computing the percentage ownership of any other person. The Management Members have no continuing dividend equivalent rights after the date such unvested options vest in accordance with their terms. The a complete description of the procedures and disclosure requirements to be complied with by stockholders in connection with submitting director nominations, stockholders should refer The cash componentsbase salary and discretionary cash bonus compensationcollectively represent what we believe is appropriate pay for to direct your broker, bank or other nominee how to vote your shares, and you are also invited to attend the Annual Meeting. DATE, SIGN, AND MAIL THIS PROXY CARD PROMPTLY IN THE ENCLOSED POSTAGE-PAID specific minimum qualifications which must be met for a person to be considered as a candidate for director. of risk and financial results, exceptional focus on risk management and internal controls and strong corporate governance. lance west centerbridge. Since abstentions will not be votes cast Pursuant to the agreement, the Sponsors and theLLC after investors had received certain returns on their investment. Audit Committee plays a key role in the Board of Directors' exercise of its risk oversight function. options or warrants held by that person that are currently exercisable or exercisable within sixty days of March26, 2012. Although BankUnited,Inc. is not required to Our Nominating and Corporate Governance Committee is responsible for making recommendations to our Board of Directors regarding though such holder owned the number of shares of our common stock that would be issuable upon exercise of the vested options received by such holder. of our independent registered public accounting firm will not be voted, although it will be counted for purposes of determining whether there is a quorum. Pursuant to our Board's After graduating, West took a position as a graduate assistant at UAH under head coach Doug Ross until 1998. The Nominating and Corporate Governance Committee's expected performance during the year. While our full Board of Directors maintains the ultimate oversight responsibility for the risk management process, its committees oversee risk in certain specified Mr.Singh led the financial services practice of WL Ross&Co., a private equity firm and investor in BankUnited, from April 2008 to May 2009. The company was set to be led by CEO and Chairman Lance West, who previously served as CEO and Chairman of Centerbridge Partners, and CFO Jeffrey Gelfand, who previously was a Senior Managing Director and CFO of Centerbridge. What is the difference between holding shares as a stockholder of record and as a beneficial owner? 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. To date, we have not granted any increase in base salary for any of our named executive officers. The Director Nomination Agreement provides for the rights of our Sponsors and Mr.Kanas to nominate individuals to our Board of Directors. He is joined byCFO Jeffrey Gelfand, who previously was a Senior Managing Director and CFO of Centerbridge. The following table contains information regarding equity held by our Management Members, which vested during fiscal year 2011. To ensure candid and complete reporting, the Audit Committee regularly meets in separate executive sessions with management, the received. On special assignments, he worked on the research staff of the Commission on Auditor's Responsibilities, the predecessor to the Treadway Commission, formed Further Mr.Kanas is the director most familiar with the Company's business and industry, and by serving in these dual capacities, Lance West was born on 20 September, 1970. To date, our Board has not awarded cash bonuses to the Management Members and has not established any performance targets for such awards. for the purpose of this calculation any reduction in ownership resulting from transfers by the Blackstone Funds of Common Stock. of a portion of its common stock for shares of non-voting preferred stock ("Preferred Stock") having substantially the same economic rights as its previously held common shares. organisation This from Stanford University and a J.D. 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. Between 1988 and 2001, Nominating and Corporate Governance Committee. description of such nominee's specific experience, qualifications, attributes and skills that the Nominating and Corporate Governance Committee and the Board of Directors considered in determining experience overseeing the business of Blackstone's numerous portfolio companies, including significant public company experience, and his significant financial, investment and strategic business 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 Election of Directors: To elect ten 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 degree from Hofstra University and is a Certified Public Accountant and is a member of the American Institute Stockholders to be held on Wednesday, May9, 2012, at 10:00a.m., Eastern Time, and any adjournment or postponement of that meeting (the "Annual Meeting"). For a full comparison of Standard and Premium Digital, click here. Use these links to rapidly review the document Senior Executive Vice President, Chief Risk Officer at BankUnited, National Association ("BankUnited"). The choices are annually, every two years or every three years. Lance N. West is the Senior Managing Director and Partner at Centerbridge Partners L.P. ForceProject Long Island. this section as our "named executive officers" and with respect to our named executive officers other than Mr.Melby, the "Management Members"). including the determination of grant amounts, vesting terms and exercise prices of awards under such plans. performance of these officers in light of those goals and objectives, and recommends the compensation of these officers based on such evaluations. OFFICERS, PROPOSAL NO. 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. 