QCR Holdings announces CEO succession

Todd A. Gipple was named president and CEO of Moline, Ill.-based QCR Holdings. Gipple will officially become CEO when Larry J. Helling retires as CEO of both the company and subsidiary Cedar Rapids Bank & Trust on May 22. .Helling, the founder of Cedar Rapids Bank and Trust Co., is expected to retire from both boards. Helling joined QCR Holdings in 2001 with the formation of Cedar Rapids Bank and Trust. He was named CEO of the company in 2019.."Larry has left an indelible mark on the entire organization," said QCR Holdings Chair Marie Ziegler. "Larry's focus on our clients, shareholders and employees through his emphasis on local control of our banking subsidiaries has been critical in guiding us through the past several years, which included the pandemic and the unique inflationary economic environment." .Gipple, president and CFO of $9 billion QCR Holdings, has been a director since 2009. QCR Holdings Senior Vice President and Chief Accounting Officer Nick W. Anderson will become CFO when Gipple assumes the role of CEO. A CPA, Anderson graduated from Western Illinois University, Macomb. He has served as chief accounting officer of QCR Holdings since 2019.