Skip to content

Lazard CEO Ken Jacobs Anticipated to Step Down, Successor Identified

The current Chief Executive Officer of Lazard Ltd (NYSE: LAZ), Ken Jacobs, is projected to resign from his executive position. An inside source confirmed on Thursday that Peter Orszag, presently heading the bank's advisory unit, will likely assume the role upon Jacobs' departure.

Lazard logo
Lazard logo

Lazard Succession Plan Confirmed by Lead Director Richard Parsons

In a recent statement to Reuters, Lazard's lead director, Richard Parsons (NYSE: PSN), affirmed the existence of a well-established succession plan but chose not to disclose its details. "We have a succession plan that we have had in place for quite some time, and our plan is on track," he conveyed.