James Mahan

James Mahan is the Founder and serves as Chief Executive Officer and Chairman at Live Oak Bancshares. He also serves as Board Member at Plexus Capital. Chip is an active financial and technology entrepreneur, having served as CEO of S1 Corporation and founder of Security First Network Bank, one of the first internet-only banks. Chip is highly regarded as a financial visionary and lives in Wilmington, North Carolina. Mahan formed an investment group that purchased Citizens Union and subsequently sold it to BankOne Corp. of Columbus, OH. Mahan began his career in 1973 at Wachovia Bank & Trust Co. in Winston-Salem, NC, after graduating with a bachelor's degree in economics from Washington & Lee University in Lexington, VA. He also serves as Managing Director at Canapi.