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EX-99.1 - EXHIBIT 99.1 - Live Oak Bancshares, Inc.pressreleasejan7.htm


UNITED STATES
 
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 6, 2016
LIVE OAK BANCSHARES, INC.
(Exact name of registrant as specified in its charter)
 
 
 
 
 
North Carolina
 
001-37497
 
26-4596286
(State or other jurisdiction
of incorporation)
 
(Commission File Number)
 
(IRS Employer
Identification No.)
 
 
 
 
 
1741 Tiburon Drive, Wilmington, NC
 
28403
(Address of principal executive offices)
 
(Zip Code)
 
 
 
 
 
Registrant’s telephone number, including area code: (910) 790-5867
 
 
 
 
 
Not Applicable
(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
On January 6, 2016, the Board of Directors of Live Oak Banchares, Inc. (the "Company") appointed Greg Thompson to the role of Chief Operating Officer. Mr. Thompson, 52, recently joined Live Oak to lead the newly launched e-Lending initiative. Prior to joining Live Oak, Mr. Thompson was Executive Vice President of Shared Services at Square 1 Bank. Before joining Square 1 Bank, he was Managing Director of GB Thompson and Associates, LLC, providing bank advisory and consulting services to community banks in the Carolinas from September 2009 until August 2011.

A copy of the Company's press release announcing Mr. Thompson's appointment is filed as Exhibit 99.1 hereto and incorporated by reference herein.


Item 9.01.
Financial Statements and Exhibits.
 
 
(d)
Exhibits
 
Exhibit No.
 
Description
99.1
 
Press release dated January 7, 2016







SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
LIVE OAK BANCSHARES, INC.
 
By:
  /s/ S. Brett Caines                   
 
 
S. Brett Caines
 
 
Chief Financial Officer
 
 
 
Dated: January 8, 2016