QCR Holdings, Inc. Announces CEO Retirement and Executive Transition

Core Points - QCR Holdings, Inc. announced the retirement of CEO Larry J. Helling effective May 22, 2025, following the annual stockholders meeting [1][2] - Todd A. Gipple, currently the President and CFO, will succeed Mr. Helling as President and CEO [1][2] - Nick W. Anderson will take over as Chief Financial Officer upon Mr. Gipple's promotion [1][2] Leadership Transition - Larry J. Helling has served as CEO for six years and has been with the organization since its formation in 2001 [2] - Mr. Helling emphasized the importance of local control and relationship-driven banking during his tenure [2] - Todd A. Gipple has been with the company since 2000 and has held various leadership roles, including Chief Operating Officer and President [2] - Nick W. Anderson has been with the company since late 2019 as Chief Accounting Officer and has a background in community service [2] Company Overview - QCR Holdings is a multi-bank holding company headquartered in Moline, Illinois, serving various communities through its subsidiary banks [4] - The company provides full-service commercial and consumer banking, as well as trust and wealth management services [4] - As of December 31, 2024, QCR Holdings reported $9.0 billion in assets, $6.7 billion in loans, and $7.1 billion in deposits [4]