Scott Sanborn is the CEO of LendingClub, a financial services company known for its innovative approach to lending and banking. Since taking the helm in 2016, Sanborn has led the company through significant transformations, including the acquisition of Radius Bank and the shift from a peer-to-peer lending platform to a more traditional banking model. His leadership has been pivotal in navigating LendingClub through these changes, ensuring its continued growth and success.
Who is the CEO of LendingClub?
Scott Sanborn, the CEO of LendingClub, has a rich professional background that spans various leadership roles in the financial and e-commerce sectors. Before joining LendingClub in 2010, he held significant positions such as Chief Revenue Officer at eHealth Insurance and President of RedEnvelope, Inc. At LendingClub, he initially served as Chief Marketing Officer and Chief Operations Officer, eventually becoming CEO in 2016. Sanborn's tenure has been marked by strategic initiatives, including the company's 2014 IPO and the acquisition of Radius Bank, which have been pivotal in transforming LendingClub's business model and driving its growth.
Work History
Scott Sanborn's extensive work history includes a variety of leadership roles across multiple industries. Here is a detailed list of his previous positions:
- LendingClub - CEO (2016 - Present)
- LendingClub - Chief Operating Officer & Chief Marketing Officer (2013 - 2016)
- LendingClub - Chief Marketing Officer (2010 - 2013)
- eHealth, Inc. - Chief Revenue & Marketing Officer (2008 - 2010)
- FTD - President (2008)
- FTD - CMO (2007 - 2008)
- HSN - VP Online Marketing (2002 - 2004)
- HSN - SVP Marketing (2002 - 2007)
- Agency.com - VP Client Services (1998 - 2002)
- Lintas Amsterdam - Account Director (1996 - 1998)
Education History
Scott Sanborn's educational background includes a Bachelor of Arts degree from Tufts University, where he studied from January 1987 to January 1992. This foundational education at Tufts University provided him with the critical thinking and analytical skills that have been instrumental in his successful career across various leadership roles in the financial and e-commerce sectors.
When did Scott Sanborn join LendingClub?
Scott Sanborn joined LendingClub in 2010, initially taking on the role of Chief Marketing Officer. Over the years, he has held several key positions within the company, including Chief Operating Officer and Chief Marketing Officer from 2013 to 2016. In April 2016, he was appointed as the CEO of LendingClub. With over a decade of service, Sanborn has been instrumental in guiding the company through significant transformations, including its shift from a peer-to-peer lending platform to a more traditional banking model. His leadership continues to be a driving force behind LendingClub's ongoing success and innovation in the financial services industry.