LendingClub CEO Resigns Following Loan Sales Review
Wall Street Journal, May 9, 2016–Rudegeair, Peter; Steele, Anne
Renaud Laplanche was the face of the online-lending industry, a telegenic French entrepreneur who argued the Internet would upend finance by allowing borrowers to connect directly with investors. On Monday, Laplanche resigned as the CEO of LendingClub Corp. after the board released a review of its loan sales.
