K. Don Cornwell is a Partner at PJT Partners. Mr. Cornwell joined PJT Partners in February of 2015 following an 18-year career at Morgan Stanley. At Morgan Stanley, Mr. Cornwell was in the Mergers and Acquisitions Group, and established a particularly focused area of expertise in media and entertainment, specifically in sports and gaming. Prior to leaving Morgan Stanley he served as Head of Global Sports Investment Banking. Mr. Cornwell also specialized in retail and apparel.
Mr. Cornwell has worked on some of the largest and most complex sports and entertainment deals in the industry, including the sale of Maple Leaf Sports & Entertainment, the sale of the Buffalo Bills, the sale of IMG to William Morris Endeavor, the sale of Access/DAZN owned Perform Group to Vista owned STATS Inc., a recapitalization of the Pittsburgh Steelers and the formation of Major League Baseball Advanced Media. In addition, he has served as a strategic advisor to the National Football League and the National Basketball Association on numerous occasions.
Mr. Cornwell has also worked on several transformational transactions in the gaming space including the combination of Flutter Entertainment and The Stars Group, the sale of Caesars Entertainment to Eldorado Resorts, the acquisition of Sky Betting and Gaming by The Stars Group, the formation of a US sports betting joint venture between MGM Resorts and GVC and the acquisition of Double Down Casino by IGT.
Prior to Morgan Stanley, Mr. Cornwell worked at McKinsey & Co. as a management consultant and in corporate development for the National Football League.
He sits on the Board of Trustees of the East Harlem Tutorial Program, an after school program for children in East Harlem; the Board of Directors of New York Cares, New York City’s largest volunteer organization and the Management Board of Stanford University’s Graduate School of Business.
Mr. Cornwell received a MBA from Stanford University’s Graduate School of Business and an AB in government from Harvard College. He grew up in Brooklyn, New York and attended the Trinity School for high school.