Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment


                   of Certain Officers; Compensatory Arrangements of Certain Officers

On September 14, 2022, SVB Financial Group (the "Company") announced that its Board of Directors had appointed Thomas C. King as a director of the Company and its wholly owned subsidiary, Silicon Valley Bank, effective September 13, 2022. Mr. King will also serve as a member of the Board's Compensation and Human Capital Committee.

Mr. King will enter into the Company's standard form of Indemnification Agreement for directors, and in connection with his service as a director, he will be entitled to compensation in accordance with the Company's compensation practices, subject to proration to reflect the commencement date of his service. The Company's director compensation practices are described under the caption "Compensation for Directors" in the Company's definitive proxy statement filed on March 4, 2022. There are no arrangements or understandings between Mr. King and any other persons pursuant to which Mr. King was appointed as a director. There are no transactions in which Mr. King has an interest requiring disclosure under Item 404(a) of Regulation S-K.

A copy of the press release announcing the appointment of Mr. King is filed as Exhibit 99.1 to this report and is incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits.




(d) Exhibits.
   Exhibit No.     Description

       99.1          Press Release, dated September 14, 2022, announcing the election of Thomas
                   C. King to the Board of Directors
       104         Cover Page Interactive Data File (embedded within the Inline XBRL document).

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