Edition:
United Kingdom

SVB Financial Group (SIVB.OQ)

SIVB.OQ on NASDAQ Stock Exchange Global Select Market

257.61USD
24 Apr 2018
Change (% chg)

-- (--)
Prev Close
$257.61
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
254,295
52-wk High
$271.79
52-wk Low
$159.44

Summary

Name Age Since Current Position

Roger Dunbar

72 2012 Independent Chairman of the Board

Gregory Becker

50 2015 President, Chief Executive Officer, Director

Daniel Beck

45 2017 Chief Financial Officer

Philip Cox

51 2012 Head - Europe, Middle East and Africa (“EMEA”), President of UK Branch

Michael Descheneaux

50 2017 President of Silicon Valley Bank

Michael Dreyer

54 2015 Chief Operations Officer

Christopher Edmonds-Waters

55 2017 Chief Human Resource Officer

Roger Leone

64 2015 Chief Information Officer

Michelle Draper

50 2013 Chief Marketing Officer

Laura Izurieta

57 2016 Chief Risk Officer

Michael Zuckert

59 2014 General Counsel

Marc Cadieux

51 2013 Chief Credit Officer

John China

52 2016 Head - Technology Banking

Eric Benhamou

62 2005 Independent Director

David Clapper

66 2005 Independent Director

John Clendening

55 2017 Independent Director

Joel Friedman

70 2005 Independent Director

Lata Krishnan

56 2008 Independent Director

Jeffrey Maggioncalda

49 2012 Independent Director

Mary Miller

62 2015 Independent Director

Katherine Mitchell

59 2010 Independent Director

John Robinson

71 2010 Independent Director

Garen Staglin

73 2011 Independent Director

Meghan O'Leary

2018 Head - Investor Relations

Biographies

Name Description

Roger Dunbar

Mr. Roger F. Dunbar is an Independent Chairman of the Board of SVB Financial Group. He retired from Ernst and Young in 2004, where he served in a variety of positions since 1974, including key leadership positions. His Private Directorships includes: Desert Mountain Property, Inc., Desert Mountain Club, Inc. He served as Global Vice Chairman, Strategic Growth Markets and Venture Capital (2000-2004), Member, Global Practice Council (2000-2004), Member, Global Management Committee (2000-2004), Member of US Area Managing Partners Leadership Group (1998-2000), Client Service Partner and other key positions, including Partner-in-Charge and Area Managing Partner, Silicon Valley and the Pacific Northwest Area (1974-2000). He served as Advisory Board Member, SVB Financial Group and Silicon Valley Bank (2001-2004). His Other Prior Experience includes: Teacher, Santa Clara University’s Graduate School of Business, Teacher, Ernst & Young’s National Education Program, Advisory Boards, Santa Clara University and Cal Poly San Luis Obispo, Joint Venture Silicon Valley’s 21st Century Education Board, U.S. Naval Officer (1967-1980). Mr. Dunbar holds a bachelor’s degree in Business from San Francisco State University and holds a master’s degree in Business Administration from Santa Clara University. He is a Certified public accountant, inactive, and a member of the California State Board of Accountancy and the AICPA.

Gregory Becker

Mr. Gregory W. Becker is President, Chief Executive Officer, Director of SVB Financial Group. Mr. Becker was appointed the President and Chief Executive Officer of the Company in April 2011. He first joined us in 1993 as part of the Northern California Technology Division, and since then, has served in a number of executive and senior management roles, 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). He has been Executive Council, TechNet (since 2016), Silicon Valley Leadership Group, a non-profit organization with an emphasis on issues of importance to employers, employees and residents of Silicon Valley (member since 2011; Chairman 2015-2017), Advisory Council Member, Alliance for Southern California Innovation (since 2017). He was Director and executive committee member, Bay Area Council, a public policy advocacy organization (2011-2015), Member, U.S. Department Digital Economy Board of Advisors (2016-2017), President, Board of Trustees, Silicon Valley and Monterey Bay Area Chapter of the Leukemia & Lymphoma Society (2004-2011). He holds Bachelor’s degree in Business from Indiana University.

