Peter Harrison
the Board elected Peter Harrison to join the Board, effective immediately.
Highest-materiality recent filing
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 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 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 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 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.
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).
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.
Max materiality 0.85 · Median 0.60 · Most common event earnings