StockWatch
·
Major Banks
Management ChangeOct 20, 2026, 04:26 PM

Live Oak Bancshares: Chief Information Officer Renato Derraik Resigns

AI Summary

Live Oak Bancshares, Inc. announced that Renato Derraik has resigned from his position as Chief Information & Digital Officer of Live Oak Banking Company. His resignation is effective November 6, 2026, as he intends to pursue other opportunities. The company filed a Form 8-K detailing this management change.

Key Highlights

  • Renato Derraik resigned as Chief Information & Digital Officer of Live Oak Banking Company.
  • Mr. Derraik's last day of employment will be November 6, 2026.
  • Mr. Derraik is leaving to pursue other endeavors.