Banking
Customers Bancorp Executive Compensation (FY25)
CUBI · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Sam Sidhu | Median of the other named officers $0 5 officers, excluding the chief executive | Latest say-on-pay support = May 26, 2026 | Chief executive pay ratio ◇ To the median employee |
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Data as of October 19, 2026Latest filing (8-K): May 28, 2026
14 filings cited on this page
Method: intel.velarion.ai/methodology
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312 figures on this page: 303 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
More on Customers Bancorp
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Sam Sidhu: $2,312,026 → $12,927,331
Say-on-pay support: 95.4% → 67.9% (27.5 points lower)
CEO pay ratio: 25.5:1 → 21:1 (17.6% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Customers Bancorp's chief executive and what were they paid?
Sam Sidhu, President and Chief Executive Officer, received $12,927,331 in total compensation for fiscal 2025. Sidhu's total moved up from the $2,312,026 reported for fiscal 2024.
What was Customers Bancorp's say-on-pay result?
The say-on-pay proposal drew 67.9% of votes cast for or against in favor at the meeting held May 26, 2026 for fiscal 2025.
Which companies are in Customers Bancorp's peer group?
The disclosed peer group names Associated Banc-Corp, Atlantic Union Bankshares Corporation, Axos Financial, Inc., BankUnited, Inc. and Commerce Bancshares, Inc., among others.
What is Customers Bancorp's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 21:1, against median employee compensation of $141,216.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jay Sidhu Executive Chairman and Former Chief Executive Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Sam Sidhu President and Chief Executive Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Carla Leibold Former EVP, Chief Financial Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Lyle Cunningham EVP, Chief Banking Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Andrew Bowman Former SEVP, Chief Credit Officer Departed during or after this year | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jay Sidhu Chairman & Chief Executive Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Sam Sidhu Vice Chair & President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Carla Leibold Former EVP, Chief Financial Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Lyle Cunningham EVP, Chief Lending Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Andrew Bowman Former SEVP, Chief Credit Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jay Sidhu Chairman & Chief Executive Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Carla Leibold Former EVP, Chief Financial Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Sam Sidhu Vice Chair & President | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Lyle Cunningham EVP, Chief Banking Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Thomas Kasulka EVP, Chief Credit Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Philip Watkins EVP, Chief Financial Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Sam Sidhu President and Chief Executive Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Jay Sidhu Executive Chairman and Former Chief Executive Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Philip Watkins EVP, Head of Corporate Development and Investor Relations and Former Chief Financial Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | — not reconciled |
Lyle Cunningham EVP, Chief Banking Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | — not reconciled |
Thomas Kasulka EVP, Chief Credit Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | — not reconciled |
Mark McCollom EVP, Chief Financial Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Jay S. Sidhu | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jay S. Sidhu | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jay S. Sidhu | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Lyle P. Cunningham | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Philip S. Watkins | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Philip S. Watkins | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Philip S. Watkins | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Sam Sidhu | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Sam Sidhu | PSU | ◇ | — | ◇ | — | — | — | ◇ |
| Sam Sidhu | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Sam Sidhu | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Thomas H. Kasulka | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Sam Sidhu | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 4/28/2031 | |
| Option | ◇ | — | ◇ | 2/24/2031 | |
| Lyle Cunningham | RSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | 2/24/2031 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 12/19/2034 | |
| Jay Sidhu | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Philip Watkins | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 2/24/2031 | |
| Thomas Kasulka | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 12/19/2034 |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
Jay Sidhu
Executive Chairman of the Board of Directors · Employment agreement
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Equity acceleration on change in control | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Lyle Cunningham
