GBank CEO T. Ryan Sullivan to step down Aug 2026; founder Ed Nigro appointed CEO effective Sept 3, 2025

GBank Financial Holdings Inc.

T. Ryan Sullivan provided early notice of intent not to renew employment agreement expiring August 31, 2026.
Ed Nigro appointed CEO of the Company and the Bank effective September 3, 2025; will continue as Executive Chairman.
Management reorganization aimed at maximizing digital bank and payments opportunities.
Nigro, age 83, is founder and Executive Chairman since 2017; no change to his compensation at this time.
Discussions ongoing for Sullivan to provide consulting services to support transition.

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