Jay Sidhu Net Worth

The estimated Net Worth of Jay S Sidhu is at least $21.2 Million dollars as of 5 December 2023. Mr. Sidhu owns over 10,000 units of Customers Bancorp Inc stock worth over $7,638,002 and over the last 11 years he sold CUBI stock worth over $10,486,833. In addition, he makes $3,051,310 as Chairman of the Board and Chief Executive Officer at Customers Bancorp Inc.

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Mr. Sidhu CUBI stock SEC Form 4 insiders trading

Jay has made over 28 trades of the Customers Bancorp Inc stock since 2013, according to the Form 4 filled with the SEC. Most recently he sold 10,000 units of CUBI stock worth $485,400 on 5 December 2023.

The largest trade he's ever made was exercising 1,498,088 units of Customers Bancorp Inc stock on 20 December 2017 worth over $17,332,878. On average, Jay trades about 29,609 units every 38 days since 2013. As of 5 December 2023 he still owns at least 157,290 units of Customers Bancorp Inc stock.

You can see the complete history of Mr. Sidhu stock trades at the bottom of the page.

Jay Sidhu biography

Jay S. Sidhu serves as Chairman of the Board, Chief Executive Officer of the Company. Mr. Sidhu joined Customers Bank as Chairman and Chief Executive Officer in the second quarter of 2009. Before joining Customers Bank, Mr. Sidhu was the Chief Executive Officer of Sovereign Bank from 1989 and its Chairman from 2002 until his retirement on December 31, 2006. Mr. Sidhu was also the Chairman and Chief Executive Officer of SIDHU Advisors, LLC, a consulting firm. Mr. Sidhu received Financial World's CEO of the year award in 2007, 2008 and 2009, and was named Turnaround Entrepreneur of the Year. In 2016, he was named Financial Technology Entrepreneur of the year. He has received many other awards and honors, including a Hero of Liberty Award from the National Liberty Museum. Mr. Sidhu also serves as a Director of Atlantic Coast Financial Corporation, the holding company for Atlantic Coast Bank, with main offices in Jacksonville, Florida. Mr. Sidhu has also served on the boards of numerous businesses and not-for-profits, including as a member of the board of Grupo Santander. He obtained an MBA from Wilkes University and is a graduate of Harvard Business School's Leadership Course. Mr. Sidhu also helped establish the Jay Sidhu School of Business and Leadership at Wilkes University.

What is the salary of Jay Sidhu?

As the Chairman of the Board and Chief Executive Officer of Customers Bancorp Inc, the total compensation of Jay Sidhu at Customers Bancorp Inc is $3,051,310. There are no executives at Customers Bancorp Inc getting paid more.

How old is Jay Sidhu?

Jay Sidhu is 68, he's been the Chairman of the Board and Chief Executive Officer of Customers Bancorp Inc since 2010. There are 6 older and 12 younger executives at Customers Bancorp Inc. The oldest executive at Customers Bancorp Inc is Daniel Rothermel, 82, who is the Lead Independent Director.

Insiders trading at Customers Bancorp Inc

Over the last 11 years, insiders at Customers Bancorp Inc have traded over $44,967,306 worth of Customers Bancorp Inc stock and bought 243,628 units worth $4,419,016 . The most active insiders traders include Jay S Sidhu, Richard A Ehst, and Bhanu Choudhrie. On average, Customers Bancorp Inc executives and independent directors trade stock every 33 days with the average trade being worth of $1,732,378. The most recent stock trade was executed by Samvir S. Sidhu on 13 August 2024, trading 2,500 units of CUBI stock currently worth $113,825.

What does Customers Bancorp Inc do?

what we believe in: at customers bank, we are dedicated to providing exceptional value, service and convenience as part of an overall effortless banking experience. our high-tech, high-touch approach to banking allows us to deliver a superior selection of products and services. who we serve: we’re a community-based, full-service bank that offers a continually expanding portfolio of loans to small businesses, multi-family projects, mortgage companies and consumers in pennsylvania, new york, rhode island, new hampshire, massachusetts, and new jersey. our way of banking: our high-tech approach ensures that our customers have access to the all the latest and most convenient mobile and online banking tools. but when high-tech isn’t enough, customers have the convenience of concierge banking® — face-to-face banking by appointment at customers’ homes or offices 12 hours a day, seven days a week. our single-point-of-contact model means that customers have just one phone number to call for virt

Complete history of Mr. Sidhu stock trades at Customers Bancorp Inc

Customers Bancorp Inc executives and stock owners

Customers Bancorp Inc executives and other stock owners filed with the SEC include:

• Jay Sidhu,
  Chairman of the Board, Chief Executive Officer
• Richard Ehst,
  President, Chief Operating Officer and Chief Executive Officer of Customers Bank
• Jay S. Sidhu,
  Founder, Chairman & CEO
• Carla Leibold,
  Chief Financial Officer, Executive Vice President, Treasurer
• Lyle P. Cunningham,
  Exec. VP & Chief Lending Officer
• Carla A. Leibold,
  Exec. VP & CFO
• Andrew Hertz Bowman,
  Sr. EVP, Chief Credit Officer
• James Collins,
  Senior Executive Vice President, Chief Administrative Officer
• Thomas Jastrem,
  Executive Vice President, Chief Risk Officer
• Daniel Rothermel,
  Lead Independent Director
• Steven Zuckerman,
  Independent Director
• T. Lawrence Way,
  Independent Director
• Rick Burkey,
  Independent Director
• Andrea Allon,
  Independent Director
• Bhanu Choudhrie,
  Independent Director
• Robert Buford,
  Director
• Jessie Velasquez,
  Principal Accounting Officer
• David W. Patti,
  Director of Communications
• Andrew B. Sachs Esq.,
  Exec. VP, Gen. Counsel & Corp. Sec.
• William J. Pizzichil,
  Exec. VP & Chief Compliance Officer
• Jennifer L. Frost,
  Exec. VP & Chief Admin. Officer
• Jessie John Deano Velasquez,
  Exec. VP & Chief Accounting Officer
• Timothy D. Romig,
  Regional Chief Lending Officer
• Robert Fischer,
  Sr. VP, Relationship Mang. and Member of the Lending Team
• Robert G. Philips,
  Sr. VP
• Samvir S. Sidhu,
  Head of Corp. Devel. & Director
• Robert Hutcheson Ramsey CFA,
  Director of Investor Relations & Strategic Planning
• Philip Watkins,
  CFO Customers Bank
• Joan Patricia Cheney,
  Chief Risk Officer
• Robert Neil Mackay,
  
• Robert E. Wahlman,
  CFO&Executive Vice President
• Bernard Bennett Banks,
  
• Jeffrey C. Skumin,
  Chief Accounting Officer
• James D Hogan,
  CFO & EVP
• Warren Taylor,
  Pres&Director CommunityBanking
• John R Miller,
  Director
• Andrew Hertz Bowman,
  EVP and Chief Credit Officer
• Glenn Hedde,
  Pres Mortgage WarehouseLending
• Samvir S. Sidhu,
  President, CEO
• Steven Issa,
  
• Rajeev V Date,
  
• Lyle Cunningham,
  Chief Lending Officer