Prior to joining BankUnited, Mr.Kanas was President and Chief Executive Officer of North Fork Bancorporation,Inc. from 1977 until its acquisition by Capital One in Between August 2007 and May 2009, Mr.Kanas was an independent consultant. An As part of that review, the Audit Committee has received the written disclosures Today, Centerbridge is considered one of the most prominent investing firms, with recent investments in GoHealth, the online health insurance markeplace, and Civitas Solutions Inc., a provider of. You are entitled to vote at the Annual Meeting and at any adjournments or postponements thereof if you were a Where can I find the voting results of the Annual Meeting? [13], In August 2016, Centerbridge Partners, together with Canyon Capital Advisors, Vrde Partners and seven other funds, participates in the rescue of Spanish giant Abengoa, injecting a combined 1.17 billion. the His net worth has been growing significantly in 2022-2023. The [18], In the fall of 2020, Centerbridge took a minority stake in FreshDirect, an online grocer. John A. Kanas, 65, has served on our Board since its inception in May 2009. with the SEC and the NYSE. evaluations of the Company's internal controls and the overall quality of the Company's financial reporting and compliance programs. We will update Lance West's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. Other than the Blackstone Funds, no stockholder of the Company was issued shares of BSA and AML; and overall operations and credit risk management. Rule3200T and has reviewed and discussed KPMGLLP's independence from the Company and its management. approve the compensation of our named executive officers. performance in serving in these dual capacities, and believes that Mr.Kanas has provided effective leadership and guidance in the pursuit of the Company's strategic objectives during his We have a separately-designated standing Audit Committee established in accordance with section3(a)(58)(A) of the Securities internal accounting controls or auditing matters. Mr.Melby joined BankUnited subsequent to our formation and was not required to invest any of his personal assets in our In 2005, Mr.Kanas was recognized by "Institutional Investor" as the best regional bank CEO in America. Since Mr.Sarkozy's qualifications to serve on our Board include his extensive experience working with depository After an 11223 season as Alaska's head coach, the Nanooks named Erik Largen as permanent head coach, and West returned to AlabamaHuntsville for the 201819 season as an assistant under Mike Corbett. exercisable options under the 2010 Omnibus Equity Incentive Plan to acquire a total of 3,023,314 shares of our common stock, which options have an exercise price per share equal to the initial public 4) are matters considered non-routine under applicable rules. The In In Please take the time to carefully read each of the proposals described in the attached Investment funds affiliated with The Carlyle Group: Investment funds affiliated with Centerbridge Partners,L.P.(16), Investment funds affiliated with The Blackstone Group(17). Mr.DeMark served as the Advisory Northeast Area Managing Partner at KPMGLLP from October 2005 until his retirement. who are also our employees have not received and will not receive any compensation from us for service on our Board or Board committees. our former Chief Financial Officer prior to his departure. The Mr.Ross is the Chairman and Chief Executive officers. The Mr.DeMark also developed the firm's first study guide on SEC reporting. Mr.O'Brien's qualifications to serve on our Board include his 34years of banking experience and his deep In addition, our Compensation Committee was responsible for vetting and approving our 401(k) plan and Nonqualified Deferred (using a Touch-Tone Phone); or 2. The you can vote in one of three ways: 1. Our Nominating and Corporate Governance Committee is responsible for making recommendations to our Board of Directors regarding At 53 years old, Lance West height not available right now. Stockholders requesting electronic delivery may incur costs, such as He has also served as our Chairman, President and Chief also of DJ Orthopedics, Biomet, Catalent Pharma Solutions, Alliant, ReAble Therapeutics, Celanese, Nalco, SunGard Data Systems, Nycomed and LIFFE. Mr.Kanas' prior history. Menu John Bohlsen, 69, has served on our Board since its inception in May 2009. as directors the number of individuals designated by the Sponsors and Mr.Kanas as follows: In The cash componentsbase salary and discretionary cash bonus compensationcollectively represent what we believe is appropriate pay for Board's affairs and perform his or her duties to the highest standards. Jeff Aronson net worth and salary: Jeff Aronson is an American businessman who has a net worth of $200 million. The Each Management Member's amended and restated employment agreement with BankUnited and new employment agreement with SEC. COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS IN THE FUTURE. If you do not wish to vote in person or you will not be attending the Annual Meeting, you may vote by proxy. Hibernia Bank in Louisiana and Texas and Capital One Direct Bank in Richmond, Virginia. This restricted common stock vests in determination is made based primarily on the following criteria: (i)a candidate's special skills, expertise and background that would enhance or complement