Daniel Beck

Mr. Daniel J. Beck serves as Chief Financial Officer of the Company effective June 5, 2017. Mr. Beck is responsible for our finance, treasury and accounting functions. Before joining the Company in 2017, Mr. Beck served as the Chief Financial Officer for Bank of the West, a subsidiary of BNP Paribas Group, from June 2015 to May 2017 and as Executive Vice President and Corporate Controller from June 2008 to June 2015. Prior to his tenure at Bank of the West, Mr. Beck held various finance and accounting roles with Wells Fargo Bank, the Federal Home Loan Mortgage Corporation, E*TRADE Financial Corporation and Deloitte & Touche LLP. Mr. Beck holds a B.S. in Accounting from Virginia Commonwealth University and a B.S. in Biology from Virginia Polytechnic Institute and State University.

Philip Cox

Mr. Philip C. Cox is Head - Europe, Middle East and Africa (“EMEA”), President of UK Branch of the Company. He is focused on the international development of our business and is responsible for our UK branch. Mr. Cox joined us in 2009 as Head of UK, Europe & Israel, where he was responsible for the overall strategic direction of the Company in the UK, Europe and Israel, as well as the establishment of our UK Branch banking business, prior to his appointment to his current role in 2012. Prior to joining the Company, Mr. Cox was Head of Commercial Banking at the Bank of Scotland in London, a division of Lloyds Banking Group (2008-2009) and the Chief Executive Officer of Torex Retail PLC (2005-2008). Prior to his tenure at Torex Retail PLC, Mr. Cox spent approximately 23 years with NatWest/RBS Group in a variety of positions, including Managing Director of Transport and Infrastructure Finance, Regional Managing Director of the North of England Region and the same position for the South West and Wales business. Mr. Cox is a member of the Chartered Institute of Bankers (UK) and the Association of Corporate Treasurers (UK).

Michael Descheneaux

Mr. Michael R. Descheneaux, CPA, serves as President of Silicon Valley Bank of the Company effective June 5, 2017. He oversees the Company’s global commercial bank, private bank and funds management businesses, as well as credit administration. Mr. Descheneaux joined us in 2006 as Managing Director of Accounting and Financial Reporting, and was appointed as Chief Financial Officer in 2007, where he was responsible for all our finance, treasury, accounting and legal functions, as well as our funds management business until he assumed his current role in 2017. Prior to joining the Company, Mr. Descheneaux was a managing director of Navigant Consulting (2004 – 2006) and held various leadership positions with Arthur Andersen (1995 – 2002). Mr. Descheneaux holds a Bachelor’s degree in Business Administration from Texas A&M University. He is also a certified public accountant, as well as a member of the Texas State Board of Public Accountancy.licensed by the Texas State Board of Public Accountancy.

Michael Dreyer

Mr. Michael L. Dreyer is Chief Operations Officer of the Company. He is responsible for the Company’s global technology and infrastructure functions. Prior to joining us in 2015, Mr. Dreyer served as the Chief Operations Officer and President of the Americas for Monitise, where he was responsible for the design, build and operations of Monitise’s technology globally, as well as its Americas business (2014 - 2015). Prior to that, Mr. Dreyer was the Chief Information Officer at Visa Inc., where he was responsible for company’s systems and technology platforms (1998 - 2014). Mr. Dreyer has also held various senior-level positions at American Express, Prime Financial, Inc., the Federal Deposit Insurance Corporation (FDIC) and Bank of America. He has been on the board of directors of Finisar Corporation since 2015, and F5 Networks Inc., since 2012. Mr. Dreyer holds a Bachelor’s degree in Psychology and a Master’s degree in Business Administration from Washington State University.

