The digital lender said in
a press release Monday that Faiz Ahmad and Kathryn Reimann will become
directors on Aug. 15. The company also said that Patricia McCord would step
down from the board on Sept. 30.
Reimann is an adjunct
professor at New York University School of Law, where she focuses on corporate
compliance and enforcement. She previously served as chief compliance officer
at Citibank. She will join the audit, credit risk and finance, and operational risk committees.
Ahmad was CEO of director
to consumer at Optum, a unit of United Health Group. He has also held
leadership posts at Apple and Delta Airlines. He will join the board’s compensation,
nominating and corporate governance and operational risk committees.
"We are thrilled to
welcome two new board members with a wealth of experience in both consumer and
financial services as we evolve our business and brand in this next phase of
growth,” Scott Sanborn, LendingClub’s CEO, said in the release.
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