EVP, Chief Banking Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Change-in-control multiple | ◇ |
| Equity acceleration on change in control | ◇ |
| Excise tax treatment | ◇ |
Philip Watkins
EVP, Head of Corporate Development and Investor Relations and Former Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Equity acceleration on change in control | ◇ |
| Excise tax treatment | ◇ |
Thomas Kasulka
EVP, Chief Credit Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Equity acceleration on change in control | ◇ |
| Excise tax treatment | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Daniel K. Rothermel | ◇ | ◇ | — | — | — | — | ◇ |
Andrea R. Allon | ◇ | ◇ | — | — | — | — | ◇ |
Robert J. Buford | — | ◇ | — | — | — | — | ◇ |
Robert N. Mackay | — | ◇ | — | — | — | — | ◇ |
Bernard B. Banks | — | ◇ | — | — | — | — | ◇ |
Steven J. Zuckerman | — | ◇ | — | — | — | — | ◇ |
T. Lawrence Way Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Rajeev V. Date | ◇ | ◇ | — | — | — | — | ◇ |
Robert M. Krasne | — | ◇ | — | — | — | — | ◇ |
Dalton T. Sirmans | ◇ | ◇ | — | — | — | — | ◇ |
M. Michael Gill | ◇ | ◇ | — | — | — | — | ◇ |
Susan D. Looney | ◇ | ◇ | — | — | — | — | ◇ |
Samvir S. Sidhu, Jay S. Sidhu and Sam Sidhu served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Equity is delivered as Voting Common Stock.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Associated Banc-Corp ASB
- Atlantic Union Bankshares Corporation AUB
- Axos Financial, Inc. AX
- BankUnited, Inc. BKU
- Commerce Bancshares, Inc. CBSH
- Community Financial System, Inc. CBU
- Cullen/Frost Bankers Inc. CFR
- Eastern Bankshares, Inc. EBC
- F.N.B. Corporation FNB
- FB Financial Corporation FBK
- First Busey Corporation BUSE
- First Financial Bancorp. FFBC
- First Merchants Corporation FRME
- Fulton Financial Corporation FULT
- Independent Bank Corp. INDB
- Live Oak Bancshares, Inc. LOB
- Northwest Bancshares, Inc. NWBI
- Old National Bancorp ONB
- Pinnacle Financial Partners, Inc. PNFP
- Provident Financial Services, Inc. PFS
- Sandy Spring Bancorp Inc. SASR
- TowneBank TOWN
- United Bankshares, Inc. UBSI
- United Community Banks, Inc. UCB
- WesBanco, Inc. WSBC
- WSFS Financial Corporation WSFS
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 26, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 27, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 28, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 30, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 31, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 26, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 27, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 30, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 23, 2018 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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- Sam Sidhu (President and Chief Executive Officer), FY2025 total compensation $12,927,331 (base salary $725,000) [exec_comp, SEC accession 0001488813-26-000048, filed 2026-04-14]What this page does not include
Everything above is a fact Customers Bancorp disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Customers Bancorp sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceSay-on-pay responsiveness
Customers Bancorp recorded a low support level. The responsiveness analysis covers what the company said it would do, what it did, and how that compares with the companies that recovered their vote.
Responsiveness analysisAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
312 figures on this page: 303 cited to the filing that reported them, 9 calculated from figures it prints.
303 cited to the filing
9 calculated from the filing
Documents cited
- 0001488813-26-000073
- 0001488813-26-000048CEO Pay Ratio · DIRECTOR COMPENSATION · Grants of Plan Based Awards · Outstanding Equity Awards at Fiscal Year End · and 1 more section
- 0001488813-26-000005Employment Agreement
- 0001488813-25-000047
- 0001488813-25-000025Compensation Discussion and Analysis · Summary Compensation Table
- 0001488813-24-000061
- 0001488813-24-000022Summary Compensation Table
- 0001488813-23-000063
- 0001488813-23-000044Summary Compensation Table
- 0001488813-22-000050
- 0001488813-21-000132
- 0001488813-20-000140Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001488813-19-000040
- 0001488813-18-000021
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Customers Bancorp executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/CUBI (accessed 2026).
Short form: data: Velarion
The paid brief for Customers Bancorp
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
14 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Customers Bancorp discloses
The companies named in CUBI's own disclosed peer group.
Associated Banc-CorpAtlantic Union Bankshares CorporationAxos Financial, Inc.BankUnited, Inc.Commerce Bancshares, Inc.Community Financial System, Inc.Cullen/Frost Bankers Inc.Eastern Bankshares, Inc.F.N.B. CorporationFB Financial CorporationFirst Busey CorporationFirst Financial Bancorp.First Merchants CorporationFulton Financial CorporationIndependent Bank Corp.Live Oak Bancshares, Inc.Northwest Bancshares, Inc.Old National BancorpPinnacle Financial Partners, Inc.Provident Financial Services, Inc.Sandy Spring Bancorp Inc.TowneBankUnited Bankshares, Inc.United Community Banks, Inc.
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}