CEO turnover is up, and boards are favoring experienced insiders who can hit the ground running [Fortune]
Customers Bancorp, Inc (CUBI)
Last customers bancorp, inc earnings: 1/22 04:54 pm
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Source: Fortune
The markets: Mixed globally as Wall Street awaits Magnificent 7 earnings Plus: All the news and watercooler chat from Fortune Good morning. You're not imagining it: CEO turnover is up, and 41% of the 22 incoming CEOs in the S&P 500 this quarter had prior experience running public companies, up from 25% in Q1 last year. And the trend of hiring experienced insiders, which we recently noted in this column , is validated in Russell Reynolds' latest Global CEO Turnover Index . The CEOs who left were also in those roles longer—11.9 years, on average, vs. 8.3 years last year—and it's taking longer to fill those roles. Similar patterns are playing out globally. For more insight, I spoke with Russell Reynolds' CEO Constantine Alexandrakis about the type of leader that is in demand right now: Recommended Video Leaders who can hit the ground running. “One quarter does not tell a story, but there is more urgency in the air, more speed, more change, more transformation. And an experienced
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CUBI
News
- CEO of a $25.9 billion bank had his AI clone lead the company's earnings call—as Mark Zuckerberg builds his own digital twin [Fortune]Fortune
- Customers Bancorp (CUBI) had its price target raised by Hovde Group from $80.00 to $86.00. They now have a "market perform" rating on the stock.MarketBeat
- Customers Bancorp (CUBI) Stock Is Up, What You Need To Know [Yahoo! Finance]Yahoo! Finance
- Customers Bancorp Q1 Earnings Call Highlights [Yahoo! Finance]Yahoo! Finance
- Customers Bank deepens ties with OpenAI [Yahoo! Finance]Yahoo! Finance
CUBI
Earnings
- 4/23/26 - Beat
CUBI
Sec Filings
- 4/23/26 - Form 8-K
- 4/16/26 - Form 8-K/A
- 4/15/26 - Form 8-K
- CUBI's page on the SEC website