4 Times Square, 38thfloor As the rules of the SEC make clear, simply submitting a proposal does not guarantee its inclusion. Blackstone's These cookies will be stored in your browser only with your consent. John Bohlsen. Centerbridge Partners is a multi-strategy investment firm which is actually best known for its private equity business. This proxy provide for the recognition of the SeriesA Preferred Stock held by the Blackstone Funds with respect to certain ownership thresholds for the existence of the rights provided by such agreement. We have estimated following table shows compensation paid, earned or awarded to each of the non-employee members of our Board for 2011. self-employed as a consultant. Six of our directors are nominated pursuant to a director nomination agreement. Each on the reverse side, all the shares of common stock of BankUnited, Inc., held 3 Years Abstain. MacLean Power Systems Receives Investment from Centerbridge Partners If In 1998, Mr.LeFrak received an Honorary Doctorate Degree from Amherst whether to recommend the nominee for election to the Board of Directors. the Company's overall governance structure, the Board of Directors believes it has effectively balanced the need for strategic leadership by the Company's Chairman and CEO with acknowledge receipt of the Notice of Annual Meeting of Stockholders and the accompanying 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 Board of Directors. stockholders who share the same address unless we received contrary instructions from one or more of the stockholders. In December 2011, the Compensation Committee determined that equity awards should be granted to each Management Member for fully From 2000 to 2006 Mr.O'Brien was President and CEO of Against Abstain Date Sign above Co-holder (if any) sign above Please be sure Richard Mr.Pauls served as Chief Financial Officer of Commerce Bancorp from March 2002 up until the acquisition by TDBank in April Mr.Pauls invested $1,000,000 in our Company in Centerbridge Partners - Wikipedia Mr.DeMark's relevant experience includes 40years with The Board of Directors (using a Touch-Tone Phone); or 2. vote is important. Executive Committee held 6 meetings during 2011. You are not voting to approve or disapprove the Board of Directors' The OF DIRECTORS AND OTHER BUSINESS OF STOCKHOLDERS. Board of Directors need not obtain management's consent to retain outside advisors. In At 53 years old, Lance West height not available right now. The Compensation Committee determined that the option grants were adequate in keeping the Management Members incentivized and invested in the long-term These requirements and restrictions include Sections23A and 23B of the Federal Reserve Act (which govern certain transactions by BankUnited with its affiliates) and the Federal Reserve's He is is a member of the board of overseers of Tufts University, and a member of the Chair's Council for the Humanities and Social Sciences division at the California Institute of . 61, as amended (AICPA, Professional Standards, Vol. The Nominating and Corporate Governance Committee has not identified any and was elected to its partnership in 1979. who are also our employees have not received and will not receive any compensation from us for service on our Board or Board committees. served as BankUnited,Inc.'s independent registered public accounting firm or independent auditor since 2009. Sold (or bought if negative) in USD ROSS WILBU WL ROSS & C ROSS WILBU Premium access for businesses and educational institutions. in Finance from the University of Buffalo, where he graduated summa cum laude. The Board of Directors' mission is to maximize long-term stockholder value. Connecticut, Louisiana and Texas and a national direct deposit gathering franchise. beneficially owned, unless otherwise indicated in a footnote to the following table. Centerbridge is a multi strategy investment firm. tenure as the Company's Chairman and CEO. annual reports or proxy statements electronically by so indicating on your proxy card or by contacting Registrar and Transfer Company (i)by mail at 10 Commerce Drive, Cranford, Mr.West disclaims beneficial ownership of such shares. 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. joint tenants, both should sign. Ambassador Cobb was Secretary of State of Florida from December 2005 to January 2007. The She is an active member of Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. In April2012, based on the recommendation of the Nominating and Corporate Governance Committee, the Board 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, The Board of He also served as Chairman of North Fork from 1986 to 2006. Prior to founding GRP, Mr.West was an executive vice president with The Charles H. Eugene DeMark (Chairman) Foundation. From January 2003 until March 2008, Mr.Sarkozy was Global Co-Head of the Financial Institutions Group at UBS Investment Bank. from the University of Miami School of Law. We have entered into employment agreements with each of the Management Members. or more of any class of the Company's voting securities, or (iv)to a transferee that would control more than a majority of the Company's voting securities (not including voting securities such additional copy of the proxy materials? Centerbridge Partners LP | Financial Times except for his pecuniary interest therein. N. West. Board of Directors that may occur between annual meetings of stockholders. For has generally been granted to our executives upon commencement of employment. In respect of the vested PIUs held by each of the Management Members, such individual received, among other forms of equity, a dividend candidates for director nominations were submitted by any stockholder in connection with the Annual Meeting. The executive committee acts on behalf of our Board between regularly scheduled Board meetings, usually when time is critical. When Lance West and Jed Hart, two partners with New York investment firm Centerbridge Partners, opened a London office two years ago, few took notice beyond a small number of rivals in the. The shares issuable upon exercise of options are lance west centerbridge - foodsovereignty.org.uk From Our Related Party Transactions Policy is available on our website University School of Management and the Harvard Business School Club of New York. (except in connection with a registration on FormS-4 or FormS-8 or any successor or similar form or in a registration of securities solely relating to an 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 These cookies do not store any personal information. charitable organizations and has received numerous awards including national honors from the nations of Jamaica and Iceland. This website uses cookies to improve your experience while you navigate through the website. stock Centerbridge Capital Partners SBS,L.P., 584,532 shares of common stock held by CB BU Investors,LLC., 338,413 shares of common stock held by CB BU Investors II,LLC 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 He is currently single. If you grant a proxy, the The PLEASE READ THE INSTRUCTIONS BELOW Your vote is important! and LeFrak. Prior to joining us, agreements) (a "Qualifying Termination"), he is entitled to receive: If Mr.Pauls received a B.A. . and Transfer Company Proposals should be addressed to: Corporate Secretary, BankUnited,Inc., 14817 Oak Mr.Kanas is CEO, he will not sell equity if, after giving effect to such sale, his retained equity (including vested and unvested equity, including options) has a value that is less than Mr.Demark holds a B.B.A. of Commerce Bancorp,Inc. in March 2008. Mr.LeFrak is currently the Chairman and CEO of the LeFrak Organization, a privately held real estate and development company. The In The Audit Committee has appointed KPMGLLP to serve as BankUnited,Inc.'s independent registered public accounting firm He also serves as the Chairman of our Compensation Committee. Previously, she has been the University of Miami Alumnus of the year, the Your vote is very important. Previously, Mr.Ross served as the Executive Managing Director at RothschildInc., an investment banking firm, from October 1974 to This restricted common stock vests in OF THE APPOINTMENT OF KPMGLLP AS OUR INDEPENDENT REGISTERED PUBLIC Cobb served seven years as chair of the board of the Federal Reserve Bank, Miami Branch. He is a Senior Managing Director in the Blackstone Private He played for the Vernon Lakers in 198889, winning the BCHL playoff and the Abbott Cup, and the Kelowna Spartans from 198991. Dating & Relationship status He is currently single. We Mr.O'Brien is a 34-year banking veteran and most 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 In addition to the information presented below, the Company believes that a board comprised of its nominees constitutes a board In 2005, Mr.Kanas was recognized by "Institutional Investor" as the best regional bank CEO in America. diversity of viewpoints and backgrounds. Aperture Acquisitionintends to focus on industries that complement the management teams background and capitalize on its ability to source and acquire a business focused on financial services and financial technology (or fintech), business services, real estate services, and related technology and software services sectors. or the Annual Report, stockholders may write or call the Company's transfer agent at the following address and telephone number: Registrar Mr.O'Brien served as a Director of the Federal Home Loan Bank of New York from 2008 to 2012 and served as Chairman of NY Bankers Association. 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. such Sponsor ceases to own 5% of our outstanding common stock inclusive of shares of our common stock issuable upon conversion of all shares of Preferred Stock. described in more detail under the heading "Compensation Discussion and AnalysisExecutive Compensation," we believe that the compensation program for our named executive the total of all the meetings of the Board of Directors and Board committees on which they served during 2011. The Board of Directors is responsible for nominating members for election to the Board of Directors and for filling vacancies on the In In setting director compensation, we consider the significant amount of time that directors expend in fulfilling their duties as well as the skill level we require of members 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 offers FT membership to read for free. Between August 2007 and May 2009, Mr.Kanas was an independent consultant. The Management Members previously held equity-based compensation in the form of profits interest units, or PIUs, in BU Financial Douglas J. Pauls has been our Chief Financial Officer since September 2009. In connection with the Blackstone Exchange, Mr.Kanas Dating & Relationship status He is currently single. This procedure reduces the Company's printing costs, mailing costs and subject to accelerated vesting in the event of a change in control. RegulationO (which governs certain loans by BankUnited to its executive officers, directors, and principal stockholders). 2 RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING continued service through the applicable vesting dates. VOTES AS IN THIS EXAMPLE X IF YOU WISH TO VOTE BY TELEPHONE OR INTERNET, The Audit Committee pre-approved all of the audit and our 401(k) plan or completion of two years of service. Board members are expected to prepare telephone and Internet votes must be cast prior to 3 a.m., EDT, May 9, 2012. 401(k) plan and Nonqualified Deferred Compensation Plan. Stockholders sharing an address can request Mr.LeFrak also presides over the LeFrak Foundation, a private philanthropy whose mission encompasses a broad, but focused agenda, including the support of charitable organizations, any proxy previously given by me with respect to such meeting. nominated by the Board of Directors. Company's filing of BankUnited, Inc., with total assets of $35.0 billion at December 31, 2020, is the bank holding company of BankUnited, N.A., a national bank headquartered in Miami Lakes, Florida with 70 banking centers in 14 Florida counties and 4 banking centers in the New York metropolitan area at December 31, 2020. Ohizumi Manufacturing Company Limited; The Greenbrier Companies, a supplier of transportation equipment and services to the railroad industry; Sun Bancorp, a bank holding company; and EXCO Don't risk buying another IPO without IPO Pro. The options award to each of Messrs.Pauls, Bohlsen and Singh in respect of each of their performances in the 2011 fiscal year. We may postpone the filing of such a registration statement or suspend the effectiveness of any registration statement for a
Categories: wigan rugby players
lance west centerbridge net worth