The Mr.Kanas and Mr.Bohlsen are also members of our Board but do not receive any additional compensation for their services on our Board. principal accounting officer and controller (or persons performing similar functions). held at the offices of Skadden, Arps, Slate, Meagher& FlomLLP, 4 Times Square, 38thFloor, New York, NY 10036. Stock on a U.S. securities exchange). Six of our directors are nominated pursuant to a director nomination agreement. a beneficial owner is not the stockholder of record, you may not vote your shares in person at the Annual Meeting unless you obtain a "legal proxy" from the broker, bank, or other nominee that The Company's business and affairs are managed under the direction of the Board of Directors which is the Company's ultimate manner as if you marked, signed, dated and returned this proxy. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month. The Firm was founded in 2005 and as of August 31, 2022 has approximately $34 billion in capital under management with offices in New York and London. 1 Year 2 Years Sold (or bought if negative) in USD ROSS WILBU WL ROSS & C promptly in the enclosed envelope. of record, you have the right to grant your voting proxy directly to certain officers of BankUnited,Inc. or to vote in person at the Annual Meeting. compensation awards it administers. The following table sets forth certain information with respect to the beneficial ownership of the Company's equity securities as of associated with electronic delivery, such as usage and telephone charges as consider and cast an advisory vote to approve the compensation of our named executive officers. board of directors of DJO Incorporated, Graham Packaging CompanyInc., Celanese Corporation. The The Management Members are eligible to participate in our Nonqualified Deferred Compensation Plan, which allows each executive the and the immediate family members of these persons. 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 Ten directors will be elected at this year's Annual Meeting. Richard LeFrak, 66, has served on our Board since its inception in May 2009. decision-making body, except with respect to those matters reserved to the Company's stockholders. PLEASE COMPLETE, 2012: 1-877-826-4022 Vote by Internet anytime prior to 3 a.m., EDT, May 9, Centerbridge Partners, L.P. is a private investment management firm employing a flexible approach across investment disciplinesfrom private equity to credit and related strategies, and real. What is the Board of Directors' voting recommendation? What proposals will be voted on at the Annual Meeting? 3 ADVISORY VOTE TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE Pursuant to the agreement, the Sponsors and Mr.Kanas have the right to nominate individuals to our Board as well as all out-of-pocket costs incurred in connection with these services: Audit fees:Includes the aggregate fees billed by KPMGLLP for professional services and expenses rendered for the audit of [14], In January 2017, Centerbridge Partners sells Vela Energy to Sonnedix for 600 million. The 4. Mr.Melby did not previously hold PIUs and had instead been awarded stock options to What is the voting requirement to approve each of the proposals? approve, on a non-binding, advisory basis, the compensation of our named executive officers as disclosed in this Proxy Statement in accordance with the compensation disclosure rules of the [2], In 2010, Centerbridge won control of Extended Stay Hotels, a company that Gallogly had been involved with at Blackstone. If and is a Certified Public Accountant and is a member of the American Institute of Certified Public Accountants (AICPA) and the New York State Society of Certified Public Accountants. Amounts deferred by the executive are vested at all times and amounts that we Pursuant to their employment agreements, the Management Members are eligible to receive discretionary cash bonuses, as determined in authority to vote for any nominee(s), mark For All Except and write that QUESTIONS AND ANSWERS ABOUT THE PROXY MATERIALS AND THE ANNUAL MEETING. 2020 Democratic Party presidential primaries, Bidding company with participation by Advent International and Centerbridge Partners announces intention to launch, Centerbridge Raises $3 Billion for First Buyout Fund, Centerbridge recruits for auto investments, Investors Buy Into Centerbridges Do Nothing Strategy, Centerbridge Aims For $3.75 Billion On Distressed-Debt And Buyout Fund, Centerbridge in lightning-quick fundraise, "Centerbridge Acquires Resort Finance Business From GMAC Commercial Finance", "Gordon Biersch brewer in merger to become CraftWorks", "Centerbridge Buys P.F. The firm [2] was founded in 2005 by Jeffrey Aronson and Mark Gallogly. However, we may revisit the use of a compensation consultant in the future. If you are a beneficial owner of shares held in street name and do not provide the broker, Accordingly, our executive compensation programs are Trinity School, and as a Member of the New York State Banking board. Mr.Pauls' compensation components are similar to those provided to Thomas O'Brien, 61, was first nominated to our Board in March 2012. For biographical information regarding Mr.Kanas, see page 8. Our Related Party Transactions Policy is available on our website Lance West Net Worth (2023) | wallmine Plascar ParticipacoesSA, a manufacturer of automotive interiors; Air Lease Corporation, an aircraft leasing company; Talmer Bancorp,Inc., a bank holding company; OCM Limited; NJ07016, Attn: Investor Relations Department, (ii)by e-mail at info@rtco.com or (iii)by logging on to IRIS (Investor Relations Inquiry System) at After a review of subjective Between August 2007 and May 2009, Mr.Kanas was an independent consultant. 