---
schema_version: "secwatch.filing_event.v1"
accession: "0001409970-22-000038"
form_type: "8-K"
ticker: "LC"
cik: "0001409970"
company_name: "LendingClub Corp"
filed_at: "2022-07-27T23:59:59+00:00"
generated_at: "2026-06-24T08:05:04.850319+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001409970-22-000038
- form_type: 8-K
- ticker: LC
- cik: 0001409970
- company_name: LendingClub Corp
- filed_at: 2022-07-27T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409970/000140997022000038/0001409970-22-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409970/000140997022000038/lc-20220726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001409970-22-000038
- JSON: https://secwatch.observer/filing/0001409970-22-000038.json
- Plain text: https://secwatch.observer/filing/0001409970-22-000038.txt

## Key facts
- Executive change
  Andrew LaBenne was appointed as Chief Financial Officer at LendingClub Corp.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: the Board approved the appointment of Andrew LaBenne, age 48, as the Company’s Chief Financial Officer effective September 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1409970/000140997022000038/0001409970-22-000038-index.htm
- Executive change
  Thomas Casey resigned as Director at LendingClub Corp.
  - Action: resigned
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1409970/000140997022000038/0001409970-22-000038-index.htm
- Executive change
  Thomas Casey retired as Chief Financial Officer at LendingClub Corp.
  - Action: retired
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1409970/000140997022000038/0001409970-22-000038-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.