Lazard, Inc.
Close on Oct 19, 2026
- Market cap
- $3.80B
- P/E (TTM)
- 14.1
- Dividend yield
- 5.62%
About Lazard
Investment Advice, SIC 6282
Lazard is a financial advisory and asset management firm that serves corporations, governments, financial institutions, partnerships, family offices, and high-net-worth individuals. The company operates through two core business segments: Financial Advisory and Asset Management. Its advisory segment assists clients with mergers and acquisitions, sovereign debt, corporate restructuring, liability management, capital solutions, shareholder advisory, and geopolitical matters. Its asset management segment provides active equity, fixed income, alternative investment strategies, and asset allocation services.
The firm maintains global operations across North America, South America, Europe, the Middle East, Asia, and Australia. As of late 2025, Lazard employs over 3,300 full-time personnel, with major offices located in New York, London, and Paris, alongside dozens of regional offices across major commercial centers. The provided text details extensive operations and historic offices in New York, Paris, and London, but does not explicitly name a single global headquarters city.
Summary of the business section of Lazard's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Lazard, Inc.
- Founded
- 1848
- Headquarters
- New York, NY
- Address
- 30 Rockefeller Plaza 10112
- Phone
- (212) 632-6000
- Website
- lazard.com
- Employees
- 3,309, Dec 31, 2025
- Industry
- Investment Advice
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, New York, New York USA
Stock & identifiers
- Ticker
- LAZ
- Exchange
- NYSE
- Shares outstanding
- 111M, Jul 17, 2026
- Public float
- $4.50B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1311370
- CUSIP
- 52110M109
- ISIN
- US52110M1099
- LEI
- 254900RIBCDJSUFG1A11
- EIN
- 98-0437848
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Peter Richard Orszag | CEO & Chairman, Director | 334,683 |
| Kenneth M. Jacobs | Executive Chairman, Director | 4,457,948 |
| Michael Gathy | Chief Accounting Officer | 1,438 |
| Tracy Farr | Chief Financial Officer | 5,903 |
| Christopher Hogbin | CEO Asset Management | 11,829 |
| Alexandra Soto | Chief Operating Officer | 249,032 |
| Evan L. Russo | CEO of Asset Management | 544,496 |
| Mary Ann Betsch | Chief Financial Officer | 0 |
| Stephen R. Howe Jr. | Director | – |
| Kathy Elsesser | Director | – |
| Dmitry Shevelenko | Director | – |
| Andrew M. Alper | Director | 0 |
| Michelle Jarrard | Director | 0 |
| Peter Harrison | Director | – |
| Daniel H. Schulman | Director | – |
| Iris Knobloch | Director | 0 |
| Ann-Kristin Achleitner | Director | 0 |
| Jane L. Mendillo | Director | 1,400 |
| Richard D. Parsons | Director | 0 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Peter R.Orszag | $13.72M | $10.07M | $8.83M | $147 | $203 |
| FY2024 Kenneth MJacobs | $0 | $0 | $7.00M | $149 | $176 |
| FY2024 Peter R.Orszag | $11.40M | $62.22M | $7.00M | $149 | $176 |
| FY2024 Peter ROrszag | $11.40M | $62.22M | $7.00M | $149 | $176 |
| FY2023 Kenneth M.Jacobs | $10.88M | $11.85M | $12.11M | $96 | $135 |
| FY2023 Kenneth MJacobs | $10.88M | $11.85M | $12.11M | $96 | $135 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed 3,309 full-time people.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Nov 29, 2023 | Name change | Name changed from Lazard Ltd to Lazard, Inc. |
| Nov 13, 2023 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Sep 26, 2008 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 16, 2008 | Delisting | Notice of delisting from exchange (Form 25) |
| Dec 9, 2005 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| May 2, 2005 | Listing | Registration of securities on an exchange (Form 8-A) |