Customers Bancorp Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

Jay Sidhu (70 yo)

14.08yrs

Tenure

US$3,900,601

Compensation

Mr. Jay S. Sidhu is Chairman and Chief Executive Officer of Customers Bancorp, Inc. and Executive Chairman of Customers Bank. From 1989 to 2006, Mr. Sidhu was the Chairman and CEO of Sovereign Bancorp,...


CEO Compensation Analysis

How has Jay Sidhu's remuneration changed compared to Customers Bancorp's earnings?
DateTotal Comp.SalaryCompany Earnings
Dec 31 2022n/an/a

US$218m

Sep 30 2022n/an/a

US$293m

Jun 30 2022n/an/a

US$342m

Mar 31 2022n/an/a

US$343m

Dec 31 2021US$4mUS$736k

US$340m

Sep 30 2021n/an/a

US$295m

Jun 30 2021n/an/a

US$232m

Mar 31 2021n/an/a

US$195m

Dec 31 2020US$2mUS$764k

US$129m

Sep 30 2020n/an/a

US$98m

Jun 30 2020n/an/a

US$74m

Mar 31 2020n/an/a

US$58m

Dec 31 2019US$3mUS$736k

US$67m

Sep 30 2019n/an/a

US$55m

Jun 30 2019n/an/a

US$34m

Mar 31 2019n/an/a

US$49m

Dec 31 2018US$2mUS$681k

US$57m

Sep 30 2018n/an/a

US$61m

Jun 30 2018n/an/a

US$63m

Mar 31 2018n/an/a

US$63m

Dec 31 2017US$8mUS$636k

US$64m

Sep 30 2017n/an/a

US$63m

Jun 30 2017n/an/a

US$77m

Mar 31 2017n/an/a

US$73m

Dec 31 2016US$4mUS$636k

US$69m

Compensation vs Market: Jay's total compensation ($USD3.90M) is about average for companies of similar size in the US market ($USD3.64M).

Compensation vs Earnings: Jay's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Jay Sidhu
Founder12.83yrsUS$3.90m4.85%
$ 50.3m
Samvir Sidhu
President & Vice Chairman1.58yrsUS$7.82m0.18%
$ 1.9m
Carla Leibold
Executive VP & CFO4.25yrsUS$1.78m0.15%
$ 1.6m
Andrew Bowman
Senior EVP3.08yrsUS$512.57k0.016%
$ 163.7k
Lyle Cunningham
Executive VP & Chief Lending Officerno dataUS$590.16k0.016%
$ 165.3k
Jessie John Velasquez
Executive VP & Chief Accounting Officer2.83yrsno data0.0018%
$ 18.9k
Andrew Sachs
Executive VP1.58yrsno datano data
David Patti
Director of Communicationsno datano datano data
Robert Fischer
Senior Vice President12.5yrsno datano data
Timothy Romig
Regional Chief Lending Officer12.5yrsno datano data
Mary Scalese
Chief Auditor & Executive VP7.83yrsno datano data
Tammy Sibalic
SVP & Director of Corporate Planningno datano datano data

4.3yrs

Average Tenure

56.5yo

Average Age

Experienced Management: CUBI's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jay Sidhu
Founder14.08yrsUS$3.90m4.85%
$ 50.3m
Daniel Rothermel
Lead Independent Director14.08yrsUS$234.91k0.30%
$ 3.1m
Steven Zuckerman
Independent Director14.08yrsUS$200.03k0.20%
$ 2.1m
Robert Buford
Independent Director2.58yrsUS$165.15k0.034%
$ 352.8k
Andrea Allon
Independent Director6.67yrsUS$182.58k0.092%
$ 957.0k
T. Way
Independent Director18.08yrsUS$200.03k0.35%
$ 3.7m
Rajeev Date
Director0.50yrno data0.0024%
$ 24.8k
General Banks
Director1.08yrsno data0.017%
$ 172.1k
Robert Mackay
Director1.08yrsno data0.016%
$ 166.4k

6.7yrs

Average Tenure

70yo

Average Age

Experienced Board: CUBI's board of directors are considered experienced (6.7 years average tenure).