Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Instagram Outage Disrupts Thousands of U.S. Users 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
WILMINGTON, N.C., Aug. 23, 2017 -- Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq:LOB) announced today that the bank is expanding its accounting and tax firm expertise through the hire of Senior Loan Officer Shannon Hay. In this role, Hay will work with Live Oak’s accounting and tax firm customers to help them start or grow their businesses through financing.
Hay has spent his career helping entrepreneurs achieve their goals of small business ownership. He joins Live Oak Bank after serving as vice president and development officer for one of the Southeast’s largest full service banks, where he led the development of the bank’s CPA SBA 7(a) lending program. Prior to that, Hay focused on specialty lending at Bank of America Practice Solutions.
“Shannon’s experience helping accounting and tax firms grow and achieve ownership is unmatched,” said Kay Anderson, General Manager of Emerging Markets at Live Oak Bank. “We couldn’t be more excited to have him join the Live Oak team and help our customers achieve their goals.”
Live Oak’s dedicated accounting and tax lending team is laser-focused on helping small businesses grow. In fact, the bank is the nation’s second largest small business lender under the SBA loan programs. Whether customers are buying, building or simply growing their accounting or tax business, this team can help navigate what financing works best for each business.
“I’m thrilled to begin my new role at Live Oak and continue my passion for helping small businesses grow,” said Hay. “The extensive lending options the bank offers, paired with the team’s expertise, are an unbeatable asset to this industry.”
To learn more about Live Oak Bank and our services for accounting and tax firms, visit liveoakbank.com.
About Live Oak Bancshares, Inc.
Live Oak Bancshares, Inc. (Nasdaq:LOB) is the parent company and registered bank holding company of Live Oak Banking Company, a national online platform for small business lending. To learn more about Live Oak Bank, please visit www.liveoakbank.com.
Contact: Sarah Carroll, Marketing Programs Manager, Live Oak Bank 910.550.2308 office [email protected]
