1. Lending Club Announces New CEO, Workforce Reduction Plans

    Lending Club Announces New CEO, Workforce Reduction Plans

    Lending Club higher ahead of annual meeting as it cuts jobs (Seeking Alpha) One of the most hard-hit stocks over the past few months has been LendingClub Corp (NYSE: LC ) after the company saw its CEO Renaud Laplanche resign in May. LendingClub's board of directors oversaw an internal review of $22 million in sales of near-prime loans that Laplanche conducted...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Sponsored Content
  2. Quotes

    1. Scott and the management team have demonstrated they can lead Lending Club through this turbulent time.
    2. We have demonstrated the power of the Lending Club marketplace model to generate attractive, risk adjusted returns to investors.
  3. Topics Mentioned

  4. Authors