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Douglas M. Hultquist, the CEO of QCR Holdings, has made a mark in the banking industry since co-founding the company in 1993. With a Bachelor’s degree in Business and a background as a certified public accountant, he has extensive experience...

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Douglas M. Hultquist

Founder and Ex-CEO of QCR Holdings

Education

Bachelor's degree from St. Ambrose University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

June 15, 1953 - 71 years ago

CEO of QCR Holdings for

25 years 10 months (Jan 1993 - Nov 2018)

Previous Experience

Co-founder of QCR Holdings

Holdings

See how much did Douglas M. Hultquist make over time.

As of late 2024, Douglas Hultquist's insider holdings have seen impressive increases, starting around $5.45 million in September 2019 and growing to over $10 million by September 2024. Throughout the years, his portfolio has fluctuated but consistently reflected confidence in...

Total Stock Sold

$282.96K

QCRH

$282.96K

6,661.04 QCRH shares

What if they kept their stock?

If Douglas M. Hultquist didn't sell their stock, today they would have:
Extra QCRH6,661.04 shares worth $197.17K.
This is -30.32% and $85.79K less than what they got when they sold the stock.

Charitable Transactions

QCRH

4,902 shares

QCRH

Recent Charitable Transactions

QCRH

3,937 shares

QCRH

Dec 31, 2015

Charity

QCRH

$15.10K

QCRH at $15.65/share

Dec 31, 2013

Charity

Insider Trading

See recent insider trades of Douglas M. Hultquist.

QCRH

$91.54K

QCRH at $44.50/share

Apr 16, 2018

Sale

QCRH

$89.24K

QCRH at $44.31/share

Feb 28, 2018

Sale

QCRH

$89.38K

QCRH at $43.90/share

Jan 31, 2018

Sale

QCRH

1,623 shares

QCRH

Mar 9, 2017

Received

QCRH

$14.30K

QCRH at $31.52/share

Dec 31, 2016

Sale

QCRH

$1.10K

QCRH at $27.59/share

Dec 31, 2016

Purchase

QCRH

$66.56K

QCRH at $22.64/share

Feb 1, 2016

Received

QCRH

$3.69K

QCRH at $21.44/share

Dec 31, 2015

Sale

QCRH

$758.21

QCRH at $21.44/share

Dec 31, 2015

Purchase

QCRH

3,937 shares

QCRH

Dec 31, 2015

Charity

Compensation History

See how much did Douglas M. Hultquist make over time.

In 2019, Douglas Hultquist's total compensation at QCR Holdings was $578,443, which included a salary of $300,000 and a performance-based bonus of $187,500. Notably, he didn’t receive long-term stock incentives, highlighting a shift in his role from CEO to Co-Founder. His compensation reflects a focus on performance metrics like net income and financial success, aligning his interests with those of shareholders. Over the years, from 2015 to 2019, his total compensation has seen some fluctuations, with major differences due to the company’s performance against set goals, including years where no bonuses were paid due to unmet income thresholds.

Year

2019

Total Compensation

$559.44K

Salary

$300.00K

Board Justification

QCR Holdings is committed to paying for performance, with a significant portion of compensation tied to performance-based components.

Bonus

$187.50K

Board Justification

Annual cash incentive bonus based on performance relative to goals for net income and other financial performance measures, with a maximum opportunity of 150% of base salary.

Other

$71.94K

Board Justification

Includes contributions to the 401(k) Plan, reimbursement for tax preparation services, car allowance, and life insurance benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No long-term stock incentive awards were granted for performance in 2019 as Mr. Hultquist transitioned to Co-Founder in May 2019.

Performance Metrics

Performance metrics included net income and other financial performance measures.

Other QCR Holdings CEOs

Here are other CEOs of QCR Holdings