Lending Club (NYSE: LC) has instituted a series of leadership changes, including the appointment of Timothy J. Mayopoulos, president and CEO of Fannie Mae, to the board as an independent director, the company said. Mayopoulos has 30 years of experience in financial services, including as...
As part of a sweeping series of leadership changes at Lending Club, the troubled online lender has appointed Timothy Mayopoulos, president and CEO of Fannie Mae, to the board as an independent director. Lending Club CEO, Scott Sanborn, has also joined the board. Other recent appointments include former McKinsey executive Sameer Gulati as chief operations and strategy officer, and former BlackRock senior executive Patrick Dunne as chief capital officer.