Position
Vice President of Product
Company
Silicon Valley Bank
Description
First Citizens Bank named former SVB Chief Credit Officer to lead the industry's most experienced commercial banking team dedicated to the innovation economy","First Citizens Bank today announced that Marc Cadieux, a 30-year veteran of Silicon Valley Bank , has been appointed President of Silicon Valley Bank's commercial banking business. Based in the California Bay Area, Cadieux leads an SVB Commercial team of more than 1,000 experienced bankers nationwide who are dedicated to the innovation economy. Cadieux reports to Peter Bristow, president of First Citizens Bank.
Executive Insights
Based on hiring dataNew executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months