secwatch.observer — SEC 8-K summary
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Issuer:     loanDepot, Inc. (LDI)
CIK:        0001831631
Form:       8-K
Filed at:   2021-07-30T23:59:59+00:00
Accession:  0001831631-21-000067
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

loanDepot appoints two independent directors to its Board
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- Michael Linton and Pamela Hughes Patenaude appointed as Class I and Class II independent directors, effective July 28, 2021.
- Linton to serve on Compensation Committee; Patenaude on Audit Committee.
- Each director receives annual retainer of $250,000, paid 50% cash and 50% equity.
- Linton brings consumer marketing expertise (former eBay, Best Buy CMO); Patenaude is former HUD Deputy Secretary with housing policy background.
- Appointments intended to strengthen loanDepot's strategic growth and governance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831631/000183163121000067/0001831631-21-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831631/000183163121000067/ldi-20210728.htm
  HTML page:      https://secwatch.observer/filing/0001831631-21-000067

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer