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BankUnited Executive Compensation (FY25)

BKU · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Rajinder Singh
Median of the other named officers
$2,214,247
5 officers, excluding the chief executive
Latest say-on-pay support
=
May 21, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 22, 2026Latest filing (8-K): May 21, 2026
13 filings cited on this page
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240 figures on this page: 231 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Rajinder Singh: $6,616,940 → $7,437,175 (12.4% higher)
Say-on-pay support: 80.9% → 89.5% (8.6 points higher)
CEO pay ratio: 63.3:1 → 65:1 (2.7% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is BankUnited's chief executive and what were they paid?
Total compensation for Rajinder Singh, Chairman, President and Chief Executive Officer, came to $7,437,175 in fiscal 2025. Singh's total was 12.4% higher than the $6,616,940 reported for fiscal 2024.
What was BankUnited's say-on-pay result?
Shareholders supported the say-on-pay proposal with 89.5% of votes cast including abstentions in favor at the meeting held May 21, 2026 for fiscal 2025.
Which companies are in BankUnited's peer group?
The disclosed peer group names Ameris Bancorp, Associated Banc-Corp, BOK Financial Corporation, Eastern Bankshares, Inc and F.N.B. Corporation, among others.
What is BankUnited's chief executive pay ratio?
The company reported a chief executive pay ratio of 65:1 for fiscal 2025, against median employee compensation of $114,428.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Rajinder Singh
Chairman, President and Chief Executive Officer
◇—◇—◇—◇◇
Thomas Cornish
Chief Operating Officer
◇—◇—◇—◇◇
Leslie Lunak
Chief Financial Officer
◇—◇—◇—◇◇
Rishi Bansal
Chief Investment Officer BankUnited, N.A.
◇—◇—◇—◇◇
Jay Richards
Chief Risk Officer BankUnited, N.A.
◇◇◇———◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Rajinder Singh
Chairman, President and Chief Executive Officer
◇—◇—◇—◇◇
Thomas Cornish
Chief Operating Officer
◇—◇—◇—◇◇
Leslie Lunak
Chief Financial Officer
◇—◇—◇—◇◇
Rishi Bansal
Chief Investment Officer of BankUnited, N.A.
◇—◇—◇—◇◇
Jay Richards
Chief Risk Officer of BankUnited, N.A.
◇◇◇———◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Rajinder P. Singh
Chairman, President and Chief Executive Officer
◇—◇—◇—◇◇
Thomas M. Cornish
Chief Operating Officer
◇—◇—◇—◇◇
Leslie N. Lunak
Chief Financial Officer
◇—◇—◇—◇◇
Rishi Bansal
Chief Investment Officer of BankUnited, N.A.
◇—◇—◇—◇◇
Jay D. Richards
Chief Risk Officer of BankUnited, N.A.
◇◇◇———◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Rajinder Singh
Chairman, President and Chief Executive Officer
◇—◇—◇—◇◇
Thomas Cornish
Chief Operating Officer
◇—◇—◇—◇◇
Rishi Bansal
Chief Investment Officer of BankUnited, N.A.
◇—◇—◇—◇◇
Leslie Lunak
Chief Financial Officer (through November 2025); Executive Advisor (effective November 2025)
◇—◇—◇—◇◇
James Mackey
Chief Financial Officer (effective November 2025)
◇◇◇———◇◇
Jay Richards
Chief Risk Officer of BankUnited, N.A.
◇◇◇———◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
James G. MackeyRSU◇——◇——◇
Jay D. RichardsRSU◇——◇——◇
Leslie N. LunakRSU◇——◇——◇
Leslie N. LunakPSU◇◇◇—◇—◇
Rajinder P. SinghRSU◇——◇——◇
Rajinder P. SinghPSU◇◇◇—◇—◇
Rishi BansalPSU◇◇◇—◇—◇
Rishi BansalRSU◇——◇——◇
Thomas M. CornishPSU◇◇◇—◇—◇
Thomas M. CornishRSU◇——◇——◇
Fiscal 2022, 2023 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Leslie LunakPSU◇◇——
RSU◇◇——
Jay RichardsRSU◇◇——
Rajinder SinghRSU◇◇——
PSU◇◇——
Rishi BansalRSU◇◇——
PSU◇◇——
James MackeyRSU◇◇——
Thomas CornishPSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
James Mackey
Chief Financial Officer (effective November 2025) · Change-in-control agreement
Change-in-control multiple◇
Leslie Lunak
Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance cash amount◇
Change-in-control base◇
Rajinder Singh
Chief Executive Officer · Employment agreement
Severance multiple◇
Change-in-control multiple◇
Rishi Bansal
Chief Investment Officer of BankUnited, N.A. · Terms as described in the company’s compensation discussion · citing a 2025 filing
Change-in-control multiple◇
Change-in-control base◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Douglas J. Pauls
Lead independent director
◇◇————◇
Sanjiv Sobti, Ph.D
◇◇————◇
Lynne Wines
◇◇————◇
Michael J. Dowling
◇◇————◇
John N. DiGiacomo
◇◇————◇
William S. Rubenstein
◇◇————◇
Tere Blanca
◇◇————◇
Germaine Smith Baugh, Ed.D
◇◇————◇
Rajinder P. Singh served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as Restricted Shares.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Ameris Bancorp ABCB
  • Associated Banc-Corp ASB
  • BOK Financial Corporation BOKF
  • Eastern Bankshares, Inc EBC
  • F.N.B. Corporation FNB
  • Fulton Financial Corporation FULT
  • Hancock Whitney Corporation HWC
  • Pinnacle Financial Partners, Inc. PNFP
  • Prosperity Bancshares, Inc. PB
  • SouthState Corporation SSB
  • Synovus Financial Corp. SNV
  • Texas Capital Bancshares, Inc. TCBI
  • UMB Financial Corporation UMBF
  • United Bankshares, Inc. UBSI
  • United Community Bank, Inc. UCB
  • Valley National Bancorp VLY
  • Webster Financial Corporation WBS

