LOB · Live Oak Bancshares, Inc.

$43.27 -0.07 (-0.16%) At close · Aug 14

Market Cap

$2.00B

46.28M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William C. (BJ) Losch III	President	$803,077	$80,000	$1,559,585	—	—	$334,062	$2,776,724
Mark M. Moroz	Chief Banking Officer	$446,058	$47,500	$1,300,756	—	—	$53,712	$1,848,026
Walter J. Phifer	Chief Financial Officer	$373,750	$50,000	$812,087	—	—	$47,806	$1,283,643
Renato Derraik	Chief Information and Digital Officer, & Interim Information Security Officer, Bank	$602,308	$60,000	$541,518	—	—	$51,712	$1,255,538
James S. Mahan III	Chairman and Chief Executive Officer	$512,565	—	—	—	—	$452,867	$965,432

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William C. (BJ) Losch III	President	$798,462	$57,600	$12,032,731	—	—	$187,541	$13,076,334
Renato Derraik	Chief Information and Digital Officer, Bank	$604,616	$45,000	$838,471	—	—	$51,730	$1,539,817
Gregory Seward	Chief Risk Officer and General Counsel	$453,462	$36,000	$542,538	—	—	$51,565	$1,083,565
Mark M. Moroz	Chief Banking Officer	$352,692	$27,000	$443,880	—	—	$51,615	$875,187
James S. Mahan III	Chairman and Chief Executive Officer	$514,529	—	—	—	—	$330,445	$844,974
Walter J. Phifer	Chief Financial Officer	$345,000	$20,000	$394,591	—	—	$48,728	$808,319

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Huntley Garriott	Former President, Bank	$523,082	—	—	—	—	$5,125,766	$5,648,848
William C. (BJ) Losch III	President	$697,115	—	$3,149,967	—	—	$128,283	$3,975,365
Renato Derraik	Chief Information and Digital Officer, Bank	$594,231	—	$3,149,967	—	—	$48,738	$3,792,936
Gregory Seward	Chief Risk Officer and General Counsel	$444,231	—	$2,099,966	—	—	$39,695	$2,583,892
Stephanie A. Mann	Chief Strategy Officer	$397,116	—	$2,099,966	—	—	$40,594	$2,537,676
James S. Mahan III	Chairman and Chief Executive Officer	$510,601	—	—	—	—	$394,892	$905,493
Mark M. Moroz	Chief Banking Officer	$350,000	—	—	—	—	$48,680	$398,680
Walter J. Phifer	Chief Financial Officer	$250,000	—	—	—	—	$43,359	$293,359

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Gregory Seward	Chief Risk Officer and General Counsel	$397,500	$143,000	$749,987	—	—	$42,116	$1,332,603
Renato Derraik	Chief Information and Digital Officer, Bank	$550,000	$158,000	$499,991	—	—	$44,594	$1,252,585
William C. (BJ) Losch III	President	$675,000	$77,500	$399,993	—	—	$45,872	$1,198,365
Steven J. Smits	Chief Credit Officer	$448,077	$55,000	$499,991	—	—	$44,843	$1,047,911
Huntley Garriott	Former President, Bank	$800,007	$90,000	—	—	—	$156,831	$1,046,838
Stephanie A. Mann	Chief Strategy Officer	$373,077	$140,500	$499,991	—	—	$31,924	$1,045,492
James S. Mahan III	Chairman and Chief Executive Officer	$510,601	—	—	—	—	$270,594	$781,195
Walter J. Phifer	Chief Financial Officer	$216,300	$30,592	$249,995	—	—	$41,690	$538,577

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Huntley Garriott	Former President, Bank	$803,084	$83,231	$25,330,000	—	—	$168,690	$26,385,005
William C. (BJ) Losch III	President	$285,577	$25,962	$12,833,100	—	—	$33,588	$13,178,227
Renato Derraik	Chief Information and Digital Officer, Bank	$317,308	$35,615	$7,638,750	—	—	$33,939	$8,025,612
Neil L. Underwood	President	$707,712	$80,000	—	—	—	$191,372	$979,084
Stephanie A. Mann	Chief Strategy Officer	$351,346	$39,788	$506,600	—	—	$29,390	$927,124
James S. Mahan III	Chairman and Chief Executive Officer	$512,565	—	—	—	—	$371,815	$884,380
Steven J. Smits	Chief Credit Officer	$426,635	$47,029	$253,300	—	—	$40,751	$767,715
Gregory Seward	Chief Risk Officer and General Counsel	$368,914	$41,478	$253,300	—	—	$38,601	$702,293
Brett Caines	Chief Financial Officer	$318,462	—	$253,300	—	—	$29,963	$601,725

