In 2023, Peter R. Orszag earned $3.04M in total compensation at Lazard, including $787.50K salary and $2.16M bonus. Most recently acquired 104 shares in Feb 2023. Currently holds stock worth $16.24M. 2+ years at the helm of Lazard.
Compensation History
Annual executive compensation data for Peter R. Orszag, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$3.04M
Salary
$787.50K
Bonus
$2.16M
Other
$90.40K
Salary
$787.50KBoard Justification
The compensation philosophy focuses on aligning compensation with long-term shareholder interests and performance, with a significant portion of compensation tied to performance-based metrics.
Bonus
$2.16MBoard Justification
Includes a year-end annual cash incentive bonus, which is subject to potential repayment in full as described under 'Selected 2023 Compensation Program Highlights.'
Other Compensation
$90.40KBoard Justification
Includes payment of health insurance premiums, life and long-term disability insurance premiums, and other health-related benefits.
Restricted Stock
Board Justification
No stock grants were vested in 2023 as the stock awards relate to prior performance and were not included in the 2023 compensation.
Performance Metrics
The performance metrics include financial performance, individual contributions, and achievement of strategic objectives.
Peter R. Orszag
CEO of Lazard
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
December 22, 1969 - 55 years ago
CEO of Lazard for
2 years 2 months (Oct 2023 - Present)
Previous Experience
CEO of Financial Advisory business since June 2019, Head of North American Mergers & Acquisitions, Global Co-Head of Healthcare, Vice Chairman of Investment Banking at Citigroup
Other Lazard CEOs
Holdings
Track Peter R. Orszag's stock holdings and portfolio value over time.
Insider Trading
Peter R. Orszag's recent stock transactions, purchases, and sales filed with the SEC.
104 shares
LAZ
Feb 24, 2023
Received
103 shares
LAZ
Nov 18, 2022
Received
98 shares
LAZ
Aug 19, 2022
Received
103 shares
LAZ
May 20, 2022
Received
146 shares
LAZ
Feb 25, 2022
Received
110 shares
LAZ
Nov 19, 2021
Received
108 shares
LAZ
Aug 20, 2021
Received
107 shares
LAZ
May 21, 2021
Received
121 shares
LAZ
Mar 1, 2021
Received
Rivals
Compare Peter R. Orszag with competitor CEOs and industry peers.
Ali Dibadj
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Stock
$1.90M
Salary
$725.00K
Bonus
$3.08M
Other
$355.56K
Total Holdings
$606.89K
David M. Solomon
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2024 Compensation
Stock
$23.70M
Salary
$2.00M
Bonus
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Other
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Total Holdings
$80.00M
Kate Pilcher Ciafone
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2023 Compensation
Stock
$0.00
Salary
$400.00K
Bonus
$30.50K
Other
$30.90K
Total Holdings
$852.08K
Jim Cracchiolo
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2023 Compensation
Stock
$0.00
Salary
$1.25M
Bonus
$8.38M
Other
$0.00
Total Holdings
$56.18M
John S. Weinberg
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2023 Compensation
Stock
$0.00
Salary
$500.00K
Bonus
$3.13M
Other
$0.00
Total Holdings
$159.01M
Ronald J. Kruszewski
CEO of Stifel Financial
2023 Compensation
Stock
$0.00
Salary
$200.00K
Bonus
$2.26M
Other
$822.06K
Total Holdings
$123.55M