Greg Becker Biography: Greg Becker serves as the CEO of Silicon Valley Bank and SVB Financial Group. Prior to his appointment as CEO in 2011, he held several executive positions. Prior to that, he founded SVB Capital, which manages some of the best venture and direct investment funds in the world.
In 1971, Greg Beck was born in the United States. About his parents, childhood, and early life, little is known. He graduated from Indiana University’s Kelley School of Business with a Bachelor of Science in Business.
Greg Becker Net Worth
As of February 27, 2023, Gregory W. Becker’s estimated net worth is at least $38.2 million. Over the past 19 years, Mr. Becker has sold SIVBP shares worth more than $25,356,607 while holding more than 12,451 SVB shares worth more than $2,118,961. He also earns $10,677,500 as president, chief executive officer, and director at SVB.
Greg Becker Career
Greg Becker joined SVB Financial group in 1993 as a banker. In May 1993, he was appointed COO and Chief Banking Officer of Silicon Valley Bank. Prior to December 2007, Becker served as COO for over a decade. In March 2008, he was appointed president of Silicon Valley Bank and the SVB Financial Group.
He served as president for over three years until April 2011. In April of 2011, he was appointed president and chief executive officer of Silicon Valley Bank and SVB. Under his leadership, the Silicon Valley Bank has experienced phenomenal growth and continues to surpass other banks. SVB is one of the American public companies with the highest growth rates.
Additionally, the bank began advocating for its clients’ investors, business owners, and corporations on the global innovation market. In 2017, World Magazine recognized him as a leading global finance influencer. Additionally, Institutional Investor Magazine voted him the best CEO of midcap banks. During his early years with the organization, he supervised Venture Capital Group.
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Greg Becker’s Wife & Personal Life
Regarding his personal life, Greg Becker has remained silent. He is apparently married. However, he has not disclosed any information about his spouse or children. According to the sources, he has five adult children and enjoys recreational cycling. Becker is unavailable on all social media platforms.
Becker has not responded to inquiries regarding his share sale prior to the sudden collapse of SVB in early March 2023. The fact that he sold his shares through a revocable trust does not appear to be illegal. The Silicon Valley Bank attempted to raise $2 billion in capital a week prior when its plan failed and it suffered significant losses.
Becker SIVBP stock insider trading SEC Form 4
Gregory has traded SVB shares 57 times since 2003, according to Form 4 filings with the SEC. He most recently exercised 12,451 SIVBP stock units for $1,309,596 on February 27, 2023. On March 3, 2017, he sold 29,630 shares of SVB stock for a total value of approximately $5,718,886. This was his largest transaction to date.
Since 2003, Gregory has, on average, traded 2,899 units every 49 days. As of February 27, 2023, he possessed at least 105,003 SVB stock units. Mr. Becker’s entire stock trading history is listed at the bottom of the page.
Gregory Becker’s bio
Gregory W. Becker is the president, CEO, and director of SVB Financial Group. Initially joining us in 1993 as a member of the Northern California Technology Division, Mr. Becker has held several executives and senior management positions with us since then, including Division Manager of Venture Capital (1999–2002), Chief Banking Officer (2002–2003), Chief Operating Officer (2003–2008), and President of the Bank (2008-2017).
Federal Reserve Bank of San Francisco has partnered with Silicon Valley Leadership Group, a non-profit that focuses on issues significant to Silicon Valley firms, employees, and residents. (Class A Director since 2019). (Member since 2011; Chairman from 2015 to 2017), Executive Council, TechNet, Southern California Innovation Association (Member since 2016; Chair since 2019). (Advisory Council Member, since 2017).
How much does Gregory Becker make per year?
Gregory Becker receives a total compensation of $10,677,500 from SVB as president, chief executive officer, and director. There are no executives with higher salaries at SVB.
How old is Gregory Becker?
Gregory Becker, 52, has served as president, chief executive officer, and director of SVB since 2015. There are twenty-four senior executives and three junior executives at SVB. Garen Staglin, Independent Director at SVB Financial Group, is the organization’s chief executive officer. He has 75 years of age.
What is Gregory Becker’s address for mailing?
According to SEC records, Gregory’s mailing address is Tasman Drive, Sunnyvale, Santa Clara County, California, 94089, United States of America.
Greg Becker Insider trading at SVB
Over the past three years, SVB insiders have traded more than $358,654 worth of SVB stock. Some of the most active insider traders include Gregory W. Becker, Michael Descheneaux, and Christopher Edmonds Waters. Every 19 days, on average, SVB executives and independent directors trade shares with an average value of $9,366 per transaction. Michelle Draper executed her most recent stock transaction on April 9, 2020, when she exchanged 213 units of SIVBP stock with a market value of $23,000.