PJT PARTNERS INC CLASS A (PJT)
Sector: Financials
2026 Annual Meeting Analysis
PJT PARTNERS INC CLASS A · Meeting: June 18, 2026
Directors FOR
3
Directors AGAINST
0
Say on Pay
FOR
Auditor
FOR
Director Elections
Election to our Board of Directors of three Class II director nominees identified in this Proxy Statement
Cornwell joined the board in January 2023, giving him just over three years of tenure; PJT's 3-year stock return of +114% outperforms the peer group median by +33.9 percentage points, well below the 65-point threshold that would trigger a concern, all meetings were attended at the required level, and no overboarding or independence issues apply.
Currie joined the board in July 2025, less than 24 months ago, so he is fully exempt from the stock performance trigger under policy; he brings deep financial, technology, and audit expertise as the new Audit Committee Chair, and no other policy flags apply.
Ryan has served since October 2015; PJT's 3-year stock return of +114% outperforms the peer group median (+80.1%) by +33.9 percentage points, which does not breach the 65-point threshold required to trigger a concern for a strong-positive-TSR company, meeting attendance was fully compliant, and no overboarding or independence issues exist.
All three Class II nominees — Cornwell, Currie, and Ryan — receive a FOR vote. PJT's strong 3-year stock return of +114% outperforms its disclosed peer group median of +80.1% by +33.9 percentage points, far short of the 65-point underperformance threshold needed to trigger a concern for a company with strongly positive absolute returns. No director has attendance, overboarding, independence, or qualifications issues.
Say on Pay
✓ FORCEO
Paul J. Taubman
Total Comp
$1,031,350
Prior Support
97%%
CEO total reported compensation of $1,031,350 — consisting entirely of a $1,000,000 base salary and $31,350 in perquisites with no bonus or new equity award — is extremely modest for a CEO of a $6 billion financial advisory firm, and is well within any reasonable benchmark. The broader pay program is heavily weighted toward variable, long-term equity compensation for other named executives (51%, 48%, and 44% of annual incentive delivered in multi-year vesting equity for Ms. Lee, Ms. Meates, and Mr. Travin respectively), and PJT's 3-year stock return of +114% substantially outperforms its peer group, confirming that incentive pay is aligned with shareholder experience. Shareholders overwhelmingly approved the program with 97% support in the prior year, a strong endorsement of the structure.
Auditor Ratification
✓ FORAuditor
Deloitte & Touche LLP
Tenure
N/A
Audit Fees
$2,543,042
Non-Audit Fees
$1,140,433
Non-audit fees (tax fees of $1,138,370 plus other fees of $2,063, totaling approximately $1,140,433) represent about 44.8% of audit fees ($2,543,042), which is below the 50% threshold that would raise independence concerns. Auditor tenure is not explicitly disclosed in the filing so no tenure trigger fires, Deloitte is a Big 4 firm appropriate for PJT's $6 billion market cap, and no material financial restatements are noted.
Overall Assessment
PJT Partners' 2026 annual meeting ballot contains three standard management proposals — director elections, auditor ratification, and an advisory say-on-pay vote — with no stockholder proposals. All proposals receive a FOR vote: the director nominees are well-qualified with no performance, attendance, or governance flags; Deloitte's fee structure is within acceptable independence parameters; and the executive compensation program features a remarkably modest CEO pay package paired with performance-linked equity awards for other executives, supported by strong stock performance and 97% prior-year shareholder approval.
Compensation Peer Group
6 companies disclosed in 2026 proxy filing