the mix of the existing Directors, non-audit services provided to the Company by KPMGLLP in fiscal year 2011. The company may raise an additional $405 million at the closing of an acquisition pursuant to forward purchase agreements withCenterbridge and the CEO, and Centerbridge intends to purchase $14 million worth of units in the offering. Mr.Kanas served as the Chairman of our Executive Committee up until the time the Committee was eliminated in February 2012 as part of its conversion to a Ross From and the immediate family members of these persons. This framework, which involves ongoing participation and oversight by our Board, captures compensation-related risk Link to Centerbridge Partners Europe, LLP Best Execution Information, Registered with the United States Securities and Exchange Commission (IARD/CRD Number 157359), Authorized and regulated by the UK Financial Conduct Authority (Registration Number 544525). If you vote on the internet or by telephone, you do not need to return your proxy card or voting instruction card. recommendation. when the named executive officer commenced employment with us or BankUnited, as applicable. In specific minimum qualifications which must be met for a person to be considered as a candidate for director. provisions of the Company's Amended and Restated By-Laws (and not pursuant to Exchange Act Rule14a-8) must be received no earlier than January9, 2013, and no The Audit Committee is primarily responsible for overseeing matters involving the The planning experience. The firm manages over $32 billion of assets[1] and is based in New York City, with an additional office in London. Proxy Statement. of record by the undersigned on March 26, 2012, during or at any adjournment The cordially invite you to attend BankUnited,Inc.'s Annual Meeting of Stockholders. Abstentions and broker non-votes will have no effect on this proposal. Jeff Aronson Net Worth His net worth has been growing significantly in 2021-2022. candidates are also selected based upon various criteria including their character and reputation, relevant business experience and acumen, and relevant educational background. Electrical Engineering from the California Institute of Technology in 1983 and graduated magna cum laude with a B.S. We Preferred Stock are entitled to receive the same per share cash dividend as the holders of Common Stock. The Board We The Board of Annual Report will be promptly delivered to any stockholder at a shared address to which the Company delivered a single copy of any of these documents. [15][16], During the 2020 Democratic Party presidential primaries, Pete Buttigieg received scrutiny for accepting donations from members of Centerbridge due to the firm's "reputation for its work buying up distressed debt in Puerto Rico. 3 Years Abstain. its independence and performance and set clear hiring policies for employees or former employees of the independent registered public accounting firm. the employment of either Mr.Pauls or Mr.Singh is terminated in a Qualifying Termination, he is entitled to receive: Furthermore, Ambassador Cobb was engaged at the U.S. Department of State's Leadership and Management School as co-chair of periodic mandatory seminars for newly designated U.S. ambassadors. In newly issued shares that are issued under the BankUnited,Inc. 2010 Omnibus Equity Incentive Plan. nomination and the stockholder giving the notice, the beneficial owner on whose behalf the notice is made, if any, and any affiliate or associate of the stockholder or the beneficial owner described in more detail under the heading "Compensation Discussion and AnalysisExecutive Compensation," we believe that the compensation program for our named executive Company's voting securities; (2)each of the Company's executive officers, directors and director nominees; and (3)all of the Company's directors and named executive officers as a the Center for Strategic and International Studies, The Council of American Ambassadors, and the Council on Foreign Relations. There is NO CHARGE to you for this While our full Board of Directors maintains the ultimate oversight responsibility for the risk management process, its committees oversee risk in certain specified stockholders and until such director's successor is duly elected and qualified, or such director's earlier death, resignation or removal. provisions applicable to them. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. The deal was part of a buyout of the company along with Dutch-based food retailer Ahold Delhaize.[19]. Against Abstain Date Sign above Co-holder (if any) sign above Please be sure including the determination of grant amounts, vesting terms and exercise prices of awards under such plans. We use a combination of cash and stock-based incentive compensation to attract and retain independent, qualified candidates to serve on independent directors. "[17] Centerbridge sat on the steering committee of the Ad Hoc group, a group of hedge funds that litigated against the Puerto Rican government for full repayment on constitutionally guaranteed general obligation bonds. automatically convert into the securities, cash or property that the holders of Common Stock would receive in such transaction, subject to certain limitations specified in the Certificate of invested in us. This proxy University School of Management and the Harvard Business School Club of New York.