Lazard Management
Management criteria checks 3/4
Lazard's CEO is Peter Orszag, appointed in Oct 2023, has a tenure of 1.25 years. total yearly compensation is $30.83M, comprised of 2.6% salary and 97.4% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth $5.93M. The average tenure of the management team and the board of directors is 2.3 years and 3.8 years respectively.
Key information
Peter Orszag
Chief executive officer
US$30.8m
Total compensation
| CEO salary percentage | 2.6% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 2.3yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$251m |
| Jun 30 2024 | n/a | n/a | US$152m |
| Mar 31 2024 | n/a | n/a | -US$22m |
| Dec 31 2023 | US$31m | US$788k | -US$80m |
| Sep 30 2023 | n/a | n/a | -US$101m |
| Jun 30 2023 | n/a | n/a | -US$3m |
| Mar 31 2023 | n/a | n/a | US$216m |
| Dec 31 2022 | US$10m | US$750k | US$352m |
| Sep 30 2022 | n/a | n/a | US$517m |
| Jun 30 2022 | n/a | n/a | US$518m |
| Mar 31 2022 | n/a | n/a | US$546m |
| Dec 31 2021 | US$9m | US$750k | US$519m |
| Sep 30 2021 | n/a | n/a | US$499m |
| Jun 30 2021 | n/a | n/a | US$467m |
| Mar 31 2021 | n/a | n/a | US$418m |
| Dec 31 2020 | US$8m | US$750k | US$395m |
Compensation vs Market: Peter's total compensation ($USD30.83M) is above average for companies of similar size in the UK market ($USD3.03M).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
CEO
Peter Orszag (54 yo)
1.3yrs
Tenure
US$30,834,841
Compensation
= Future Bio Future Bio - Dr. Peter R. Orszag is the Chairman of the Board of Lazard, Inc. since January 1, 2025. He is Chief Executive Officer and Director of Lazard, Inc and Lazard Group LLC since Octobe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 1.3yrs | US$30.83m | 0.13% $ 5.9m | |
| Chief Financial Officer | 2.3yrs | US$2.65m | no data | |
| Chief Operating Officer | 1.3yrs | US$5.64m | 0.16% $ 7.1m | |
| Chief Executive Officer of Asset Management | 2.3yrs | US$25.14m | 0.34% $ 15.4m | |
| President | 1.8yrs | no data | no data | |
| MD & Chief Accounting Officer | 1.3yrs | no data | no data | |
| Managing Director | 14.3yrs | no data | no data | |
| Head of Treasury | 7.1yrs | no data | no data | |
| General Counsel | 1.3yrs | no data | no data | |
| Global Head of Communications & Marketing | no data | no data | no data | |
| Vice Chairman of U.S. Investment Banking & Head of Global Restructuring | 9yrs | no data | no data | |
| Global Head of M&A | 5.7yrs | no data | no data |
2.3yrs
Average Tenure
54yo
Average Age
Experienced Management: 0UB6's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 1.3yrs | US$30.83m | 0.13% $ 5.9m | |
| Lead Independent Director | less than a year | no data | no data | |
| Independent Director | 3.8yrs | US$315.01k | no data | |
| Independent Director | 6.8yrs | US$315.01k | no data | |
| Independent Director | 12.3yrs | US$320.09k | no data | |
| Senior Chairman | less than a year | US$10.88m | 1.91% $ 86.4m | |
| Independent Director | 8.8yrs | US$315.07k | 0.0015% $ 70.1k | |
| Director | less than a year | no data | no data | |
| Independent Director | 8yrs | US$314.00k | no data |
3.8yrs
Average Tenure
62yo
Average Age
Experienced Board: 0UB6's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 05:58 |
| End of Day Share Price | 2025/01/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lazard, Inc. is covered by 24 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Biggar | Argus Research Company |
| Michael Needham | BofA Global Research |
| James Mitchell | Buckingham Research Group Inc. |