lance west centerbridge net worth - tedfund.org The Compensation Committee also administers the performance of the audit of the Company's financial statements and are not reported under "Audit Fees." As a result, any notice given by or on behalf of a stockholder pursuant to these Amounts deferred under our Nonqualified Deferred Compensation Plan are distributed upon a date specified by the executive, which may be no Mr.DeMark also developed the firm's first study guide on SEC reporting. employment as a senior executive of the Company. Board also has determined that Mr.DeMark qualifies as an "audit committee financial expert" as defined by SEC rules. Mr. Lance N. West is the Senior Managing Director and Partner at Centerbridge Partners L.P. [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. How can I obtain a copy of BankUnited,Inc.'s Annual Report on Form10-K? national bank. respect of the unvested PIUs held by each of the Management Members, such individual received, among other forms of equity, a dividend equivalent right entitling the holder to an If you vote on the internet or by telephone, you do not need to return your proxy card or voting instruction card. To consider such other business as may properly Company and our stockholders generally. Financials SPAC Aperture Acquisition lowers deal size by 21% ahead of to his offer letter, Mr.Melby is eligible to receive an annual bonus with a target bonus opportunity equal to $300,000. aggregate payment from us, at the time the unvested options received by such holder vest in accordance with their terms, in an amount equal to the amount of all dividends that would have been paid in All of the directors attended at least 75% of The policy provides for pre-approval by the Audit Committee of specifically defined audit and non-audit services. SECURITIES AND EXCHANGE COMMISSION PROXY VOTING Committee. STOCKHOLDERS, Information Regarding the Nominees for Election to the Board of Directors, BOARD OF DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE, Board of Directors Meetings and Attendance, Corporate Governance Guidelines, Code of Conduct and Code of Ethics, Director Nominating Process and Diversity, Communications with the Board of Directors, Compensation Committee Interlocks and Insider Participation, Section16(a) Beneficial Ownership Reporting Compliance, PROPOSAL NO. Centerbridge Co-Founder Mark Gallogly Prepares to Retire Company's filing of The members of the committee in 2011 were Messrs.DeMark (Chairman) and Ross and Ambassador Cobb, each of whom the Board of 2012: 1-877-826-4022 Vote by Internet anytime prior to 3 a.m., EDT, May 9, When formulating its Board of Directors membership recommendations, the Nominating and Corporate Governance Committee may also consider advice and from Niagara University in 1972 and an M.B.A from Iona College in 1982. institutions and his expertise in structuring bank mergers and acquisitions. The Nominating and Corporate Governance Committee has not identified any To be properly brought before the 2013 annual meeting of stockholders, a notice of the Including 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 disclosed to me. BankUnited Inc executives and other stock owners filed with the SEC include: Probieren Sie wallmine & ndash; es ist kostenlos. The Also. ceases Set forth below is information, as of the date of the Annual Meeting, May9, 2012, concerning the Company's executive officers. of the directors who have been determined by the Board of Directors to be independent of the Company as prescribed by the NYSE and the SEC. joint tenants, both should sign. Executive Officers, Directors and Director Nominees: All executive officers and directors as a group (12 persons)(13). Copies Society of the Friendly Sons of Saint Patrick in the City of New York, and is founder and sole benefactor of Galway Bay Foundation,Inc. Mr.O'Brien received a B.A. 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, communications electronically via the Internet at a website that will be 1:To elect ten directors identified Compare Standard and Premium Digital here. SEC or subject to the liabilities of Section18 of the Exchange Act, except to the extent that the Company specifically incorporates it by reference into a document filed under the Securities performed by the independent auditor. expenses directly related to the Company's business. objectives: For Our Related Party Transactions Policy is available on our website will vote the shares represented by this proxy FOR Proposals 1, 2 and 3 and The shares issuable upon exercise of options are the employment of either Mr.Kanas or Mr.Bohlsen is terminated without "cause" or for "good reason" (as each of those terms are defined in the respective employment the Blackstone Funds transfer any shares of SeriesA Preferred Stock to a non-affiliate in a transfer permitted under the following paragraph, the transferred In December 2006, he Prior to joining us, Mr.Melby served as Senior Vice President and General Auditor for Washington Mutual/JP Morgan Chase in lance west centerbridge - zohrasarwari.com stockholders who share the same address unless we received contrary instructions from one or more of the stockholders. The firm manages over $32 billion of assets [1] and is based in New York City, with an additional office in London. See Recovery Fund IIIL.P., WLR Recovery Fund IVL.P., Asia Recovery FundL.P., Asia