SANTA CLARA, CA - June 13, 2009 - SVB Financial Group, the parent company of Silicon Valley Bank and financial partner to technology companies and venture capitalists worldwide, today announced that CEO Ken Wilcox received the Ernst & Young Entrepreneur Of The Year® 2009 Award in the Financial Services category in Northern California. According to Ernst & Young LLP, the award recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses. Wilcox and SVB were selected by an independent panel of judges, and the award was presented at a gala event at The San Jose Fairmont on June 13, 2009.
"We are honored to be recognized for our innovative approach to
banking the most dynamic industries in the world," said Ken
Wilcox, CEO, SVB Financial Group.
The Ernst & Young Entrepreneur Of The Year awards celebrate
their 23rd anniversary this year. The program honors
entrepreneurs who have demonstrated exceptionality in such areas
as innovation, financial performance and personal commitment to
their businesses and communities.
"We are proud to recognize SVB's achievements," said Ernie
Cortes, Ernst & Young LLP Entrepreneur Of The Year Program
Director for Northern California. "Award recipients of the
Entrepreneur Of The Year award build leading businesses and
contribute significantly to the strength of our region's economy.
Their success helps our area grow stronger."
As a Northern California award recipient, Wilcox is now eligible
for consideration for the Ernst & Young LLP Entrepreneur Of
The Year 2009 national program. Award recipients in several
national categories, as well as the overall national Ernst &
Young Entrepreneur Of The Year award recipient, will be announced
at the annual awards gala in Palm Springs, California on November
14, 2009. The awards are the culminating event of the Ernst &
Young Strategic Growth Forum, the nation's most prestigious
gathering of high-growth, market-leading companies.
Founded and produced by Ernst & Young LLP, the Entrepreneur
Of The Year awards are pleased to have SAP and the Ewing Marion
Kauffman Foundation as national sponsors. In Northern California,
local sponsors include The Big Picture, Scherzer International,
Smart Business and The Summit Group.
About SVB Financial Group
For more than 25 years, SVB Financial Group and its subsidiaries,
including Silicon Valley Bank, have been dedicated to helping
entrepreneurs succeed. SVB Financial Group is a financial holding
company that serves companies in the technology, life science,
venture capital and premium wine industries. Offering diversified
financial services through Silicon Valley Bank, SVB Analytics,
SVB Capital, SVB Global and SVB Private Client Services, SVB
Financial Group provides clients with commercial, investment,
international and private banking services. The company also
offers funds management, broker-dealer transactions and asset
management, as well as the added value of its knowledge and
networks worldwide. Headquartered in Santa Clara, Calif., SVB
Financial Group (Nasdaq: SIVB) operates through 27 offices in the
U.S. and international operations in China, India, Israel and the
United Kingdom. More information on the company can be found at
Banking services are provided by Silicon Valley Bank, a member of
the FDIC and the Federal Reserve System. SVB Private Client
Services is a division of Silicon Valley Bank. SVB Financial
Group is also a member of the Federal Reserve System.
About Ernst & Young's Entrepreneur Of The Year® Awards
Ernst & Young's Entrepreneur Of The Year® Award is the
world's most prestigious business award for entrepreneurs. The
award makes a difference through the way it encourages
entrepreneurial activity among those with potential and
recognizes the contribution of people who inspire others with
their vision, leadership and achievement. As the first and only
truly global award of its kind, the Ernst & Young
Entrepreneur Of The Year® award celebrates those who are building
and leading successful, growing and dynamic businesses,
recognizing them through regional, national and global awards
programs in more than 135 cities in 50 countries.