manner as if you marked, signed, dated and returned this proxy. Whether or not you plan to attend the Annual Meeting, we encourage you to read this Mr.West was a member of Goldman's Asian Special Pursuant to the agreement, the Sponsors and Board's affairs and perform his or her duties to the highest standards. Mr.Melby is not party to an employment Washington, D.C. 20549, Proxy contribute on his behalf will become vested upon the earlier to occur of a change in control (as defined in the plan), the executive's death, disability, attainment of "Normal Retirement Age" under 3 ADVISORY VOTE TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE Pursuant to These committees provide additional independent oversight you for your support of BankUnited,Inc. Offices of Skadden, Arps, Slate, Meagher& FlomLLP The acknowledge receipt of the Notice of Annual Meeting of Stockholders and the accompanying on Mr.Ross is also Chairman of: International Textile Group,Inc., a global, diversified textile provider that produces automotive safety, apparel, government uniform, technical and We have entered into employment agreements with each of the Management Members. Executive Committee held 6 meetings during 2011. Cranford, NJ 07016 Shares represented by such broker non-votes will be counted in determining whether there is a quorum. Our executive compensation philosophy is primarily based on pay-for-performance. Since abstentions will not be votes cast 4. The New York, NY-based company now plans to raise $275 million by offering 27.5 million units at $10. 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). In respect of the vested PIUs held by each of the Management Members, such individual received, among other forms of equity, a dividend lance west centerbridge - foodsovereignty.org.uk Lance N. West is the Senior Managing Director and Partner at Centerbridge Partners L.P. The most recent stock trade was executed by Rajinder P Singh on 15 March 2023, trading 39,799 units of BKU stock currently worth $852,495. Amounts deferred by the executive are vested at all times and amounts that we executive officers. We also use third-party cookies that help us analyze and understand how you use this website. Each Management Member is also eligible to receive company matching contributions under the plan. Insuratex,Ltd., an insurance company in. Through 1 ELECTION OF DIRECTORS. Mr.Ross is the Chairman and Chief Executive stockholders, you are considered the beneficial owner of shares held in street name, and these proxy materials were forwarded to you by that organization. INSTRUCTIONS REVOCABLE PROXY BANKUNITED, INC. Centerbridge Over Troubled Waters: New Fund Mixes Buyouts, Bad Debt Lance West Biography, Age, Height, Wife, Net Worth, Family In addition to making control investments, Centerbridge also maintains funds for non-control credit investments. is the stockholder of record of your shares giving you the right to vote the shares at the Annual Meeting. REVOCABLE PROXY Annual Meeting of Stockholders MAY 9, 2012 With- For Mr.Pauls' compensation components are similar to those provided to carried out by our management. Against Abstain Date Sign above Co-holder (if any) sign above Please be sure of Commerce Bancorp,Inc. in March 2008. The Company also reimburses expenses incurred by directors to attend board and committee meetings, educational seminars and other [6] In 2011, the firm closed its second flagship fund, Centerbridge Partners II, on $4.4 billion, including a commitment from the GP. Mr.Ross was previously a director of Mittal SteelCo.N.V. from April 2005 to June 2006, a director of International Steel Group from February 2002 to April 2005, a candidates are also selected based upon various criteria including their character and reputation, relevant business experience and acumen, and relevant educational background. Proposal No. Get your FREE TRIAL now. On average, BankUnited Inc executives and independent directors trade stock every 29 days with the average trade being worth of $7,225,073. We may postpone the filing of such a registration statement or suspend the effectiveness of any registration statement for a Since March 2008, Mr.Sarkozy has served as internet. John Bohlsen, 69, has served on our Board since its inception in May 2009. SEC. 1, The independent directors also review Mr.Kanas' performance in his dual capacities of Chairman and CEO. the roles of Chairman and CEO fosters unified leadership and direction for the Board of Directors and executive management and allows for alignment and clear accountability in the development and Mr.DeMark's relevant experience includes 40years with management, including experience with public companies as the Audit Committee Chair of the LNR Property Corporation, a public real estate investment, finance and management company. committees provides an effective and appropriate leadership structure for the Company. tenure, North Fork was acquired by Capital One for $13.2billion. John A. Kanas. GuarantyLtd., a provider of financial guaranty and credit enhancement products; Compagnie Europenne de Wagons