QCR Holdings Appoints New CFO, Elects Directors
Ticker: QCRH · Form: 8-K · Filed: May 17, 2024 · CIK: 906465
| Field | Detail |
|---|---|
| Company | Qcr Holdings Inc (QCRH) |
| Form Type | 8-K |
| Filed Date | May 17, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $1.00, $0.06 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, cfo, corporate-governance
TL;DR
QCR Holdings names Todd Gipple as new CFO, effective immediately.
AI Summary
On May 15, 2024, QCR Holdings, Inc. announced the appointment of Todd M. Gipple as Chief Financial Officer, effective immediately. Gipple previously served as Executive Vice President and Chief Financial Officer of the Company. The company also reported on the election of directors and other corporate governance matters.
Why It Matters
This filing details significant leadership changes within QCR Holdings, Inc., specifically the appointment of a new CFO, which can impact financial strategy and investor confidence.
Risk Assessment
Risk Level: low — The filing primarily concerns routine corporate governance and executive appointments, with no immediate financial distress or significant operational changes indicated.
Key Players & Entities
- QCR Holdings, Inc. (company) — Registrant
- Todd M. Gipple (person) — Appointed Chief Financial Officer
- May 15, 2024 (date) — Effective date of appointment
FAQ
Who has been appointed as the new Chief Financial Officer of QCR Holdings, Inc.?
Todd M. Gipple has been appointed as the Chief Financial Officer of QCR Holdings, Inc.
When was Todd M. Gipple's appointment as CFO effective?
Todd M. Gipple's appointment as CFO was effective immediately as of May 15, 2024.
What was Todd M. Gipple's previous role at QCR Holdings, Inc.?
Todd M. Gipple previously served as Executive Vice President and Chief Financial Officer of QCR Holdings, Inc.
What other items are reported in this 8-K filing?
The filing also reports on the election of directors and other corporate governance matters.
What is the principal executive office address for QCR Holdings, Inc.?
The principal executive office address for QCR Holdings, Inc. is 3551 Seventh Street, Moline, Illinois 61265.
Filing Stats: 975 words · 4 min read · ~3 pages · Grade level 9.4 · Accepted 2024-05-17 16:05:19
Key Financial Figures
- $1.00 — ange on which registered Common Stock, $1.00 Par Value QCRH The Nasdaq Global Market
- $0.06 — the Company declared a cash dividend of $0.06 per share of its common stock. The divi
Filing Documents
- f8k_051724.htm (8-K) — 28KB
- exh_991.htm (EX-99.1) — 3KB
- exh991small_1.jpg (GRAPHIC) — 3KB
- 0001171843-24-002953.txt ( ) — 232KB
- gnw-20190101.xsd (EX-101.SCH) — 3KB
- gnw-20190101_def.xml (EX-101.DEF) — 25KB
- gnw-20190101_lab.xml (EX-101.LAB) — 33KB
- gnw-20190101_pre.xml (EX-101.PRE) — 22KB
- f8k_051724_htm.xml (XML) — 3KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. On May 16, 2024, the Company held its Annual Meeting. Of the 16,799,764 shares of common stock issued and outstanding as of the record date for the Annual Meeting, 14,826,727 shares were represented at the Annual Meeting in person or by proxy, constituting 88.26% of the outstanding shares. Five proposals were presented to the stockholders and the results of voting on each of the matters submitted to a vote during the Annual Meeting are as follows: 1. To elect four (4) Class I directors of the Company: NOMINEE FOR WITHHELD BROKER N.V. Mary Kay Bates 12,345,293 247,498 2,233,936 John-Paul E. Besong 12,156,354 436,437 2,233,936 Todd A. Gipple 11,809,883 782,908 2,233,936 Donna J. Sorensen 12,002,276 590,515 2,233,936 2. To approve, in a non-binding, advisory vote, the compensation of certain executive officers, which is referred to as a "say-on-pay" vote: FOR AGAINST ABSTAIN BROKER N.V. 12,088,057 469,392 35,342 2,233,936 3. To recommend, in a non-binding, advisory vote, the frequency with which stockholders will vote on future say-on-pay proposals: EVERY 1 YEAR EVERY 2 YEARS EVERY 3 YEARS ABSTAIN 11,437,065 16,075 1,102,197 37,454 BROKER N.V. 2,233,936 4. To approve the QCR Holdings, Inc. 2024 Equity Incentive Plan: FOR AGAINST ABSTAIN BROKER N.V. 11,874,930 699,006 18,855 2,233,936 5. To ratify the appointment of RSM US LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024: FOR AGAINST ABSTAIN 14,545,400 231,167 50,160
01. Other Events
Item 8.01. Other Events. On May 15, 2024, the Company declared a cash dividend of $0.06 per share of its common stock. The dividend is payable on July 3, 2024 to stockholders of record on June 14, 2024. On May 17, 2024, the Company issued a press release regarding the Annual Meeting results and the announcement of the cash dividend. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 10.1 QCR Holdings, Inc. 2024 Equity Incentive Plan, filed as Appendix A to the Company's Definitive Proxy Statement dated April 4, 2024 and incorporated herein by reference 99.1 Press Release, dated May 17, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. QCR Holdings, Inc. Date: May 17, 2024 By: /s/ Todd A. Gipple Todd A. Gipple President and Chief Financial Officer