Paul Taubman's Bet on Going It Alone Is Starting to Pay Off
- He has collected $127 million in stock since PJT’s listing
- Remainder linked to continued employment, share price hurdles
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In the three years since Paul J. Taubman parted ways with Wall Street giants to strike out on his own, his eponymous firm has advised on several top deals and made him a fortune.
Taubman, a Morgan Stanley veteran who was Wall Street’s highest-paid executive for 2015, has since reaped $127 million from stock awards as shares of PJT Partners Inc. outpaced rivals. The most recent tranche is set to vest Tuesday.