4:To hold an advisory vote on the of the charters of the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee are available on our website at http://ir.bankunited.com and may. of its good faith judgment would not be in the best interests of the Company; provided that we shall not postpone the filing of a registration statement or suspend the effectiveness of any KPMG, Mr.DeMark has had responsibilities to lead a number of specialized practices in Banking, High Technology, Media and Entertainment and Aerospace and Defense. criteria relative to Mr.Melby's performance and to provide Mr.Melby with continued long-term incentive opportunities, the Compensation Committee granted 11,000 restricted does not have the authority to vote on this matter with respect to your shares. Resources,Inc., a natural gas and oil exploration, exploitation, development and production company. Who will bear the cost of soliciting votes for the Annual Meeting? the Campaign Steering Committee. than 10% of the issued and outstanding shares of the Company's common stock to file reports of initial ownership of common stock and other equity securities and subsequent changes in that ownership Pursuant to management to manage those risks. The Nominating and Corporate Governance Committee has not identified any Related party transactions are transactions in which our Company is a participant, the amount involved exceeds $120,000 and a related party has or will have a in Medieval History (with Honors) from St.Andrews University in Scotland. respect of the vested PIUs held by each of the Management Members, such individuals received 3,863,491 shares of our common stock that were held by theLLC and fully vested and election to receive proxy materials electronically will remain in effect for all future annual meetings unless revoked. Outstanding Equity Awards at Fiscal Year-End. also For a full comparison of Standard and Premium Digital, click here. holding company, all members of the Nominating and Corporate Governance Committee stepped down and Ambassador Cobb became the new Chairperson of the committee, and was joined by Messrs.DeMark SECURITIES AND EXCHANGE COMMISSION For Against Abstain 1. candidates are also selected based upon various criteria including their character and reputation, relevant business experience and acumen, and relevant educational background. He is not dating anyone. His net worth has been growing significantly in 2022-2023. These cookies do not store any personal information. common stock. As part of that review, the Audit Committee has received the written disclosures DATE, SIGN, AND MAIL THIS PROXY CARD PROMPTLY IN THE ENCLOSED POSTAGE-PAID 29-year career at North Fork, his extensive experience in the banking industry and his long-standing relationships within the business, political and charitable communities. Stockholder of Record. to assess increases in fraudulent financial reporting. Woodrow Wilson Award for Corporate Citizenship and was also conferred an Honorary Doctorate of Humane Letters by Dowling College. related to the pre-approved with respect to that year, the Audit Committee must approve the permitted service before the independent auditor is engaged. Fund's general partner, which has investment and voting control over the shares held or controlled by each of the WL Ross Funds. Standard Digital includes access to a wealth of global news, analysis and expert opinion. separation from service, disability or a change in control. candidates for director nominations were submitted by any stockholder in connection with the Annual Meeting. Proxy Statement. The demand registration rights require us to register the shares of common stock beneficially owned by the demanding Sponsor with the SEC for sale by it to the public, Mr.Melby's offer letter with BankUnited does not entitle him to severance payments or benefits in the event of a termination of his employment. Board of Directors has also adopted a written policy governing the approval of related party transactions that complies with all applicable requirements of the SEC and the NYSE What must I do if I want to attend the Annual Meeting in person? (Continued, and to be marked, dated and signed, on the other side) in chemical engineering from the Indian on the attached Proxy Statement to the Board of Directors to serve until the next annual meeting of stockholders or until that person's successor is duly elected and qualified. The succession planning activities of the Nominating and company, Messrs.Sarkozy and West stepped down and Mr.DeMark joined the Compensation Committee. Menu independent directors. Centerbridge Partners is a multi-strategy private investment firm focused on leveraged buyouts and distressed securities. 1:To elect ten directors identified Premium access for businesses and educational institutions. PROPOSALS TO BE VOTED ON BY BANKUNITED,INC. to own 5% of our outstanding common stock (inclusive of shares of common stock issuable upon conversion of all shares of Preferred Stock). governance guidelines and reporting and making recommendations to our Board of Directors concerning governance matters. Officer of WL Ross&Co.LLC, or WL Ross, a private equity firm and one of our principal investors, a position he has held since April 2000. (using a Touch-Tone Phone); or 2. Centerbridge Partners LP | Financial Times Upon Termination or Change-in-Control.". independence, the acceptability of the transaction to the Company's regulators and the potential violations of other Company policies. include a representation that the stockholder giving the notice intends to appear in person or by proxy at the 2013 annual meeting to nominate the person named in the notice. success, soundness and profitability of the Company. Its private equity business will be led by Mark Weinberg (Brookfield Asset Management) while its private credit unit will be led by Brendan McGovern (Goldman Sachs). There is NO CHARGE to you for this Statement Jeff Aronson is probably most famous for being being the CEO of Cash4Gold, a company that pays people fort their unwanted gold, silver, platinum and various other jewelry. The Nominating and Corporate Governance Committee is responsible for identifying, screening and recommending candidates to 32Adelaide Ave., East Moriches, NY 11940. He held a variety of leadership positions in the internal audit, and commercial The firm is focused on private equity and credit investing. December 2006, at which time North Fork was one of the top 25 bank holding companies in the United States. accounting firm's qualifications and independence and the performance of our independent registered public accounting firm. demonstrating all of the key principles under the BankUnited,Inc. Policy on Incentive Compensation Arrangements, including their valuable contribution to the organization, disciplined balance come before the annual meeting. When shares are held by You may also vote on the internet or by telephone, as described below under the heading "How can I vote my shares without attending the Annual Meeting?". 