MAR 24·TipRanks→
Customers Bancorp announces planned retirement of board member
Customers Bancorp announced that board member Robert N. Mackay will retire after the 2026 annual meeting due to increasing demands from his CEO role at a global regulatory technology company. His departure is part of routine board succession planning and is not due to any disagreement with the company. The company's stock, CUBI, currently holds a "Hold" rating from analysts with a $71.00 price target.
FEB 25·The Slate Online→
Lessons in leadership with entrepreneurs Jay Sidhu and Sherrod Davis
Shippensburg University hosted a special event featuring entrepreneurs Jay Sidhu and Sherrod Davis, who shared their experiences in leadership, commitment, and resiliency. Sidhu, executive chairman of Customers Bancorp, discussed his journey in banking, while Davis, CEO of Ecomap Technologies, spoke about overcoming challenges and failures. The event, geared toward students, faculty, staff, and the community, emphasized controlling attitudes and efforts in the face of life's obstacles and encouraged attendees to pursue their dreams.