---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-031875"
form_type: "8-K"
ticker: "LOB"
cik: "0001462120"
company_name: "Live Oak Bancshares, Inc."
filed_at: "2022-09-19T23:59:59+00:00"
generated_at: "2026-06-23T08:47:32.335458+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Live Oak Bancshares appoints Yousef A. Valine to board of directors effective Sept 15

## Summary
- Valine appointed to boards of Live Oak Bancshares and its banking subsidiary, Live Oak Bank.
- He brings 37+ years in financial services, including COO/CRO at First Horizon and executive roles at Wachovia.
- Will receive standard non-employee director compensation pro-rated until next annual meeting.
- Board committees for Valine not yet determined.

## SEC filing metadata
- accession: 0001564590-22-031875
- form_type: 8-K
- ticker: LOB
- cik: 0001462120
- company_name: Live Oak Bancshares, Inc.
- filed_at: 2022-09-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462120/000156459022031875/0001564590-22-031875-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462120/000156459022031875/lob-8k_20220915.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-031875
- JSON: https://secwatch.observer/filing/0001564590-22-031875.json
- Plain text: https://secwatch.observer/filing/0001564590-22-031875.txt

## Key facts
- Executive change
  Yousef Aziz Valine was appointed as Board member at Live Oak Bancshares, Inc..
  - Action: appointed
  - Role: Board member
  source text: Effective September 15, 2022, the Board of Directors (the “Board”) of Live Oak Bancshares, Inc. (the “Company”) appointed Yousef Aziz Valine to serve as a Board member until the Company’s next annual meeting of shareholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1462120/000156459022031875/0001564590-22-031875-index.htm

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