Markets Wired

La Jolla, CA, October 07, 2019 –(PR.com)– Silvergate Bank has named Antonio “Tony” Martino as Chief Financial Officer and Michael Lempres as a Director.

Mr. Martino was most recently Chief Financial Officer of LendingPoint, an Atlanta-based, privately held, fintech lender that recently placed No. 17 on Inc. magazine’s annual ranking of the nation’s fastest growing companies. He began his professional career at Ernst & Young where he was responsible for audit, tax, and consulting services. Mr. Martino then transitioned to a senior manager role at BMO Bank of Montreal, followed by 17 years with Citigroup, Inc. in various senior finance and chief financial officer roles in North America, Europe, and the Middle East.

Mr. Lempres is executive in residence at venture capital firm Andreessen Horowitz. He previously was chief legal and risk officer of Coinbase, Inc., the nation’s leading digital currency exchange, general counsel of BitNet, Inc., an early digital currency company, and the senior attorney at Silicon Valley Bank. Mr. Lempres was earlier a White House Fellow and held positions in the U.S. Department of Justice, including deputy associate attorney general. He graduated from Dartmouth College and Boalt Hall School of Law, University of California, Berkeley.

“Tony is an accomplished professional with over 25 years of experience in regulated financial services,” said Alan Lane, Silvergate Chief Executive Officer. “His extensive background in finance, strategy, planning, and leading businesses through significant growth will be a valuable addition to the Silvergate executive team. We are pleased to welcome Tony to Silvergate and look forward to his contributions to our further growth.”

“Silvergate is fortunate to have Mike Lempres join our board of directors,” Mr. Lane continued. “His diverse background in the digital currency industry, venture capital, banking and government is a strong addition to our board as we continue to pursue our strategy of creating the banking platform for innovators.”

About Silvergate:
Silvergate Bank is a San Diego-based bank that opened in 1988 and is a subsidiary of Silvergate Capital Corporation. Silvergate’s headquarters office is located at 4250 Executive Square, La Jolla, CA 92037.

For more information, please visit www.silvergate.com.

Statements concerning future performance, developments or events, expectations for growth and income forecasts, and any other guidance on future periods, constitute forward-looking statements that are subject to a number of risks and uncertainties. Actual results may differ materially from stated expectations. When used in this release, the words or phrases such as “will continue,” “is anticipated,” “estimate,” “expect,” “projected,” “believe,” “seeking,” or similar expressions, are intended to identify “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Readers should not place undue reliance on the forward-looking statements, which reflect views only as of the date hereof. Neither Silvergate Capital Corporation nor Silvergate Bank undertakes any obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.