Live Oak Bancshares appoints Jeffrey W. Lunsford to board of directors

Live Oak Bancshares, Inc.

Appointed Jeffrey W. Lunsford to board of Live Oak Bancshares and Live Oak Bank, effective August 12, 2025.
Lunsford is Chairman & CEO of Tealium, co-founder & Chairman of DefenseStorm, a cybersecurity firm providing services to Live Oak.
Related party disclosure: Live Oak paid DefenseStorm $469K in 2024 and $485K in 2025 for IT/cybersecurity solutions.
Lunsford and family own 8.83% of DefenseStorm; Live Oak Ventures owns 4.49%; other insiders own 3.96%.

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