Customers Bancorp Appoints Stephen Wyremski as Executive Vice President, Chief Operating Officer
CUBI sits 90% above its 52-week low of $40.75 on elevated volume (1.9× avg).
Summary
Customers Bancorp announced the appointment of Stephen Wyremski as Executive Vice President and Chief Operating Officer, bringing extensive financial and operational leadership experience to the role.
Key Events · Executive and Board Changes · CUBI
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New Chief Operating Officer Appointed
Stephen Wyremski has been appointed Executive Vice President, Chief Operating Officer (COO) of Customers Bank, effective January 26, 2026.
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Extensive Industry Experience
Mr. Wyremski previously served as CFO of a commercial bank with over $100 billion in assets and spent nearly a decade at KPMG, bringing significant financial and operational leadership to Customers Bank.
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Compensation Package Details
Wyremski's compensation includes an annual base salary of $450,000, a discretionary bonus target of up to 125% of base salary, an enhanced discretionary performance bonus of up to an additional 25% of base salary, and a $450,000 sign-on bonus (50% cash, 50% RSUs). He also received a $425,000 completion fee for prior consulting services.
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Strategic Alignment
His prior consulting work with Customers Bank focused on finance and data modernization initiatives, aligning with the company's stated investment in growth and digital innovation.
Analysis · CUBI · Finance
Customers Bancorp has appointed Stephen Wyremski as EVP and COO, a key executive role. Wyremski brings over two decades of financial and operational leadership, including experience as CFO of a commercial bank with over $100 billion in assets and a Senior Manager at KPMG. This appointment, following the recent CEO transition, strengthens the executive leadership team and signals a focus on operational excellence and digital innovation. His background in finance and data modernization aligns with the bank's stated strategic priorities.
At the time of this filing, CUBI was trading at $77.52 on NYSE in the Finance sector, with a market capitalization of approximately $2.6B. The 52-week trading range was $40.75 to $82.56. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.