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Lazard Picks Wasserstein Successor

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A month after Bruce Wasserstein's sudden death, Lazard has a new CEO. Kenneth Jacobs, the head of the legendary investment bank's North American business, has been named to succeed Wasserstein.
Jacobs was the unanimous selection of Lazard's board.
In addition to Jacob's appointment, Lazard added another potential CEO candidate, Gary Parr, to its board of directors and named him vice chairman. Ashish Bhutani was also tapped as a vice chair, while Steven Heyer was named to the new post of lead director.
Antonio Weiss was appointed global head of investment banking.
Jacobs Named Lazard CEO [WSJ]
Lazard Names Jacobs as Its New Chief [NYT]


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