Douglas M. Hultquist
Director of Finance/CFO at William Butterworth Memorial Trust
Profile
Douglas M.
Hultquist was the founder of QCR Holdings, Inc. (founded in 1993) where he held the title of President, Chief Executive Officer & Director from 1993 to 2019.
He currently holds the position of Finance Chairman at William Butterworth Memorial Trust, Vice Chairman at Community State Bank (Ankeny Iowa), Director at m2 Equipment Finance LLC, Director at Tournament Players Club, Director at Illinois Casualty Co., Director at Quad City Bancard, Inc., Director at TPC at Deere Run, Director at Quad City Bank & Trust Co. (Iowa), Director at Children's Advocacy Centers of Illinois, Director at Rock Island County Childrens Advocacy Center, Member at The American Institute of Certified Public Accountants, and Member at Iowa Society of Certified Public Accountants.
In his former positions, Mr. Hultquist served as Chairman at Genesis Health System and Augustana College (Illinois), Finance Chairman at Butterworth Memorial Trust, Director at United Fire & Casualty Co., Director-John Deere Classic at PGA TOUR, Inc., Director at Quad City Bank & Trust Co. (Illinois), Director at First Wisconsin Bank & Trust Co. (Brookfield, Wisconsin), Director at Cedar Rapids Bank & Trust Co., Director at Rockford Bank & Trust Co., Director at Illinois Bankers Association, Director at Quad Cities Chamber of Commerce, Inc., Independent Director at United Fire Group, Inc. (2007-2016), Partner at KPMG Peat Marwick LLP (1977-1993), Tax Partner at RSM US LLP (1991-1993), and President at Quad City Estate Planning Council.
Mr. Hultquist obtained his undergraduate degree from Augustana College (Illinois) in 1977.
Douglas M. Hultquist active positions
| Companies | Position | Start |
|---|---|---|
| Quad City Bancard, Inc. | Director/Board Member | - |
m2 Equipment Finance LLC
 m2 Equipment Finance LLC Finance/Rental/LeasingFinance Part of QCR Holdings, Inc., m2 Equipment Finance LLC is a company that leases office and industrial equipment. The company is based in Madison, WI. m2 Equipment Finance was acquired by Quad City Bank & Trust Co. (Illinois) from State Financial Services Corp. on August 26, 2005 for $5 million. | Director/Board Member | - |
Illinois Casualty Co.
 Illinois Casualty Co. Property/Casualty InsuranceFinance Part of ICC Holdings, Inc., Illinois Casualty Co. delivers insurance products and services exclusively for the food and beverage industry. Illinois Casualty is an admitted carrier in thirteen states and is based in Rock Island, IL. With over 70 years of experience, the company has earned the respect of its agents, policyholders, and key organizations in the industry. Founded in 1950, the company offers coverage options such as liquor liability, property, general liability, umbrella, and workers compensation. | Director/Board Member | - |
The American Institute of Certified Public Accountants
 The American Institute of Certified Public Accountants Miscellaneous Commercial ServicesCommercial Services The American Institute of Certified Public Accountants provides vocational education in accounting. The company provides services to the accounting community, regulatory bodies, and other organizations. It also operates in Jersey City, Washington, and Lewisville. It was founded in 1887 and is headquartered in New York City, NY. | Corporate Officer/Principal | - |
| Iowa Society of Certified Public Accountants | Corporate Officer/Principal | - |
| William Butterworth Memorial Trust | Director of Finance/CFO | - |
| Tournament Players Club | Director/Board Member | - |
Quad City Bank & Trust Co. (Iowa)
 Quad City Bank & Trust Co. (Iowa) Regional BanksFinance Quad City Bank & Trust Co. provides bank services. The bank accepts deposits, makes loans and provides other services for the public. The company is headquartered in Bettendorf, IA. | Director/Board Member | - |
| TPC at Deere Run | Director/Board Member | - |
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Former positions of Douglas M. Hultquist
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Training of Douglas M. Hultquist
| Augustana College (Illinois) | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 2 |
|---|---|
| QCR HOLDINGS, INC. | Finance |
| UNITED FIRE GROUP, INC. | Finance |
| Private companies | 25 |
|---|---|
| Quad City Bank & Trust Co. (Illinois) | Finance |
Cedar Rapids Bank & Trust Co.
 Cedar Rapids Bank & Trust Co. Regional BanksFinance Cedar Rapids Bank & Trust Co. operates as a state chartered commercial bank. Its solutions include checking accounts; savings accounts; credit cards; online and mobile banking; mortgage loans; personal loans and lines of credit; Iowa student loan program; equipment leasing; receivables management; payment and disbursement services; fraud prevention services; and wealth management. The company was founded on September 14, 2001 and is headquartered in Cedar Rapids, IA. | Finance |
Rockford Bank & Trust Co.
