Greg Becker, who goes by Gregory W. Becker, is 52 years of age and holds the positions of president, chief executive officer, and director at SVB. In 2023, he has included in the inaugural power 100 lists of SVB Journal. In April of 2021, he took on the role of CEO at SVB Financial Group, a company that provides banking and financial services.
Greg Becker was born in 1971 and as of 2023, he is 52 years old. His upbringing took place on a 300-acre farm in Fort Wayne, Indiana, where he was raised by his affectionate family. Greg has chosen to keep his family background private and has not shared any details regarding his parents or siblings. In terms of education, he completed high school with excellent grades and later pursued a business bachelor’s degree from KSB (Kelley School of Business) at Indiana University.
Greg Becker Career
After finishing his studies at the university, Greg embarked on his professional journey. Initially, he worked at a branch of Comerica Bank in Detroit. It was during this period that he came across an exciting career prospect at another Comerica Bank branch in Pleasanton, California. He spent around nine months there before moving on to work at a small unit of Comerica Bank based in San Jose.
Greg Becker, who possesses exceptional talent and skill, began his career at Silicon Valley Bank (SVB) in 1993 as a loan officer. During this time, he granted a loan worth $350,000 to a company that was eventually acquired by Cisco (Cisco Systems, Inc.) for a staggering $100 million. In 1996, he rose to senior management roles and established SVB’s branch in Boulder, Colorado. In 1999, he returned to the company’s Silicon Valley headquarters and established SVB Capital, which manages some of the world’s finest venture and direct investment funds. As head of SVB Capital, Becker is responsible for managing these funds.
Between January 2004 and April 2011, he held a position as a board member of the Leukemia & Lymphoma Society. Prior to that, he served as the Chief Banking Officer from 2002 until 2008. In 2008, he assumed the role of president at SVB Bank, and in 2010 he became the president of the parent financial company, SVB Financial Group, located in Santa Clara, California. From 2014 until 2017, he also served on the executive board of SVLG (Silicon Valley Leadership Group).
The Federal Reserve Bank of San Francisco collaborated with Silicon Valley Leadership Group in 2011, during which Greg held several roles, including Chairman from 2015 to 2017 and membership in the Executive Council and Advisory Council since 2017. He was also a member of the board of directors at the Federal Reserve Bank of San Francisco but has since resigned from that position. In addition, he has been a member of TechNet, a Southern California Innovation Association, since 2016 and has served as its Chair since 2019.
SVB Bank Collapse
In 2003, Greg Becker began trading shares of SVB (Silicon Valley Bank) and since then, he has reportedly traded the shares 57 times. On March 10, 2023, the bank, which was previously the 16th largest in the US, suffered a bank failure and is now non-operational. The bank’s assets have been transferred to a bridge bank. This comes after Greg Becker’s tenure as the former CEO of SVB.
On February 27, 2023, he disposed of 12,451 shares of company stock through an executive trading plan that was filed with the U.S. Securities and Exchange Commission on January 26, 2023. The total value of the sold shares was $3.6 million. After SVB’s failure, Senator Elizabeth Warren, Representative Ro Khanna of California, and Mayor Matt Mahan of San Jose criticized Greg and demanded that the funds from the sale of the stock be retrieved and returned to depositors.
Although Greg has over 4000 followers on LinkedIn as of March 10th, 2023, he is not currently using any social media platforms.
Greg Becker Biography
|Real Name||Greg Becker|
|Age (as of 2023)||52 Years|
|Birth Place||United States|
|Profession||CEO of Silicon Valley Bank|
|Height||in feet inches – 5’ 9” – in Centimeters – 175 cm|
|Weight||in Kilograms – 80 kg – in Pounds – 176 lbs|
|Who is his wife?||Not Known|
It is possible that Greg Becker is married and values his privacy highly. He consistently refrains from revealing any personal information regarding his spouse or children to the media, which suggests a desire to maintain their privacy as well. According to sources, Becker has five grown children.
Greg Becker Net Worth
Greg previously served as the President, CEO, and Director of SVB Financial Group, reportedly receives a salary of $10,677,500, and has amassed an estimated net worth exceeding $35 million.
- In 2010, Greg, a competitive cyclist, rode 100 miles (160 km) in California and raised $500,000 for Best Buddies International, an American non-profit organization.
- Per SEC records, the mailing address of Greg is located at Tasman Drive in Santa Clara County, Sunnyvale, California, United States of America with the zip code 94089.
- In 2015 and 2016, Greg was acknowledged as one of the “Most Influential People in Global Finance” on Worth Magazine’s Power 100 list.