This is a routine governance change with no immediate trading implications. Monitor for any strategic updates tied to Lazard's 'Lazard 2030' plan, but the board refresh is neutral.
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Executive Summary
Lazard announced the retirement of board member Andrew M. Alper after 13 years and the appointment of Kathy Elsesser, a former Goldman Sachs partner and current TPG board member, to its Board of Directors. Ms. Elsesser will chair the Compensation Committee. The change is part of routine board succession planning with no disagreement or material financial impact.
Key Facts
- Andrew M. Alper retired from the Board effective July 7, 2026, after 13 years of service; no disagreement with the company.
- Kathy Elsesser was elected to the Board effective July 7, 2026, and appointed to the Compensation Committee, serving as Chair.
- Ms. Elsesser is a retired Goldman Sachs partner (Global Chair of Consumer Retail & Healthcare) and also serves on TPG's Board of Directors.
- No financial data, guidance, or material agreements were included in the filing.
Financial Impact
No financial impact from this board change.
Risk Factors
- No material risks identified from this filing.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001628280-26-047432 |
| Document: lazardappointskathyelsesse.htm | 0001628280-26-047432 |
| Document: 0001628280-26-047432-index-headers.html | 0001628280-26-047432 |
| Document: 0001628280-26-047432-index.html | 0001628280-26-047432 |
| Document: 0001628280-26-047432.txt | 0001628280-26-047432 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 23, 2026 10w ago | 8-K | $43.05 $42.77 | ▲ +0.65% | ▲ +3.96% | $36.10 (+16.14%) |
Jul 7, 2026 12w ago | 8-K | $41.74 $43.19 | ▲ +3.47% | ▲ +2.14% | $36.10 (−13.51%) |
Apr 7, 2026 25w ago | DEFA14A | $44.33 $45.10 | ▲ +1.73% | ▼ −6.82% | $36.10 (−18.57%) |
US Market Status
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