Customers Bancorp announces planned retirement of board member

NodeGuardian · 2026-04-11T13:27:48+00:00

Customers Bancorp's board member Robert N. Mackay will retire after the 2026 annual meeting due to demands from his CEO role. His exit aligns with succession planning, not a disagreement, while analysts maintain a "Hold" rating for CUBI with a $71.00 target.

NodeGuardian

2026-04-11 13:27:48

Abstract generation in progress

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.

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