Perella Weinberg Partners Management
Management criteria checks 1/4
Perella Weinberg Partners' CEO is Andrew Bednar, appointed in Jan 2023, has a tenure of 1.83 years. total yearly compensation is $12.40M, comprised of 4% salary and 96% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth $5.23M. The average tenure of the management team and the board of directors is 1.3 years and 3.4 years respectively.
Key information
Andrew Bednar
Chief executive officer
US$12.4m
Total compensation
| CEO salary percentage | 4.0% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 1.3yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
Perella Weinberg Partners (NASDAQ:PWP) Is Due To Pay A Dividend Of $0.07
Nov 12
Perella Weinberg: Aggressive Hiring Past And Present Paying Off
Nov 10Perella Weinberg Partners (NASDAQ:PWP) Will Pay A Dividend Of $0.07
Aug 22Perella Weinberg: Management Downplaying Q2 Outperformance
Aug 05Investors Still Aren't Entirely Convinced By Perella Weinberg Partners' (NASDAQ:PWP) Revenues Despite 25% Price Jump
Jul 21Perella Weinberg Partners (NASDAQ:PWP) Has Affirmed Its Dividend Of $0.07
May 23Perella Weinberg Partners (NASDAQ:PWP) Will Pay A Dividend Of $0.07
May 09Market Still Lacking Some Conviction On Perella Weinberg Partners (NASDAQ:PWP)
May 01Perella Weinberg: Comp Expense Should Go Down After Turnover
Apr 07Perella Weinberg Partners (NASDAQ:PWP) Will Pay A Dividend Of $0.07
Nov 10Perella Weinberg Partners' (NASDAQ:PWP) Dividend Will Be $0.07
Aug 18Andrew Bednar is the new CEO of Perella Weinberg Partners
Sep 26Perella Weinberg Engages Full Throttle On Share Buybacks
Aug 26Perella Weinberg Partners Non-GAAP EPS of $0.22 beats by $0.17, revenue of $151.1M beats by $37.13M
Aug 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$96m |
| Jun 30 2024 | n/a | n/a | -US$114m |
| Mar 31 2024 | n/a | n/a | -US$48m |
| Dec 31 2023 | US$12m | US$500k | -US$17m |
| Sep 30 2023 | n/a | n/a | -US$8m |
| Jun 30 2023 | n/a | n/a | -US$5m |
| Mar 31 2023 | n/a | n/a | US$4m |
| Dec 31 2022 | US$6m | US$500k | US$18m |
| Sep 30 2022 | n/a | n/a | US$19m |
| Jun 30 2022 | n/a | n/a | US$21m |
| Mar 31 2022 | n/a | n/a | -US$527k |
| Dec 31 2021 | US$54m | US$500k | -US$9m |
| Sep 30 2021 | n/a | n/a | -US$6m |
| Jun 30 2021 | n/a | n/a | -US$11m |
| Mar 31 2021 | n/a | n/a | -US$20m |
| Dec 31 2020 | US$8m | US$500k | -US$24m |
Compensation vs Market: Andrew's total compensation ($USD12.40M) is above average for companies of similar size in the US market ($USD5.35M).
Compensation vs Earnings: Andrew's compensation has increased whilst the company is unprofitable.
CEO
Andrew Bednar
1.8yrs
Tenure
US$12,404,570
Compensation
Mr. Andrew Thomas Bednar, J.D. is a Founding Partner of Perella Weinberg Partners, has served as Chief Executive Officer since January 2023 and has served as a member of board of directors of Perella Weinb...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 3.4yrs | US$11.87m | 1.7% $ 38.0m | |
| CEO, Partner of New York & Director | 1.8yrs | US$12.40m | 0.23% $ 5.2m | |
| Partner of London | 1.8yrs | US$4.75m | 0.13% $ 3.0m | |
| Executive Director & Head of Investor Relations | no data | no data | no data | |
| Partner for Advisory Business - New York | no data | no data | no data | |
| Partner of Advisory - New York | 10.8yrs | no data | no data | |
| Managing Director of New York | less than a year | no data | no data | |
| Partner in Advisory Business & Co-Head of Consumer and Retail practice | less than a year | no data | no data | |
| Managing Director of New York | less than a year | no data | no data | |
| Executive Director of Firm Administration | no data | no data | no data |
1.3yrs
Average Tenure
Experienced Management: PWP's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 3.4yrs | US$11.87m | 1.7% $ 38.0m | |
| CEO, Partner of New York & Director | 3.4yrs | US$12.40m | 0.23% $ 5.2m | |
| Partner of London | 3.4yrs | US$4.75m | 0.13% $ 3.0m | |
| Independent Director | 2.5yrs | US$180.90k | 0.048% $ 1.1m | |
| Independent Director | 3.4yrs | US$200.90k | 0.042% $ 939.0k | |
| Independent Director | 2.5yrs | US$180.90k | 0.048% $ 1.1m | |
| Independent Director | 3.4yrs | US$200.90k | 0.058% $ 1.3m |
3.4yrs
Average Tenure
65.5yo
Average Age
Experienced Board: PWP's board of directors are considered experienced (3.4 years average tenure).