LendingClub Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average management tenure


CEO

Scott Sanborn (53 yo)

6.42yrs

Tenure

US$6,938,099

Compensation

Mr. Scott C. Sanborn has been the Chief Executive Officer of LendingClub Corporation since June 28, 2016. Mr. Sanborn served as the President of LendingClub Corporation since April 18, 2016 until May 22, 2...


CEO Compensation Analysis

How has Scott Sanborn's remuneration changed compared to LendingClub's earnings?
DateTotal Comp.SalaryCompany Earnings
Dec 31 2022n/an/a

US$290m

Sep 30 2022n/an/a

US$295m

Jun 30 2022n/an/a

US$279m

Mar 31 2022n/an/a

US$107m

Dec 31 2021US$7mUS$500k

US$19m

Sep 30 2021n/an/a

-US$37m

Jun 30 2021n/an/a

-US$99m

Mar 31 2021n/an/a

-US$187m

Dec 31 2020US$6mUS$400k

-US$188m

Sep 30 2020n/an/a

-US$161m

Jun 30 2020n/an/a

-US$127m

Mar 31 2020n/an/a

-US$59m

Dec 31 2019US$6mUS$500k

-US$31m

Sep 30 2019n/an/a

-US$44m

Jun 30 2019n/an/a

-US$67m

Mar 31 2019n/an/a

-US$117m

Dec 31 2018US$6mUS$500k

-US$128m

Sep 30 2018n/an/a

-US$207m

Jun 30 2018n/an/a

-US$191m

Mar 31 2018n/an/a

-US$155m

Dec 31 2017US$7mUS$500k

-US$154m

Sep 30 2017n/an/a

-US$94m

Jun 30 2017n/an/a

-US$124m

Mar 31 2017n/an/a

-US$180m

Dec 31 2016US$11mUS$459k

-US$146m

Compensation vs Market: Scott's total compensation ($USD6.94M) is above average for companies of similar size in the US market ($USD3.82M).

Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Scott Sanborn
CEO & Director6.67yrsUS$6.94m1.06%
$ 11.1m
Brandon Pace
Chief Administrative Officer & Corporate Secretary4.08yrsUS$2.23m0.15%
$ 1.5m
Valerie Kay
Chief Capital Officer6.42yrsUS$2.11m0.16%
$ 1.7m
Ronnie Momen
Chief Consumer Banking Officerno dataUS$3.36m0.17%
$ 1.8m
Andrew LaBenne
Chief Financial Officer1yrno data0.014%
$ 149.0k
Fergal Stack
Principal Accounting Officer & Corporate Controller5.42yrsno data0.14%
$ 1.4m
Balaji Thiagarajan
Chief Technology Officer0.92yrno datano data
Sameer Gokhale
Head of Investor Relationsno datano datano data
Tina Wilson
Chief People Officer2.25yrsno datano data
Raman Suri
Head of Retail Investors & Senior VP6.42yrsno datano data
Annie Armstrong
Chief Risk Officerno dataUS$3.53m0.16%
$ 1.6m
Joel Schipper
Chief Audit Executive3yrsno datano data

4.1yrs

Average Tenure

51yo

Average Age

Experienced Management: LC's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Scott Sanborn
CEO & Director6.42yrsUS$6.94m1.06%
$ 11.1m
Allan Landon
Independent Director1.92yrsUS$374.27k0.046%
$ 480.3k
Michael Zeisser
Independent Director3.33yrsUS$287.62k0.062%
$ 651.5k
Timothy Mayopoulos
Independent Director6.42yrsUS$295.29k0.084%
$ 881.9k
Kathryn Reimann
Director0.42yrno data0.000060%
$ 626.5
John Morris
Independent Chairman9.92yrsUS$313.41k0.15%
$ 1.6m
Erin Selleck
Independent Director1.92yrsUS$366.98k0.0085%
$ 88.6k
Faiz Ahmad
Director0.42yrno data0.000060%
$ 626.5

2.6yrs

Average Tenure

63yo

Average Age

Experienced Board: LC's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.