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Mack Draws Broad Opposition in Re-Election to LendingClub Board

By Tony Seruga

John Mack

John Mack.

Photographer: Chris Goodney/Bloomberg

Former Morgan Stanley chief had web of connections with ex-CEO
Meeker, Morris re-appointed by wider margins, filing shows

John Mack drew broad opposition from LendingClub Corp. shareholders during his re-election to the board after a leadership shakeup exposed a web of connections between him and the company’s former chief executive officer.

About 93 million, or 37 percent, of votes were against Mack’s re-appointment, according to a regulatory filing late Friday from the San Francisco-based company. Mary Meeker and John “Hans” Morris, the other directors up for re-election, were approved by wider margins. LendingClub said Tuesday at its annual meeting that all three directors received enough votes, without disclosing tallies…

Mack Draws Broad Opposition in Re-Election to LendingClub Board

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