Silicon Valley Bank and SVB Financial Group are both led by Greg Becker, who is also the company’s chief executive officer. He served in a number of managerial capacities until becoming CEO in 2011. Before that, he established SVB Capital, which today oversees a number of the most successful investment funds in the fields of venture capital and direct investment.
Greg Beck was born on American soil in 1971. Nothing is known about his upbringing, parents, or early life. His B.S. in Business is from Indiana University’s Kelley School of Business.
What is Greg Becker’s Net Worth in 2023?
On the 27th of February, 2023, it is projected that Gregory W. Becker has a net worth of at least $38.2 million. Mr. Becker has sold SIVBP shares totaling over $25,356,607 during the past 19 years, while he has held over 12,451 SVB shares totaling over $2,118,961. As president, chief executive officer, and director at SVB, he also receives an annual salary of $10,677,500.
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Greg Becker Career and Profession
In 1993, Greg Becker began working as a banker for the SVB Financial company. His promotion to chief banking officer and chief operating officer at Silicon Valley Bank came in May 1993. Becker was the chief operating officer for more than ten years before he was replaced in December 2007. He took over as head of Silicon Valley Bank and SVB Financial Group in March of 2008.
From May 2008 till April 2011, he was the head of state. To lead Silicon Valley Bank and SVB, he was named president and CEO in April 2011. The Silicon Valley Bank has flourished under his guidance, and it now consistently outperforms its competitors. When compared to other publicly traded American corporations, SVB has one of the fastest-growing rates.
As an added service, the bank has begun representing the interests of its investors, business owners, and corporate clients in the international innovation marketplace. World Magazine named him a top financial figure in the world in 2017.
Moreover, the readers of Institutional Investor Magazine chose him as the top CEO of midcap banks. He initially oversaw Venture Capital Group.
Becker SIVBP Stock Insider Trading SEC Form 4
The SEC Form 4 filings show that Gregory has bought and sold SVB shares 57 times since 2003. On February 27, 2023, he paid $1,309,596 to exercise 12,451 SIVBP stock units. He made a $5,718,886 profit from the sale of 29,630 shares of SVB stock on March 3. To date, this was his biggest deal.
Gregory has made an average of 2,899 trades per 49 days since 2003. As of the 27th of February, 2023, he had at least 105,003 shares of SVB stock.
How Much Does Gregory Becker Make Per Year?
Gregory Becker, President, Chief Executive Officer, and Director at SVB, Receives a Total of $10,677,500 in Compensation. At SVB, there are no executives who make more money than you do.
What is Gregory Becker’s Address for Mailing?
Gregory’s address on file with the SEC is 94089 Tasman Drive, Sunnyvale, Santa Clara County, California, USA.
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Greg Becker Insider Trading at SVB
Insiders at SVB have traded more than $358,654 worth of stock over the past three years. Gregory W. Becker, Michael Descheneaux, and Christopher Edmonds Waters are three of the most active inside traders.
Stock transactions by SVB executives and independent directors average $9,366 in value and occur every 19 days. On April 9, 2020, Michelle Draper traded 213 shares of SIVBP stock, at a value of approximately $23,000.