 Rockford Bank & Trust Co. Regional BanksFinance Rockford Bank & Trust Co. provides banking services. It offers personal & business banking solutions including merchant banking, lending and wealth management services. The company was founded by Thomas D. Budd and M. Shawn Way in 2005 and is headquartered in Rockford, IL. | Finance |
| First Wisconsin Bank & Trust Co. (Brookfield, Wisconsin) | Finance |
| Quad City Bancard, Inc. | |
m2 Equipment Finance LLC
m2 Equipment Finance LLC Finance/Rental/LeasingFinance Part of QCR Holdings, Inc., m2 Equipment Finance LLC is a company that leases office and industrial equipment. The company is based in Madison, WI. m2 Equipment Finance was acquired by Quad City Bank & Trust Co. (Illinois) from State Financial Services Corp. on August 26, 2005 for $5 million. | Finance |
Illinois Casualty Co.
Illinois Casualty Co. Property/Casualty InsuranceFinance Part of ICC Holdings, Inc., Illinois Casualty Co. delivers insurance products and services exclusively for the food and beverage industry. Illinois Casualty is an admitted carrier in thirteen states and is based in Rock Island, IL. With over 70 years of experience, the company has earned the respect of its agents, policyholders, and key organizations in the industry. Founded in 1950, the company offers coverage options such as liquor liability, property, general liability, umbrella, and workers compensation. | Finance |
Illinois Bankers Association
 Illinois Bankers Association Miscellaneous Commercial ServicesCommercial Services Illinois Bankers Association provides trade association services. The firm serves banking industry and the communities. The company was founded in 1891 and is headquartered in Springfield, IL. | Commercial Services |
The American Institute of Certified Public Accountants
The American Institute of Certified Public Accountants Miscellaneous Commercial ServicesCommercial Services The American Institute of Certified Public Accountants provides vocational education in accounting. The company provides services to the accounting community, regulatory bodies, and other organizations. It also operates in Jersey City, Washington, and Lewisville. It was founded in 1887 and is headquartered in New York City, NY. | Commercial Services |
| Iowa Society of Certified Public Accountants | |
United Fire & Casualty Co.
 United Fire & Casualty Co. Multi-Line InsuranceFinance United Fire & Casualty Co. engages in the business of writing property and casualty insurance and life insurance and selling annuities through a network of independent agencies. The company operates through following business segments: Property and Casualty Insurance, and Life Insurance. The Property and Casualty Insurance segment includes commercial lines insurance, including surety bonds, personal lines insurance and assumed insurance. The Life Insurance segment is comprised of deferred and immediate annuities, universal life insurance products and traditional life insurance products. The company was founded in 1946 and is headquartered in Cedar Rapids, IA. | Finance |
RSM US LLP
 RSM US LLP Miscellaneous Commercial ServicesCommercial Services RSM US LLP engages in the provision of accounting services. It offers audit, tax, consulting, and wealth management services. The firm serves the energy, government, life sciences, manufacturing, private equity, and real estate and construction industries. The company was founded by Ira B. McGladrey in 1926 and is headquartered in Chicago, IL. | Commercial Services |
PGA TOUR, Inc.
 PGA TOUR, Inc. Miscellaneous Commercial ServicesCommercial Services PGA TOUR, Inc. operates as a membership organization for professional golfers. The company was founded in 1929 and is headquartered in Ponte Vedra Beach, FL. | Commercial Services |
| William Butterworth Memorial Trust | |
| Quad City Estate Planning Council | |
| KPMG Peat Marwick LLP | Commercial Services |
Genesis Health System
 Genesis Health System Medical/Nursing ServicesHealth Services Genesis Health System owns and operates hospitals. It offers a range of general, surgical, and specialist health services. The company was founded in 1869 and is headquartered in Davenport, IA. | Health Services |
Quad Cities Chamber of Commerce, Inc.
 Quad Cities Chamber of Commerce, Inc. Miscellaneous Commercial ServicesCommercial Services Quad Cities Chamber of Commerce, Inc. is a business organization that facilitates economic development, business services, downtowns, and Q2030 in Western Illinois and Eastern Iowa. The non-profit company is based in Moline, IL. The company provides financial assistance programs through several local, regional, state, and federal economic development funds to companies that choose to locate or expand in the Quad Cities. The Quad Cities Chamber regularly meets with 150 local executives in the region's core industries to identify opportunities and obstacles related to company growth as part of its Business Connections program. The company also offers various services such as enews, website, podcast, event sponsorship, and ribbon-cutting for new businesses to help individuals and businesses reach their personal and professional goals. | Commercial Services |
| Tournament Players Club | |
Quad City Bank & Trust Co. (Iowa)
Quad City Bank & Trust Co. (Iowa) Regional BanksFinance Quad City Bank & Trust Co. provides bank services. The bank accepts deposits, makes loans and provides other services for the public. The company is headquartered in Bettendorf, IA. | Finance |
| TPC at Deere Run | |
| Children's Advocacy Centers of Illinois | |
| Butterworth Memorial Trust | |
Community State Bank (Ankeny Iowa)
 Community State Bank (Ankeny Iowa) Regional BanksFinance Community State Bank, NA provides banking services. It offers mortgage, personal, business, and financial advisory services. The company is headquartered in Ankeny, IA. | Finance |
| Rock Island County Childrens Advocacy Center |
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