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Stock impact report

Sam Sidhu Appointed to Customers Bancorp Board of Directors and Named CEO as Part of Previously Announced Succession Plan

Customers Bancorp, Inc (CUBI) 
Last customers bancorp, inc earnings: 1/22 04:54 pm Check Earnings Report
Company Research Source: Business Wire
Jay Sidhu Assuming Executive Chairman Role; Transition Supports Growth and Long-Term Strategy WEST READING, Pa.--(BUSINESS WIRE)--Customers Bancorp, Inc. (NYSE: CUBI) today announced the appointment of Sam Sidhu to the company’s Board of Directors (“the Board”), effective January 1, 2026, in accordance with the succession plan set forth in the company’s leadership transition announcement from July 25, 2025.This appointment aligns with the Board’s previously disclosed plan whereby Sam Sidhu, President of Customers Bancorp and President and Chief Executive Officer of Customers Bank, is succeeding Jay Sidhu as Chief Executive Officer of Customers Bancorp, effective January 1, 2026. Under the transition framework, Jay Sidhu is retiring from the Chief Executive Officer role and is assuming the role of Executive Chairman, while continuing his long-standing service on the Board.Sam’s expanded role on the Board reinforces continuity of leadership at Customers Bancorp and deepens the Board’ Show less Read more
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