James Hobson, who has been OnDeck Capital's chief operating officer since 2012, is leaving the New York-based online lender.
OnDeck said Friday that Hobson is resigning to become the CEO of Attune, a new company in the commercial insurance sector whose backers include AIG.
Dave Cross
"James will remain with OnDeck for another six weeks, assisting in the transition internally as well as working with some key business development partners," OnDeck said in a written statement.
OnDeck, which specializes in online small-business lending, said in a regulatory filing that it plans to spread Hobson's responsibilities among its existing executives.