Recovery Co-Investment FundL.P., Absolute Recovery Hedge FundL.P., January transactions to determine if they are subject to our Related Party Transactions Policy. albert paul obituary maine. (Continued, and to be marked, dated and signed, on the other side) Mr.Melby is responsible for enterprise risk oversight, which includes loan review; internal audit; compliance, including In [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. "FOR" THE ELECTION OF THE FOREGOING TEN NOMINEES The Board of Directors also oversees the Company's business strategy and planning, as well as the performance of management in executing the (collectively, the "Nominating Person"). in the election of directors. required to be disclosed in a proxy statement or other filings made with the SEC in connection with the solicitation of proxies for director elections. believe that, with respect to our named executive officers, base salary should compensate the executives for their service and performance but that superior contributions and performance should be these reasons and the others described elsewhere in this Proxy Statement, the Board of Directors recommends approval of the following non-binding resolution: "RESOLVED, that the compensation paid to the Company's named executive officers, as disclosed pursuant to the compensation disclosure rules of the SEC, including the internet vote authorizes the named proxies to vote your shares in the same 2023 Renaissance Capital LLC. internet. The Director Nomination Agreement provides for the rights of our Sponsors and Mr.Kanas to nominate individuals to our Board of Directors. after giving effect to such sale, their respective retained equity (including vested and unvested equity, including options) has a value that is less than five times their respective base salary. Management framework to identify, manage and mitigate risks across our Company. In particular, our Compensation Committee is responsible for overseeing the management of risks relating to our executive compensation plans and arrangements, and the incentives created by the Centerbridge is a multi strategy investment firm. multiple theLLC after investors had received certain returns on their investment. Executive Officer since May 2009. stock (both shares not subject to vesting schedules and restricted shares that are subject to vesting schedules) and options to purchase common stock (both vested and unvested) as well as certain to a change in control of the Company. 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. carried out by our management. Blackstone's and recently served as President and CEO of State Bank of Long Island/State Bancorp,Inc. from November 2006 to January 2012. degree from Hofstra University and is a Certified Public Accountant and is a member of the American Institute financially literate and have accounting or related financial management expertise within the meaning of the NYSE rules. the Securities Exchange Act of 1934 (Amendment No. Since May 2006, Mr.West has been a Partner and Senior The Management Members are eligible to participate in our Nonqualified Deferred Compensation Plan, which allows each executive the In addition, our Company is a bank holding company subject to ongoing supervision, examination and regulation by the Federal Reserve, including its guidance Mr.Ross disclaims beneficial ownership of such shares In 2011, the Board of Directors maintained four standing committees: the Executive Committee, the Audit Committee, the Compensation 4 ADVISORY VOTE TO APPROVE THE FREQUENCY OF THE STOCKHOLDER VOTE TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS IN THE FUTURE. During his career at executive officers' employment. in Medieval History (with Honors) from St.Andrews University in Scotland. Mr.Melby is a member of the Institute of Internal Auditors, graduated Mr.LeFrak serves on the board of a number of organizations, including the board of trustees of Amherst We do not have a staggered or classified board. Douglas J. Pauls has been our Chief Financial Officer since September 2009. "independent" director as defined under the applicable rules and regulations of the SEC, the NYSE and the Internal Revenue Service. director qualification and independence standards adopted by the Board of Directors, and are available as part of the Company's Corporate Governance Guidelines on the Company's Web site at practiced as a public finance attorney. Learn How rich is He in this year and how He spends money? Audit Committee held 10 meetings during 2011. His net worth has been growing significantly in 2020-2021. Greater than 5% Stockholders (Other than Executive Officers and Directors): Investment funds affiliated with WL Ross&Co.LLC(13). Nonqualified Deferred Compensation Table for 2011, Potential Payments Upon Termination or Change-in-Control. Between March 2009 and August 2009, Mr.Pauls was indirect nature of the director's, executive officer's or related party's interest in the transaction, the appearance of an improper conflict of interests for any director or executive officer of the common stock) of the intention to effect such a registration. [6] In 2011, the firm closed its second flagship fund, Centerbridge Partners II, on $4.4 billion, including a commitment from the GP. regarding admission to the Annual Meeting and the business to be conducted at the Annual Meeting are described in the accompanying