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May 03, 2015 6:41 PM ET

Internet Software and Services

Company Overview of LendingClub Corporation

Company Overview

LendingClub Corporation operates as an online marketplace for connecting borrowers and investors in the United States. Its marketplace facilitates various types of loan products for consumers and small businesses, including unsecured personal loans, super prime consumer loans, unsecured education and patient finance loans, and unsecured small business loans. The company also offers investors an opportunity to invest in a range of loans based on term and credit characteristics. It serves investors, such as retail investors, high-net-worth individuals and family offices, banks and finance companies, insurance companies, hedge funds, foundations, pension plans, and university endowments. The co...

71 Stevenson Street

Suite 300

San Francisco, CA 94105

United States

Founded in 2006

843 Employees

Phone:

415-632-5600

Key Executives for LendingClub Corporation

Founder, Chief Executive Officer and Director
Age: 43
Total Annual Compensation: $438.8K
Chief Financial Officer
Age: 49
Total Annual Compensation: $329.2K
Chief Operating & Marketing Officer
Age: 44
Total Annual Compensation: $345.8K
Chief Risk Officer
Age: 55
Total Annual Compensation: $295.0K
Chief Technology Officer
Age: 44
Total Annual Compensation: $300.0K
Compensation as of Fiscal Year 2014.

LendingClub Corporation Key Developments

Rebecca Lynn Not to Stand for Re-Election as Board of Director of LendingClub Corporation

On April 15, 2015, Rebecca Lynn notified LendingClub Corporation of her decision not to stand for reelection to the Board of Directors at the company’s Annual Meeting of stockholders, which will be held on June 10, 2015. Ms. Lynn will continue to serve as a director until the date of the Annual Meeting.

Lending Club Appoints Scott Hansma as Senior Vice President

Lending Club announced that Scott Hansma, chief architect at Salesforce Inc., is joining the company as senior vice president of Technology. In twelve years at Salesforce, Hansma progressed from a junior programmer to chief architect. In the process he helped shape much of Salesforce's foundational technology including search, file storage, multitenant database management, continuous integration, security, monitoring, and datacenter automation.

LendingClub Corporation(NYSE:LC) added to Russell 1000 Index

LendingClub Corporation has been added to Russell 1000 Index.

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