The Lazard Board of Directors who unanimously voted Jacobs in said, “We unanimously selected Jacobs based on the balance of his vision, intellect and dynamism, his creativity building new businesses, his skills as a trusted advisor, collaborator and team leader, as well as his track record of client focus, growth, and operational excellence.”
Steven Golub, who recently served as Interim Chief Executive Officer, will continue as Vice Chairman of Lazard and Chairman of its Financial Advisory group.
Lazard said that Ashish Bhutani and Gary Parr, will be named to the Lazard Board of Directors and as Vice Chairmen of Lazard, effective 4 January 2010. Ashish Bhutani will continue as Chief Executive of Lazard Asset Management, and will continue to oversee Lazard’s Asset Management activities on a global basis.
Additionally, Steven Heyer, a Director since Lazard’s IPO in 2005, has been named as Lead.
Director, a new board position, effective immediately.
The firm announced that Antonio Weiss, age 43, has been appointed Global Head of Investment Banking. Jacobs will work in partnership with Weiss and Alex Stern, who was recently named Chief Operating Officer, and the existing banking leadership in Europe and the US.