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LAZ / Lazard Looks to Orszag as CEO Jacobs Plans to Step Down

Lazard Ltd. Chief Executive Officer Ken Jacobs plans to step aside from the investment bank's top job and be succeeded as CEO by Peter Orszag amid a slump in dealmaking and a plunge in the company's stock price. Read More

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Jacobs

Plans

Step

Down

Stock

LAZ

Posted: May 19 2023, 06:09

Author Name: Bloomberg Markets and Finance

LAZ News

By Zacks Investment Research
October 27, 2023

Lazard (LAZ) Q3 Earnings & Revenues Miss, Expenses Dip Y/Y

Lazard's (LAZ) Q3 results were hurt by a decline in revenues and the AUM balance.

By Zacks Investment Research
October 26, 2023

Lazard (LAZ) Lags Q3 Earnings and Revenue Estimates

Lazard (LAZ) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings o

By Seeking Alpha
October 23, 2023

Lazard: A Cheap Stock Lacking A Catalyst

Value stocks play an important role in a diversified portfolio and are especially important during a high interest rate environment. Finding low valua

By Business Wire
October 12, 2023

Lazard to Announce Third-Quarter and Nine-Month 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) will announce its third-quarter and nine-month 2023 financial results in a press release to be issue

By CNBC Television
October 2, 2023

Lazard CEO Peter Orszag: Bigger headwind has been uncertainty over rate path as opposed to level

Peter Orszag, Lazard CEO and former OMB director under President Obama, joins 'Squawk Box' to discuss his new role leading Lazard, the state of the go

By CNBC Television
September 28, 2023

Lazard's McGuire: AI supercomputing will increase demand on the power grid

Raymond McGuire, Lazard president, and Dina Powell McCormick, BDT & MSD Partners vice chairman, join CNBC's Delivering Alpha 2023 to discuss geopoliti

By Zacks Investment Research
September 14, 2023

Lazard's (LAZ) August AUM Falls 2.9% on Challenging Markets

Lazard's (LAZ) August AUM declines 2.9% to $237.3 billion due to a challenging market backdrop.

By WSJ
September 14, 2023

Lazard's New Boss Lays Out Strategy

Peter Orszag, who will take over as CEO next month, aims to double the firm's revenue by 2030 and hit average total shareholder returns of 10% to 15%

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