Iowa Lt. Gov. Adam Gregg resigned his position Tuesday after serving more than seven years in office to take the helm of the state's bankers association.
Gregg's Resignation
Adam Gregg announced his resignation after over seven years in office, transitioning to lead the Iowa Bankers Association, effective October 1.
Interest in the Banking Sector
Gregg emphasized the importance of banks in Iowa's success, and his new role will enable him to advocate for the banking industry.
Governor's Statement
Iowa Governor Kim Reynolds praised Gregg's contributions and noted that he is pursuing an opportunity that allows him to be more focused on family.
Appointment for Successor
Under Iowa law, Reynolds will appoint someone to fill Gregg's vacancy, with Senate President Amy Sinclair next in line.
Financial Expectations
Gregg's new job is likely to offer a significant pay increase from his previous salary which was capped at $103,212 during his lieutenant governorship.
Background Information
Gregg previously served as the Republican nominee for attorney general and as a public defender before becoming lieutenant governor.
Family Focus
In his statement, Gregg expressed a desire to focus more on his family, particularly his wife and two children.
