---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-049080"
form_type: "8-K"
ticker: "LAZ"
cik: "0001311370"
company_name: "Lazard, Inc."
filed_at: "2024-11-25T23:59:59+00:00"
generated_at: "2026-05-29T18:41:29.711172+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Lazard names Peter Orszag Chairman, Ken Jacobs Senior Chairman, Dan Schulman Lead Director

## Summary
- Peter Orszag appointed Chairman of the Board effective Jan 1, 2025; continues as CEO.
- Ken Jacobs becomes Senior Chairman, relinquishes board seat Dec 31, 2024; receives $11.1M/yr guaranteed for 2025-2026.
- Dan Schulman named Lead Independent Director succeeding Richard Parsons, who remains on board.
- Jacobs may transition to consultant from Jan 1, 2026 for one year, then at-will from Apr 1, 2027.

## SEC filing metadata
- accession: 0001628280-24-049080
- form_type: 8-K
- ticker: LAZ
- cik: 0001311370
- company_name: Lazard, Inc.
- filed_at: 2024-11-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1311370/000162828024049080/0001628280-24-049080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1311370/000162828024049080/laz-20241122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-049080
- JSON: https://secwatch.observer/filing/0001628280-24-049080.json
- Plain text: https://secwatch.observer/filing/0001628280-24-049080.txt

## Key facts
- Executive change
  Peter R. Orszag was appointed as Chairman of the Board at Lazard, Inc..
  - Action: appointed
  - Role: Chairman of the Board
  source text: On November 25, 2024, Lazard, Inc. (the “Company”) announced that Mr. Peter R. Orszag has been appointed Chairman of the Board of Directors (“Board”) of the Company, effective January 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1311370/000162828024049080/0001628280-24-049080-index.htm
- Executive change
  Dan Schulman was appointed as Lead Independent Director at Lazard, Inc..
  - Action: appointed
  - Role: Lead Independent Director
  source text: the Company’s independent directors appointed Mr. Dan Schulman to succeed Mr. Richard D. Parsons, who remains on the Board, as Lead Independent Director of the Company, effective January 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1311370/000162828024049080/0001628280-24-049080-index.htm
- Executive change
  Kenneth M. Jacobs was appointed as Senior Chairman of the Company at Lazard, Inc..
  - Action: appointed
  - Role: Senior Chairman of the Company
  source text: Mr. Kenneth M. Jacobs will relinquish his board seat and serve as Senior Chairman of the Company and Senior Advisor to the Board (collectively, “Senior Chairman of the Company”), effective December 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1311370/000162828024049080/0001628280-24-049080-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.