LAZARD INC (LAZ)
Sector: Financials
Sector: Financials
LAZARD INC - Executive Compensation
Chief Executive Officer
Executive Compensation
Peter R. Orszag is the Chief Executive Officer of Lazard Inc., a position he has held since 2019. Born on December 16, 1968, Orszag has built an impressive career in both the public and private sectors. He holds a Ph.D. in economics from the London School of Economics and a bachelor's degree from Princeton University. Before joining Lazard, Orszag served as the Director of the Office of Management and Budget under President Barack Obama from 2009 to 2010. His tenure at the White House was marked by his efforts to manage the federal budget during a challenging economic period, and he played a key role in the implementation of the American Recovery and Reinvestment Act of 2009. Prior to his government service, Orszag was a director at the Congressional Budget Office (CBO) from 2007 to 2008, where he was known for his nonpartisan and rigorous analysis of fiscal policy. His work at the CBO earned him widespread respect across the political spectrum. After leaving the Obama administration, Orszag joined Citigroup as a vice chairman, where he advised clients on economic and policy matters. His transition to the private sector showcased his versatility and deep understanding of the intersection between policy and finance. As CEO of Lazard, Orszag has been instrumental in steering the firm through a period of growth and transformation. Under his leadership, Lazard has focused on expanding its financial advisory and asset management businesses globally. Orszag's strategic vision and strong leadership have been pivotal in enhancing Lazard's reputation as a leading independent investment bank. His ability to leverage his extensive experience in both public policy and finance has been a significant asset to the firm, helping to drive innovation and client satisfaction.