Live Oak Bancshares Appoints Jeffrey Lunsford to Board of Directors

Friday, Aug 15, 2025 4:43 pm ET1min read

Live Oak Bancshares has appointed Jeffrey W. Lunsford to its board of directors, and he will also join the board of Live Oak Bank. Lunsford is a technology expert with three decades of experience leading fintech, internet, and software companies. He will bring technical expertise to the board and help Live Oak continue to redefine what it means to build a community bank of the future.

Live Oak Bancshares, Inc. (NYSE: LOB) has appointed Jeffrey W. Lunsford to its board of directors, marking a significant addition to the company's leadership team. Lunsford will also join the board of Live Oak Bank, the company's banking subsidiary. This appointment brings a wealth of technical expertise to the board, aligning with Live Oak Bancshares' mission to innovate in the financial services sector.

Jeffrey W. Lunsford is a seasoned technology veteran with three decades of experience leading fintech, internet, and software companies. He currently serves as Chairman and CEO of Tealium, a global provider of customer data infrastructure for the AI era. Prior to his current role, Lunsford held leadership positions at Limelight Networks, WebSideStory, TogetherSoft, and S1 Corporation. His extensive background in technology and financial services makes him an ideal fit for Live Oak Bancshares.

Live Oak Bancshares Chairman and CEO James S. (Chip) Mahan III stated, "Jeff brings a deep level of technical expertise to our board. His skill sets are an excellent match for Live Oak as we continue to redefine what it means to build a community bank of the future." Lunsford expressed enthusiasm about collaborating with the Live Oak team to innovate and enhance customer experiences in banking.

Lunsford's appointment follows a trend of strategic hires by Live Oak Bancshares, which has been operating at the forefront of innovation in financial services for decades. The company aims to become America’s small business bank and redefine banking through technology-driven solutions.

References:
[1] https://www.nasdaq.com/press-release/live-oak-bancshares-announces-appointment-jeffrey-w-lunsford-board-directors-2025-08
[2] https://www.quiverquant.com/news/Live+Oak+Bancshares+Appoints+Jeffrey+W.+Lunsford+to+Board+of+Directors
[3] https://www.theglobeandmail.com/investing/markets/stocks/LOB-N/pressreleases/34088963/live-oak-bancshares-announces-appointment-of-jeffrey-w-lunsford-to-board-of-directors/

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