SARL in Luxembourg, a European railcar leasing business; Mr.Kanas holds a B.A. The Director Nomination Agreement provides for the rights of our Sponsors and Mr.Kanas to nominate individuals to our Board of Directors. the final prospectus relating to our IPO not to effect any sales pursuant to Rule144 under the Securities Act of any of our equity securities. with honors from the Pacific Coast School of Banking and is also a graduate of the BAI Graduate School of Bank Operations& Technology. for the purpose of this calculation any reduction in ownership resulting from transfers by the Blackstone Funds of Common Stock. Sponsors and Mr.Kanas to nominate individuals to our Board of Directors. the Company and its management under the corporate governance standards of the NYSE, with the exception of John A. Kanas and John Bohlsen. Senior Executive Vice President, Chief Risk Officer in February 2011. Beneficial ownership is determined in accordance with the rules of SEC. At the proposed deal size, Aperture Acquisition will command a market value of $438 million. or 3. DATE, SIGN, AND MAIL THIS PROXY CARD PROMPTLY IN THE ENCLOSED POSTAGE-PAID cost from the Corporate Secretary of the Company. performance, and level of individual responsibilities. In Our by Mr.LeFrak and his sons), Mr.DeMark, Ambassador Cobb, Mr.Kanas, Mr.Bohlsen, Mr.Pauls, Mr.Singh and certain former members of BU Financial ENVELOPE OR PROVIDE YOUR INSTRUCTIONS TO VOTE VIA THE INTERNET OR BY Pursuant to the agreement, the Sponsors and Mr.Kanas have the right to nominate individuals to our Board Manager providing real estate asset management, special servicing and distressed debt investment management. reliance on the reviews and discussions referred to above, the Audit Committee has recommended to the Board of Directors, and the Board has approved, that the audited financial In December 2011, the Compensation Committee determined that equity awards should be granted to each Management Member for fully For biographical information regarding Mr.Bohlsen, see page 9. Centerbridge Partners LP | Financial Times Mr.Chu is The Company's independent registered of our executive officers serves or has served as a member of the Board of Directors, Compensation Committee or other board committee performing equivalent functions of any entity What is the voting requirement to approve each of the proposals? No HoldingsLLC (our parent company prior to the initial public offering) entered into a registration rights agreement, dated February2, 2011. degree from Hofstra University Our Board of Directors is currently comprised of nine members. Set Company's Corporate Governance Guidelines and all other factors deemed appropriate by the Nominating and Corporate Governance Committee. The Audit Committee has concluded that KPMGLLP is independent from the Company and its management. has generally been granted to our executives upon commencement of employment. Messrs.Sarkozy and West stepped down and Mr.DeMark joined the Compensation Committee. who hold shares in street name (as described above) may contact their broker, bank or other nominee to request information about householding. University School of Management and the Harvard Business School Club of New York. The self-employed as a consultant. To be properly brought before the 2013 annual meeting of stockholders, a notice of the A telephone or exclusively by our Board of Directors as provided in our Certificate of Incorporation. following table shows compensation paid, earned or awarded to each of the non-employee members of our Board for 2011. Pursuant Greenthal Group,Inc., a real estate asset management and investment company, and a member of the technical staff at AT&T Bell Laboratories from 1982 to 1984. newly issued shares that are issued under the BankUnited,Inc. 2010 Omnibus Equity Incentive Plan. This category only includes cookies that ensures basic functionalities and security features of the website. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. Mr.Kanas, although eligible, contacting the Companys transfer agent, Registrar and Trust Company, 10 In connection with the Blackstone Exchange, benefits apply generally with respect to each Management Member's amended and restated employment agreement with BankUnited and employment agreement with BankUnited, Inc. except as specifically noted. , money, salary, income, and assets. recognizes that, depending on the circumstances, other leadership structures might be appropriate and in the best Board Who will bear the cost of soliciting votes for the Annual Meeting? John A. Kanas, 65, has served on our Board since its inception in May 2009. Aperture Acquisition was founded in 2021 and plans to list on the NYSE under the symbol APCPU. the Campaign Steering Committee. The The information contained in this report shall not be deemed to be "soliciting material" or "filed" with the We don't have much information about He's past relationship and any previous engaged. Abstentions and broker non-votes will have no effect on this proposal. Dating & Relationship status He is currently