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Top banking moves: Silicon Valley Bank names information, technology chiefs


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Top banking moves: Silicon Valley Bank names information, technology chiefs

S&P Global Market Intelligence presents a weekly news summary of executive management and board chair-level changes in the bank and thrift industry.

Aug. 8

Beneficial Bancorp Inc. President and CEO Gerard Cuddy will become vice chairman of WSFS Bank.

The appointment is related to Wilmington, Del.-based WSFS Financial Corp.'s acquisition of Philadelphia-based Beneficial Bancorp, the completion of which is expected in the first quarter of 2019.

Aug. 7

Joy McCune succeeded Martha Higgins as chief human resources officer of Boston Private Bank & Trust Co.

McCune previously held the same position at Boston Financial Data Services Inc.

Aug. 6

John Hudgens is stepping down as chief risk officer of Dallas-based Texas Capital Bank NA in September and Texas Capital Bancshares Inc. on Dec. 31. He will remain vice chairman until his retirement in August 2019.

John Turpen will succeed Hudgens, taking over the role in the unit Sept. 10, and then in the parent company on Jan. 1, 2019. Turpen was chief risk officer of corporate and commercial banking at U.S. Bancorp.

Aug. 2

Silicon Valley Bank, a subsidiary of SVB Financial Group, appointed Nick Shevelyov chief information officer and Robin Staples chief technology officer.

Shevelyov is replacing former information chief Roger Leone, who is set to retire at the end of 2018. Shevelyov previously was chief security officer and chief privacy officer at the Santa Clara, Calif.-based bank.

Staples was promoted from head of IT digital and core banking solutions.


Warsaw, N.Y.-based Financial Institutions Inc. named Valerie Benjamin chief human resources executive, succeeding Paula Dolan.

Benjamin was associate dean and chief human resources officer for the School of Industrial and Labor Relations at Cornell University.

Dolan stepped down as director of human resources in July, but will remain with Financial Institutions and continue as human resources project manager until she retires on Dec. 31.