Salesforce's Chief Architect Scott Hansma Joins Lending Club

SAN FRANCISCO, April 16, 2015 /PRNewswire/ -- Lending Club (NYSE: LC), the world's largest marketplace connecting borrowers and investors, announced today that Scott Hansma, chief architect at global cloud computing giant Salesforce Inc., is joining the company as senior vice president of Technology.

In twelve years at Salesforce, Hansma progressed from a junior programmer to chief architect. In the process he helped shape much of Salesforce's foundational technology including search, file storage, multitenant database management, continuous integration, security, monitoring, and datacenter automation.

"Scott is a true pioneer and leader in cloud computing and agile systems," said Lending Club CTO John MacIlwaine. "He's a renowned developer and architect with broad technical scope and influence and a particular focus on large scale systems. We're thrilled to have him join Lending Club and excited about his ability to help us continue to build and innovate."

"Lending Club is a fun team with fantastic technology in the service of transforming an entire industry and helping millions of people improve their lives," said Hansma. "I'm very excited to join the Club!"

Hansma graduated Phi Beta Kappa from Carnegie Mellon University wth a degree in computer science. He holds numerous patents for data and database system innovations.

About Lending Club

Lending Club utilizes technology and innovation to reduce costs and offer borrowers better rates and investors better returns. As of December 31, 2014, over $7.6 billion in loans have been facilitated through the Lending Club platform. The Company has been prominently recognized as a leader for its growth and innovation, including being named one of Forbes' America's Most Promising Companies three years in a row, a CNBC Disruptor two years in a row, a 2012 World Economic Forum Technology Pioneer, and one of The World's 10 Most Innovative Companies in Finance by Fast Company. Lending Club is based in San Francisco, California. More information is available at: https://www.lendingclub.com. Currently only residents of the following states may invest in Lending Club notes: CA, CO, CT, DE, FL, GA, HI, ID, IL, KY (accredited investors), LA, MA, ME, MN, MS, MT, NH, NV, NY, RI, SD, UT, VA, VT, WA, WI, WV, or WY.

Some of the statements in this above are "forward-looking statements." The words "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "predict," "project," "will," "would" and similar expressions may identify forward-looking statements, although not all forward-looking statements contain these identifying words. The Company may not actually achieve the plans, intentions or expectations disclosed in forward-looking statements, and you should not place undue reliance on forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in forward-looking statements. The Company does not assume any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Information in this press release is not an offer to sell securities or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

Additional information about Lending Club is available in the prospectus for Lending Club's notes, which can be obtained on Lending Club's website at https://www.lendingclub.com/info/prospectus.action.

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SOURCE Lending Club

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