Oak Street Funding names new chief operating officer

The commercial lender has created a new position and appointed an industry veteran to the role

Insurance News

By Lyle Adriano

Commercial lender Oak Street Funding has announced that it has hired D. Scott Clarke to serve as its new Chief Operating Officer—a position the company had just created.

“I’m excited to join a great team of people and a great company that’s continually recognized for being a best place to work,” said Clarke. “There are tremendous opportunities to expand Oak Street’s footprint in commercial lending and I look forward to contributing to significant growth.”  

Oak Street is very fortunate to have Scott overseeing our growth strategies,” remarked CEO Rick Dennen. “His strong background and accomplishments in some of the country’s top companies will help us continue to expand our products to financial services companies in verticals beyond insurance. Growth requires creative strategies, disciplined approaches and talented people and Scott has the experience to ensure all these factors are in place to help us meet our objectives.”  

Clarke has 28 years of experience in financial services, having served division leadership roles in various Fortune 500 companies, managing national functions for mortgages, loan servicing and banking organizations, and creating entrepreneurial enterprises.

Notably, Clarke was the founder of Oak Street Financial Services—the original parent company of Oak Street Funding.


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