Andrew Bednar is the CEO of Perella Weinberg Partners (PWP) since January 2023, stepping up from his role as Co-President where he has been a key figure since 2020. With a solid background in finance, Bednar brings over 25 years...

Andrew Bednar is the CEO of Perella Weinberg Partners (PWP) since January 2023, stepping up from his role as Co-President where he has been a key figure since 2020. With a solid background in finance, Bednar brings over 25 years of investment banking experience to the table. He started his career at Cravath, Swaine & Moore LLP in 1994, then held top positions at Goldman Sachs and Bank of America, focusing on mergers and acquisitions. Bednar has a strong academic foundation with a Bachelor of Science and an MBA from Cornell University, along with a Juris Doctor from Columbia University. He’s a founding partner at PWP, showing his commitment to the firm since its early days. In terms of wealth, he has seen fluctuations in his holdings from around $1.76M to over $46.19M in insider trading activity, demonstrating an active role in managing his share ownership. His total compensation reached $730,000 in 2023, combining salary, bonuses, and stock options tied to the firm's performance, which reflects a focus on aligning his interests with those of the company.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Perella Weinberg Partners CEOs

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Andrew Bednar

Founder and CEO of Perella Weinberg Partners

Education

Bachelor of Science and MBA from Cornell University, Juris Doctor from Columbia University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1968 - 57 years ago

CEO of Perella Weinberg Partners for

2 years 5 months (Jan 2023 - Present)

Previous Experience

Co-President at PWP, Former Head of U.S. Mergers & Acquisitions at Bank of America

Rivals

Competitors/colleagues of Andrew Bednar

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Kate Pilcher Ciafone

Founder and CEO of Moelis & Company

2023 Compensation

Stock

$0.00

Salary

$400.00K

Bonus

$30.50K

Other

$30.90K

Total Holdings

$1.04M

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John S. Weinberg

CEO of Evercore

2023 Compensation

Stock

$0.00

Salary

$500.00K

Bonus

$3.13M

Other

$0.00

Total Holdings

$718.97M

S

Ronald J. Kruszewski

CEO of Stifel Financial

2023 Compensation

Stock

$0.00

Salary

$200.00K

Bonus

$2.26M

Other

$822.06K

Total Holdings

$137.96M

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Kenneth M. Jacobs

CEO of Lazard

2023 Compensation

Stock

$12.04M

Salary

$862.50K

Bonus

$1.87M

Other

$245.14K

Total Holdings

$79.73M

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Peter R. Orszag

CEO of Lazard

2023 Compensation

Stock

$0.00

Salary

$787.50K

Bonus

$2.16M

Other

$90.40K

Total Holdings

$2.91M

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Chad R. Abraham

CEO of Piper Sandler

2021 Compensation

Stock

$0.00

Salary

$633.33K

Bonus

$3.25M

Other

$140.48K

Total Holdings

$22.64M

Holdings

See how much did Andrew Bednar make over time.

Andrew Bednar's holdings have shown considerable variation over the years. Starting at a value of $2.64M in March 2022, he saw significant fluctuations leading up to an impressive peak of $46.19M in September 2024. His trading history indicates he sold...

Andrew Bednar's holdings have shown considerable variation over the years. Starting at a value of $2.64M in March 2022, he saw significant fluctuations leading up to an impressive peak of $46.19M in September 2024. His trading history indicates he sold shares regularly, with notable drops in value down to $1.76M by July 2022. However, as of late 2024, Bednar's holdings rebounded to over $9.31M, signaling effective management of his investment portfolio amid market changes. This indicates both his confidence in the company's direction and a strategic approach to personal investment, transitioning from lower valuations to considerable gains over time.

Mar 18, 2025

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shares

PWP @ $19.13

Total Stock Sold

$7.46M

PWP

$7.46M

300,579 PWP shares

What if they kept their stock?

If Andrew Bednar didn't sell their stock, today they would have:
Extra PWP300,579 shares worth $3.91M.
This is -47.62% and $3.55M less than what they got when they sold the stock.

Charitable Transactions

PWP

45,992 shares

PWP

Recent Charitable Transactions

PWP

45,992 shares

PWP

Nov 12, 2024

Charity

Insider Trading

See recent insider trades of Andrew Bednar.

PWP

45,992 shares

PWP

Nov 12, 2024

Charity

PWP

$7.36M

PWP at $24.48/share

Nov 12, 2024

Sale

PWP

225,536 shares

PWP

Feb 15, 2024

Received

PWP

101,767 shares

PWP

Feb 24, 2023

Received

PWP

281,878 shares

PWP

Mar 4, 2022

Received

Compensation History

See how much did Andrew Bednar make over time.

In 2023, Andrew Bednar's total compensation amounted to $730,000. This package included a base salary of $500,000 and performance-based bonuses that totaled $200,000. Additionally, he received $100,000 worth of stock grants due to his long-term incentive plans tied to the company's performance. His compensation strategy reflects a focus on aligning his pay with the firm's success, utilizing a structure of base salary combined with bonuses and stock options. Such a mix encourages a direct link between his performance as CEO and the overall performance of PWP, aligning his goals with that of the shareholders.

Year

2023

Total Compensation

$880.00K

Salary

$500.00K

Board Justification

The compensation philosophy is designed to align CEO pay with long-term company performance and shareholder interests, utilizing a mix of fixed and variable compensation components.

Bonus

$200.00K

Board Justification

The bonus is based on the company's performance metrics, including revenue growth and profitability targets achieved in 2023.

Other

$30.00K

Board Justification

Other compensation includes health benefits and retirement contributions paid in 2023.

Restricted Stock

$150.00K(10K common stock)

Board Justification

10,000 shares of common stock vested in 2023 as part of the long-term incentive plan, which is tied to the company's stock performance over a three-year period.

Performance Metrics

Performance metrics include revenue growth, EBITDA margins, and total shareholder return.

Other Perella Weinberg Partners CEOs

Here are other CEOs of Perella Weinberg Partners

Peter A. Weinberg

Founder and Ex-CEO of Perella Weinberg Partners

January 2006 - January 2023