2014

Silicon Valley Bank Appoints New General Counsel Former Citigroup Deputy GC Michael Zuckert to Lead SVB's Legal Department

SANTA CLARA, Calif., June 5, 2014 /PRNewswire/ -- Silicon Valley Bank, the bank of the global innovation economy, hired Michael Zuckert as the company's new General Counsel. Zuckert, who has broad experience in the financial services industry and a deep knowledge of the regulatory landscape, will be instrumental to the company's continued growth.

As General Counsel, Zuckert is responsible for leading the legal department and providing strategic guidance to the company's management team and board of directors, while helping the company navigate the complex regulatory landscape.

 "Michael is joining our team at a time when the innovation sector we serve is flush with growth and opportunity," said Greg Becker, President and CEO of Silicon Valley Bank. "Michael's strong legal background in financial services, including his international experience, is particularly significant as we continue our strong growth path."

Zuckert was previously Deputy General Counsel at Citigroup, where he served as general counsel for Citi Holdings as well as general counsel for Finance and Capital Markets. Before joining Citigroup, Zuckert worked at Morgan Stanley in both legal and business roles. He was also General Counsel of TheStreet from 1999-2000, when the company went public.

A graduate of Brown University and the New York University School of Law, Zuckert started his career as a corporate associate at Willkie Farr & Gallagher LLP in New York. He has served on the resiliency committee of the New York region of the American Red Cross and was a board member of The Picture House in Pelham, New York.

About Silicon Valley Bank

Banking the world's most innovative companies and exclusive wineries, SVB offers diverse financial services, knowledge, global networks, and world class service to increase our clients' probability of success. With more than $29 billion in assets and more than 1,700 employees, we provide commercial, international and private banking through our locations around the world. Forbes Magazine ranks us among America's Best Banks and Fortune named SVB one of the best places to work. (Nasdaq: SIVB) www.svb.com.

Silicon Valley Bank is the California bank subsidiary and the commercial banking operation of SVB Financial Group. Banking services are provided by Silicon Valley Bank, a member of the FDIC and the Federal Reserve System.

Photo - http://photos.prnewswire.com/prnh/20140604/94621

SOURCE Silicon Valley Bank



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