An announcement from Customers Bancorp (CUBI) is now available.
Customers Bancorp, Inc. has finalized a severance agreement with Carla A. Leibold, its former Executive Vice President and CFO, who will receive $2.5 million in post-employment compensation over two years. Leibold has given up all her unvested equity awards and will no longer benefit from her executive retirement and insurance plans, but the non-disclosure and non-compete clauses from her previous contract remain in effect. Additionally, she may be compensated for cooperation on certain matters post-employment.
For an in-depth examination of CUBI stock, go to TipRanks’ Stock Analysis page.