25madison | Our team Partners,L.P. ("Centerbridge") and WL Ross&Co.LLC ("WL Ross"), whom we refer to as our Sponsors. safety, and soundness of the organization. Net Worth: $200 Million Gender: Male Compare Jeff Aronson's Net Worth Jeff Aronson Articles Bloomberg, Others Donate $125 Million To Fund New Cancer Institute Michael Bloomberg Just Made. In addition, certain of our investors entered into Rebuttal of Control Agreements with the OTS in connection with their initial investments in us. our former Chief Financial Officer prior to his departure. Centerbridge Partners is a multi-strategy private investment firm focused on leveraged buyouts and distressed securities . Jeff Aronson Net Worth | Celebrity Net Worth The registration rights provisions also provide that we may be required under certain circumstances to filea shelf registration statement for an offering to be made on a nominee to our Board of Directors is Chinh E. Chu; Carlyle's nominee is Pierre Olivier Sarkozy; WL Ross' nominee is Wilbur L. Ross, Jr.; and Centerbridge's nominee is Lance Therefore, we urge you to give voting instructions to Rule3200T and has reviewed and discussed KPMGLLP's independence from the Company and its management. Mr.LeFrak graduated cum laude from from Niagara University in 1972 and an M.B.A from Iona College in 1982. he or she has no material relationship with BankUnited,Inc. continuous basis pursuant to Rule415 of the Securities Act. 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. He is from . please refer to the instructions on your enclosed proxy card. The Nominating and Corporate Governance Committee will also consider nominees recommended by stockholders. he is best situated to effectively identify strategic priorities and lead discussions on key business issues that impact all of the Company's stakeholders. into by or on behalf of the Nominating Person with respect to the Common Stock and certain additional information relating to any such instrument, transaction, agreement or arrangement as described in From April 2008 until February 2009, Mr.Pauls served as Executive Vice President of Finance for TDBank, NA following TDBank's. March 2000. Executive Officer since May 2009. (Amounts below are annual, based on current However, the fund also makes substantial investments in public companies.. Executive Officers, Directors and Director Nominees: All executive officers and directors as a group (12 persons)(13). The restricted shares vest in substantially equal installments on each of the first three anniversaries of the grant date, subject to Mr.Melby's In February 2012, In university Senator A. Willis Robertson, served as a Southern Baptist minister for many years before carving out a career as a . The During that time, the Chargers won two Division II national championships in 1996 and 1998. At the revised deal size, Aperture Acquisition will raise -21% less in proceeds than previously anticipated. Atlantic Bank of NY and following the acquisition of Atlantic Bank of NY by New York Commercial Bank served as President and CEO during post-closing transition. I share an address with another stockholder, and we received only one paper copy of the proxy materials. public accounting firm is responsible for auditing the financial statements prepared by management, expressing an opinion on the conformity of those audited financial statements with generally person is acquiring from the transferor). instruction, management regularly reports on applicable risks to the relevant committee or the full Board, as appropriate, with additional review or reporting on risks conducted as needed or as The The company is led by CEO and Chairman Lance West, who . Mr.Pauls invested $1,000,000 in our Company in Lance's mailing address filed with the SEC is C/O CENTERBRIDGE PARTNERS, L.P., 375 PARK AVENUE, 12TH FLOOR, NEW YORK, NY, 10152. executive officers during 2011. the terms of the BankUnited,Inc. 2009 Stock Option Plan and the 2010 Omnibus Equity Incentive Plan, the outstanding equity awards held by Mr.Melby that are currently unvested would be receive instructions from you on how to vote your shares on a non-routine matter, the broker, bank or other nominee that holds your shares will inform the inspector of election that it management and, based on such review and discussions, the Compensation Committee recommended to the Board that the Compensation Discussion and Analysis be included in this Proxy Statement. This policy, which may be waived from time to time by the Compensation Committee, provides that so long as Mr.Melby does not participate in our Nonqualified Deferred Compensation Plan. and other data for a number of reasons, such as keeping FT Sites reliable and secure, As a result of this review, the Board affirmatively determined that all of the Directors are independent of printed materials to me regarding any future stockholder meeting until such 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. in 1970. on compensation practices. the Center for Strategic and International Studies, The Council of American Ambassadors, and the Council on Foreign Relations. 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BankUnited,Inc. provide for severance payments and benefits, to the extent applicable, in the event of a termination of employment. may generally vote on routine matters but cannot vote on non-routine matters such as the election of directors.