Christopher Edmonds-Waters

Mr. Christopher D. Edmonds-Waters is Chief Human Resource Officer of the Company. He oversees our human resources function, which includes our compensation, global mobility, recruiting and learning and development functions. Mr. Edmonds-Waters joined us in 2003 as Director of Organization Effectiveness and was appointed to his current role in 2007. Prior to joining the Company, Mr. Edmonds-Waters held various senior-level human resources positions at Charles Schwab & Co. from 1996 – 2003 and began his career at Macy’s California where he held various merchandising as well human resources roles. Mr. Edmonds-Waters holds a Bachelor’s degree in Intercultural Communications from Arizona State University and a Master’s degree in Human Resources and Organization Development from the University of San Francisco.

Roger Leone

Mr. Roger E. Leone is Chief Information Officer of the Company. oversees our information technology function and previously served as Head of IT Infrastructure Engineering and Operations. Prior to joining us in 2015, he served in a range of technology positions, including as an independent consultant from (2011-2014) and Vice President, Global IT Services at Yahoo! (2010-2011). Prior to that, Mr. Leone held various senior-level IT positions at Pfizer (1996 – 2010), including as Vice President of Americas Regional Shared Services, where he managed a team of over 400 IT professionals supporting over 26,000 clients in the Americas. Prior to his time at Pfizer, Mr. Leone spent approximately 20 years with Bank of America in a variety of IT positions. Mr. Leone holds a Bachelor’s degree in Mathematics from Utica College of Syracuse University.

Michelle Draper

Ms. Michelle A. Draper is Chief Marketing Officer of the Company. She is responsible for the strategy and execution of our global marketing initiatives. Prior to joining us in 2013, Ms. Draper held various senior-level marketing positions at Charles Schwab & Co. from 1992 - 2013, including as Senior Vice President of Institutional Services Marketing, where she oversaw advertising, brand management and other key marketing strategies. Prior to that, Ms. Draper also served as a director of Investor Services Segment Marketing and Vice President of Advisor Services Marketing Programs, developing marketing strategies for both the retail and institutional sides of the Charles Schwab business. Ms. Draper holds a Bachelor’s degree in Journalism from California Polytechnic State University – San Luis Obispo, as well as Series 7 General Securities Representative and Series 24 General Securities Principal licenses.

Laura Izurieta

Ms. Laura H. Izurieta is the Chief Risk Officer of the Company. She is responsible for leading our enterprise-wide risk management, corporate compliance and regulatory functions. From 2000 until joining the Company in 2016, Ms. Izurieta held various roles of increasing responsibility at Capital One, including Vice President of Corporate Reputation and Governance, Vice President of Capital One Home Loans and Vice President of Information Technology, and most recently as the Executive Vice President and Chief Risk Officer, Retail and Direct Bank. Prior to her tenure at Capital One, Ms. Izurieta also held positions at Freddie Mac and Bank of America. Ms. Izurieta holds a Bachelor’s degree in Business Administration from Towson University and a Master’s degree in Applied Behavioral Science from John Hopkins School of Business.

Michael Zuckert

Mr. Michael S. Zuckert is General Counsel of the Company. He is responsible for all our legal and government affair matters. Prior to joining the Company in 2014, he served in a wide range of legal positions within the financial services industry. Most recently, he served as Deputy General Counsel of Citigroup (2009-2014), where he served as general counsel for the company’s non-core assets business, Citi Holdings, and focused on mergers and acquisitions. Prior to his time at Citigroup, Mr. Zuckert held various senior-level positions at Morgan Stanley & Co. Inc., and was Vice President and General Counsel at TheStreet.com, Inc., an online financial news provider. Mr. Zuckert is a director of the Law Foundation of Silicon Valley and the Global EIR Coalition and a member of the leadership council of Tech:NYC. He holds Bachelor’s degrees in History and Law and Society from Brown University and a Juris Doctor from New York University School of Law.

