Business Context and Reporting Period
This Form 8-K is a current report filed by BankUnited, Inc. on March 20, 2019, regarding an event that occurred on March 15, 2019. The filing pertains to the departure of a senior officer within the Company's wholly-owned subsidiary, BankUnited, N.A.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current event disclosure and does not contain financial performance data.
Material Changes
The material change reported is the resignation of Jeffrey Starr, General Counsel of BankUnited, N.A. His resignation is effective May 1, 2019. The Company has initiated a search for a replacement.
Management Commentary and Risks
- Reason for Departure: Mr. Starr's decision is for personal reasons.
- Disagreement Status: The departure is not the result of any disagreement with the Company on matters relating to operations, policies, or practices.
- Contingencies: No unusual items or specific risks beyond the leadership transition are disclosed in this filing.
Key Facts for Investor Verification
- Jeffrey Starr is resigning as General Counsel of BankUnited, N.A. effective May 1, 2019.
- The resignation is voluntary and for personal reasons, with no reported disputes regarding company operations.
- A search for a new General Counsel has been initiated.
- This filing contains no financial results or forward-looking guidance.