. Why stop now? 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. Roy Vallee has been a member of our Board of Directors since February 2003. Kay Matthews, current SVB board member, will become the board Chair at that time. Ms. Sargent has also served as a senior advisor at Generation Investment Management, LLP since 2017 and as an advisor at Breakthrough Energy Ventures since 2018, each an investment venture focused on sustainable innovation. Youth participants, members, staff, volunteers, and the greater community are all welcome. SVB's values guide our actions, from our approach to supporting small businesses to community engagement to our ESG reporting. [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. However, there's a significant range between what the company pays the top 10 percent and the bottom 10 percent of earners. Ms. Sargent has served as an operating partner of Katalyst Ventures, an early-stage technology venture fund, since 2018. As Enphases Executive Vice President and Chief Financial Officer, Mr. Branderiz oversaw all finance, legal and corporate development functions. He serves as a member of the Board of Directors of Netscout Systems, a publicly traded network technology company headquartered in Boston, Massachusetts. SVB research, blogs and webinars to give your business crucial advantages in decision-making. We look forward to coming to work because were doing things that have never been done before. Chairman of the Board. 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. 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. Whether your focus is on Californias Capitol, the Bay Area, or Diversity and Equity issues, we have the latest information on our initiatives, policy work, and successes for you. Is there a problem with this press release? Member Directory Contact Us Our CEO Meet The Team Board of Directors Ambassadors. Martin S. Eichenbaum. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group. Board of Directors Meet our Leadership Executive Board Our Executive Board works closely with our CEO to help guide the organization. . Let SVB experts help your business with the right mix of products, services and strategic advice. Alison rejoined the HSSV Board of Directors in September 2022 after previously serving from 2015 to 2021. He was elected SVB Board Chairman in 2012 and currently serves as the Risk Committee Chair, and member of the Governance Committee and Finance Committee. [10], In March 2017, Michael R. Descheneaux was named president of the company. 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. The bank operates from 29 offices in the United States and has banking operations in: In addition, SVB Global Services India LLP is a non-banking subsidiary of SVB Financial Group in Bangalore, India providing IT and back office support. Learn more about each members of Stride's leadership team. 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. Hiring and firing of senior executives (especially the CEO) Establishing compensation for executives. 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. Previously, Ms. Sargent served as president of Innovation and New Ventures at Flex, a leader in global design and manufacturing, from 2012 until 2017.