SVB Financial Group Says CEO Greg Becker, CFO Dan Beck Resigned

April 21, 2023, 8:36 PM UTC

SVB Financial Group said Chief Financial Officer Daniel Beck and Chief Executive Officer Gregory Becker both resigned earlier this week.

  • Becker to provide consulting services on an as-needed basis at no cost
  • Named Nicholas Grossi of Alvarez & Marsal as interim CFO
  • NOTE: March 21, SVB CEO Becker Was Silicon Valley’s Go-To Banker Before Collapse

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To contact the reporter on this story:
Greg Chang in San Francisco at gchang1@bloomberg.net

To contact the editor responsible for this story:
Chakradhar Adusumilli at cadusumilli@bloomberg.net

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