An announcement from Customers Bancorp (CUBI) is now available.
Customers Bancorp, Inc has elevated Philip Watkins, previously the CFO of Customers Bank, to the role of Chief Financial Officer for the parent company. Watkins, who joined Customers Bank in 2020 and has a background in real estate and digital lending, as well as experience as the CFO of Megalith Financial Acquisition Corp, steps into the position with no family ties to the company’s leadership and no new compensatory arrangements tied to his promotion. He succeeds Carla A. Leibold, who was dismissed for cause due to policy violations, a claim she contests.
For a thorough assessment of CUBI stock, go to TipRanks’ Stock Analysis page.