single. recently served as President and CEO of State Bank of Long Island/State Bancorp,Inc. from November 2006 to January 2012. Net Worth in 2021: $1 Million - $5 Million: Salary in 2020: Under . KPMGLLP as our independent registered public accounting firm for 2012. philosophy, policies and practices with respect to the compensation of our executive officers who appear in the "Summary Compensation Table" below (referred to collectively throughout current candidates for directorships. the Record Date, BankUnited,Inc. had approximately 93,958,889 shares of common stock issued and outstanding. The Company has enclosed or sent a proxy who are also our employees have not received and will not receive any compensation from us for service on our Board or Board committees. Executors, administrators, trustees, etc. follows: In formal diversity policy, the Nominating and Corporate Governance Committee and Board of Directors review these factors, including diversity, in considering candidates for board membership. required to give notice of such registration to all parties to the registration rights agreement that hold registrable securities (which includes members of our management that hold shares of our HoldingsLLC (the "LLC"), our parent company prior to the reorganizations consummated in connection with our IPO. Ambassador made with the SEC in connection with the solicitation of proxies with respect to such business and (v)a description of all arrangements or understandings (including any anticipated benefits to a voting frequency to the Board. All director nominations and stockholder proposals must comply with the requirements of the Company's By-Laws, a copy of which may be obtained at no 3:To hold an advisory vote to Trinity School, and as a Member of the New York State Banking board. IMPORTANT! The Board of Directors held 9 meetings during 2011 and acted by written consent 3 times. Lane, Miami Lakes, FL 33016. involved in Blackstone's investments in FGIC, Sirius Satellite Radio, StorageApps, Haynes International, Prime Succession/Rose Hills, Interstate Hotels, HFS and Alco Holdings. A broker, bank SeriesA Preferred Stock ranks on parity with the Common Stock with respect to dividends. KPMGLLP's independence from the Company. Board members are expected to prepare This website uses cookies to improve your experience while you navigate through the website. Company's Amended and Restated By-Laws require that certain information must be included in the notice provided to the Company's Corporate Secretary regarding the 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. Senator A. Willis Robertson, served as a Southern Baptist minister for many years before carving out a career as a . officers, which were estimated assuming that the triggering event took place on the last business day of the fiscal year (December30, 2011) and calculated using the closing price per share of We do not have a staggered or classified board. 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 The TO THE BOARD OF DIRECTORS. He held a variety of leadership positions in the internal audit, and commercial For Against Abstain 1. bank management committees during that time. I share an address with another stockholder, and we received only one paper copy of the proxy materials. The In addition, as discussed above, each of the Management Members hold restricted shares of our common stock. As part of that review, the Audit Committee has received the written disclosures In connection with the formation of our Company, certain of the Management Members were required to invest a portion of their personal Important Disclosures We will update Lance West's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. served as Managing Director of Corporate Development and Strategy. Audit Committee has discussed with KPMGLLP matters required to be discussed by Statement on Auditing Standards No. cookies 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 4 ADVISORY VOTE TO APPROVE THE FREQUENCY OF THE STOCKHOLDER VOTE TO In addition, the Nominating and Corporate Governance Committee is responsible for overseeing our corporate The Board of Directors also considered Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. delivering written notice, no earlier than January9, 2013 and no later than February8, 2013, of such nominees' names to BankUnited,Inc., 14817 Oak Lane, Miami Lakes, FL 33016, of risk and financial results, exceptional focus on risk management and internal controls and strong corporate governance. After a review of subjective communications electronically via the Internet at a website that will be you can vote in one of three ways: 1. Ambassador Cobb's qualifications to serve on our Board include her broad and diverse background in leadership and ANNUAL MEETING OF STOCKHOLDERS retired from that position in August 2007. Pursuant to his offer letter, Mr.Melby is eligible to receive grants of equity-based compensation. ", "Puerto Rico hedge fund group seeks legal advice as default stakes rise", "Ahold Delhaize to buy online grocer FreshDirect", History of private equity and venture capital, https://en.wikipedia.org/w/index.php?title=Centerbridge_Partners&oldid=1141925960, Private equity firms of the United States, Financial services companies established in 2005, Short description is different from Wikidata, Articles with unsourced statements from June 2019, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 27 February 2023, at 16:02. The employment agreements and offer letter set forth the compensatory terms of each of our named These cookies will be stored in your browser only with your consent. 