John L. Holt, Jr. will retire as president and CEO of NexBank Capital, the parent company of NexBank, at the end of this year. Holt will continue to serve the company in his role as chairman of the bank and through a new appointment as vice chairman of the company. Matt Siekielski, who is a director, executive vice president and chief operating officer of the company, will succeed Holt Jr. as president and CEO. Both appointments are effective as of Nov. 10.
Holt’s ascension to vice chairman takes place after more than a decade of leadership at the company. Holt joined NexBank Capital in 2011 as president and CEO. That same year, he was appointed a director of the company and bank and chairman of the bank. Since 2011, NexBank has grown from $600 million to $13.9 billion in assets.
Siekielski joined NexBank Capital in 2011 as chief operating officer and was appointed a director of the company and bank in 2017. He leads the bank’s primary operating businesses, including its institutional, commercial and mortgage banking units, and the strategies that drive the company’s growth and performance.