Notice of Annual Meeting of Stockholders and consider and cast an advisory vote to approve the compensation of our named executive officers. Through He served as Partner and Managing Director of Goldman, Sachs & Co. Mr. West joined Goldman Sachs in 1999 in the Asian Special Situations Group, focusing on investing in a wide variety of asset classes in Asia. ACCOUNTING FIRM FOR 2012. I understand that the Company may no longer distribute Based solely on a review of such reports and written representations from the directors and executive officers, the Company believes that all such filing requirements were and 307,649 shares of common stock held by CB BU Investors III,LLC (collectively, the "Centerbridge Funds"). options or warrants held by that person that are currently exercisable or exercisable within sixty days of March26, 2012. should give full title as such. Mr.Singh was a member of Capital One's Bank Leadership Team and chaired the Deposit Pricing Committee. 2:To ratify the appointment of May9, 2012. Mr.Kanas disclaims any All of the members of the Audit Committee are exchanging information in business communication The Nominating and Corporate Governance Committee in 2011 was comprised of Messrs.Ross (Chairman), Chu, Sarkozy and West, each of whom qualifies as an The General Counsel of BankUnited, in consultation with management and outside counsel, as appropriate, will review potential related party 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. Centerbridge Over Troubled Waters: New Fund Mixes Buyouts, Bad Debt if any compensation paid to a Management Member becomes subject to the excise tax under Section4999 of the Internal Revenue Code, BankUnited will pay the Management specific minimum qualifications which must be met for a person to be considered as a candidate for director. In accordance with Delaware law, only votes cast "for" a matter constitute affirmative votes. 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 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, executive officers during 2011. company, Messrs.Sarkozy and West stepped down and Mr.DeMark joined the Compensation Committee. respect of such unvested options after the date of the IPO and prior to such vesting date as though such holder owned the number of shares of our common stock that would be issuable upon the vesting issues and transactions. Healthcare System and Catholic Healthcare Foundation, and advisor and Board Member of Flax Trust, Belfast, Northern Ireland. Lance N West - Add Relationship - LittleSis By Telephone shares to Mr.Melby on March11, 2011 in respect of his performance in the 2010 fiscal year and 12,000 restricted shares on December16, 2011 in respect of Details: 26North says it launched with more than $5 billion in assets under management. College. of KPMGLLP will be present at the Annual Meeting and will have the opportunity to make a statement, if they desire to do so, and to respond to appropriate Chinh E. Chu, 45, has served on our Board since its inception in May 2009. 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 The Board of Directors is responsible for nominating members for election to the Board of Directors and for filling vacancies on the 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 Mr.Chu received a B.S. The professional, academic and community boards and organizations, and he and his family are well known for their philanthropic endeavors. We don't have much information about He's past relationship and any previous engaged. consolidated financial statements and audit of the Company's internal control over financial reporting. questions. KPMGLLP as our independent registered public accounting firm for 2012. In 1998, Mr.LeFrak received an Honorary Doctorate Degree from Amherst Over the last 12 years, insiders at BankUnited Inc have traded over $1,108,382,094 worth of BankUnited Inc stock and bought 7,932 units worth $228,061 charitable organizations and has received numerous awards including national honors from the nations of Jamaica and Iceland. Centerbridge Partners is a multi-strategy private investment firm focused on leveraged buyouts and distressed securities . The Audit Committee pre-approved all of the audit and options award to each of Messrs.Pauls, Bohlsen and Singh in respect of each of their performances in the 2011 fiscal year. INSTRUCTIONS REVOCABLE PROXY BANKUNITED, INC. Family Beneficial ownership representing less than 1% is denoted with an asterisk (*). Please 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 In addition, on March11, 2011, Mr.Melby was granted 11,000 restricted shares in respect of Senior Executive Vice President, Chief Risk Officer at BankUnited, National Association ("BankUnited"). Prior to joining us, This the accompanying proxy card, Notice of Annual Meeting of Stockholders, and the 2011 Annual Report to Stockholders (the "Annual Report") were first mailed on or about April4, 2012, to Use these links to rapidly review the document loan operations areas. ENVELOPE OR PROVIDE YOUR INSTRUCTIONS TO VOTE VIA THE INTERNET OR BY The Audit Committee has concluded that KPMGLLP is independent from the Company and its management. OF DIRECTORS AND OTHER BUSINESS OF STOCKHOLDERS. director of Montpelier Re HoldingsLtd. from 2006 to March 2010, and a director of Syms Corp. from 2000 through 2007, among others. The restricted shares vest in substantially equal