Sam Sidhu becomes CEO of Customers Bancorp and joins board; Jay Sidhu named Executive Chairman

Customers Bancorp, Inc.

Sam Sidhu appointed CEO effective Jan 1, 2026, succeeding Jay Sidhu under planned July 2025 succession.
Sam Sidhu also appointed to board; board size increased to 13 members; no director compensation for him.
Jay Sidhu new employment: $650k base salary, 200% LTIP target, $300k/yr non-qualified SERP for 15 years.
Sam Sidhu employment: $975k base, LTIP 150% target, STIP 100% target, $600k/yr SERP for life, plus 225,000 performance RSUs.
Customers Bancorp has over $24 billion in assets, grown organically from $200M under Jay Sidhu's leadership.

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