QCR Holdings CEO Helling to Retire

Dow Jones
24 Feb
 

By Katherine Hamilton

 

QCR Holdings Chief Executive Larry Helling plans to retire immediately following the annual stockholders meeting May 22.

Todd Gipple, president and chief financial officer, is set to succeed Helling once he departs. Gipple, 61 years old, has been CFO since 2000. He previously served as chief operating officer and on the boards of several banking subsidiaries.

Helling also plans to retire from the board of directors for QCR and Cedar Rapids Bank and Trust, the Moline, Ill., bank holding company said Monday.

Chief Accounting Officer Nick Anderson is stepping into the role of chief financial officer to succeed Gipple.

In 2023, Helling had total compensation of about $1.8 million, according to a filing with the Securities and Exchange Commission. Gipple made $1.2 million. Gipple is set to receive an annual base salary of $455,000 as CEO, up from the roughly $369,000 he made in 2023.

 

Write to Katherine Hamilton at katherine.hamilton@wsj.com

 

(END) Dow Jones Newswires

February 24, 2025 09:51 ET (14:51 GMT)

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