Jeffrey K. Newgard was named President and Chief Executive Officer of GBank Financial Holdings Inc., effective June 8, 2026. As of November 6, 2026, GBank Financial Holdings Inc. has reported 4 leadership change filings to the SEC under Item 5.02 of Form 8-K, from May 12, 2026 to October 22, 2026, naming 7 appointments and 1 departure (Form 8-K, October 22, 2026).
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Key facts
- · In / out: In · Person: Jeffrey K. Newgard · 8-K, 2026-10-22
- · In / out: Out · Person: Olivia M. Caley · Role: Principal Financial Officer · Effective: 2026-10-13 · 8-K, 2026-10-16
- · In / out: Reported · Person: not named in the filing · 8-K, 2026-05-19
- · In / out: In · Person: Olivia M. Caley · Role: Chief Financial Officer · Effective: 2026-05-11 · 8-K, 2026-05-12
GBank Financial Holdings Inc. reported changes in 4 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-05-12 to 2026-10-22. They name 4 people, with 7 appointments and 1 departure. Every row below is cited to the filing it comes from, and this page adds each new change as GBank Financial Holdings Inc. files it.
Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-10-22 | In | 8-K, 2026-10-22 | |||
| 2026-10-22 | In | President and Chief Executive Officer | 2026-06-08 | 8-K, 2026-10-22 | |
| 2026-10-22 | In | Director | 8-K, 2026-10-22 | ||
| 2026-10-16 | Out | Principal Financial Officer | 2026-10-13 | 8-K, 2026-10-16 | |
| 2026-10-16 | In | Principal Financial Officer | 8-K, 2026-10-16 | ||
| 2026-10-16 | In | President and Chief Executive Officer | 2026-06-08 | 8-K, 2026-10-16 | |
| 2026-10-16 | In | Principal Accounting Officer | 8-K, 2026-10-16 | ||
| 2026-05-19 | Reported | not named in the filing | 8-K, 2026-05-19 | ||
| 2026-05-12 | In | Chief Financial Officer | 2026-05-11 | 8-K, 2026-05-12 |
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Who leads GBank Financial Holdings Inc., as last reported?
For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.
- Director: Jeffrey K. Newgard, appointed (filed 2026-10-22).
- Principal Accounting Officer: Christine Nelson, appointed (filed 2026-10-16).
- Principal Financial Officer: Jeffrey Newgard, appointed (filed 2026-10-16).
- President and Chief Executive Officer: Jeffrey K. Newgard, appointed, effective 2026-06-08 (filed 2026-10-22).
- Chief Financial Officer: Olivia M. Caley, appointed, effective 2026-05-11 (filed 2026-05-12).
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Find candidates like President and Chief Executive Officer at GBank Financial Holdings Inc.Every change, in the filing's words
Appointed: Jeffrey K. Newgard
The Board of Directors of the Company have also designated Mr. Newgard as the principal executive officer of the Company.
Appointed: Jeffrey K. Newgard, President and Chief Executive Officer, effective 2026-06-08
Mr. Newgard, age 55, was appointed to the roles of President and Chief Executive Officer of the Bank on May 15, 2026, effective on June 8, 2026.
Appointed: Jeffrey K. Newgard, Director
On October 22, 2026, the Board of Directors of the Company also appointed Mr. Newgard to serve as a director of the Company, effective immediately.
- On October 22, 2026, the Boards of Directors of the Company and the Bank voted to accept Mr. Nigro's resignations, effective immediately.
- Mr. Nigro will continue to serve as a director of the Company.
- Mr. Nigro, who was a founding member of the Company, served as Executive Chairman of the Board of Directors of the Company and the Bank since 2017 and 2007, respectively.
- The Company and the Bank are deeply appreciative of Mr. Nigro for his years of dedicated service and contributions to the Company and the Bank.
- The Company and the Bank have entered into a Separation Agreement with Mr. Nigro, the terms of which are described below.
- (c), (d) Appointment of Jeffrey K. Newgard as President, Chief Executive Officer and Director The Company's Board of Directors has determined that Jeffrey K. Newgard ("Mr. Newgard"), President and Chief Executive Officer of the Bank, will assume the roles of President and Chief Executive Officer of the Company upon effectiveness of Mr. Nigro's resignation.
- Mr. Newgard will retain the titles of President and Chief Executive Officer of the Bank.
- Mr. Newgard most recently served as Chairman, President and Chief Executive Officer of Bank of Idaho since July 2015.
- Prior to joining Bank of Idaho, Mr. Newgard served as Executive Vice President and Eastern Region President of HomeStreet Bank from November 2013 through June 2015.
