SVB Financial Group (SVB) announced that Roger Dunbar will retire from his role as the Chairman of the Board on April 21, 2022, after a decade in the position. He will remain in his current role through the 2022 annual shareholder meeting. Kay Matthews, current SVB board member, will become the board Chair at that time.

Board member John Clendening will step off SVB's board at the end of this term. Matthews, who will become SVB's Board Chair following the annual shareholder meeting on April 21, 2022, joined SVB's board and its Audit Committee in 2019, after retiring from her successful 36-year career at Ernst & Young where she held several leadership roles for the global organization.  Matthews is also a member of the Compensation & Human Capital Committee and Risk Committee.