LOB - Live Oak Bancshares Announces Executive Appointments Including Walter J. Phifer Named as Chief Financial Officer | Benzinga
WILMINGTON, N.C., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares announced today that its Board of Directors has made several organizational appointments including naming a new Chief Financial Officer and President of Live Oak Bancshares.
In a natural evolution of his position as general partner and co-founder of Canapi Ventures, Neil L. Underwood has announced that he is stepping down as President of Live Oak Bancshares. William C. (BJ) Losch III, who has been serving as both President of Live Oak Bank and CFO, will add the additional role of President of Live Oak Bancshares effective today and will step down as CFO at the end of this year. To fill that role, the board announced Walter J. Phifer as CFO of Live Oak Bancshares and Live Oak Bank effective January 1, 2024.
"Since joining Live Oak eight years ago, I have had the privilege of being part of an exciting company with a business model that is unmatched in the financial services industry," said Phifer. "I am grateful to continue this journey as CFO and help further the financial health of our organization and our mission ...