Marc Cadieux

Mr. Marc C. Cadieux is Chief Credit Officer of the Company. He oversees our credit administration function. Mr. Cadieux joined us in 1992 and has held a variety of positions of increasing responsibility in the areas of credit administration, business development and relationship management during his tenure with the Company. Mr. Cadieux was previously the Division Risk Manager for SVB’s Eastern Division, where he was responsible for overseeing our commercial lending activities in the United States, Canada, the United Kingdom and Israel. Mr. Cadieux was appointed as Assistant Chief Credit Officer in 2009 and was later appointed as Chief Credit Officer in 2013. Prior to joining the Company, Mr. Cadieux held several credit-related positions with Pacific Western Bank and Bank of New England. Mr. Cadieux holds a Bachelor’s degree in Economics from Colby College.

John China

Mr. John D. China is Head - Technology Banking of the Company. He oversees the growth of our technology banking business. Mr. China joined us in 1996 as Senior Relationship Manager and has since held a variety of positions with the Company, including Head of Venture Capital Management and Head of Venture Capital and Private Equity division. Mr. China was appointed as the Head of Relationship Management in 2010, Head of Relationship Banking in 2014, and Head of Technology Banking in 2017. Mr. China is a member of the boards of H2, a digital industry leadership network, and BUILD, a nonprofit organization dedicated to educating under-resourced youth through entrepreneurship; and the advisory boards of Alpha Club, a networking community of founders, CEOs and technology influencers, and York Butter Factory, an Australian coworking and startup incubator space. Mr. China holds a Bachelor’s degree in Industrial Engineering from Stanford University.

Eric Benhamou

Mr. Eric A. Benhamou is an Independent Director of SVB Financial Group. He is Chairman and CEO of Benhamou Global Ventures, LLC, which he founded in 2003. Benhamou Global Ventures, LLC invests and plays an active role in innovative high tech firms throughout the world. He also sits on various public and private technology company boards, and serves a variety of educational and philanthropic organizations. He has been Chairman, Cypress Semiconductor, a semiconductor company (since 1993), RealNetworks, Inc., creator of digital media services and software (since 2003). He has been SwiftTest, Inc., a commercial IP network testing tool developer (since 2010), Purewave, Inc., a developer of outdoor compact base stations for the 4G marketplace (since 2010), ConteXtream, a carrier equipment vendor for intellectual property based media services (since 2007), Finjan Corporation, a global provider of proactive web security solutions (since 2006). He is Executive committee member, Stanford University School of Engineering, Executive committee member, Ben Gurion University of Negev, Visiting professor, INSEAD Business School, Chairman of the Israel Venture Network, a venture philanthropy organization for a stronger Israeli society. He served as Chairman, 3Com Corporation, a public networking solutions provider (1990-2010), Voltaire Ltd., a public grid computing network solutions company (2007 – 2011), Dasient, a security company that provides malware detection and prevention solutions (2010-2011), Chairman of the Board of Directors of Palm, Inc., a public mobile products provider (1999-2007), Other private directorships: Atrica, Go Networks, WisdomArk (various dates from 2000-2008). He served as Chief Executive Officer, 3Com Corporation (1990- 2000). Mr. Benhamou earned an engineering degree from l’École Nationale Supérieure d’Arts et Métiers in Paris, France, a master’s degree in Science from the School of Engineering at Stanford University and several honorary doctorates.

David Clapper

Mr. David M. Clapper is no longer a Independent Director of the Company effective April 26, 2018. He has been the Chief Executive Officer of Minerva Surgical since May 2011. He has had an career in the healthcare and medical device industries, including serving as the President and Chief Executive Officer (2005-2008) of SurgRx, Inc., a privately held medical device manufacturer, until its acquisition by Ethicon Endo-Surgery in 2008, as well as a variety of public and private company directorships. He has been Neomend, a designer of surgical sealants and adhesion prevention products (since 2010), Arqos Surgical, Inc., a technology holding company (since 2011), IOGYN, Inc., a medical device company, (since 2011), CORRX, Inc., a medical device company, (since 2011), Corinth Medical, a medical device company, (since 2011), RELIGN Corporation, a medical device company, (since 2011), MOSIAX, Inc., a medical device company, (since 2011). He served as Baxano, a private medical device manufacturer (2009-2011), Dfine, Inc., a private electrosurgical system developer (2007-2011), Sierra Surgical Technologies, a private surgical device company (2007-2011), Pulmonx, a private medical device company (2003-2006), Conor Medsystems, a public developer of drug delivery technology (2004-2007), St. Francis Medical Technology, a private medical device manufacturer (2006), Novacept, a private medical device company (1999-2004), Focal, Inc., a public company developer of surgical sealants (1994 to 1999). He served as President and Chief Executive Officer, Novacept (1999-2004, President and Chief Executive Officer, Focal, Inc. (1994 to 1999), Various management positions at Johnson & Johnson, a public company provider of professional consumer health care products and services (1977-1993). Mr. Clapper holds a bachelor’s degree in Marketing from Bowling Green State University.

John Clendening

Mr. John S. Clendening serves as Independent Director of the Company. Mr. Clendening is currently President and CEO of Blucora, Inc., a provider of multi-channel financial and tax preparation services. Mr. Clendening previously served in various executive management roles at The Charles Schwab Corporation (“Charles Schwab”) from 2004-2015, most recently as Executive Vice President and Co-Head, Retail Business. He was Executive Vice President, The Charles Schwab Corporation, a financial services and banking company (2004-2015), President and Founder, Restaurant Business Services, eMac Digital (2001-2004), Senior Vice President, Web, Marketing and Technology, Living.com (2000), Chief Marketing Officer and Senior Vice President, Consumer Banking Group, First Union Corporation (1998-2000) and Various management positions at The Coca-Cola Company, Frito-Lay, SEARS Specialty Merchandising Group and Booz Allen & Hamilton, Inc. He also works with Blucora, Inc., a provider of multi-channel financial and tax preparation services (since 2016) and Betterment Holdings, Inc., an online investment services company (2016-2017). He holds Bachelor’s degree in Economics from Northwestern University and Master’s degree in Business Administration from Harvard University.

Joel Friedman

Mr. Joel P. Friedman is an Independent Director of the Company. He retired from Accenture, a public company global management consulting firm in 2005, where he held the position of President of the Business Process Outsourcing (“BPO”) organization. Over the course of his 34-year career with Accenture, Mr. Friedman held a variety of senior leadership roles. He has been NeuStar, a provider of essential clearinghouse services to the communications industry (since 2006), Advisory Director, FTV Capital (formerly Financial Technology Ventures), (since 2005), Community Gatepath, a non-profit organization dedicated to enabling persons with disabilities to live as fully integrated members of the community (since 1991), President of the Business Process Outsourcing (“BPO”) organization, Managing Partner, Banking and Capital Markets, Managing General Partner, Accenture Technology Ventures, Founder, Accenture strategy consulting practice. He served as EXL Service (Advisory Director), a provider of offshore business process outsourcing solutions (2008-2011), Endeca Technologies, Inc., a provider of enterprise search solutions (2006-2011) (acquired by Oracle), Junior Achievement of Northern California, a non-profit organization that assists young people understand the economics of life (2004-2010, Accenture, a global management consulting firm (2001-2005), Seisint, Inc., Calico Commerce, Inc., Rivio Inc., TheBrain Technologies, Dean’s Advisory Council for Stanford Graduate School of Business (1998-2004). Mr. Friedman holds a bachelor’s degree in Economics from Yale University and a master’s degree in Business Administration from Stanford University.

