GBank Financial Holdings Inc. reshuffles its executive suite, appointing Jeff Newgard as CEO and James K. Sims as independent chairman, replacing outgoing leader Edward Nigro.
Management transition with new CEO and chairman appointed; no financial guidance changes, neutral impact.
GBank Financial Holdings Inc. has announced a leadership transition, naming Jeff Newgard as the new President, Chief Executive Officer, and Director. Simultaneously, James K. Sims assumes the role of independent chairman as Edward Nigro steps down from his executive positions.
Jeff Newgard has been appointed as the new President, Chief Executive Officer, and Director of the company.
Edward Nigro is stepping down from his roles as CEO and Executive Chairman, with Jeff Newgard taking the CEO position and James K. Sims becoming the independent chairman.