![]() ![]() Rajiv Batra, Yuming Mao, Nir Zuk, Dave StevensĪlberto Sangiovanni-Vincentelli, A. Jack Dorsey, Biz Stone, Evan Williams, Noah Glass What is Silicon Valley Bank Founded in 1983, the bank grew to become the 16th-largest in the U.S, with 210. Ward Parkinson, Joe Parkinson, Doug Pitman, Dennis Wilsonĭavid Loo, Fred Luddy, Don Goodliffe, Bow Ruggeri Here’s how the crisis unfolded and what it means for the tech and financial sectors. Irwin Mark Jacobs, Adelia A Coffman, Andrew Viterbi, Klein Gilhousen, Andrew Cohen, Harvey White, Franklin Antonio ![]() Peter Thiel, Luke Nosek, Ken Howery, Max Levchin, Yu Pan The detailed list of companies with non-founder CEOs can be found below: Logo Out of the 50 tech companies that we identified as non-founder operated, only 5 of them were led by women. Silicon Valley Classic CBS 48 Hours Did Paul Freshour write the anonymous. It is important to note that all of the CEOs named above are men, as women CEOs are still underrepresented in tech companies. Nadella has earned a bachelor’s degree in electrical engineering from Mangalore University, a Master’s in computer science from the University of Wisconsin and a MBA from the University of Chicago. He most recently served as EVP of the Cloud and Enterprise group at Microsoft. ![]() Satya Nadella became the CEO of Microsoft in February 2014, after being with the company for 22 years. This should not come as a surprise, as studies have shown that Asian Americans are often promoted to executive positions in a company during times of uncertainty. In fact, out of the 50 internet technology companies that The Org identified with non-founder CEOs almost half of them were run by people of color. Most recently to join the group of non-founder CEO companies is Twitter, which appointed 37-year-old Parag Agrawal to its most senior position.Īgrawal is one of the youngest CEOs to lead an S&P 500 company and has also become part of the growing number of Indian-American CEOs in Silicon Valley. “Each founder has to weigh their own situation, and their calculus could come out differently.” And if you’re bringing that talent in from the outside, having the CEO title will not only attract better talent… but empower an outsider within the company,” Martin Casado, General Partner at Andreessen Horowitz, wrote in a blog post. “As a company transitions from product to sales, and scales its operations, the skills required change. The decision for founders to remove themselves from a company that they built from scratch is often a difficult one and can significantly impact the trajectory of a business. Over the past few years, as large tech companies begin to mature, we have seen that there has been a slow shift in leadership, with founders stepping down from the CEO role and making way for a new group of executives to take on the most senior position at their company. Big tech companies have drastically changed the way we live our daily lives, and the founders of these businesses have amassed significant wealth. ![]()
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