LendingClub Tries To Buck Up Its Troops! by FootNoted At the risk of stating the obvious, it’s been a pretty tough week for LendingClub. In the six days since announcing on May 9 that CEO Renaud Laplanche was suddenly stepping down, the stock has dropped nearly 50%. So one might understand why executives there might need some bucking up. Thankfully, that was delivered yesterday in the 10-Q that the company filed late yesterday, clear as day on pg. 68! Here’s a snip: On May 11, 2016, the compensation committee of the board of directors approved incentive compensation packages and salary adjustments…
LendingClub Tries To Buck Up Its Troops!
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