Live Oak Bancshares, Inc. (LOB)

33.18 -1.10 (-3.21%) At close: 04:00PM EDT

Live Oak Bancshares, Inc.

1741 Tiburon Drive
Wilmington, NC 28403
United States
910 790 5867
https://www.liveoakbank.com

Sector(s): Financial Services
Industry: Banks - Regional
Full Time Employees: 943

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. William C. Losch III	President	825.4k	N/A	1971
Mr. Gregory W. Seward	Chief Risk Officer & General Counsel	483.93k	89.67k	1976
Ms. Stephanie A. Mann	Chief Strategy Officer	437.71k	N/A	1975
Mr. Renato Derraik	Chief Information & Digital Officer of Bank	642.97k	N/A	1972
Mr. James S. Mahan III	Chairman & CEO	781.2k	N/A	1952
Mr. William L. Williams III	Vice Chairman & Executive VP	N/A	N/A	1952
Mr. Walter J. Phifer	Chief Financial Officer	N/A	N/A	1984
Mr. John Wesley Sutherland	Chief Accounting Officer	N/A	N/A	1971
Ms. Claire Parker	Senior Vice President of Corporate Communications	N/A	N/A	N/A
Mr. Micah S. Davis	Chief Marketing & Communications Officer	N/A	N/A	1977

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States. It operates through two segments, Banking and Fintech. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits. It also offers commercial and industrial loans; construction and development loans; owner occupied and non-owner occupied collateral commercial real estate loans; and commercial land loans. In addition, the company provides settlement, accounting, and securitization services for government guaranteed loans; financing for renewable energy application industry; wealth and investment management services to high-net-worth individuals and families; and investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies. Live Oak Bancshares, Inc. was incorporated in 2008 and is headquartered in Wilmington, North Carolina.

Corporate Governance

Live Oak Bancshares, Inc.’s ISS Governance QualityScore as of April 1, 2024 is 8. The pillar scores are Audit: 4; Board: 10; Shareholder Rights: 3; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.