---
schema_version: "secwatch.filing_event.v1"
accession: "0001488813-26-000005"
form_type: "8-K"
ticker: "CUBI"
cik: "0001488813"
company_name: "Customers Bancorp, Inc."
filed_at: "2026-01-05T23:59:59+00:00"
generated_at: "2026-05-16T11:39:16.688002+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001488813-26-000005
- form_type: 8-K
- ticker: CUBI
- cik: 0001488813
- company_name: Customers Bancorp, Inc.
- filed_at: 2026-01-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1488813/000148881326000005/0001488813-26-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1488813/000148881326000005/cubi-20251231.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001488813-26-000005
- JSON: https://secwatch.observer/filing/0001488813-26-000005.json
- Plain text: https://secwatch.observer/filing/0001488813-26-000005.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.