Lazard Ltd (LAZ)

40.85 -0.31 (-0.75%) At close: 04:00PM EST

Lazard Ltd

Clarendon House
2 Church Street
Hamilton HM11
Bermuda

https://www.lazard.com

Sector(s): Financial Services
Industry: Capital Markets
Full-time employees: 3,269

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Kenneth Marc Jacobs	Chairman & CEO	4.1M	N/A	1959
Mr. Alexander Franz Stern	Pres	2.4M	N/A	1966
Mr. Peter R. Orszag	Chief Exec. Officer of Financial Advisory	5.16M	N/A	1969
Mr. Evan Lawrence Russo J.D.	CEO of Asset Management	2.14M	N/A	1975
Ms. Mary Ann Betsch	Chief Financial Officer	N/A	N/A	N/A
Mr. Dominick J. Ragone III	Chief Accounting Officer	N/A	N/A	1962
Mr. Pierre Tattevin	Managing Director	N/A	N/A	1957
Mr. Paul J. Haigney	Vice Chairman of US Investment Banking & Chairman of Technology	N/A	N/A	N/A
Mr. Scott D. Hoffman Esq.	Chief Admin. Officer, Gen. Counsel & Sec.	N/A	N/A	1963
Ms. Alexandra M. Deignan	Head of Investor Relations	N/A	N/A	N/A

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions, restructurings, capital advisory, shareholder advisory, capital raising, sovereign advisory, and other strategic advisory matters. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients across various industry areas, including consumers, financial institutions, healthcare and life sciences, industrials, power and energy/infrastructure, and real estate, as well as technology, telecommunication, and media and entertainment. The Asset Management segment offers a range of investment solutions, and investment and wealth management services in equity and fixed income strategies; asset allocation strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. The company was founded in 1848 and is based in Hamilton, Bermuda.

Corporate governance

Lazard Ltd’s ISS governance QualityScore as of 1 October 2022 is 4. The pillar scores are Audit: 6; Board: 3; Shareholder rights: 5; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.