8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 12, 2015

SVB Financial Group

(Exact name of registrant as specified in its charter)

Delaware	000-15637	91-1962278
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

3003 Tasman Drive, Santa Clara, CA 95054-1191

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code:(408) 654-7400

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.142-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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

(d) On and effective as of May 12, 2015, the Board of Directors of SVB Financial Group (the “Company”) elected Ms. Mary Miller as a director and appointed her as a member of the Finance Committee.

In connection with her service to the Company as a director, Ms. Miller will be entitled to compensation in accordance with the Company’s director compensation practices, which includes annual cash retainers and meeting fees, as well as annual grants of director equity awards.

Ms. Miller does not have any familial relationship with any director or executive officer of the Company or any person nominated or chosen by the Company to become a director or executive officer. Additionally, there are no transactions in which Ms. Miller has an interest requiring disclosure under Item 404(a) of SEC Regulation S-K.  Ms. Miller has also entered into the Company’s standard form of Indemnification Agreement for directors.

A copy of the press release announcing the election of Ms. Miller is filed herewith as Exhibit 99.1 and incorporated hereby reference.

Item 9.01    Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.	Description
99.1	Press Release, dated May 13, 2015, announcing the election of Mary Miller to the Board of Directors.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: May 13, 2015	SVB FINANCIAL GROUP
	By:	/s/ Greg Becker
	Name:	Greg Becker
	Title:	President and Chief Executive Officer

EX-99.1

Exhibit 99.1

SVB Financial Group Appoints Mary John Miller, formerly of the U.S. Treasury Department, to its Board of Directors

SANTA CLARA, Calif. -- May 13, 2015 -SVB Financial Group today announced the appointment of Mary JohnMiller, former Under Secretary for Domestic Finance for the U.S. Department of the Treasury, to its board of directors. SVB Financial Group is the parent company of Silicon Valley Bank, the bank of the world’s most innovative companies and their investors.

“As we continue to grow SVB both domestically and globally, Mary adds valuable skills to the board. Her investment and regulatory knowledge as well as cultural alignment will enable Mary to add unique perspective and insight,” said Roger Dunbar, Chairman of the Board of SVB Financial Group. “As we strive to be the most sought after financial partner in the innovation sector, Mary will be an important part of our board.”

Silicon Valley Bank helps address the unique needs of entrepreneurs, innovative companies and their investors in technology and life science sectors. The company offers a range of specialized financial services through locations around the world. With nearly $40 billion in assets and more than 1,900 employees globally, SVB strives to improve the probability of its clients’ success.

“Helping our clients bring new innovations to a global marketplace requires the kind of financial acumen, leadership and experience that Mary will bring as an advisor to SVB,” said Greg Becker, President and CEO of SVB Financial Group and Silicon Valley Bank. “We are grateful for Mary’s enthusiasm in joining our board to help us successfully maintain and grow our central role in the innovation economy.”

“Silicon Valley Bank is a dynamic bank serving key sectors of the U.S. and world economy” said Mary John Miller. “Its work with technology and healthcare companies fuels new job growth and creates an environment that fosters innovation. I’m excited to join this board and be a part of SVB.”

Miller served in two Presidential appointments at the U.S. Treasury, from her Senate confirmation as Assistant Secretary for Financial Markets in February 2010 through her subsequent confirmation as Under Secretary of Domestic Finance in March 2012. In these roles she was responsible for managing the federal debt, overseeing financial regulatory reforms, overseeing the fiscal operations of the U.S. government, and advising the Secretary on Treasury’s policies and guidance in these areas. Miller resigned from her role as Under Secretary in September 2014.

Prior to joining the U.S. Treasury Department, Miller spent 26 years at T. Rowe Price Group in Baltimore, Maryland. In 2004 she became the director of the Fixed Income Division and a member of the firm’s Management Committee.

For more information about SVB, visit www.svb.com.

About SVB Financial Group

For more than 30 years, SVB Financial Group (NASDAQ: SIVB) and its subsidiaries have helped innovative companies and their investors move bold ideas forward, fast. SVB Financial Group’s businesses, including Silicon Valley Bank, offer commercial and private banking, asset management, private wealth management, brokerage and investment services, funds management and business valuation services to companies in the technology, life science and healthcare, private equity and venture capital, and premium wine industries. Headquartered in Santa Clara, California, SVB Financial Group operates in centers of innovation around the world. Learn more at svb.com.

Banking services are provided by Silicon Valley Bank, member FDIC. SVB Financial Group and Silicon Valley Bank are members of the Federal Reserve System.

Contacts:

Carrie Merritt        

SVB Financial Group/ Silicon Valley Bank                         

503.574.3705

cmerritt@svb.com

@SVBCarrie