Live Oak Bancshares Names Walter Phifer Finance Chief Amid Leadership Shuffle

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Published: Nov. 14, 2023 at 5:36 p.m. ET

By Denny Jacob

Live Oak Bancshares named Walter Phifer chief financial officer of the company and Live Oak Bank, effective Jan. 1, amid a leadership shuffle.

The parent company of Live Oak Bank disclosed the change as Neil Underwood said he would step down as president of Live Oak Bancshares.

William…

By Denny Jacob

Live Oak Bancshares named Walter Phifer chief financial officer of the company and Live Oak Bank, effective Jan. 1, amid a leadership shuffle.

The parent company of Live Oak Bank disclosed the change as Neil Underwood said he would step down as president of Live Oak Bancshares.

William Losch III, who has served as both president of Live Oak Bank and CFO, will add the additional role of president of Live Oak Bancshares and step down as CFO at the end of the year.

Phifer was named to his roles to fill the gap. He has served as treasurer since 2019 and has also held the role of head of finance, planning and analysis since 2022.

Write to Denny Jacob at [email protected]

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