Banking
BankUnited Executive Compensation (FY25)
BKU · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): May 21, 2026
176 figures on this page: 167 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Total compensation for Rajinder Singh, Chairman, President and Chief Executive Officer, came to $7,437,175 in fiscal 2025, and the company reported a chief executive pay ratio of 65:1 for fiscal 2025, against median employee compensation of $114,428. 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. The disclosed peer group names Ameris Bancorp, Associated Banc-Corp, BOK Financial Corporation, Eastern Bankshares, Inc and F.N.B. Corporation, among others. The fiscal 2025 disclosure covers 6 named executive officers.
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 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| James G. Mackey | PSU | ◇ | — | ◇ | — | — | — | ◇ |
| Jay D. Richards | PSU | ◇ | — | ◇ | — | — | — | ◇ |
Fiscal 2023, 2024 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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Rajinder Singh | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Jay Richards | RSU | ◇ | ◇ | — | — |
| Thomas Cornish | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Rishi Bansal | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Leslie Lunak | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| James Mackey | RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Douglas J. Pauls Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Sanjiv Sobti, Ph.D | ◇ | ◇ | — | — | — | — | ◇ |
Lynne Wines | ◇ | ◇ | — | — | — | — | ◇ |
Michael J. Dowling | ◇ | ◇ | — | — | — | — | ◇ |
John N. DiGiacomo | ◇ | ◇ | — | — | — | — | ◇ |
William S. Rubenstein | ◇ | ◇ | — | — | — | — | ◇ |
Germaine Smith Baugh, Ed.D | ◇ | ◇ | — | — | — | — | ◇ |
Tere Blanca | ◇ | ◇ | — | — | — | — | ◇ |
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 | ◇ |
| Total board retainer | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Equity is delivered as Restricted Stock.
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
- 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.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 21, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 22, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 15, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 16, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 18, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 25, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 15, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 15, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 23, 2018 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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.
Executive Compensation Report — $1,500Written 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.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable 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.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
176 figures on this page: 167 cited to the filing that reported them, 9 calculated from figures it prints.
167 cited to the filing
9 calculated from the filing
Documents cited
- 0001504008-26-000049Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001504008-26-000037CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards · Outstanding Equity Awards at 2025 Fiscal Year-End · and 1 more section
- 0001504008-25-000014Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001504008-25-000007Summary Compensation Table for 2024
- 0001504008-24-000016Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001504008-24-000009Summary Compensation Table for 2023
- 0001504008-23-000021Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001504008-22-000025Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001504008-21-000019Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000898822-20-000040Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000898822-19-000038Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001504008-18-000016Item 5.07 Submission of Matters to a Vote of Security Holders
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This page is free to cite. Attribution we ask for:
Velarion, “BankUnited executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/BKU (accessed 2026).
Short form: data: Velarion
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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 CorporationTexas Capital Bancshares, Inc.UMB Financial CorporationUnited Bankshares, Inc.United Community Bank, Inc.Valley National BancorpWebster Financial Corporation
Terms on this page
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}
}