Lazard Ltd (NYSE:LAZ) Files An 8-K Results of Operations and Financial ConditionItem 2.02
On July27, 2017, Lazard Ltd (the “Company”) issued a press release announcing financial results for its second quarter ended June30, 2017. A copy of the Company’s press release containing this information is being furnished as Exhibit 99.1 to this Report on Form 8-K and is incorporated herein by reference.
The information furnished to this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.
Item 2.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On July26, 2017, the Company announced that, effective October1, 2017, Evan Russo, age 42, Managing Director and Co-Head of the Company’s Capital Markets and Capital Structure Advisory practice, will become Chief Financial Officer of the Company and Lazard Group LLC (“Lazard Group”). Effective October1, 2017, Matthieu Bucaille, who has served as Chief Financial Officer of the Company and Lazard Group since 2011, will become Chief Executive Officer of Lazard International and Chief Executive Officer of Compagnie Financière Lazard Frères and Lazard Frères Banque in Paris.
Scott D. Hoffman, General Counsel of the Company and Lazard Group, has been appointed Chief Administrative Officer of the Company and Lazard Group, effective July26, 2017. Mr.Hoffman will continue to serve as General Counsel and Secretary of the Company and Lazard Group.
A copy of the Company’s press release announcing this information is attached as Exhibit 99.2 to this Report on Form 8-K and is incorporated herein by reference.
Item 2.02 | Financial Statements and Exhibits |
(d)Exhibits.
Exhibit Number |
Description of Exhibit |
99.1 | Press Release issued on July27, 2017. |
99.2 | Press Release issued on July26, 2017. |
Lazard Ltd ExhibitEX-99.1 2 d417469dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 LAZARD LTD REPORTS SECOND-QUARTER AND FIRST-HALF 2017 RESULTS Record quarterly and first-half operating revenue for both businesses Record assets under management (AUM) of $226 billion Returned $493 million of capital to shareholders in first half of year NEW YORK,…To view the full exhibit click here
About Lazard Ltd (NYSE:LAZ)
Lazard Ltd (Lazard) is a financial advisory and asset management company. The Company operates in two business segments: Financial Advisory and Asset Management. The Financial Advisory business segment offers corporate, partnership, institutional, government, sovereign and individual clients a range of financial advisory services regarding mergers and acquisitions (M&A) and other strategic matters, restructurings, capital structure, capital raising and various other financial matters. Its Asset Management business segment offers a range of investment solutions and investment management services in equity and fixed income strategies, alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries and private clients. It operates from approximately 40 cities in key business and financial centers over 25 countries.