Peter Harrison
the Board elected Peter Harrison to join the Board, effective immediately.
Highest-materiality recent filing
Lazard appoints Kathy Elsesser to board; Andrew Alper retires after 13 years
Kathy Elsesser, retired Goldman Sachs partner and TPG board member, appointed to Lazard board effective July 7, 2026.
Lazard shareholders approve board declassification, reelect directors at annual meeting
Board declassification amendment approved with 79.7M votes for (95.7% of votes cast); effective May 22, 2026.
Lazard Q1: GAAP EPS $0.91, adj. $0.42; AUM $259B; announces Campbell Lutyens acquisition
GAAP net income $101M ($0.91 diluted EPS); adjusted net income $47M ($0.42 diluted EPS).
Lazard to acquire Campbell Lutyens for up to $660M; creates private capital advisory leader
Total consideration: $460M initial (mostly stock at $46.50/share), $115M deferred, plus $85M earn-out.
Lazard to acquire Campbell Lutyens for ~$575M, creating private capital advisory leader
Total consideration of ~$575M payable at closing and two years later; earn-out up to $85M.
Lazard appoints Tracy Farr as CFO effective Feb 1, 2026; Betsch becomes Senior Advisor
Tracy Farr appointed CFO effective Feb 1, 2026, succeeding Mary Ann Betsch.
Lazard Q4 adj EPS $0.80; record FA revenue $1.8B in 2025; new CFO appointed
Q4 2025 adj net revenue $892M (+10% YoY); adj net income $89M ($0.80/diluted).
Lazard Q3 adjusted revenue record $725M (+12%), EPS $0.56 (+47% YoY)
Record firmwide adjusted net revenue of $725M, up 12% YoY; GAAP net revenue $748M, net income $71M ($0.65 diluted EPS).
Lazard posts letter updating Lazard 2030 vision and growth strategy; no specifics in filing
Lazard issued a letter updating its Lazard 2030 strategic vision and long-term growth plan.
Lazard appoints Christopher Hogbin as CEO of asset management; Evan Russo transitions to advisor
Christopher Hogbin named CEO of Lazard Asset Management, effective December 2025; succeeds Evan Russo.
Lazard appoints Perplexity AI's Dmitry Shevelenko to Board of Directors
Dmitry Shevelenko, Chief Business Officer of Perplexity, elected to Lazard's Board effective Sept 2, 2025.
Lazard Group completes tender offer for $203M of 3.625% Senior Notes due 2027
Total $202,944,000 aggregate principal amount of Notes validly tendered and accepted.
Lazard Group closes $300M 5.625% notes due 2035; launches tender for 2027 notes
Issued $300M aggregate principal of 5.625% Senior Notes due 2035 (CUSIP 52107QAH8).
Lazard Group launches senior notes offering and tender offer for $300M 3.625% notes due 2027
Lazard Group offers new senior notes (fully guaranteed by Lazard, Inc.) and tenders for all $300M of its 3.625% Notes due March 1, 2027.
Lazard Q2 2025 net revenue $796M; Financial Advisory record adjusted net revenue up 20% YoY
Net revenue Q2 2025: $796M GAAP, $770M adjusted. Net income $55M, EPS $0.52 diluted (GAAP & adjusted).
Lazard shareholders elect directors, approve executive compensation and auditor ratification
Peter Harrison re-elected with 76,122,916 votes for; Dan Schulman re-elected with 70,357,657 votes for.
Lazard Q1 GAAP revenue $648M (-15% YoY); adj. EPS $0.56, down 15% YoY
Financial Advisory revenue $367M (-19% YoY); Asset Management revenue $288M (-2%).
Lazard appoints former Schroders CEO Peter Harrison to board
Peter Harrison, former Group CEO of Schroders (2016-2024), joins Lazard board effective March 3, 2025.
Lazard FY2024 adjusted revenue +18% to $2.89B; adj EPS $2.34 vs $0.77; Q4 adj EPS $0.78
Financial Advisory adjusted net revenue +28% to $1,731M in 2024 on higher M&A volume.
Lazard completes consent solicitation, amends indenture and guarantees $1.7B senior notes
Lazard obtained required consents to amend reporting covenant on four series of senior notes totaling $1.7B.
Richard Parsons resigned from Lazard's Board effective Dec 3, 2024 for health reasons.
Lazard names Peter Orszag Chairman, Ken Jacobs Senior Chairman, Dan Schulman Lead Director
Peter Orszag appointed Chairman of the Board effective Jan 1, 2025; continues as CEO.
Lazard Q3 2024 adjusted EPS $0.38, revenue up 21% YoY on Advisory strength
Total adjusted net revenue $646M (+21% YoY); Financial Advisory up 41% to $369M.
Lazard Q2 adjusted EPS $0.52 vs $0.24 YoY; Financial Advisory record first-half revenue
Q2 net revenue $685M (+7% YoY); GAAP net income $50M ($0.49 EPS) vs loss of $124M a year ago.
2018 Incentive Comp Plan Amendment approved: 41.0M for, 24.7M against, 1.1M abstain, 14.4M broker non-votes.
Lazard Q1 2024: record adjusted net revenue; EPS $0.66 vs $0.26 loss YoY
GAAP net revenue $765M (+41% YoY); adjusted net revenue $747M (+42% YoY).
Lazard announces $235.7M tender of its 3.750% Senior Notes due 2025
$235,653,000 aggregate principal of 3.750% Senior Notes due 2025 validly tendered and accepted.
Lazard Group completes $400M 6% senior notes due 2031, tender for 2025 notes
Lazard Group issued $400M of 6.000% Senior Notes due 2031, closing March 12, 2024.