Lata Krishnan

Ms. Lata Krishnan is no longer a Independent Director of the Company effective April 26, 2018. She is the Chief Financial Officer of Shah Capital Partners (“Shah Capital”), a mid-market technology private equity fund that she joined upon its inception in 2003. Prior to joining Shah Capital, Ms. Krishnan held various corporate accounting and finance positions with financial firms. She has been Chair, American India Foundation, an organization dedicated to accelerating social and economic development in India (since 2001), The Commonwealth Club, a public affairs forum (since 2004), Enlighted, Inc., an information technology consulting firm (since 2010), Fellow, American Leadership Forum (since 1998). She served as TiE, a non-profit global network of entrepreneurs and professionals, Global Heritage Fund, an international heritage conservancy (2009-2011), CEO Women, an organization to create economic opportunities for low-income immigrant and refugee women (2009-2011), America’s Foundation for Chess, a foundation committed to children’s education (2003-2011), Global Philanthropy Forum, a council on world affairs (2006-2011), Narika, a shelter for abused women in the Asian community (1998-2011). Her Other Prior Experience includes: Co-Founder and Chief Financial Officer, SMART Modular Technologies, Inc., a manufacturer of computer memory modules (1989-1999), Various corporate accounting and finance positions with Montgomery Services, Various corporate accounting and finance positions with Arthur Andersen & Company LLP., Various corporate accounting and finance positions with Hill Vellacott & Company in London. Ms. Krishnan holds a bachelor of science degree with honors from the London School of Economics and is a member of the Institute of Chartered Accountants in England and Wales.

Jeffrey Maggioncalda

Mr. Jeffrey Nacey Maggioncalda is an Independent Director of the Company. Mr. Maggioncalda is currently the Chief Executive Officer of Coursera, Inc. (“Coursera”), an online education company. He previously served as the founding Chief Executive Officer of Financial Engines, Inc. (“Financial Engines”), a publicly-held independent investment advisory firm, since its inception in 1996 until 2014. He also served as a director of Financial Engines from 2011 to 2014. Subsequent to his tenure at Financial Engines, Mr. Maggioncalda served as a senior advisor to McKinsey & Company, a global management-consulting firm. He is a Senior Adviser, McKinsey & Co., a strategy consulting firm (2017), Associate, Cornerstone Research, an economic and financial consulting firm (1991-1994), an Financial Engines, an independent investment advisory firm (2011-2014), Affinity Circles, a social networking developer. He holds Bachelor’s degree in Economics and English from Stanford University and Master’s degree in Business Administration from Stanford University.

Mary Miller

Ms. Mary John Miller is an Independent Director of the Company. Ms. Miller is the former Under Secretary for Domestic Finance for the U.S. Department of the Treasury (“U.S. Treasury”), a position that she held following her confirmation by the U.S. Senate from March 2012 until September 2014. Ms. Miller also served as Assistant Secretary of the Treasury for Financial Markets following her confirmation by the U.S. Senate in February 2010 until June 2014. Prior to joining the U.S. Treasury, Ms. Miller held various positions with T. Rowe Price Group, Inc. from 1983 to 2009. She has been ICE Benchmark Association, a unit of the Intercontinental Exchange (2014-2018), Director, Fixed Income Division, T. Rowe Price Group, Inc., a global investment management firm (2004-2009), Various investment management positions with T. Rowe Price Group. She also works with The Jeffrey Company, an investment company (since 2016), Trustee, Cornell University, a higher education institution (since 2015) and Trustee, The Urban Institute, a non-profit research organization (since 2014). She holds Bachelor’s degree in Government from Cornell University, Master’s degree in City and Regional Planning, University of North Carolina at Chapel Hill and Chartered Financial Analyst (CFA)

