Leadership & Pay ·
J. Wesley Sutherland stepped down as Chief Accounting Officer of Live Oak Bancshares, Inc. and its subsidiary, Live…
LOBLive Oak Bancshares, Inc.
J. Wesley Sutherland stepped down as Chief Accounting Officer of Live Oak Bancshares, Inc. and its subsidiary, Live Oak Banking Company, on June 18, 2026. Walter J. Phifer, the current CFO, assumed the role of Principal Accounting Officer on an interim basis effective June 16, 2026, while an external search for a successor is conducted. Mr. Sutherland will serve as a Senior Advisor to assist with the transition until his retirement around September 30, 2026. The company operates in the financial services industry as a bank holding company.