A. Robert Towbin Notifies Not Stand for Re-Election to the Board of BankUnited, Inc
March 23, 2018 at 04:49 pm EDT
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On March 22, 2018, A. Robert Towbin, a member of the Board of Directors of BankUnited, Inc., notified the company that he will not stand for re-election to the Board at the company’s 2018 Annual Meeting of Stockholders. Mr. Towbin is 82 years old and has served as a director of the Company since 2014. Mr. Towbin will continue to serve as a director of the Company until the 2018 Annual Meeting. Mr. Towbin’s decision to retire from the Board is not the result of any disagreement with the Company or any matter relating to the Company’s operations, policies or practices.
BankUnited, Inc. is a bank holding company of BankUnited (the Bank). The Bank provides a full range of commercial lending and both commercial and consumer deposit services through banking centers located in Florida, the New York metropolitan area and Dallas, Texas, and a comprehensive suite of wholesale products to customers through an Atlanta office focused on the Southeast region. The Bankâs lending and leasing products include commercial loans, commercial real estate loans, residential mortgages and other consumer loans. It offers traditional deposit products, including commercial and consumer checking accounts, money market deposit accounts, savings accounts and certificates of deposit with a variety of terms and rates, as well as a robust suite of treasury, commercial payments and cash management services. The Bank provides certain commercial lending and deposit products through national platforms and certain consumer deposit products through an online channel.