Business Context and Reporting Period
This Form 8-K filing by Customers Bancorp, Inc. (CUBI) reports on events occurring on September 24, 2025. The registrant is a Pennsylvania corporation with principal executive offices in West Reading, PA. The filing specifically addresses corporate governance changes regarding the Board of Directors.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel appointments and does not contain financial performance data.
Material Changes
The primary material change reported is the appointment of four new directors to the Board of Directors, effective October 29, 2025:
- Maurice Michael "Mike" Gill: Retired attorney with 13 years at Accenture LLP and over 25 years of transactional law experience.
- Robert Krasne: Co-Chair of The Steinman Foundation and former CEO of Steinman Communications.
- Susan Looney: Sixth president of Reading Area Community College.
- Dalton Sirmans: Co-Founder and Senior Partner of Amplio Ventures and former CEO of MainStreet Technologies.
Consequently, the size of the Board will increase to twelve members. All four appointees will also serve as directors of the wholly owned subsidiary, Customers Bank.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, or management commentary regarding future financial performance. No risks or contingencies are disclosed in this specific report. The document confirms there are no related party transactions reportable under Item 404(a) of Regulation S-K involving the new directors.
Investor Verification Checklist
- Verify the effective date of the new board appointments (October 29, 2025).
- Confirm the total board size is now twelve members.
- Review the compensation structure for non-employee directors to understand pro-rated payments for the current fiscal year.
- Check subsequent filings for any financial updates, as this 8-K contains no financial data.