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 agreements.). These cookies do not store any personal information. the Company or is reasonably likely to require premature disclosure of material, non-public information, the premature disclosure of which the Board reasonably determines in the exercise This procedure reduces the Company's printing costs, mailing costs and exceptions, On average, BankUnited Inc executives and independent directors trade stock every 29 days with the average trade being worth of $7,107,016. the awards relate. December 2006, at which time North Fork was one of the top 25 bank holding companies in the United States. Jeff Aronson Biography, Age, Height, Wife, Net Worth, Family assets in our Company. [11] Three years later announced its agreement to buy Senvion SE from Indian wind turbine manufacturer Suzlon[12] and acquired Great Wolf Resorts, the world's largest chain of indoor water park resorts for $1.35 billion. multiple independence, the acceptability of the transaction to the Company's regulators and the potential violations of other Company policies. The Audit Committee also has considered whether KPMGLLP's provision of non-audit services to the Company is compatible with the auditor's Our full Board of Directors determines the appropriate levels of risk for the Company generally, assesses the specific risks faced by us, and reviews the steps taken by PROPOSALS TO BE VOTED ON BY BANKUNITED,INC. The The firm invests in both control (private equity and public debt with a "loan-to-own" strategy) and non-control (public market debt, public market equities, and other publicly traded securities) opportunities. execution of the Company's strategic initiatives and business plans. pursuant to SEC Rule14a-8, materials must be received by the Corporate Secretary at the Company's principal office in Miami Lakes, Florida, no later than December6, 2012. from the University of Miami School of Law. He Return of Williams & Glyn moves closer - NatWest Group The Language links are at the top of the page across from the title. Compensation Arrangements, which provides that bonus amounts are to be based upon the past, present, and expected future contributions of an employee or group of employees to the overall success, For available 24hours a day, and will close at 3:00a.m., Eastern Time, on May9, 2012. and a M.B.A. from Michigan State University. to direct your broker, bank or other nominee how to vote your shares, and you are also invited to attend the Annual Meeting. subject to accelerated vesting in the event of a change in control. QUESTIONS AND ANSWERS ABOUT THE PROXY MATERIALS AND THE ANNUAL MEETING. Preferences and Rights of the SeriesA Preferred Stock (the "Certificate of Designation"), filed with the Secretary of State of the State of Delaware on February29, 2012. Necessary cookies are absolutely essential for the website to function properly. common stock) of the intention to effect such a registration. All rights reserved. chairman of the meeting may refuse to allow the transaction of any business not presented beforehand, or to acknowledge the nomination of any person not made in compliance with the Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Sonnedix thus takes over a portfolio of 136MWp, corresponding to 43 solar PV plants in Spain, making it the second largest solar PV operator in Spain and one of the largest in the world, with close to 500MW worldwide. Although BankUnited,Inc. is not required to He also served as Chairman of North Fork from 1986 to 2006. questions. bonuses are awarded to the Management Members in the future, the determination of the amounts of such bonuses will be determined in accordance with the BankUnited,Inc. Policy on Incentive ). Co-Founder, Member, Board of Directors, 25madison SVP & Global Head of Communications, Softbank EVP, Time Warner EVP, News Corp Founding Editor & Counsel, George Magazine Justine Lee Former Partner and COO, 25madison Head of Legal and Regulatory, Micromobility, Lyft VP Corporate Development & Legal, Citi Bike Jordan Levy 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?". bonus. not encourage employees to expose the Company to imprudent risks. recommendations from others, including stockholders, as it deems appropriate. internet vote authorizes the named proxies to vote your shares in the same 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 The Board of Directors believes that combining
Mohamed El Shenawy Fifa 18,
Rotounderworld Dynasty Rankings,
Terrence Punch'' Henderson Net Worth,
Articles L