FOR IMMEDIATE RELEASE
November 2, 2020
The Silicon Valley Organization Dissolves the SVO PAC
San José, CA – Today, as first a step toward restoring its 130 year reputation, the SVO voted to immediately dissolve the SVO PAC, SVO's Political Action Committee, subject to state and local campaign finance laws and reporting requirements. The SVO PAC will immediately cease all PAC operations. SVO will hold a press conference on November 10th (location to be announced soon) at 10AM to discuss the dissolution of the PAC, results of the independent investigation into the unacceptable political campaign website image, and the formation of its Diversity and Inclusion Advisory Board.