Customers Bancorp appoints Mark McCollom as CFO; Watkins moves to Corporate Development

Customers Bancorp, Inc.

Mark McCollom appointed EVP & CFO of Customers Bank (June 2) and will become Company CFO on or around August 15, 2025.
Philip Watkins, current CFO, transitions to EVP Head of Corporate Development and IR effective August 15, 2025.
McCollom receives $500k base salary, 70% STI target, 100% LTI target for 2025, all performance-based.
McCollom brings 35+ years experience, most recently CFO of Fulton Financial Corp ($30B assets) from 2017-2024.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Philip Watkins

Executive Vice President, Head of Corporate Development and Investor Relations

CUBI · Customers Bancorp, Inc.

Effective: 2025-08-15
Successor: Mark McCollom
Filed: June 2, 2025, 7:59 PM ET

Mr. Philip Watkins, currently Executive Vice President, Chief Financial Officer of the Company, will transition to Executive Vice President, Head of Corporate Development and Investor Relations, on or around August 15, 2025.

Appointed

Mark McCollom

Executive Vice President, Chief Financial Officer

CUBI · Customers Bancorp, Inc.

Effective: 2025-06-02
Filed: June 2, 2025, 7:59 PM ET

Mark McCollom has been appointed Executive Vice President, Chief Financial Officer of Customers Bank, the Company’s wholly owned subsidiary, effective June 2, 2025, and will assume the role of Executive Vice President, Chief Financial Officer of the Company from Mr. Watkins effective on or around August 15, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Philip Watkins changed role as Executive Vice President, Head of Corporate Development and Investor Relations at Customers Bancorp, Inc..

Action: transitioned
Role: Executive Vice President, Head of Corporate Development and Investor Relations

Exact text from the filing

Mr. Philip Watkins, currently Executive Vice President, Chief Financial Officer of the Company, will transition to Executive Vice President, Head of Corporate Development and Investor Relations, on or around August 15, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Mark McCollom was appointed as Executive Vice President, Chief Financial Officer at Customers Bancorp, Inc..

Action: appointed
Role: Executive Vice President, Chief Financial Officer

Exact text from the filing

Mark McCollom has been appointed Executive Vice President, Chief Financial Officer of Customers Bank, the Company’s wholly owned subsidiary, effective June 2, 2025, and will assume the role of Executive Vice President, Chief Financial Officer of the Company from Mr. Watkins effective on or around August 15, 2025.

View on SEC.gov

Customers Bancorp, Inc. filing history →

Source: SEC EDGAR

accession 0001488813-25-000050

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