Online credit marketplace LendingClub Corporation (NYSE: LC), announced on Tuesday it has appointed Patty McCord as the newest member of its Board of Directors, effective December 13, 2017.
According to the online lender, McCord spent 14 years creating the unique and high-performing culture at Netflix and as the video streaming giant’s Chief Talent Officer, she helped create the Netflix Culture deck and experimented and cultivated new ways to work. Her background notably includes staffing, diversity, communications, and international human resources positions. Currently, she coaches and advises a small group of companies and entrepreneurs on culture and leadership. LendingClub is her first public company board appointment.
Speaking about McCord’s appointment, Scott Sanborn, CEO of LendingClub, stated:
“We are thrilled to have Patty join our board and support our focus on building a high performance and collaborative company culture. Patty and I have shared conviction in culture as a driver of success, and having someone at the board level to guide us, particularly in human capital management, will prove invaluable as we head into our next phase of growth.”
McCord then added:
“I see a lot of parallels between where Netflix was as a company 10 years ago, where LendingClub is today, and where it can go in the next 10 years. I’m attracted to LendingClub for the stellar people and the way it exemplifies the concepts of freedom and responsibility. Culture can help drive innovation in companies that are paving new ground and transforming legacy industries, like Netflix did and like LendingClub is doing today,” she continued. “In our innovative world, I see marketplaces like LendingClub as the future.”