Lazard Appoints Dan Schulman and Stephen R. Howe Jr. to Its Board of Directors
30 Janeiro 2024 - 6:15PM
Business Wire
Lazard, Inc. (NYSE: LAZ) today announced former PayPal CEO, Dan
Schulman, and former US Chairman and Managing Partner of the
Americas for Ernst & Young, Stephen R. Howe Jr., have been
appointed to its Board of Directors, effective February 1,
2024.
“We are thrilled that Dan and Steve are joining our Board of
Directors,” said Peter R. Orszag, Chief Executive Officer and
Director, Lazard. “They are world-class leaders and emblematic of
the extraordinary professionals we attract at Lazard. Dan’s
experience successfully leading and transforming public companies,
and Steve’s deep financial expertise and network working with the
world’s largest businesses, will be extremely beneficial as we
pursue our future ambitions for the firm.”
“We are pleased to welcome Dan and Steve to Lazard’s Board of
Directors,” said Richard D. Parsons, Lead Independent Director of
Lazard’s Board. “The expansion of our Board, along with the
addition of these two outstanding individuals as members, reflects
our focus on building and strengthening Lazard for future
growth.”
Dan Schulman is an accomplished executive and board member, who,
in his most recent role as the CEO of PayPal, led its
transformation to revolutionize how people move and manage money.
He currently serves on the boards of Cisco Systems and Verizon
Communications. Prior management roles include Group President at
American Express, President at Sprint Nextel Corporation, founding
CEO of Virgin Mobile USA, and President and CEO of Priceline Group.
Mr. Schulman also spent 18 years at AT&T, where he held a
series of positions including President of the Consumer Markets
Division. He serves on the boards of the Council on Foreign
Relations and Cleveland Clinic, and as Vice-Chair of the Economic
Club of New York. He holds a B.A. from Middlebury College and an
M.B.A. from New York University.
“I am pleased to join Lazard’s Board of Directors during this
exciting time in the firm’s evolution and growth. Peter has charted
an aspirational course ahead, and I look forward to helping guide
and advise the organization as it embarks on its next chapter,”
said Mr. Schulman.
Stephen R. Howe Jr. is a widely respected executive, board
member, and financial services, audit, and corporate governance
expert. He spent 35 years at Ernst & Young, where in his most
recent role as US Chairman, member of the Global Executive Board,
and Managing Partner for the Americas, he led the firm to
double-digit annual growth from 2012 through 2018. Prior roles at
the firm include leading the Financial Services sector practice and
overseeing client service teams for global financial institutions.
Mr. Howe currently serves on the board of Royal Caribbean. He is a
member of the Board of Trustees of Carnegie Hall, the Board of the
Peterson Institute for International Economics, and the Board of
the Liberty Science Center. He holds a B.A. from Colgate University
and an M.B.A. from New York University.
“Lazard serves an important role in the financial services
landscape, and it is an honor to serve as a member of its Board of
Directors. I look forward to working with Peter and fellow
Directors, and leveraging my experience on behalf of the firm,”
said Mr. Howe.
About Lazard
Founded in 1848, Lazard is one of the world's preeminent
financial advisory and asset management firms, with operations in
North and South America, Europe, the Middle East, Asia, and
Australia. Lazard provides advice on mergers and acquisitions,
capital markets and capital solutions, restructuring and liability
management, geopolitics, and other strategic matters, as well as
asset management and investment solutions to institutions,
corporations, governments, partnerships, family offices, and high
net worth individuals. For more information, please visit
www.lazard.com.
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Media Relations
Shannon Houston, +1 212-632-6880 shannon.houston@lazard.com
Jessica Francisco, +1 212-632-6571
jessica.francisco@lazard.com
Investor Relations
Alexandra Deignan, +1 212-632-6886
alexandra.deignan@lazard.com
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