Neil L. Underwood
Board Member
Live Oak Bancshares, Inc. (LOB)Personal wealth note: Equibles reports source-backed professional activity and disclosed compensation; it does not estimate personal net worth.
About Neil L. Underwood
Neil L. Underwood is recorded as Board Member at Live Oak Bancshares, Inc. (LOB). Live Oak Bancshares, Inc. reported in an 8-K filed May 22, 2026 that Neil L. Underwood was appointed Director, effective May 19, 2026. Live Oak Bancshares, Inc. reported in an 8-K filed November 15, 2023 that Neil L. Underwood resigned as President of Live Oak Bancshares, effective November 14, 2023. The proxy statement of Live Oak Bancshares, Inc. reports total compensation of $979,084 for Neil L. Underwood in fiscal 2021, including a base salary of $707,712. Disclosed compensation is on record for 5 fiscal years.
“Shareholders elected Tonya W. Bradford, William H. Cameron, David G. Lucht, Jeffrey W. Lunsford, James S. Mahan III, Patrick T. McHenry, Miltom E. Petty, Neil L. Underwood, Yousef A. Valine, and William L. Williams III to the Board of Directors for terms of one year;”
“On November 14, 2023, Neil L. Underwood, President of Live Oak Bancshares, Inc. (the "Company"), the holding company for Live Oak Banking Company (the "Bank"), resigned from his role as President of the Company.”
Summary generated from SEC filings and earnings-call records held by Equibles.
Affiliation history
Recorded current and former roles; source labels appear when available.
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Current
2026-05-19–present
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Live Oak Bancshares, Inc. (LOB)
Proxy statement
Start not stated–2023-11-14
Company network
Recorded roles and call appearances connecting this person to public companies.
Leadership on record at Live Oak Bancshares, Inc.
Other people whose current roles at this company are on record from its filings.
- James S. Mahan III CEO, Board Member
- William L. Williams III Chairman, Board Member
- Walter J. Phifer CFO
- William C. (BJ) Losch III CFO
- Gregory Seward General Counsel
- Matthew S. Diffley Chief Accounting Officer
- Casey Stuart Crawford Board Member
- David G. Lucht Board Member
- Jeffrey W. Lunsford Board Member
- Jeffrey Williams Lunsford Board Member
Executive compensation
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2021 | Live Oak Bancshares, Inc. (LOB) | President | $707,712 | $979,084 |
| 2020 | Live Oak Bancshares, Inc. (LOB) | President | $702,000 | $820,515 |
| 2019 | Live Oak Bancshares, Inc. (LOB) | President | $702,000 | $832,455 |
| 2018 | Live Oak Bancshares, Inc. (LOB) | President | $702,000 | $805,111 |
| 2017 | Live Oak Bancshares, Inc. (LOB) | President | $702,000 | $794,971 |
Recent activity
Earnings-call and investor-event appearances, plus filed executive appointments or departures, newest first.