James S. Mahan III
James S. Mahan III
James (Chip) S. Mahan III is the Founder, CEO and Chairman of the Board for Live Oak Bank. Prior to Live Oak Bank, Mahan was the CEO and Chairman of the Board for S1 Corporation and Founder of Security First Network Bank, the world’s first Internet bank. Under his leadership, S1 Corporation grew to become a $234 million software and services provider in only six years. Prior to founding Security First Network Bank and S1 Corporation, Mahan launched Cardinal Bancshares, where he served as Chairman and CEO. Mahan built Cardinal into an $800 million institution and took the company public in 1992. Mahan’s notable career began in 1973 at Wachovia Bank & Trust Co. in Winston-Salem, NC.
Neil L. Underwood
Neil L. Underwood
Neil Underwood is President and Chief Operating Officer at Live Oak Bank as well as a Director of Live Oak Bancshares. Prior to Live Oak Bank, Underwood served as General Manager of S1 Corporation, where he was responsible for the S1 Enterprise division. Before S1, Mr. Underwood played a key role in launching the Americas division of Brokat Technologies, a $200mm financial services software supplier based in Stuttgart, Germany.  Acting as Chief Operating Officer, he was responsible for Retail and Wholesale Banking solutions for US, Canada and Latin America.
David G. Lucht
David G. Lucht
David Lucht is an Executive Vice President and Chief Risk Officer for Live Oak Banking Company. He has been instrumental in the building of Live Oak’s unique banking model from de novo to its current ranking as the 3rd largest SBA lender in the country. David is responsible for managing and overseeing the Bank’s Loan portfolio and the Credit Administration area of Live Oak. Prior to joining Live Oak, he served as the Chief Credit Officer for a $10 Billion bank.
Lee Williams
Lee Williams
Lee Williams is Vice Chairman of Live Oak Bancshares and Live Oak Banking Company. As one of the founders of Live Oak Bank, Williams manages customer portfolios and focuses heavily on business development. Prior to starting Live Oak Bank, Williams spent nineteen years in corporate banking at Wachovia and worked fourteen years at Vine Street Financial doing SBA lending.
Jerry Pullins
Jerry Pullins

Jerald L. Pullins joined the Live Oak Bank Board of Directors in 2011 and serves on the Audit and ALCO Committees. Throughout Pullins career, he has been engaged in the development and management of both public and private enterprises in the healthcare and related fields.  Mr. Pullins spent over 20 years with Service Corporation International (NYSE) “SCI” the largest provider of funeral and related deathcare services in the world.  From 1999 through 2002, he served as President and COO of SCI.  In 1984, Mr. Pullins founded and served as President and CEO of The Sentinel Group a national consolidator of funeral homes and cemeteries which was acquired by SCI in 1991.

In 2003, Mr. Pullins was elected to the Board of Directors of US Physical Therapy (NYSE) a national operator of outpatient rehabilitation clinics and elected Chairman of the Board in 2011 a position he continues to hold. In 2007, Mr. Pullins founded SeniorCare Homes, LLC where he is a currently Managing Member.  In 2011, Mr. Pullins cofounded Baldwin Brothers Cremation, Inc. a regional provider of cremation and other deathcare services in the State of Florida, and currently serves as Chairman of the Board.

Kel Landis
Kel Landis
Kel Landis has over 30 years of experience in banking, financial services, investment management, and private capital. His extensive experience includes serving as the CEO of RBC Centura Bank prior to co-founding and leading efforts at Plexus Capital, a private subordinated debt fund licensed as an SBIC with the Small Business Administration. In addition, Landis has provided significant service to the economic development initiatives and educational involvements in North Carolina.

Milt Petty
Milt Petty
Milt Petty is a director at Live Oak Bank and serves as Chairman of the Audit Committee.  He is a 1973 graduate of the University of North Carolina – Chapel Hill with a Bachelor of Science degree in Business Administration.  He is a Certified Public Accountant and worked with a CPA firm in Burlington, NC from 1972 – 1977.  In 1977 he was employed by Carolina Hosiery Mills, Inc., a family owned corporation that manufactures hosiery and develops and leases commercial real estate.   He is Chief Financial Officer of Carolina Hosiery Mills, Inc.  He is a director of Trust Company of the South in Burlington, NC and he is Treasurer of The Educational Foundation, Inc. in Chapel Hill, NC.
Bill Cameron
Bill Cameron
Bill Cameron is a co-founder and President of Cameron Management, Inc., where he provides hands-on leadership to the firm’s daily operations and long-term planning. His extensive experience includes real estate development and executive leadership. Cameron was a founding director of Port City Capital Bank and Chief Operating Officer of Atlantic Telecasting Corporation. Furthermore, Cameron has provided significant contributions to the cultural and economic development of the Wilmington, North Carolina area.
Dr. Glen Hoffsis
Dr. Glen Hoffsis

Glen Hoffsis currently serves as the Dean of the Lincoln Memorial University (LMU) College of Veterinary Medicine. In July 2013, Hoffsis retired as the Dean of the College of Veterinary Medicine at the University of Florida after serving for seven years. He also served as the Dean of the College of Veterinary Medicine at the Ohio State University for 11 years and held a leadership position with P&G Pet Heatlh and Nutrition. Early in his career, Hoffsis was a faculty member at the Ohio State University and served in several leadership roles, including director of the teaching hospital. He has held many professional positions including president of the American Association of Bovine Practitioners, chair of the FDA Center for Veterinary Medicine Advisory Committee, and president of the Association of American Veterinary Medical Colleges. Hoffsis currently serves as on the board of directors of Banfield Pet Hospitals of Portland, Ore., and he is a diplomate of the American College of Veterinary Internal Medicine.