Lazard, Inc. Files 8-K: Officer/Director Changes & Compensation
Ticker: LAZ · Form: 8-K · Filed: Nov 25, 2024 · CIK: 1311370
| Field | Detail |
|---|---|
| Company | Lazard, Inc. (LAZ) |
| Form Type | 8-K |
| Filed Date | Nov 25, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $11,100,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, compensation, corporate-governance
Related Tickers: LAZ
TL;DR
Lazard 8-K: Leadership shakeup and pay changes reported.
AI Summary
Lazard, Inc. filed an 8-K on November 25, 2024, reporting events as of November 22, 2024. The filing indicates changes related to the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. It also includes Regulation FD disclosures and financial statements/exhibits.
Why It Matters
This filing signals potential shifts in Lazard's leadership and executive compensation structure, which could impact the company's strategic direction and investor confidence.
Risk Assessment
Risk Level: medium — Changes in directors, officers, and compensation can indicate internal shifts that may affect company strategy and performance.
Key Players & Entities
- Lazard, Inc. (company) — Registrant
- November 22, 2024 (date) — Date of earliest event reported
- November 25, 2024 (date) — Date of Report
- 30 Rockefeller Plaza (location) — Principal Executive Offices Address
- New York (location) — Principal Executive Offices City
FAQ
What specific officer or director positions were affected by the changes reported in this 8-K?
The filing indicates "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers" but does not specify the names or exact positions within the provided text.
Are there any details regarding the compensatory arrangements for the officers mentioned?
The filing lists "Compensatory Arrangements of Certain Officers" as an item of information, but the specific details of these arrangements are not included in the provided text.
What is the significance of the 'Regulation FD Disclosure' mentioned in the filing?
Regulation FD Disclosure indicates that the company is providing information that could be considered material non-public information, ensuring fair disclosure to all investors.
When was Lazard, Inc. incorporated, and what is its fiscal year end?
Lazard, Inc. was incorporated in Delaware and its fiscal year ends on December 31.
What are the primary business activities of Lazard, Inc. according to the SIC code?
According to the Standard Industrial Classification (SIC) code [6282], Lazard, Inc. is involved in Investment Advice.
Filing Stats: 782 words · 3 min read · ~3 pages · Grade level 10.2 · Accepted 2024-11-25 08:00:21
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share LAZ New York Stock Exchange
- $11,100,000 — obs will receive guaranteed payments of $11,100,000 per year. Beginning January 1, 2026, Mr
Filing Documents
- laz-20241122.htm (8-K) — 30KB
- a1125pressrelease.htm (EX-99.1) — 13KB
- image_0.jpg (GRAPHIC) — 5KB
- 0001628280-24-049080.txt ( ) — 174KB
- laz-20241122.xsd (EX-101.SCH) — 2KB
- laz-20241122_lab.xml (EX-101.LAB) — 21KB
- laz-20241122_pre.xml (EX-101.PRE) — 12KB
- laz-20241122_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. A copy of the Company's press release announcing the leadership changes described under Item 5.02 above is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information in this Current Report on Form 8-K under Item 7.01 and Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific referencing in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits . The following exhibits are filed or furnished as part of this Report on Form 8-K: Exhibit Number Exhibit Number 99.1 Press Release issued November 25, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. LAZARD, INC. (Registrant) By: /s/ Shari Soloway Name: Shari Soloway Title: Corporate Secretary Dated: November 25, 2024