BankUnited CFO Mackey gets double-trigger change-in-control severance of 2x base salary

BankUnited

BankUnited

BKU

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  • BankUnited revised change-in-control terms for CFO James Mackey, replacing a prior retention bonus with a double-trigger severance arrangement.
  • Agreement provides lump-sum severance equal to 2 times annual base salary if employment ends without cause or for good reason within two years following a change in control, subject to a release of claims.
  • Amended and restated letter agreement entered May 11, 2026, superseding Mackey’s July 22, 2025 letter agreement.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BankUnited Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-033753), on May 12, 2026, and is solely responsible for the information contained therein.

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