Rajinder P. Singh has been leading BankUnited, Inc. as its CEO since January 2017. He has a solid educational background with an MBA from Carnegie Mellon University and a B.S. in Chemical Engineering from the Indian Institute of Technology. His...
Rajinder P. Singh has been leading BankUnited, Inc. as its CEO since January 2017. He has a solid educational background with an MBA from Carnegie Mellon University and a B.S. in Chemical Engineering from the Indian Institute of Technology. His experience in finance is key to his role, helping to shape the direction of the company. Under his leadership, the company aims for growth, focusing on performance metrics that matter to investors, like earnings per share and efficiency ratios. Interestingly, Singh's compensation varies; in 2022, he earned around $5.67 million, but in 2020, his total pay peaked at about $4.68 million due to a substantial bonus reflecting strong performance. His employment agreement has been updated multiple times, showing confidence from the board, notably extending its term up to 2026. The company's commitment to aligning executive pay with company performance reflects in his bonus structure and performance stock units. Singh also maintains a significant stock ownership requirement, indicating he has a vested interest in the company's success. Overall, Singh's leadership and compensation structure hint at a CEO focused not just on retaining talent but also on fostering long-term value for shareholders and aligning interests with the company's performance.