LendingClub

Who are LendingClub's decision-makers?

LendingClub's top decision-makers include Scott Sanborn and Drew LaBenne, with business-unit, technology, finance, procurement, legal, security, and compliance leaders involved depending on the purchase.

CEO
Scott Sanborn
CFO/key exec
Drew LaBenne
Founded
2006
Employees
Approximately 1,000
HQ
San Francisco, CA
Prior exit/Notable
IPO
  • Scott SanbornChief Executive OfficerCEO since 2016Leads the digital marketplace bank strategy.
  • Drew LaBenneChief Financial OfficerCFOLeads accounting, finance, treasury, marketplace, and investor relations.
  • Jordan ChengChief Administrative OfficerExecutive leadershipLeads operations and corporate administration.
  • Mark ElliotChief Customer OfficerExecutive leadershipLeads customer experience and member growth.

Who leads LendingClub?

Scott Sanborn leads LendingClub as Chief Executive Officer. The leadership bench also includes Drew LaBenne (Chief Financial Officer), Jordan Cheng (Chief Administrative Officer), Mark Elliot (Chief Customer Officer).

The strongest outreach starts with the executive sponsor for the business problem, then maps finance and technology stakeholders before procurement begins.

Who actually makes buying decisions at LendingClub?

Strategic purchases usually involve the business-unit owner, CFO organization, procurement, legal, security, and IT architecture. In regulated or transaction-heavy workflows, compliance and risk teams may have veto power.

A seller should identify whether the project is growth, risk, infrastructure, data, or operations led, because each path has a different executive sponsor and proof standard.

How is LendingClub organized as it scales?

LendingClub combines corporate functions with business units that own products, channels, markets, or regulated operations. Central teams set security, finance, data, and procurement standards, while local or product teams own adoption and outcome metrics.

That structure rewards land-and-expand motions only when the first deployment produces measurable improvement and can be repeated across offices, channels, or portfolios.

As of June 2026.Sources:LendingClub 2025 Form 10-KLendingClub leadershipLendingClub Q1 2026 results

LendingClub — frequently asked questions

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