WEST
Silicon Valley Bank, Santa Clara, Calif., the principal subsidiary of Silicon Valley Bancshares, announced a management shakeup affecting seven executive vice presidents and promoted one executive to that rank.
The bank named executive vice president James F. Forrester head of corporate finance and promoted executive vice president Kenneth P. Wilcox to chief banking officer.
Mr. Forrester is responsible for developing corporate finance activities that include credit products and investment banking services. He was head of the strategic financial services group.
Mr. Wilcox is responsible for all lending groups. He was manager of Silicon Valley East, Wellesley, Mass., and will relocate to Santa Clara. David Fischer, senior vice president and team leader at Silicon Valley East, was promoted to executive vice president of the eastern technology group, succeeding Mr. Wilcox. He will also manage offices in Chicago, Atlanta, and Rockville, Md.
In addition, Barbara C. Kamm, executive vice president and chief administrative officer, will add the international and cash management divisions to her staff-support management responsibilities.
Executive vice president Harry W. Kellogg Jr. took responsibility for products and services including StarSource, venture capital marketing, emerging markets, executive banking, factoring, and commercial finance.
Blake Baldwin, executive vice president and group manager of the special industries group, was given management of Silicon Valley's health-care services practice.
Executive vice president Rita Pirkl, who was Southern California group manager, will head Silicon Valley's national biotechnology and medical devices practice.
Executive vice president Marc Verissimo was given management of the newly created California technology group. It will incorporate all technology lending groups in northern and southern California.
