Lazard names Wasserstein successor

clock

Lazard has appointed its North America chief Kenneth Jacobs as its new group chairman and CEO, succeeding Bruce Wasserstein who passed away last month.

The Lazard board unanimously selected Jacobs to lead the group, citing his strong track record of client focus, business growth, and operational skill. Steven Golub, who recently served as interim CEO, will continue as vice chairman of Lazard and chairman of its financial advisory group. "Bruce Wasserstein was an extraordinary leader for the firm and an iconic figure for the industry. We are grateful for all that he accomplished, particularly over the past five years since Lazard's IPO," the Lazard board says. "Lazard now has the strongest depth and breadth of talent, globally, tha...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

REGISTER NOW TO WATCH: Investment Talks 2025: Optimism, disruption, and Trump 2.0

REGISTER NOW TO WATCH: Investment Talks 2025: Optimism, disruption, and Trump 2.0

Join our online event on the 23rd January

Hardeep Tawakley
clock 21 January 2025 • 1 min read
Partner Insight: Active continues to outperform passive

Partner Insight: Active continues to outperform passive

Active bond managers have historically given investors an advantage over their passive peers

Sarka Halas
clock 21 January 2025 • 2 min read
Partner Insight: Key themes for Real Estate in 2025

Partner Insight: Key themes for Real Estate in 2025

Riding the real estate recovery

Nuveen
clock 21 January 2025 • 1 min read
Trustpilot