QCR Holdings former CEO John Anderson retires, signs consulting deal through 2025

QCR HOLDINGS INC

John H. Anderson retired as Chief Deposit Officer of QCRH and CEO of Quad City Bank & Trust effective Jan 3, 2025.
Anderson entered a consulting agreement with QCBT through Dec 31, 2025, providing transition support up to 20 hours/month.
Consulting retainer of $2,000/month plus expense reimbursement; first payment Feb 7, 2025.
Agreement is part of previously announced retirement; no change in strategic direction.

item 5.02 item 9.01

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Departed

John H. Anderson

Chief Deposit Officer

QCRH · QCR HOLDINGS INC

Effective: 2025-01-03
Filed: January 8, 2025, 6:59 PM ET

QCR Holdings, Inc. (the “Company”) previously announced on May 20, 2024, that John H. Anderson would retire from his roles as Chief Deposit Officer for the Company and as Chief Executive Officer for the Company’s wholly-owned bank subsidiary, Quad City Bank and Trust Company (“QCBT”), effective January 3, 2025 (the “Retirement”).

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

John H. Anderson retired as Chief Deposit Officer at QCR HOLDINGS INC.

Action: retired
Role: Chief Deposit Officer

Exact text from the filing

QCR Holdings, Inc. (the “Company”) previously announced on May 20, 2024, that John H. Anderson would retire from his roles as Chief Deposit Officer for the Company and as Chief Executive Officer for the Company’s wholly-owned bank subsidiary, Quad City Bank and Trust Company (“QCBT”), effective January 3, 2025 (the “Retirement”).

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QCR HOLDINGS INC filing history →

Source: SEC EDGAR

accession 0001171843-25-000131

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