Kay Matthews Becomes Chair of SVB Board of Directors
"Over the last three years, a period of dramatic growth and expansion for SVB, Kay's insight, experience and leadership have been invaluable," said
"SVB continues to grow and innovate in all four core areas of the business, further solidifying its position as an essential partner to innovation sector clients," said Matthews. "It's an exciting moment in SVB's history and a great opportunity to continue to share my tech and finance experience with board colleagues and SVB leaders, and together launch the next chapter."
Matthews brings extensive experience working with technology, venture capital and private equity firms, with a focus on finance, accounting and auditing. During her Ernst & Young career, she served clients ranging from early-stage venture-backed companies to Fortune 500 companies across industries including software, semiconductor, defense, transportation, consumer products and healthcare. In her advisory and leadership roles, she served as a strategic resource for client management, developed and led strategies to transform business models in a regulated industry, developed expertise on the impact of disruptive business models and led strategies around enterprise risk and innovation of services to leverage new and innovative technologies.
In addition to her role with SVB, Matthews also serves on the boards of Coherent, Inc. and Main Street Capital Corp. She is a member of the Advisory Board of the Texas Tech Rawls School of Business and was named 2020 Distinguished Alumni of the Rawls School of Business. She earned a bachelor's degree in accounting from Texas Tech University.
Matthews succeeds former board chair
About SVB
SVB is the financial partner of the innovation economy, helping individuals, investors and the world's most innovative companies achieve their ambitious goals. SVB's businesses - Silicon Valley Bank, SVB Capital, SVB Private and SVB Securities - together offer the services that dynamic and fast-growing clients require as they grow, including commercial banking, venture investing, wealth planning and investment banking. Headquartered in
SVB Financial Group (SIVB) is the holding company for all business units and groups. © 2022 SVB Financial Group (SIVB). All rights reserved. SVB, SVB FINANCIAL GROUP (SIVB), SILICON VALLEY BANK, SVB SECURITIES, SVB PRIVATE, SVB CAPITAL and the chevron device are trademarks of SVB Financial Group (SIVB), used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the
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SOURCE Silicon Valley Bank