secwatch.observer — SEC 8-K summary
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Issuer:     Silvergate Capital Corp (—)
CIK:        0001312109
Form:       8-K
Filed at:   2023-08-15T23:59:59+00:00
Accession:  0000950157-23-000884
Event type: leadership
Sentiment:  negative
Materiality: 0.85
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

CEO, CFO, and CLO depart as Silvergate Bank liquidation advances; new execs appointed
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- CEO Alan J. Lane and CLO John M. Bonino depart effective August 15, 2023.
- CFO Antonio Martino to depart effective September 30, 2023.
- Kathleen M. Fraher named principal executive officer; Andrew Surry named principal financial officer.
- Departing officers receive severance consistent with bank employee liquidation plan.
- No new CEO, CEO of Bank, or CFO planned due to liquidation focus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1312109/000095015723000884/0000950157-23-000884-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1312109/000095015723000884/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950157-23-000884

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