Departing: Olivia M. Caley, Principal Financial Officer, effective 2026-10-13
(b) Departure of Olivia M. Caley as Principal Financial Officer and Principal Accounting Officer On October 12, 2026, Olivia M. Caley, Senior Vice President, Financial Reporting Director of GBank and interim principal financial officer and principal accounting officer of GBank Financial Holdings Inc. (the "Company"), resigned from her positions with the Company and GBank, a wholly owned subsidiary of the Company (the "Bank"), effective October 13, 2026 (the "Effective Date").
Appointed: Jeffrey Newgard, Principal Financial Officer
(c) Designation of Jeffrey Newgard as Principal Financial Officer In connection with Ms. Caley's departure, the Company's Board of Directors designated Mr. Jeffrey Newgard, President and Chief Executive Officer of the Bank, as the Company's interim principal financial officer, effective as of the Effective Date.
Appointed: Jeffrey Newgard, President and Chief Executive Officer, effective 2026-06-08
Mr. Newgard, age 55, was appointed to the roles of President and Chief Executive Officer of the Bank on May 15, 2026, effective on June 8, 2026.
Appointed: Christine Nelson, Principal Accounting Officer
Mr. Newgard does not have a direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. Designation of Christine Nelson as Principal Accounting Officer In connection with Ms. Caley's departure, the Company's Board of Directors designated Ms. Christine Nelson, Senior Vice President and Controller of the Bank, as the Company's interim principal accounting officer, effective as of the Effective Date.
- The Board of Directors of the Company continues to conduct a search for candidates for a permanent Chief Financial Officer to serve as principal financial officer and principal accounting officer.
- Mr. Newgard most recently served as Chairman, President and Chief Executive Officer of Bank of Idaho since July 2015.
- Prior to joining Bank of Idaho, Mr. Newgard served as Executive Vice President and Eastern Region President of HomeStreet Bank from November 2013 through June 2015.
- Prior to HomeStreet Bank, Mr. Newgard served as President and Chief Executive Officer of Yakima National Bank from January 2005 through October 2013, and as Columbia Region President of American West Bank from August 2003 through December 2004.
- Mr. Newgard also currently serves as a director and the Chair of the Audit and Finance Committees of Jentzsch Kearl Farms, a prominent agricultural producer in Southern Idaho.
- Mr. Newgard received a Bachelor of Arts degree from Walla Walla College and a Master of Business Administration from Washington State University, and is a graduate of the Graduate School of Banking at Colorado.
- Ms. Nelson, age 60, was appointed to Senior Vice President and Controller of the Bank in April 2025 and previously served as Vice President and Director of Accounting for the Bank from September 2022 through April 2025.
Reported
On May 15, 2026, the board of directors (the "Board") of GBank Financial Holdings Inc. (the "Company") and the board of directors of the Company's wholly owned bank subsidiary, GBank ("GBank"), approved the appointment of Jeff Newgard as President and Chief Executive Officer of GBank, effective June 8, 2026.
- In connection with this appointment, Edward M. Nigro, who currently serves as Executive Chairman and Chief Executive Officer of GBank, will continue to serve as Executive Chairman of GBank.
- Mr. Newgard, age 54, most recently served as Chairman, President and Chief Executive Officer of Bank of Idaho since July 2015.
- Prior to joining Bank of Idaho, Mr. Newgard served as Executive Vice President and Eastern Region President of HomeStreet Bank from November 2013 through June 2015.
- Prior to HomeStreet Bank, Mr. Newgard served as President and Chief Executive Officer of Yakima National Bank from January 2005 through October 2013, and as Columbia Region President of American West Bank from August 2003 through December 2004.
- Mr. Newgard also currently serves as a director and the Chair of the Audit and Finance Committees of Jentzsch Kearl Farms, a prominent agricultural producer in Southern Idaho.
- Mr. Newgard received a Bachelor of Arts degree from Walla Walla College and a Master of Business Administration from Washington State University, and is a graduate of the Graduate School of Banking at Colorado.
- In connection with his appointment, Mr. Newgard and GBank entered into an employment agreement, pursuant to which Mr. Newgard will receive a base salary of $500,000 annually.
Appointed: Olivia M. Caley, Chief Financial Officer, effective 2026-05-11
Designation of Principal Financial Officer Effective May 11, 2026, the Board of Directors of GBank Financial Holdings Inc. (the "Company"), designated Olivia M. Caley, Senior Vice President, Financial Reporting Director of GBank, to serve as the Company's Principal Financial Officer while Jeffery E. Whicker, Executive Vice President, Chief Financial Officer and Treasurer of the Company is on a medical leave of absence and until such time as Mr. Whicker resumes his position as Principal Financial Officer.
- A Certified Public Accountant, Ms. Caley has served as Senior Vice President, Financial Reporting Director of GBank since September 2022.
- Prior to joining GBank, Ms. Caley served as First Vice President, Financial Reporting Director of Mid Penn Bank in Harrisburg, PA from July 2017 to March 2022, and in various accounting and financial reporting positions at PeoplesBank in York, PA from August 2008 to June 2017.
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Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.
