What Happened?
San Francisco, CA-based Lending Club Resigned John MacIlwaine as Chief Technology Officer
About the Company
We are the world`s largest online credit marketplace, facilitating personal loans, business loans, and financing for elective medical procedures. Borrowers access lower interest rate loans through a fast and easy online or mobile interface. Investors provide the capital to enable many of the loans in exchange for earning interest. We operate fully online with no branch infrastructure, and use technology to lower cost and deliver an amazing experience. We pass the cost savings to borrowers in the form of lower rates and investors in the form of attractive returns. We`re transforming the banking system into a frictionless, transparent and highly efficient online marketplace, helping people achieve their financial goals everyday.
About the Person
John MacIlwaine served as the Chief Technology Officer of LendingClub Corporation since July 31, 2012 until January 19, 2017. Mr. MacIlwaine previously served as the Chief Technology Officer of Envestnet Asset Management, Inc. He has experience in financial services and retail brokerage. He served as Chief Information Officer of Green Dot Corporation. Previously, Mr. MacIlwaine served as the Chief Technology Officer at MyHomeKey.com. Inc. He has more than 20 years of experience in executive-level technology roles in the financial services industry, including C-suite roles at three public companies. He served as Head of Global Development at Visa, Inc. (NYSE: V), where he led program management and information services, including Web application development, data warehousing, business intelligence and mobile development and oversaw all new technology initiatives. He also served as Chief Technology Officer for the full-service brokerage arm of Morgan Stanley, where he directed the platform for all Morgan Stanley Dean Witter retail brokerage electronic commerce efforts. His experience also includes executive and senior-level management positions at leading financial service technology companies SunGard Data Systems. He has Bachelor`s Degree in Computer Engineering from University of Michigan.
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