Michael R. Descheneaux
Net Worth
Last updated:
What is Michael R. Descheneaux net worth?
The estimated net worth of Mr. Michael R. Descheneaux is at least $69,371,243 as of 18 Jan 2023. He owns shares worth $1,049,519 as insider, has earned $12,221,724 from insider trading and has received compensation worth at least $56,100,000 in SVB Financial Group and SVB Financial Group.
What is the salary of Michael R. Descheneaux?
Mr. Michael R. Descheneaux salary is $1,870,000 per year as Pres of Silicon Valley Bank in SVB Financial Group. He also receives $1,870,000 as Pres of Silicon Valley Bank in SVB Financial Group.
How old is Michael R. Descheneaux?
Mr. Michael R. Descheneaux is 57 years old, born in 1968.
What stocks does Michael R. Descheneaux currently own?
As insider, Mr. Michael R. Descheneaux owns shares in 2 companies:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
SVB Financial Group (SIVBP) | Pres of Silicon Valley Bank | 20,379 | $12.1 | $246,586 |
SVB Financial Group (SIVB) | Pres of Silicon Valley Bank | 20,379 | $39.4 | $802,933 |
What does SVB Financial Group do?
SVB Financial Group, a diversified financial services company, offers various banking and financial products and services. It operates through four segments: Global Commercial Bank, SVB Private Bank, SVB Capital, and SVB Securities. The Global Commercial Bank segment provides commercial banking products and services, including credit, treasury management, foreign exchange, trade finance, and other financial products and services. This segment also offers traditional term and equipment loans, asset-based loans, revolving lines of credit, warehouse facilities, recurring revenue and acquisition finance facilities, mezzanine lending, corporate working capital facilities, and credit card programs; treasury management products and services; business and analysis checking, money market, multi-currency, in-country bank, and sweep accounts; receivables services, which include merchant services, remote capture, lockbox, and fraud control services; wire transfer and automated clearing house payment services; business bill pay, credit and debit cards, account analysis, and disbursement services. In addition, it offers foreign exchange and trade finance products and services; letters of credit; and investment services and solutions. The SVB Private Bank segment offers mortgages, home equity lines of credit, restricted and private stock loans, capital call lines of credit, and other secured and unsecured lending products; planning-based financial strategies, wealth management, family office, financial planning, tax planning, and trust services; and real estate secured loans. The SVB Capital segment provides venture capital investment services. The SVB Securities segment provides investment banking services; products and services, including capital raising, merger and acquisition advisory, equity research, and sales and trading. It operates through 56 offices in the United States and internationally. The company was founded in 1983 and is headquartered in Santa Clara, California.
What does SVB Financial Group do?
SVB Financial Group, a diversified financial services company, offers various banking and financial products and services. It operates through four segments: Global Commercial Bank, SVB Private Bank, SVB Capital, and SVB Securities. The Global Commercial Bank segment provides commercial banking products and services, including credit, treasury management, foreign exchange, trade finance, and other financial products and services. This segment also offers traditional term and equipment loans, asset-based loans, revolving lines of credit, warehouse facilities, recurring revenue and acquisition finance facilities, mezzanine lending, corporate working capital facilities, and credit card programs; treasury management products and services; business and analysis checking, money market, multi-currency, in-country bank, and sweep accounts; receivables services, which include merchant services, remote capture, lockbox, and fraud control services; wire transfer and automated clearing house payment services; business bill pay, credit and debit cards, account analysis, and disbursement services. In addition, it offers foreign exchange and trade finance products and services; letters of credit; and investment services and solutions. The SVB Private Bank segment offers mortgages, home equity lines of credit, restricted and private stock loans, capital call lines of credit, and other secured and unsecured lending products; planning-based financial strategies, wealth management, family office, financial planning, tax planning, and trust services; and real estate secured loans. The SVB Capital segment provides venture capital investment services. The SVB Securities segment provides investment banking services; products and services, including capital raising, merger and acquisition advisory, equity research, and sales and trading. It operates through 56 offices in the United States and internationally. The company was founded in 1983 and is headquartered in Santa Clara, California.
Michael R. Descheneaux insider trading
SVB Financial Group
Mr. Michael R. Descheneaux has made 48 insider trades between 2010-2023, according to the Form 4 filled with the SEC.
The largest trade he's ever made was exercising 15,850 units of SIVBP stock on 30 Jul 2013. As of 18 Jan 2023 he still owns at least 20,379 units of SIVBP stock.
SVB Financial Group
Mr. Michael R. Descheneaux has made 47 insider trades between 2010-2023, according to the Form 4 filled with the SEC.
The largest trade he's ever made was exercising 15,850 units of SIVB stock on 30 Jul 2013. As of 18 Jan 2023 he still owns at least 20,379 units of SIVB stock.
SVB Financial Group key executives
SVB Financial Group executives and other stock owners filed with the SEC:
- Mr. Daniel J. Beck (52) Chief Financial Officer
- Mr. Gregory W. Becker (57) Pres, Chief Executive Officer & Director
- Mr. John D. China (59) Pres of SVB Capital
- Mr. Michael R. Descheneaux (57) Pres of Silicon Valley Bank
- Mr. Philip C. Cox (58) Chief Operations Officer