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Huntley Garriott	President, Bank	$800,004	$80,000	$399,983	—	—	$106,175	$1,386,162
James S. Mahan III	Chairman and Chief Executive Officer	$510,600	—	—	—	—	$311,168	$821,768
Neil L. Underwood	President	$702,000	—	—	—	—	$118,515	$820,515
Steven J. Smits	Chief Credit Officer	$400,008	$50,000	$269,988	—	—	$42,500	$762,496
Brett Caines	Chief Financial Officer	$380,004	$48,000	$179,998	—	—	$42,500	$650,502
Gregory Seward	Chief Risk Officer and General Counsel	$350,004	$45,000	$179,998	—	—	$42,500	$617,502
William C. (BJ) Losch III	Chief Financial Officer and Chief Banking Officer	—	—	—	—	—	—	—
Renato Derraik	Chief Information and Digital Officer, Bank	—	—	—	—	—	—	—

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Huntley Garriott	President, Bank	$800,004	$80,000	$4,868,900	—	—	$135,265	$5,884,169
Susan N. Janson	Chief Risk Officer, Bank	$380,646	$27,500	$464,438	—	—	$33,198	$905,782
Neil L. Underwood	President	$702,000	—	—	—	—	$130,455	$832,455
Steven J. Smits	Chief Credit Officer	$400,008	$40,000	$307,800	—	—	$42,588	$790,396
Brett Caines	Chief Financial Officer	$365,004	$36,500	$307,800	—	—	$42,588	$751,892
James S. Mahan III	Chairman and Chief Executive Officer	$510,600	—	—	—	—	$205,626	$716,226
Renato Derraik	Chief Information and Digital Officer, Bank	—	—	—	—	—	—	—
William C. (BJ) Losch III	Chief Financial Officer	—	—	—	—	—	—	—

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Susan N. Janson	Chief Risk Officer, Bank	$194,971	$75,000	$1,313,250	—	—	$23,464	$1,606,685
Steven J. Smits	Chief Credit Officer	$400,008	—	$799,500	—	—	$41,257	$1,240,765
Brett Caines	Chief Financial Officer	$365,004	—	$799,500	—	—	$38,331	$1,202,835
James S. Mahan III	Chairman and Chief Executive Officer	$510,600	—	—	—	—	$476,094	$986,694
Neil L. Underwood	President	$702,000	—	—	—	—	$103,111	$805,111
Huntley Garriott	President, Bank	$227,694	—	—	—	—	$39,463	$267,157

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James S. Mahan III	Chairman and Chief Executive Officer	$510,600	—	—	—	—	$291,749	$802,349
Neil L. Underwood	President	$702,000	—	—	—	—	$92,971	$794,971
Brett Caines	Chief Financial Officer	$328,341	—	$38,999	—	—	$38,519	$405,859
Susan N. Janson	Chief Risk Officer, Bank	—	—	—	—	—	—	—
Huntley Garriott	President, Bank	—	—	—	—	—	—	—

Executive changes

Person	Role	Change	Effective	Filed
Matthew S. Diffley	Principal Accounting Officer	Appointed	2026-07-01	2026-07-02
Matthew S. Diffley	Chief Accounting Officer	Appointed	2026-06-29	2026-07-02
William L. Williams III	Director	Appointed	2026-05-19	2026-05-22
Yousef A. Valine	Director	Appointed	2026-05-19	2026-05-22
Neil L. Underwood	Director	Appointed	2026-05-19	2026-05-22
Miltom E. Petty	Director	Appointed	2026-05-19	2026-05-22
Patrick T. McHenry	Director	Appointed	2026-05-19	2026-05-22
James S. Mahan III	Director	Appointed	2026-05-19	2026-05-22
Jeffrey W. Lunsford	Director	Appointed	2026-05-19	2026-05-22
David G. Lucht	Director	Appointed	2026-05-19	2026-05-22
William H. Cameron	Director	Appointed	2026-05-19	2026-05-22
Tonya W. Bradford	Director	Appointed	2026-05-19	2026-05-22
Ewa Stasiowska	Chief Risk Officer	Appointed	2025-12-01	2025-12-01
Jeffrey Williams Lunsford	Board member	Appointed	2025-08-12	2025-08-12
Patrick Timothy McHenry	member of the Board of Live Oak Banking Company	Appointed	2025-05-21	2025-05-08
Patrick Timothy McHenry	Board member	Appointed	2025-05-21	2025-05-08
Casey S. Crawford	director	Resigned	2024-02-15	2024-02-16
Walter J. Phifer	Chief Financial Officer of the Company and the Bank	Appointed	2024-01-01	2023-11-15
William J. Losch, III	President of the Company	Appointed	2023-11-14	2023-11-15
Neil L. Underwood	President of Live Oak Bancshares	Resigned	2023-11-14	2023-11-15
Yousef Aziz Valine	Board member	Appointed	2022-09-15	2022-09-19
Casey Stuart Crawford	Board member	Appointed	2022-07-20	2022-07-20

Key facts CIK 1462120 CUSIP 53803X105 13F (30d) 235 filings 223 filers Visit website Investor relations