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 21, 2026=◇◇◇
2024May 22, 2025=◇◇◇
2023May 15, 2024=◇◇◇
2022May 16, 2023=◇◇◇
2021May 18, 2022=◇◇◇
2020May 25, 2021=◇◇◇
2019May 15, 2020=◇◇◇
2018May 15, 2019=◇◇◇
2017May 23, 2018=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Rajinder Singh (Chairman, President and Chief Executive Officer), FY2025 total compensation $7,437,175 (base salary $1,050,000) [exec_comp, SEC accession 0001504008-26-000037, filed 2026-04-10]

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What this page does not include

Everything above is a fact BankUnited disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where BankUnited sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
240 figures on this page: 231 cited to the filing that reported them, 9 calculated from figures it prints.
231 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001504008-26-000049
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001504008-26-000037
    CEO PAY RATIO · Director Compensation · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year-End · and 2 more sections
  3. 0001504008-25-000014
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001504008-25-000007
    Compensation Discussion and Analysis · Summary Compensation Table for 2024
  5. 0001504008-24-000016
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001504008-24-000009
    Summary Compensation Table for 2023
  7. 0001504008-23-000021
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001504008-23-000009
  9. 0001504008-22-000025
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001504008-21-000019
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0000898822-20-000040
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0000898822-19-000038
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001504008-18-000016
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
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Velarion, “BankUnited executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/BKU (accessed 2026).
Short form: data: Velarion

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13 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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Banking rankings

Chief executive pay — BankingCEO pay ratio — BankingSay-on-pay support — Banking

Peers BankUnited discloses

The companies named in BKU's own disclosed peer group.

Ameris BancorpAssociated Banc-CorpBOK Financial CorporationEastern Bankshares, IncF.N.B. CorporationFulton Financial CorporationHancock Whitney CorporationPinnacle Financial Partners, Inc.Prosperity Bancshares, Inc.SouthState CorporationSynovus Financial Corp.Texas Capital Bancshares, Inc.UMB Financial CorporationUnited Bankshares, Inc.United Community Bank, Inc.Valley National BancorpWebster Financial Corporation

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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