Kenneth M. Jacobs has been the driving force behind Lazard since 2009, when he took over as Chairman and CEO. His journey with Lazard began back in 1988, and since then, he has held various leadership roles, including Managing Director...

Current Market Cap

$4.54B

Number of Employees

3.29K

Total Compensation

2019 - 2023

Trending up by 58.22% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 44.17% last year

Salary

Down by -4.17% last year

Bonus

Up by 0.00% last year

Other

Up by 3.19% last year

Year

2023

Total Compensation

$15.01M

Salary

$862.50K

Board Justification

The compensation philosophy emphasizes alignment with company performance, retention of key executives, and competitive compensation practices within the financial services industry.

Bonus

$1.87M

Board Justification

The annual cash incentive bonus based on performance metrics for 2023, paid in February 2024.

Other

$245.14K

Board Justification

Includes health insurance premiums, life insurance, and tax preparation services.

Restricted Stock

$12.04M(323.18K RSU)

Board Justification

The value realized from vested stock awards in 2023, based on the closing price of the stock on the day prior to the vesting date.

Performance Metrics

The performance metrics considered for 2023 compensation included operating revenue, adjusted net income, and total shareholder return.

SEC Filing

From March 21, 2024