(Reuters) – SVB Financial Group CEO Gregory Becker and financial chief Daniel Beck resigned this week, the collapsed lender said in a regulatory filing on Friday.
Becker resigned on April 19, while Beck left the company on April 18, it said.
The two top executives were sued in March by shareholders who accused them of concealing how rising interest rates would leave its Silicon Valley Bank unit “particularly susceptible” to a bank run.
(Reporting by Mehnaz Yasmin in Bengaluru; Editing by Anil D’Silva)
