Silicon Valley Bank - CIO is killing entire IT Department | Glassdoor
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There are newer employer reviews for Silicon Valley Bank

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Helpful (9)

"CIO is killing entire IT Department"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee
Doesn't Recommend
Negative Outlook
Approves of CEO

I have been working at Silicon Valley Bank full-time (More than 8 years)

Pros

SVB has a great culture and stands behind their employees with the exception of their new CIO Beth Devin.

Cons

IT morale is at an all time low. The CIO has had IT in a re-org for over a year now and still not finished. She has dissolved one of the highest performing departments and split them up across all the other depts. She moved people and created new teams before even having job descriptions or team charters. She spends more time in the business side instead of leading her IT dept. She gives more responsibility to a department that is known throughout the organization to be under performing, then goes ahead and fires the head of that department les then two month after making the change. At the same time, she fires the head of the department she dissolved even though that person successfully build a brand new team and was delivering on his tasks. She is now just cutting anyone that does not agree with her whether they are performing or not.

Advice to Management

Senior management needs to get ahead of their CIO and take the reins before she ruins a great department and lose more people then they already have

Other Employee Reviews for Silicon Valley Bank

  1. Helpful (1)

    "Great niche, distracted execution of strategy."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I worked at Silicon Valley Bank full-time

    Pros

    Fantastic niche - dominant player for venture backed start-up companies which drives great deposits, fee income, loans, warrants (albeit a finite market).

    Cons

    Spread too thinly and chasing too many initiatives that seem unprofitable (e.g. global offices). Reorganize the company frequently and retain poorer performers. Distracted execution.

    Advice to Management

    Focus.


  2. Helpful (1)

    "Good place to work, if you don't mind being surrounded by unqualified "good guys""

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Silicon Valley Bank full-time

    Pros

    Work life balance is encouraged

    Cons

    Don't necessarily need to be qualified for positions, as long as you are liked by the right people.

There are newer employer reviews for Silicon Valley Bank
There are newer employer reviews for Silicon Valley Bank

See Most Recent

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