Live Oak Bank Executive and Leadership Team

Chip Mahan, the Chairman & Chief Executive Officer at Live Oak Bank, directs the overarching strategy and vision for the institution. This leadership role involves guiding the company's expansion and ensuring its financial products, including small business administration loans and commercial real estate loans, align with market demands. Mahan oversees the development of new banking technologies and service offerings, driving the company's mission to serve individuals and businesses. The Chairman & Chief Executive Officer ensures operational efficiency across all departments, from deposit gathering to loan origination, maintaining a focus on sustainable growth and market leadership in North Carolina and beyond. By championing innovation, Chip Mahan solidifies the bank's position as a key financial partner.

Walter Phifer, the Chief Financial Officer at Live Oak Bank, manages the institution's financial health and strategic fiscal planning. This executive oversees all financial operations, including capital management, budgeting, and financial reporting, ensuring compliance with regulatory standards. Phifer's responsibilities extend to optimizing the bank's balance sheet and driving profitability through prudent financial strategies. The Chief Financial Officer plays a critical part in securing funding for loan portfolios, which encompass commercial and industrial loans, construction and development loans, and owner-occupied commercial real estate loans. By analyzing market trends and economic indicators, Walter Phifer provides essential financial insights that inform executive decisions and support the bank's growth objectives in the competitive financial services sector.

William Losch, the President at Live Oak Bank, drives the operational execution and strategic implementation of the bank's core business functions. This executive role focuses on optimizing the delivery of commercial banking products and services, including a diverse range of loans such as small business administration loans and commercial real estate loans. Losch oversees the day-to-day operations, ensuring that deposit products and lending processes meet high standards of efficiency and customer satisfaction. The President works closely with other leadership to expand market reach and enhance the bank's presence within North Carolina. By fostering a culture of operational excellence, William Losch ensures the bank effectively serves its individual and business clients, contributing significantly to its overall success and growth.

Ramona Jackson, the Technology Portfolio Management Chief & Chief of Staff at Live Oak Bank, spearheads the strategic direction and execution of the bank's technology initiatives. This leadership position involves overseeing the entire technology portfolio, ensuring alignment with business objectives and driving innovation in digital banking services. Jackson manages the integration of new technologies to enhance operational efficiency and customer experience across deposit products and loan offerings. The Technology Portfolio Management Chief & Chief of Staff also acts as a key liaison between departments, facilitating communication and ensuring seamless project delivery. By managing technology investments and driving digital transformation, Ramona Jackson enhances the bank's competitive edge and supports its mission to provide cutting-edge financial solutions.