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
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2022 | n/a | n/a | US$290m |
| Sep 30 2022 | n/a | n/a | US$295m |
| Jun 30 2022 | n/a | n/a | US$279m |
| Mar 31 2022 | n/a | n/a | US$107m |
| Dec 31 2021 | US$7m | US$500k | US$19m |
| Sep 30 2021 | n/a | n/a | -US$37m |
| Jun 30 2021 | n/a | n/a | -US$99m |
| Mar 31 2021 | n/a | n/a | -US$187m |
| Dec 31 2020 | US$6m | US$400k | -US$188m |
| Sep 30 2020 | n/a | n/a | -US$161m |
| Jun 30 2020 | n/a | n/a | -US$127m |
| Mar 31 2020 | n/a | n/a | -US$59m |
| Dec 31 2019 | US$6m | US$500k | -US$31m |
| Sep 30 2019 | n/a | n/a | -US$44m |
| Jun 30 2019 | n/a | n/a | -US$67m |
| Mar 31 2019 | n/a | n/a | -US$117m |
| Dec 31 2018 | US$6m | US$500k | -US$128m |
| Sep 30 2018 | n/a | n/a | -US$207m |
| Jun 30 2018 | n/a | n/a | -US$191m |
| Mar 31 2018 | n/a | n/a | -US$155m |
| Dec 31 2017 | US$7m | US$500k | -US$154m |
| Sep 30 2017 | n/a | n/a | -US$94m |
| Jun 30 2017 | n/a | n/a | -US$124m |
| Mar 31 2017 | n/a | n/a | -US$180m |
| Dec 31 2016 | US$11m | US$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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.67yrs | US$6.94m | 1.06% $ 11.1m | |
| Chief Administrative Officer & Corporate Secretary | 4.08yrs | US$2.23m | 0.15% $ 1.5m | |
| Chief Capital Officer | 6.42yrs | US$2.11m | 0.16% $ 1.7m | |
| Chief Consumer Banking Officer | no data | US$3.36m | 0.17% $ 1.8m | |
| Chief Financial Officer | 1yr | no data | 0.014% $ 149.0k | |
| Principal Accounting Officer & Corporate Controller | 5.42yrs | no data | 0.14% $ 1.4m | |
| Chief Technology Officer | 0.92yr | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Chief People Officer | 2.25yrs | no data | no data | |
| Head of Retail Investors & Senior VP | 6.42yrs | no data | no data | |
| Chief Risk Officer | no data | US$3.53m | 0.16% $ 1.6m | |
| Chief Audit Executive | 3yrs | no data | no data |
4.1yrs
Average Tenure
51yo
Average Age
Experienced Management: LC's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.42yrs | US$6.94m | 1.06% $ 11.1m | |
| Independent Director | 1.92yrs | US$374.27k | 0.046% $ 480.3k | |
| Independent Director | 3.33yrs | US$287.62k | 0.062% $ 651.5k | |
| Independent Director | 6.42yrs | US$295.29k | 0.084% $ 881.9k | |
| Director | 0.42yr | no data | 0.000060% $ 626.5 | |
| Independent Chairman | 9.92yrs | US$313.41k | 0.15% $ 1.6m | |
| Independent Director | 1.92yrs | US$366.98k | 0.0085% $ 88.6k | |
| Director | 0.42yr | no data | 0.000060% $ 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.