The estimated Net Worth of Scott Sanborn is at least $21.3 Million dollars as of 5 September 2024. Mr. Sanborn owns over 17,000 units of LendingClub Corp stock worth over $14,282,039 and over the last 16 years he sold LC stock worth over $867,418. In addition, he makes $6,118,440 as Chief Executive Officer and Director at LendingClub Corp.
Scott has made over 61 trades of the LendingClub Corp stock since 2017, according to the Form 4 filled with the SEC. Most recently he sold 17,000 units of LC stock worth $193,120 on 5 September 2024.
The largest trade he's ever made was exercising 293,243 units of LendingClub Corp stock on 15 June 2023 worth over $3,049,727. On average, Scott trades about 55,945 units every 36 days since 2008. As of 5 September 2024 he still owns at least 1,373,273 units of LendingClub Corp stock.
You can see the complete history of Mr. Sanborn stock trades at the bottom of the page.
Scott C. Sanborn serves as Chief Executive Officer, Director of the Company. Mr. Sanborn previously served as our President from April 2016 to May 2017, Chief Operating and Marketing Officer from April 2013 to March 2016 and Chief Marketing Officer from May 2010 to March 2013. From November 2008 to February 2010, Mr. Sanborn served as the Chief Marketing and Revenue Officer for eHealthInsurance, an e-commerce company. Mr. Sanborn holds a B.A. from Tufts University. Mr. Sanborn has significant executive and leadership experience and has been a driver of our strategy and growth for nearly 10 years and instrumental in transforming the Company from a small privately held company to a publicly traded company and industry leader. Mr. Sanborn was chosen as a member of our Board because of the perspective he brings as Chief Executive Officer and his experience with and knowledge of our Company and the fintech industry.
As the Chief Executive Officer and Director of LendingClub Corp, the total compensation of Scott Sanborn at LendingClub Corp is $6,118,440. There are no executives at LendingClub Corp getting paid more.
Scott Sanborn is 50, he's been the Chief Executive Officer and Director of LendingClub Corp since 2017. There are 16 older and 4 younger executives at LendingClub Corp. The oldest executive at LendingClub Corp is Patricia McCord, 66, who is the Independent Director.
Scott's mailing address filed with the SEC is C/O LENDINGCLUB CORPORATION, 595 MARKET ST. #200, SAN FRANCISCO, CA, 94105.
Over the last 8 years, insiders at LendingClub Corp have traded over $12,002,535 worth of LendingClub Corp stock and bought 40,458,611 units worth $154,915,750 . The most active insiders traders include Tian Qiao Shanda Media Ltd ..., Tian Qiao Shanda Media Ltd ..., and Scott Sanborn. On average, LendingClub Corp executives and independent directors trade stock every 7 days with the average trade being worth of $1,612,021. The most recent stock trade was executed by Scott Sanborn on 5 September 2024, trading 17,000 units of LC stock currently worth $193,120.
lending club is the world’s largest online credit marketplace, facilitating personal loans, business loans, and financing for elective medical procedures and k-12 education and tutoring. borrowers access lower interest rate loans through a fast and easy online or mobile interface. investors provide the capital to enable many of the loans in exchange for earning interest. we operate fully online with no branch infrastructure, and use technology to lower cost and deliver an amazing experience. we pass the cost savings to borrowers in the form of lower rates and investors in the form of attractive returns. we’re transforming the banking system into a frictionless, transparent and highly efficient online marketplace, helping people achieve their financial goals every day. since launching in 2007 we’ve built a trusted brand with a track record of delivering exceptional value and satisfaction to both borrowers and investors. lending club’s awards include being named to the inc. 500 in 2014
LendingClub Corp executives and other stock owners filed with the SEC include: