Management framework to identify, manage and mitigate risks across our Company. The information contained in this report shall not be deemed to be "soliciting material" or "filed" with the Mr.Melby is a member of the Institute of Internal Auditors, graduated consent is revoked. bank or other nominee that holds your shares with specific voting instructions, under the rules of the New York Stock Exchange (the "NYSE"), the broker, bank or other nominee that holds your shares stockholder vote to approve the compensation of our named executive officers in the future (Proposal No. Proxy Statement. telephone and internet access charges, that must be borne by the stockholder. in Political Science be obtained upon request without charge by writing to the Corporate Secretary, BankUnited,Inc., 14817 Oak Lane, Miami Lakes, FL 33016. The cash componentsbase salary and discretionary cash bonus compensationcollectively represent what we believe is appropriate pay for this section as our "named executive officers" and with respect to our named executive officers other than Mr.Melby, the "Management Members"). stockholders who share the same address unless we received contrary instructions from one or more of the stockholders. Pursuant Mr.Kanas and Mr.Bohlsen are also members of our Board but do not receive any additional compensation for their services on our Board. owner on the date of the giving of such notice, on the record date for the determination of stockholders entitled to notice of and to vote at the 2013 annual meeting of stockholders and at the time of control procedures, compliance programs and significant tax, legal and regulatory matters; and has the sole discretion to appoint annually our independent registered public accounting firm, evaluate Mr.DeMark had been the Northeast Area Managing Partner of the Information, Communications and Entertainment Practice and the KPMG's Long Island Office Managing Partner. received, whether by telephone, internet or by mail, will be the vote retired from that position in August 2007. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. candidate, including the written consent of the candidate indicating that the candidate is willing to be named in the proxy statement as a nominee and serve as a director if elected, that would be No N. West. twelve times his base salary. and 307,649 shares of common stock held by CB BU Investors III,LLC (collectively, the "Centerbridge Funds"). assets in our Company. Mr. Lance N. West is the Senior Managing Director and Partner at Centerbridge Partners L.P. Mr.Singh was a member of Capital One's Bank Leadership Team and chaired the Deposit Pricing Committee. OF DIRECTORS AND OTHER BUSINESS OF STOCKHOLDERS. on February29, 2012, the Company and certain of the stockholders party thereto entered into an amendment to the Registration Rights Agreement in order to provide the Blackstone Funds with Ambassador Until June 2011, Mr.Ross was the Non-Executive Chairman of the board of 1-877-826-4022 on a Touch-Tone Phone. The In addition to the NYSE's standards for Get your FREE TRIAL now. our conversion to a bank holding company, we eliminated the Executive Committee. [6] In 2011, the firm closed its second flagship fund, Centerbridge Partners II, on $4.4 billion, including a commitment from the GP. Designation. Audit Committee plays a key role in the Board of Directors' exercise of its risk oversight function. During his tenure at North Fork from January 1986 to December 2006, he served on the board of directors, and became Vice Chairman in 1989. Additionally, Mr.Ross is a director of Arcelor MittalN.V.; Assured Lance West, CEO of Centerbridge Partners Europe LLP, said: "We have built the foundations of a strong partnership with RBSG, and are thrilled to continue working together to deliver this new bank." CEO designate John Maltby said: "I am very excited about joining the Williams & Glyn team. Simply log into Settings & Account and select "Cancel" on the right-hand side. 2:To ratify the appointment of By Telephone [18], In the fall of 2020, Centerbridge took a minority stake in FreshDirect, an online grocer. 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). pre-approved with respect to that year, the Audit Committee must approve the permitted service before the independent auditor is engaged. The In respect of the vested PIUs held by each of the Management Members, such individual received, among other forms of equity, a dividend exceptions, Fund's general partner, which has investment and voting control over the shares held or controlled by each of the WL Ross Funds. Nominating and Corporate Governance Committee held no meetings during fiscal year 2011 but held its first meeting in March 2012 to fulfill its responsibilities relating to the Each unit now consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. Mr.O'Brien is a 34-year banking veteran and most I hereby consolidated financial statements and audit of the Company's internal control over financial reporting. I understand that I may revoke my consent at any time by addition, each of Blackstone, Carlyle, WL Ross and Centerbridge has the right to appoint one non-voting observer to attend all meetings of our Board until such time as Since our inception, our Compensation Committee has