BankUnited CEO Rajinder Singh's 2018 pay rises 19% to $5.6M

BankUnited reports 2018 executive compensation

By ExecPay News

Published: April 5, 2019

BankUnited reported fiscal year 2018 executive compensation information on April 5, 2019.
In 2018, five BankUnited executives received on average a compensation package of $2.5M, which is about the same as previous year.
Average pay of disclosed executives at BankUnited
Rajinder P. Singh, Chief Executive Officer, received $5.6M in total, which increased by 19% compared to 2017. 45% of Singh's compensation, or $2.5M, was in stock awards. Singh also received $1.5M in non-equity incentive plan, $985K in salary, as well as $614K in other compensation.
For fiscal year 2018, the median employee pay was $87,800 at BankUnited. Therefore, the ratio of Rajinder P. Singh's pay to the median employee pay was 64 to one.
Thomas M. Cornish, Chief Operating Officer, received a compensation package of $2.7M, which decreased by 18% compared to previous year. 41% of the compensation package, or $1.1M, was in stock awards.
Rishi Bansal, Chief Investment Officer, earned $1.7M in 2018, a 2% increase compared to previous year.
Leslie N. Lunak, Chief Financial Officer, received $1.6M in 2018, which decreases by 20% compared to 2017.
Jeffrey Starr, General Counsel, earned $1.1M in 2018, a 1% decrease compared to previous year.

Related executives

Rajinder Singh


Chief Executive Officer

Leslie Lunak


Chief Financial Officer

Thomas Cornish


Chief Operating Officer

Rishi Bansal


Chief Investment Officer

Jeffrey Starr


General Counsel

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Source: SEC filing on April 5, 2019.