The value of SVB Financial CEO Greg Becker's shareholdings collapsed along with the bank he led.
Aside from regulations aimed at making banks safe, a key way to dissuade reckless behavior is ensuring executives feel pain when they blow up their institution. If SVB executives lose a fortune in this mess, that’ll surely get the attention of other top bankers.Worth noting:
Outside of equity awards — the bulk of his compensation — Becker was still paid pretty handsomely. He took home salary and cash incentive payments of about $6.7 million over the last two years.
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