Customers Bancorp CCO Andrew Bowman to resign by Dec 31, 2023; Ryan Incorvaia promoted to Deputy CCO

Customers Bancorp, Inc.

Andrew H. Bowman to step down as Chief Credit Officer of Customers Bank around December 31, 2023, to pursue entrepreneurial interests.
Departure is not due to any disagreement with the bank's operations, policies, or practices.
Bowman will assist in selecting and recruiting his successor; the Company has begun a search.
Ryan Incorvaia, previously Managing Group Director and Senior Credit Officer in Technology & Venture Banking, promoted to Deputy Chief Credit Officer effective September 1, 2023.

item 5.02

Executive movements

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Departed

Andrew H. Bowman

Chief Credit Officer

CUBI · Customers Bancorp, Inc.

Effective: 2023-12-31
Filed: September 1, 2023, 7:59 PM ET

On August 28, 2023, Andrew H. Bowman notified Customers Bancorp, Inc. (the “Company”) that he intends to resign from his position as Chief Credit Officer of Customers Bank (the “Bank”), the Company’s wholly owned subsidiary, on or around December 31, 2023, to pursue entrepreneurial interests.

Role change

Ryan Incorvaia

Deputy Chief Credit Officer

CUBI · Customers Bancorp, Inc.

Effective: 2023-09-01
Filed: September 1, 2023, 7:59 PM ET

On September 1, 2023, the Bank promoted Ryan Incorvaia, Managing Group Director and Senior Credit Officer in the Bank’s Technology & Venture Banking Group, to the role of Deputy Chief Credit Officer of Customers Bank.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Andrew H. Bowman departed as Chief Credit Officer at Customers Bancorp, Inc..

Action: resign
Role: Chief Credit Officer

Exact text from the filing

On August 28, 2023, Andrew H. Bowman notified Customers Bancorp, Inc. (the “Company”) that he intends to resign from his position as Chief Credit Officer of Customers Bank (the “Bank”), the Company’s wholly owned subsidiary, on or around December 31, 2023, to pursue entrepreneurial interests.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ryan Incorvaia changed role as Deputy Chief Credit Officer at Customers Bancorp, Inc..

Action: promoted
Role: Deputy Chief Credit Officer

Exact text from the filing

On September 1, 2023, the Bank promoted Ryan Incorvaia, Managing Group Director and Senior Credit Officer in the Bank’s Technology & Venture Banking Group, to the role of Deputy Chief Credit Officer of Customers Bank.

View on SEC.gov

Customers Bancorp, Inc. filing history →

Source: SEC EDGAR

accession 0001488813-23-000087

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