Economy

SVB collapse: CEO cashed out millions while employees got bonuses

By Emily Jacobs
Published March 12, 2023 1:39am ET
Add Washington Examiner on Google
SVB collapse: CEO cashed out millions while employees got bonuses
A Brinks worker walks toward a truck after exiting Silicon Valley Bank in Santa Clara, Calif., Friday, March 10, 2023.

Silicon Valley Bank CEO Greg Becker cashed out stock options in the weeks leading up to Friday’s collapse, netting him a $2.27 million profit, public filings reveal.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.

Tag:

2008 Financial Crisis FDIC Finance Silicon Valley Bank