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Live Oak Bancshares, Inc. (LOB)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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71.70-1.18 (-1.62%)
At close: 4:00PM EDT

Live Oak Bancshares, Inc.

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

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees701

Key Executives

NameTitlePayExercisedYear Born
Mr. James S. Mahan IIIChairman & CEO821.77kN/A1952
Mr. Neil Lawrence UnderwoodPres & Director820.51kN/A1969
Mr. Steven J. SmitsChief Credit Officer492.51k1.84M1967
Mr. Huntley Garriott Jr.Pres of Live Oak Banking Company986.18kN/A1976
Mr. William L. Williams IIIVice Chairman & Exec. VPN/AN/A1952
Mr. William C. Losch IIIChief Financial OfficerN/AN/A1971
Mr. John Wesley SutherlandChief Accounting OfficerN/AN/A1971
Mr. Renato DerraikChief Information & Digital OfficerN/AN/AN/A
Mr. Gregory W. SewardExec. VP & Gen. CounselN/AN/A1976
Ms. Claire ParkerSr. VP of Corp. CommunicationsN/AN/AN/A
Amounts are as of December 31, 2020 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 commercial banking products and services to individuals, small businesses, and professionals in North Carolina, the United States. 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; wealth and investment management services to high-net-worth individuals and families; investment advisory services to new funds focused on providing venture capital to new and emerging financial technology companies; and an on-site restaurant location to company employees and business visitors. 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 July 1, 2021 is 8. The pillar scores are Audit: 6; Board: 9; Shareholder Rights: 6; 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.