Katherine Mitchell

Ms. Katherine D. Mitchell is an Independent Director of the Company. Ms. Mitchell is Managing Partner and Co-Founder of Scale Venture Partners (“Scale Venture”), a venture capital firm that invests in enterprise software companies, and is instrumental in building the firm’s team and strategic direction. Prior to founding Scale Venture in 1996, Ms. Mitchell held a variety of senior management positions with Bank of America. She is a Member, Steering Committee, Private Equity Women Investor Network, a forum for senior women in private equity (since 2010), Member, NASDAQ Private Market Advisory Council, an advisory forum related to private capital markets (since 2014), Founding Chair and Member, NVCA Diversity Task Force (Venture Forward), a forum to increase opportunities for women and minorities in venture capital and entrepreneurship (since 2014), Silicon Valley Community Foundation, a non-profit organization (since 2015), Mentor, Kauffman Fellows, a venture capital leadership development organization (since 2016). Other directorships completed prior to 2009 include: Songbird Medical (1998-2005); Acusphere, Inc. (1999-2005); Tonic Software, Inc. (2000-2005); Pavilion Technologies, Inc. (2004-2007), Wayport, Inc. (2000-2008), Friends of the San Francisco Public Library (2007-2010), Jaspersoft, Inc., a manufacturer of business intelligence software (2009-2014),New Century Hospice, a provider of hospice services for patients, families and healthcare providers (2014-2015), mBlox, Inc., a mobile transaction network provider (acquired by CLX Communications (2010 - 2016), PeopleMatter (PMW Technologies, Inc.), a provider of human resource management solutions (2014-2016), National Venture Capital Association (“NVCA”), a trade association focused on regulatory and economic policy impacting the venture industry and the companies that are funded by venture capital (2007-2011 and 2014-2016).

John Robinson

Mr. John F. Robinson is an Independent Director of the Company. Mr. Robinson is a former Executive Vice President, Corporate Risk Management of Washington Mutual Bank, a financial lending institution. Prior to his position with Washington Mutual, Mr. Robinson served with the Office of the Comptroller of the Currency as a Deputy Comptroller. He served as Executive Vice President, Corporate Risk Management, Washington Mutual Bank, a financial lending institution (2002-2008), National Outdoor Leadership School Advisory Committee (2007-2016), Deputy Comptroller, Office of the Comptroller of the Currency (1997-2002),Federal Home Loan Bank of San Francisco (from 2004-2005 and 2007-2008, and since 2011), Vogogo, Inc., a Canadian based provider of verification tools for risk management and payment processing (2015-2016), Operation HOPE, a non-profit organization focusing on economic improvements for poverty-stricken people in America (2004-2013), Long Beach Mortgage Corporation and Long Beach Securities Corporation, both wholly-owned subsidiaries of Washington Mutual Bank (2004-2006). He holds Bachelor’s degree in Business Administration from Washington University in St. Louis, Master’s degree in Business Administration from Harvard University and Chartered Financial Analyst (CFA).

Garen Staglin

Mr. Garen K. Staglin is an Independent Director of the Company. Mr. Staglin is the founder and proprietor of Staglin Family Vineyard, founded in 1985 in the Rutherford region of Napa Valley. Over the past 40 years, Mr. Staglin has also held a variety of positions in the financial and insurance services industries. He is a Chairman, ExlService Holdings, Inc. (NASDAQ: EXLS), a provider of outsourcing services to global companies (since 2005), Senior Advisor and Advisory Director, FTV Capital (formerly Financial Technology Ventures) (since 2004), Vice Chairman, Profit Velocity Solutions, a manufacturing analytics firm (since 2007), Chairman, Nvoice Payments, an electronic payment service provider (since 2010), Co-Founder and Co-Chairman, One Mind, a non-profit organization devoted to accelerating cures and treatments for all brain disorders (since 1995), Founder and President, Bring Change 2 Mind, an organization devoted to removing the stigma associated with mental illness (2009-2014), Other directorships completed prior to 2009 include: First Data Corporation, a payment solutions provider (1992-2003); Quick Response Services, a public retail management and supply chain services company (1991-2001); CyberCash, Inc., a public micro-payments and platform company (1996-2000); Chairman, Safelite Auto Glass, a private national auto glass provider (1993-1999). He holds Bachelor’s degree in Engineering-Electrical and Nuclear from the University of California, Los Angeles and Master’s degree in Business Administration, Finance and Systems Analysis from Stanford University Graduate School of Business.

Meghan O'Leary