{"schema_version":"secwatch.filing_event.v1","accession":"0000950157-23-000586","form_type":"8-K","ticker":"LAZ","cik":"0001311370","company_name":"Lazard, Inc.","filed_at":"2023-05-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.340259+00:00","generated_at":"2026-06-14T12:36:33.417254+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Lazard appoints Peter Orszag as CEO effective Oct 1, 2023; Jacobs becomes Executive Chairman","bullets":["Peter R. Orszag, currently CEO of Financial Advisory, elected CEO and board director, effective October 1, 2023.","Kenneth M. Jacobs transitions from Chairman/CEO to Executive Chairman, continuing client advisory role.","Orszag's base salary set at $900,000; Jacobs' base salary at $750,000 effective Transition Date.","Amendments to retention agreements with Orszag, Jacobs, and CFO Russo extend term to March 2028 or later after change of control.","Orszag joined Lazard in 2016; previously served as CBO Director and OMB Director in Obama Administration."],"urls":{"canonical":"https://secwatch.observer/filing/0000950157-23-000586","json":"https://secwatch.observer/filing/0000950157-23-000586.json","markdown":"https://secwatch.observer/filing/0000950157-23-000586.md","text":"https://secwatch.observer/filing/0000950157-23-000586.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1311370/000095015723000586/0000950157-23-000586-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1311370/000095015723000586/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T12:36:33.417254+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7840b06b5a","claim":"Kenneth M. Jacobs was appointed as Executive Chairman of the Board of Directors at Lazard, Inc..","evidence_excerpt":"Mr. Jacobs will cease to serve as Chief Executive Officer of the Company and Lazard Group as of the Transition Date and has been appointed Executive Chairman of the Board of Directors of the Company, effective as of the Transition Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1311370/000095015723000586/0000950157-23-000586-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Chairman of the Board of Directors"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}