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
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2022 | n/a | n/a | US$218m |
| Sep 30 2022 | n/a | n/a | US$293m |
| Jun 30 2022 | n/a | n/a | US$342m |
| Mar 31 2022 | n/a | n/a | US$343m |
| Dec 31 2021 | US$4m | US$736k | US$340m |
| Sep 30 2021 | n/a | n/a | US$295m |
| Jun 30 2021 | n/a | n/a | US$232m |
| Mar 31 2021 | n/a | n/a | US$195m |
| Dec 31 2020 | US$2m | US$764k | US$129m |
| Sep 30 2020 | n/a | n/a | US$98m |
| Jun 30 2020 | n/a | n/a | US$74m |
| Mar 31 2020 | n/a | n/a | US$58m |
| Dec 31 2019 | US$3m | US$736k | US$67m |
| Sep 30 2019 | n/a | n/a | US$55m |
| Jun 30 2019 | n/a | n/a | US$34m |
| Mar 31 2019 | n/a | n/a | US$49m |
| Dec 31 2018 | US$2m | US$681k | US$57m |
| Sep 30 2018 | n/a | n/a | US$61m |
| Jun 30 2018 | n/a | n/a | US$63m |
| Mar 31 2018 | n/a | n/a | US$63m |
| Dec 31 2017 | US$8m | US$636k | US$64m |
| Sep 30 2017 | n/a | n/a | US$63m |
| Jun 30 2017 | n/a | n/a | US$77m |
| Mar 31 2017 | n/a | n/a | US$73m |
| Dec 31 2016 | US$4m | US$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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 12.83yrs | US$3.90m | 4.85% $ 50.3m | |
| President & Vice Chairman | 1.58yrs | US$7.82m | 0.18% $ 1.9m | |
| Executive VP & CFO | 4.25yrs | US$1.78m | 0.15% $ 1.6m | |
| Senior EVP | 3.08yrs | US$512.57k | 0.016% $ 163.7k | |
| Executive VP & Chief Lending Officer | no data | US$590.16k | 0.016% $ 165.3k | |
| Executive VP & Chief Accounting Officer | 2.83yrs | no data | 0.0018% $ 18.9k | |
| Executive VP | 1.58yrs | no data | no data | |
| Director of Communications | no data | no data | no data | |
| Senior Vice President | 12.5yrs | no data | no data | |
| Regional Chief Lending Officer | 12.5yrs | no data | no data | |
| Chief Auditor & Executive VP | 7.83yrs | no data | no data | |
| SVP & Director of Corporate Planning | no data | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 14.08yrs | US$3.90m | 4.85% $ 50.3m | |
| Lead Independent Director | 14.08yrs | US$234.91k | 0.30% $ 3.1m | |
| Independent Director | 14.08yrs | US$200.03k | 0.20% $ 2.1m | |
| Independent Director | 2.58yrs | US$165.15k | 0.034% $ 352.8k | |
| Independent Director | 6.67yrs | US$182.58k | 0.092% $ 957.0k | |
| Independent Director | 18.08yrs | US$200.03k | 0.35% $ 3.7m | |
| Director | 0.50yr | no data | 0.0024% $ 24.8k | |
| Director | 1.08yrs | no data | 0.017% $ 172.1k | |
| Director | 1.08yrs | no data | 0.016% $ 166.4k |
6.7yrs
Average Tenure
70yo
Average Age
Experienced Board: CUBI's board of directors are considered experienced (6.7 years average tenure).