• Live Oak Bancshares announced Chief Accounting Officer J. Wesley Sutherland will step down from the role.
• Walter J. Phifer became interim principal accounting officer effective June 16, 2026, pending an external successor search.
• Phifer has been CFO since January 2024, previously serving as treasurer and head of finance, planning and analysis.
• Sutherland will stay on as a senior advisor to support the transition, retiring around Sept. 30, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Live Oak Bancshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001462120-26-000047), on June 18, 2026, and is solely responsible for the information contained therein.