secwatch / observer
8-K filed June 18, 2026, 4:15 PM ET ticker LOB CIK 0001462120
leadership confidence high sentiment neutral materiality 0.50

Chief Accounting Officer J. Wesley Sutherland departs; CFO Walter J. Phifer assumes interim role

Live Oak Bancshares, Inc.

Executive movements

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

Departed

J. Wesley Sutherland

Chief Accounting Officer
LOB · Live Oak Bancshares, Inc.
Effective
2026-06-16
Successor
Walter J. Phifer
Filed
June 18, 2026, 4:15 PM ET
On June 18, 2026, Live Oak Bancshares, Inc. (the “Company”) announced that J. Wesley Sutherland will no longer serve as the Chief Accounting Officer of the Company or its subsidiary Live Oak Banking Company (the “Bank”).
Appointed (interim)

Walter J. Phifer

Principal Accounting Officer
LOB · Live Oak Bancshares, Inc.
Effective
2026-06-16
Filed
June 18, 2026, 4:15 PM ET
Effective June 16, 2026, Walter J. Phifer assumed the role of Principal Accounting Officer on an interim basis while the Company completes an external search for a successor to Mr. Sutherland.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

J. Wesley Sutherland departed as Chief Accounting Officer at Live Oak Bancshares, Inc..

Action
will no longer serve
Role
Chief Accounting Officer
Exact text from the filing
On June 18, 2026, Live Oak Bancshares, Inc. (the “Company”) announced that J. Wesley Sutherland will no longer serve as the Chief Accounting Officer of the Company or its subsidiary Live Oak Banking Company (the “Bank”).
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Walter J. Phifer was appointed as Principal Accounting Officer at Live Oak Bancshares, Inc..

Action
assumed
Role
Principal Accounting Officer
Exact text from the filing
Effective June 16, 2026, Walter J. Phifer assumed the role of Principal Accounting Officer on an interim basis while the Company completes an external search for a successor to Mr. Sutherland.
View on SEC.gov

Live Oak Bancshares, Inc. filing history →

Source: SEC EDGAR
accession 0001462120-26-000047
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