LendingClub announces CFO transition: Tom Casey to retire, Andrew LaBenne appointed effective Sept 1, 2022

LendingClub Corp

Tom Casey retiring as CFO and from Board effective Aug 31, 2022; will remain an employee through Jan 1, 2023.
Andrew LaBenne appointed CFO effective Sept 1, 2022; previously CFO of Bakkt, Amalgamated Bank, JPMorgan Business Banking.
LaBenne receives $425K base salary, 85% bonus target, $3.5M RSU (3yr vest), and $183.2K signing bonus with 24-month clawback.
Casey's retirement is not due to any disagreement with LendingClub.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Andrew LaBenne

Chief Financial Officer

LC · LendingClub Corp

Effective: 2022-09-01
Filed: July 27, 2022, 7:59 PM ET

the Board approved the appointment of Andrew LaBenne, age 48, as the Company’s Chief Financial Officer effective September 1, 2022.

Departed

Thomas Casey

Director

LC · LendingClub Corp

Effective: 2022-08-31
Filed: July 27, 2022, 7:59 PM ET

Thomas Casey notified LendingClub Corporation (the “Company”) of his intention to: (i) retire from his role as Chief Financial Officer at the Company and (ii) resign from his position on the Company's Board of Directors (the “Board”), each effective August 31, 2022.

Departed

Thomas Casey

Chief Financial Officer

LC · LendingClub Corp

Effective: 2022-08-31
Successor: Andrew LaBenne
Filed: July 27, 2022, 7:59 PM ET

Thomas Casey notified LendingClub Corporation (the “Company”) of his intention to: (i) retire from his role as Chief Financial Officer at the Company and (ii) resign from his position on the Company's Board of Directors (the “Board”), each effective August 31, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Andrew LaBenne was appointed as Chief Financial Officer at LendingClub Corp.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

the Board approved the appointment of Andrew LaBenne, age 48, as the Company’s Chief Financial Officer effective September 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas Casey resigned as Director at LendingClub Corp.

Action: resigned
Role: Director

Exact text from the filing

Thomas Casey notified LendingClub Corporation (the “Company”) of his intention to: (i) retire from his role as Chief Financial Officer at the Company and (ii) resign from his position on the Company's Board of Directors (the “Board”), each effective August 31, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas Casey retired as Chief Financial Officer at LendingClub Corp.

Action: retired
Role: Chief Financial Officer

Exact text from the filing

Thomas Casey notified LendingClub Corporation (the “Company”) of his intention to: (i) retire from his role as Chief Financial Officer at the Company and (ii) resign from his position on the Company's Board of Directors (the “Board”), each effective August 31, 2022.

View on SEC.gov

LendingClub Corp filing history →

Source: SEC EDGAR

accession 0001409970-22-000038

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