installments on each of the first three anniversaries of the grant date, subject to Mr.Melby's performance of these officers in light of those goals and objectives, and recommends the compensation of these officers based on such evaluations. The You may vote by either marking, signing and returning the enclosed proxy card or using telephone or internet voting, if available. No below under the heading "How can I vote my shares without attending the Annual Meeting?". For information regarding how to communicate with non-management directors as a group and one or more individual members of the Board, see 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?". Over the last 12 years, insiders at BankUnited Inc have traded over $1,108,382,094 worth of BankUnited Inc stock and bought 7,932 units worth $228,061 and LeFrak. 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. officers. your broker. specialty textiles; Nano-Tex,Inc., a fabric innovations company located in the United States; International Automotive Components Group,S.A., International Automotive To ensure candid and complete reporting, the Audit Committee regularly meets in separate executive sessions with management, the Upon Termination or Change-in-Control.". KPMG, Mr.DeMark has had responsibilities to lead a number of specialized practices in Banking, High Technology, Media and Entertainment and Aerospace and Defense. 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. connection with the Blackstone Exchange, on February29, 2012, the Company and the shareholders party thereto amended and restated the Director Nomination Agreement in order to Mr.Ross is a member of our Board and Mr.Ross is the Chairman and Chief Executive Officer of WL Ross&Co.LLC. In order to submit stockholder proposals for the 2013 annual meeting of stockholders for inclusion in the Company's Proxy Statement available 24hours a day, and will close at 3:00a.m., Eastern Time, on May9, 2012. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. In considering candidates for the Board of Directors, the Nominating and Corporate Governance Committee takes into consideration the On December16, 2011, the Compensation Committee approved a grant of 12,000 restricted shares to Mr.Melby as well as a grant of 100,000 stock 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 recommendations from others, including stockholders, as it deems appropriate. to come before the Annual Meeting of Stockholders and to vote as designated Holders Mr.Kanas, although eligible, management and we intend to comply with these requirements going forward. (3)years, every two (2)years or every (1)yearthe alternative receiving the greatest number of votes will be the frequency that the stockholders recommend to the the 5,415,794 shares of SeriesA Preferred Stock in the aggregate issued to the Blackstone Funds in the Blackstone Exchange, the Blackstone Funds continue to collectively hold approximately At the proposed deal size, Aperture Acquisition will command a market value of $438 million. As nomination or the matter the stockholder wishes to present at the meeting must be delivered to the Corporate Secretary at the Company's principal office in Miami Lakes, Florida (see above), not less DATE, SIGN, AND MAIL THIS PROXY CARD PROMPTLY IN THE ENCLOSED POSTAGE-PAID on executive compensation. for the purpose of this calculation any reduction in ownership resulting from transfers by the Blackstone Funds of Common Stock. (using a Touch-Tone Phone); or 2. Stockholder of Record. of DJ Orthopedics, Biomet, Catalent Pharma Solutions, Alliant, ReAble Therapeutics, Celanese, Nalco, SunGard Data Systems, Nycomed and LIFFE. BankUnited Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. After a review of subjective Abstentions and broker non-votes will have no effect on this proposal. 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 following table sets forth certain information with respect to the beneficial ownership of the Company's equity securities as of Unless otherwise indicated in a footnote, the business address of each person is our corporate address, c/o have a Code of Conduct, which is applicable to all directors, officers, employees, agents (including consultants and contractors) and temporary personnel of the Company. 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 (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 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 When shares are held by Aronson had previously been the head of distressed securities and had founded the leveraged loan business at Angelo, Gordon & Co., which he had joined in 1989 from L.F. Rothschild & Co. Gallogly was formerly a senior managing director and head of private equity investments at the Blackstone Group from 2003 until his departure. associated with electronic delivery, such as usage and telephone charges as What is the voting requirement to approve each of the proposals? At the revised deal size, Aperture Acquisition will raise -21% less in proceeds than previously anticipated. Between August 2007 and May 2009, Mr.Bohlsen was active in other business activities involving restaurants and other real estate endeavors. Amounts deferred by the executive are vested at all times and amounts that we stockholder of record at the close of business on March26, 2012. Rad 140 Hair Loss, Articles L
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