The latest announcement is out from Live Oak Bancshares (LOB).
Glen F. Hoffsis has announced his plans to retire from the Boards of Directors of Live Oak Bancshares, Inc. and its subsidiary, Live Oak Banking Company, following the 2025 annual meeting, contingent on his reelection in 2024. His decision to retire is amicable, with no disagreements regarding the company’s operations, policies, or practices.
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