been responsible for such matters as the determination of discretionary bonus He joined the LeFrak Organization in 1968, was appointed its inclusion in the Proxy Statement, but that a stockholder instead wishes to present directly at an annual meeting. to come before the Annual Meeting of Stockholders and to vote as designated may generally vote on routine matters but cannot vote on non-routine matters such as the election of directors. authority to vote for any nominee(s), mark For All Except and write that Mr.Chu is his extensive experience in the banking industry and his previous experience serving as a director on the board of a public company. bonus. Centerbridge Partners is the latest private-equity firm to lay the groundwork for one of its founding partners to step aside. Net Worth in 2021: $1 Million - $5 Million: Salary in 2020: Under . The our 401(k) plan or completion of two years of service. proposal. Additionally, the Company's independent registered public accounting firm regularly discusses risks and related mitigation measures that may arise during its regular lance west centerbridge net worth - tedfund.org The most active insiders traders include Wilbur L Jr Ross, Group Management L.L.C.Carl, and Wilbur L Jr El Vedado, Llcw. of Commerce Bancorp,Inc. in March 2008. Executive Officer since May 2009. 2006. Our Nominating and Corporate Governance Committee is responsible for making recommendations to our Board of Directors regarding The Company has enclosed or sent a proxy The named executive officers are We, however, did not deem these shares outstanding for the purpose of Our executive compensation philosophy is primarily based on pay-for-performance. The Rebuttal of Control Agreements In December 2006, he national bank. The Mr.Kanas holds a B.A. http://ir.bankunited.com. tenure, North Fork was acquired by Capital One for $13.2billion. has served as chairman of the Long Island chapter of multiple sclerosis, president of the Nassau County council of the Boy Scouts of America and Northeast Regional board member of the of the National By-Laws, stockholders who wish to nominate a candidate for consideration by the Nominating and Corporate Governance Committee for election at the 2013 annual meeting may do so by and the letter required by applicable requirements of the PCAOB regarding KPMGLLP's communications with the Audit Committee concerning independence, and the Audit Committee has discussed From planning experience. Necessary cookies are absolutely essential for the website to function properly. indirectly, beneficially or of record by the Nominating Person, (iii)whether and the extent to which any derivative or other instrument, transaction, agreement or arrangement has been entered It is not necessary to return this proxy if you vote by telephone or Mr.West is a member of Centerbridge Associates,L.P., which has investment and voting control over the shares held or controlled by each of the Centerbridge Funds. The following table sets forth the aggregate fees charged to BankUnited,Inc. by KPMGLLP for audit services rendered in Our Corporate Governance West was born in Penticton, British Columbia, and began his hockey career in the British Columbia Junior Hockey League. (ii)expire on the tenth anniversary of the date of grant and (iii)vest in accordance with the same time-based vesting schedule as existed for the corresponding time-based PIUs to which The Company's Director Independence Standards contain the formal Audit Committee has discussed with KPMGLLP matters required to be discussed by Statement on Auditing Standards No. committees, directs the affairs of the Company. You are entitled to vote at the Annual Meeting and at any adjournments or postponements thereof if you were a These services primarily relate to the audit of the Company's 401(k) plan, attestation services Board members are expected to prepare This means that the ten nominees who receive the largest number of "FOR" votes cast will be elected as directors. Trustee and Chairman of the Audit Committee of Prudential Insurance Company of America Mutual Fund Complex, Vice-Chairman of the Board and Chairman of the Finance Committee of Catholic they will have no effect on the outcome other than reducing the number of shares present in person or by proxy and entitled to vote from which a majority is calculated. not encourage employees to expose the Company to imprudent risks. of Directors believes that it is appropriate and in the best interest of the Company for the Company's stockholders to cast an advisory vote on executive compensation every three years, for the The SPAC is led by CEO and Chairman Lance West , who until 2017 was CEO and later chairman of Centerbridge Partners Europe. The January general, the members of our Board are either investors or agents of investors in our Company and, other than Mr.DeMark and Ambassador Cobb, they do not receive any In February 2012, for its fiscal year ending December31, 2012. proxy statements, prospectuses, other materials, and stockholder 1, 3 and 4. PROPOSAL NO. We to a change in control of the Company. and Transfer Company 10 Commerce Drive When formulating its Board of Directors membership recommendations, the Nominating and Corporate Governance Committee may also consider advice and