Lazard Group LLC launches senior notes offering and tender for $400M 3.75% notes due 2025
Concurrent cash tender offer for all $400M outstanding 3.750% Senior Notes due Feb 2025.
Lazard Q4 net revenue $806M, EPS $0.65; full-year net loss $75M; board adds Schulman, Howe
Q4 GAAP net income $64M ($0.65 diluted EPS); adjusted net income $65M ($0.66). YoY revenue +13%.
Lazard completes conversion to Delaware C-Corp, renamed Lazard, Inc., effective Jan 1, 2024
Effective Jan 1, 2024, Lazard Ltd domesticated from Bermuda to Delaware and renamed Lazard, Inc.
Lazard Q3 adjusted EPS $0.10, revenue down 27% YoY; plans C-corp conversion
Adjusted net income $10M ($0.10/diluted); GAAP net income $7M ($0.06).
Lazard appoints Michael Gathy as Chief Accounting Officer effective immediately
Gathy joins from Morgan Stanley where he was Global Head of Investment Management Controllership.
Lazard appoints Alexandra Soto, 54, as COO; posts letter on long-term revenue and TSR goals
Alexandra Soto, 54, appointed Chief Operating Officer of Lazard Ltd and Lazard Group LLC, effective September 14, 2023.
PRPU grants to Orszag ($18.8M) and Russo ($15.1M) vest upon stock price milestones: +25% (3yr), +50% (5yr), +100% (7yr).
Lazard Q2 revenue falls 8% to $620M; GAAP net loss $124M; adjusted EPS $0.24, down 74%
Q2 operating revenue $620M (-8% YoY); Financial Advisory $344M (-15%), Asset Management $267M (+1%)
Lazard Group enters $200M credit facility; CFO Betsch adds principal accounting officer role
Lazard Group entered a $200M senior revolving credit facility, replacing existing facility, maturing in five years.
Lazard appoints Peter Orszag as CEO effective Oct 1, 2023; Jacobs becomes Executive Chairman
Peter R. Orszag, currently CEO of Financial Advisory, elected CEO and board director, effective October 1, 2023.
Lazard shareholders re-elect directors, approve advisory compensation vote at AGM
Re-elected directors Kenneth M. Jacobs, Michelle Jarrard, Iris Knobloch to three-year terms.
Lazard Q1 2023: operating revenue $527M (-25% YoY), net loss $0.27/sh
GAAP net loss $22M ($0.27 diluted EPS) vs. profit $114M ($1.05) in Q1 2022.
Director William M. Lewis Jr. resigns from Lazard Board effective March 13, 2023
William M. Lewis, Jr. resigned from Lazard Ltd's Board of Directors on March 13, 2023.
Lazard reports full year 2022 and Q4 2022 results; no specific figures provided in filing
Press release issued Feb 2, 2023 covering FY2022 and Q4 2022 financial results.
Lazard reports Q3 2022 results; press release issued October 27, 2022
Announced financial results for third quarter ended September 30, 2022.
Lazard names Mary Ann Betsch CFO effective Oct 3; base salary $750K
Mary Ann Betsch appointed CFO effective Oct 3, 2022, succeeding Evan L. Russo.
Lazard shareholders elect three directors, approve executive compensation, ratify Deloitte & Touche
Elected Richard N. Haass (75.9M for), Jane L. Mendillo (76.0M for), Richard D. Parsons (70.9M for) to three-year terms.
Lazard Q1 2022 adjusted EPS $1.05, revenue $699M; Financial Advisory up 22%
Adjusted diluted EPS $1.05 vs $0.87 YoY (+21%); GAAP EPS $1.05; adjusted net income $115M.
Lazard Q1 GAAP EPS $1.05, up 40% YoY; revenue $699M, +8%
GAAP net income $114M ($1.05 diluted EPS) vs $87M ($0.75) in Q1 2021.
Lazard extends retention agreements for Jacobs, Russo, Orszag to 2025; Bhutani and Stern to retire
Jacobs, Russo, Orszag get extended retention agreements through March 31, 2025, with change-in-control extension.
Lazard reports record annual revenue $3,139M and adjusted EPS $5.04; Q4 adjusted EPS $1.92
Full-year 2021 adjusted net income $576M ($5.04 diluted EPS); GAAP net income $528M ($4.63 EPS).
Lazard Q3 2021: record operating revenue $702M, adjusted EPS $0.98, GAAP EPS $0.94
Third-quarter operating revenue $702M (record), up 23% YoY from $569M.
the Board elected Peter Harrison to join the Board, effective immediately.
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.
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.
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.
the Board elected Dan Schulman and Stephen R. Howe Jr. to join the Board, effective February 1, 2024.
the Board elected Dan Schulman and Stephen R. Howe Jr. to join the Board, effective February 1, 2024.
On October 9, 2023, Lazard Ltd (the “ Company ”) announced the appointment of Michael Gathy, 42, as Chief Accounting Officer of the Company and Lazard Group LLC (“ Group ”), effective immediately.
On September 14, 2023, Lazard Ltd (the “ Company ”) announced the appointment of Alexandra Soto, 54, as Chief Operating Officer of the Company and Lazard Group LLC, effective immediately.
Ms. Betsch replaces Dominick Ragone, who ceased to be Ltd’s and Lazard Group’s Chief Accounting Officer on May 31, 2023.
On May 31, 2023, Mary Ann Betsch, the Chief Financial Officer of Lazard Ltd (“Ltd”) and Lazard Group, assumed the responsibilities of principal accounting officer of Ltd and Lazard Group.
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.
On March 13, 2023, William M. Lewis, Jr. notified Lazard Ltd (the “Company”) of his resignation from the Company’s Board of Directors, effective immediately.
Max materiality 0.85 · Median 0.60 · Most common event earnings