LAZ · Lazard, Inc. · Executive Compensation

$36.67 +1.06 (+2.98%)

S&P 600 member Russell 1000 member Rebalance outlook locked

Market Cap

$3.98B

111.69M

Volume · Oct 20 1.47M Avg daily vol (3M) 1.68M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kenneth Jacobs	CEO	$900,000	—	$9,750,997	—	—	$237,563	$10,888,560
Kenneth M. Jacobs	Chairman and Chief Executive Officer	$900,000	—	$9,750,997	—	—	$237,563	$10,888,560
Peter R. Orszag	Chief Executive Officer of Lazard Financial Advisory	$750,000	$1,250,000	$7,651,441	—	—	$75,574	$9,727,015
Peter Orszag	CEO	$750,000	$1,250,000	$7,651,441	—	—	$75,574	$9,727,015
Ashish Bhutani	Chief Executive Officer of Lazard Asset Management (until June 1, 2022)	$750,000	$1,850,000	$5,414,311	—	—	$146,434	$8,160,744
Alexander F. Stern	President	$750,000	—	$5,703,395	—	—	$146,303	$6,599,697
Mary Ann Betsch	Chief Financial Officer (effective October 3, 2022)	$187,500	$1,100,000	—	—	—	$5,110	$1,292,610

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kenneth Jacobs	CEO	$900,000	$3,075,000	$7,676,604	—	—	$125,727	$11,777,331
Kenneth M. Jacobs	Chairman and Chief Executive Officer	$900,000	$3,075,000	$7,676,604	—	—	$125,727	$11,777,331
Ashish Bhutani	Chief Executive Officer of Lazard Asset Management (until June 1, 2022)	$750,000	$4,400,000	$4,551,135	—	—	$74,469	$9,775,604
Peter Orszag	CEO	$750,000	$4,350,000	$3,362,473	—	—	$58,583	$8,521,056
Peter R. Orszag	Chief Executive Officer of Lazard Financial Advisory	$750,000	$4,350,000	$3,362,473	—	—	$58,583	$8,521,056
Alexander F. Stern	President	$750,000	$1,575,000	$4,797,901	—	—	$70,452	$7,193,353
Evan L. Russo	Chief Financial Officer	$750,000	$1,320,000	$4,030,231	—	—	$74,209	$6,174,440

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kenneth M. Jacobs	Chairman and Chief Executive Officer	$900,000	$2,100,000	$6,930,509	—	—	$97,061	$10,038,325
Kenneth Jacobs	CEO	$900,000	$2,100,000	$6,930,509	—	—	$97,061	$10,038,325
Ashish Bhutani	Chief Executive Officer of Lazard Asset Management (until June 1, 2022)	$750,000	$3,400,000	$4,232,557	—	—	$56,347	$8,438,903
Peter R. Orszag	Chief Executive Officer of Lazard Financial Advisory	$750,000	$4,038,314	$3,376,402	—	—	$49,498	$8,214,213
Peter Orszag	CEO	$750,000	$4,038,314	$3,376,402	—	—	$49,498	$8,214,213
Alexander F. Stern	President	$750,000	$1,125,000	$4,504,822	—	—	$49,735	$6,453,984
Evan L. Russo	Chief Financial Officer	$750,000	$825,000	$2,888,556	—	—	$60,899	$4,524,455

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kenneth Jacobs	CEO	$900,000	$2,100,000	$7,407,930	—	—	$87,960	$10,509,587
Kenneth M. Jacobs	Chairman and Chief Executive Officer	$900,000	$2,100,000	$7,407,930	—	—	$87,960	$10,509,587
Ashish Bhutani	Chief Executive Officer of LazardAsset Management	$750,000	$3,525,000	$4,732,151	—	—	$48,105	$9,055,256
Alexander F. Stern	President	$750,000	$1,200,000	$4,794,069	—	—	$48,034	$6,820,366
Evan L. Russo	Chief Financial Officer	$750,000	$732,500	$2,366,076	—	—	$51,039	$3,899,615

Executive changes

Person	Role	Change	Effective	Filed
Tracy Farr	principal accounting officer	Appointed	2026-12-11	2026-10-13
Michael Gathy	Chief Accounting Officer and principal accounting officer	Resigned	2026-12-11	2026-10-13
Kathy Elsesser	Board of Directors	Appointed	2026-07-07	2026-07-07
Andrew M. Alper	member of the Board of Directors	Retired	2026-07-07	2026-07-07
Tracy Farr	Chief Financial Officer	Appointed	2026-02-01	2026-02-02
Christopher Hogbin	Managing Director and Chief Executive Officer of Lazard's asset management business	Appointed	2026-01-30	2025-09-08
Evan L. Russo	Senior Advisor to the Chief Executive Officer of the Company	Appointed	2025-12-01	2025-09-08
Dmitry Shevelenko	Board of Directors	Appointed	2025-09-02	2025-09-02
Peter Harrison	Board of Directors	Appointed	2025-03-03	2025-03-03
Dan Schulman	Lead Independent Director	Appointed	2024-12-03	2024-12-04
Richard D. Parsons	Board of Directors	Resigned	2024-12-03	2024-12-04
Dan Schulman	Lead Independent Director	Appointed	2025-01-01	2024-11-25
Peter R. Orszag	Chairman of the Board of Directors	Appointed	2025-01-01	2024-11-25
Stephen R. Howe Jr.	Member of the Board of Directors	Appointed	2024-02-01	2024-02-01
Dan Schulman	Member of the Board of Directors	Appointed	2024-02-01	2024-02-01
Michael Gathy	Chief Accounting Officer	Appointed	—	2023-10-10
Alexandra Soto	Chief Operating Officer	Appointed	2023-09-14	2023-09-14
Richard N. Haass	Board of Directors	Resigned	2023-08-24	2023-08-25
Dominick Ragone	Chief Accounting Officer	Terminated	2023-05-31	2023-06-06
Mary Ann Betsch	principal accounting officer	Appointed	2023-05-31	2023-06-06
Kenneth M. Jacobs	Executive Chairman of the Board of Directors of the Company	Appointed	2023-10-01	2023-05-26
Peter R. Orszag	member of the Board of Directors of the Company	Appointed	2023-10-01	2023-05-26
Peter R. Orszag	Chief Executive Officer of the Company and Lazard Group	Appointed	2023-10-01	2023-05-26
William M. Lewis, Jr.	Board of Directors	Resigned	2023-03-13	2023-03-16
Mary Ann Betsch	Chief Financial Officer	Appointed	2022-10-03	2022-07-28

Leadership

Ashish Bhutani CEO, Board Member
Evan L. Russo CEO, CFO
Kenneth M. Jacobs CEO, Chairman
Peter R. Orszag CEO, Chairman, Board Member
Mary Ann Betsch CFO, Chief Accounting Officer
Alexandra Soto COO
Tracy Farr Chief Accounting Officer
Ann-Kristin Achleitner Board Member
Dan Schulman Board Member
Dmitry Shevelenko Board Member
Iris Knobloch Board Member
Kathy Elsesser Board Member
Peter Harrison Board Member
Stephen R. Howe Jr. Board Member

Key facts CIK 1311370 CUSIP 52110M109 13F (30d) 45 filings 42 filers Visit website Investor relations