secwatch.observer — SEC 8-K summary
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Issuer:     Customers Bancorp, Inc. (CUBI)
CIK:        0001488813
Form:       8-K
Filed at:   2025-06-02T23:59:59+00:00
Accession:  0001488813-25-000050
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1488813/000148881325000050/0001488813-25-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1488813/000148881325000050/cubi-20250528.htm
  HTML page:      https://secwatch.observer/filing/0001488813-25-000050

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer