NIO ES9 SUV Launch Sends HK Shares Down 7% Despite Bold Pricing Strategy 
Pershing Square Bids €30.40 Per Share to Acquire Universal Music Group in $9.4B Deal 
Kia Cuts EV Sales Target for 2030 Amid Slowing Demand and U.S. Policy Shifts 
OpenAI Addresses Security Vulnerability in macOS App Certification Process 
San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home 
SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20 
TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave 
Disney Plans to Cut 1,000 Jobs Amid Ongoing Restructuring Efforts 
Pony.ai, Uber, and Verne Launch Europe's First Commercial Robotaxi Service in Zagreb 
BHP's Incoming CEO Visits China Amid Pricing Dispute with CMRG 
Abbott Laboratories Ordered to Pay $53 Million in Premature Infant Formula Lawsuit 
FedEx Pilots and Union Reach Tentative Agreement on 40% Pay Increase 
Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth 
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes 
Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles 
MATCH Act: How New U.S. Chip Legislation Could Freeze China's Semiconductor Ambitions 
China Vanke Seeks Bond Extension Amid Mounting Debt Crisis 
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]
