(Des Moines, IA) -- Changes are coming to Iowa's Executive Branch. Iowa Lt. Governor Adam Gregg is stepping down to become the next President and CEO of the Iowa Bankers Association. Gregg's resignation is effective today. Under Iowa Law, Gov. Reynolds will appoint a new Lt. Governor, which is expected to happen later this fall, in the meantime, the president of the Senate, State Senator Amy Sinclair will be next in line of succession.
Governor Reynolds released a statement, stating Gregg is pursuing a career which will allow him to spend more time with his family.
“Adam has been a tremendous partner and an important part of my team over the last seven years, and I greatly appreciate his service to Iowans,” remarked Governor Reynolds. “It comes as no surprise that he would choose to step down to prioritize his personal life. Adam is a devoted husband and father, and there is nothing more important to him than his family. Even as lieutenant governor, he has made time to coach his young son and daughter, be involved at their school, and participate together in church activities. This most certainly is the right decision for Adam, and I wish him, Cari and their children only the best.”
“It has been a great honor to serve alongside Governor Reynolds for seven years. I have enormous respect for her and her leadership, and she will always be one of the most important mentors in my life. I don’t have the words to express the profound gratitude I feel toward Governor Reynolds,” Lt. Governor Adam Gregg stated.
“However, as Scripture reminds us, for everything there is a season, and there is a time to every purpose under heaven. I feel my time in public service must come to a close. This season of my life needs to be focused on my family. My kids are growing up too fast, and statewide elected offices force me to miss more of their lives than I can accept. While difficult, the decision to resign from this role allows me to honor my most important commitment – my family.”
Gov. Reynolds named Adam Gregg acting lieutenant governor in May 2017 when she succeeded Gov. Terry Branstad after he was named U.S. Ambassador to China. The two have since been elected to two terms in office, in 2018 and 2022.
Gregg will succeed Iowa Bankers Association President and CEO John Sorensen who will retire at the end of the year after 38 years with the IBA. The IBA says Gregg will join the IBA on Oct. 1st.
“We are excited to welcome Adam as our next president and CEO,” said IBA Chair Mary Kay Bates, president and CEO, Bank Midwest. “In his role as lieutenant governor, he has traveled to all 99 counties and worked with local leadership to build strong communities – a key role of Iowa’s banking industry. He is a person of great integrity who, like our member banks, has demonstrated a commitment to making Iowa a better place to live, work and bank. Adam and our exceptional team of volunteer leaders and staff will continue a proud 137-year tradition of contributing to member success.”