In 2016, John A. Kanas earned $3.12M in total compensation at BankUnited, including $1.30M salary and $1.52M in stock. Most recently acquired 1,000 shares in May 2018. Currently holds stock worth $22.64M. Has donated $173.25M in stock to charitable causes. Led BankUnited as CEO for 7 years.
Compensation History
Annual executive compensation data for John A. Kanas, including salary, bonuses, and stock awards.
Year
2016
Total Compensation
$3.12M
Salary
$1.30M
Bonus
$0.00
Other
$299.74K
Salary
$1.30MBoard Justification
The compensation philosophy is designed to retain talent and align pay with performance of the Company.
Bonus
$0.00Board Justification
No bonus was awarded for 2016.
Other Compensation
$299.74KBoard Justification
Includes contributions to 401(k) plan, automobile allowance, driver allowance, and personal use of the Company's aircraft.
Restricted Stock
Board Justification
40,285 RSUs granted on February 11, 2016, with one-third vesting on December 31, 2016, and the remainder vesting in equal installments on December 31, 2017 and December 31, 2018.
Performance Metrics
Performance metrics for 2016 included relative growth in loans, deposits, operating net income, and ratios of non-performing assets.
John A. Kanas
Founder and Ex-CEO of BankUnited
Education
B.A. in Economics from the University of Massachusetts
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
July 1, 1951 - 74 years ago
CEO of BankUnited for
7 years 7 months (May 2009 - Dec 2016)
Previous Experience
Former President and CEO of North Fork Bank, CEO of FleetBoston Financial Corporation
Other BankUnited CEOs
Holdings
Track John A. Kanas's stock holdings and portfolio value over time.
Total Stock Sold
$177.61M
$177.61M
5,400,575 BKU shares
What if they kept their stock?
If John A. Kanas didn't sell their stock, today they would have:
Extra BKU5,400,575 shares worth $241.41M.
This is 35.92% and $63.80M more than what they got when they sold the stock.
Charitable Transactions
3,875,914 shares
BKU
Recent Charitable Transactions
59,823 shares
BKU
Dec 31, 2018
Charity
564,076 shares
BKU
Dec 31, 2017
Charity
600,000 shares
BKU
Dec 31, 2016
Charity
81,650 shares
BKU
Dec 31, 2015
Charity
62,680 shares
BKU
Dec 31, 2014
Charity
1,246,440 shares
BKU
Dec 31, 2013
Charity
Insider Trading
John A. Kanas's recent stock transactions, purchases, and sales filed with the SEC.
1,000 shares
BKU
May 23, 2018
Received
59,823 shares
BKU
Dec 31, 2018
Charity
$2.59M
BKU at $33.18/share
Aug 23, 2017
Sale
$6.67M
BKU at $33.35/share
Jul 24, 2017
Sale
564,076 shares
BKU
Dec 31, 2017
Charity
564,076 shares
BKU
Dec 31, 2017
Charity
$6.53M
BKU at $32.65/share
Jun 23, 2017
Sale
$6.78M
BKU at $33.92/share
May 23, 2017
Sale
1,000 shares
BKU
May 16, 2017
Received
$851.18K
BKU at $39.03/share
Mar 15, 2017
Sale
Rivals
Compare John A. Kanas with competitor CEOs and industry peers.
Chang M. Liu
CEO of Cathay General Bancorp
2023 Compensation
Stock
$5.13M
Salary
$920.00K
Bonus
$784.60K
Other
$16.50K
Total Holdings
$17.71M
John F. Woods
CEO of Citizens Financial Group
2023 Compensation
Stock
$150.00K
Salary
$950.00K
Bonus
$300.00K
Other
$100.00K
Total Holdings
$11.21M
George A. Makris, Jr.
CEO of Simmons First National
2022 Compensation
Stock
$2.30M
Salary
$887.62K
Bonus
$40.21K
Other
$146.36K
Total Holdings
$13.32M
Joseph S. Exnicios
CEO of Hancock Whitney Corporation
2023 Compensation
Stock
$265.86K
Salary
$553.84K
Bonus
$383.43K
Other
$67.08K
Total Holdings
$1.50K
Bruce Van Saun
CEO of Citizens Financial Group
2023 Compensation
Stock
$1.50M
Salary
$1.20M
Bonus
$300.00K
Other
$200.00K
Total Holdings
$47.91M