Lazard appointed Kathy Elsesser to its Board effective July 7, 2026, and she will chair the Compensation Committee following Andrew M. Alper's retirement from the Board effective July 7, 2026.

IndividualAndrew M. AlperKathy ElsesserRoleMember of the Board; Chair, Compensation Committee; Member, Audit CommitteeMember of the Board; Member, Compensation Committee (will serve as Chair upon Alper's retirement)Type of ChangeRetired from the Board and all committeesAppointed to the Board and Compensation CommitteeEffective DateJuly 7, 2026July 7, 2026ReasonRetirement; not due to any disagreement with the Company on operations, policies or practicesNot disclosedReplacement InfoMs. Elsesser will serve as Chair of the Compensation Committee upon his retirementN/ABackground DetailsNot disclosedWill receive standard non-employee director compensation per the Company's directors' compensation program (see proxy)Board/Committee Role ChangesVacates Chair of Compensation Committee and membership on Audit CommitteeAppointed Chair of the Compensation Committee upon effective date

Original SEC Filing:

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