Peter R. Orszag has been the CEO of Lazard, Inc. since October 1, 2023, stepping up from his role as Chief Executive Officer of the Financial Advisory business. With a strong background in finance, he previously led the Head of...

Peter R. Orszag has been the CEO of Lazard, Inc. since October 1, 2023, stepping up from his role as Chief Executive Officer of the Financial Advisory business. With a strong background in finance, he previously led the Head of North American Mergers & Acquisitions and was co-head of Global Healthcare at Lazard. Before joining Lazard in 2016, he served as Vice Chairman at Citigroup and played important roles in U.S. government, including directing the Office of Management and Budget during the Obama administration and leading the Congressional Budget Office. Orszag’s transition to CEO of Lazard coincides with a focus on aligning the company’s strategy with long-term shareholder interests, marked by a compensation structure ensuring a significant portion of his earnings is tied to performance-based metrics. He is involved with various boards, including the Peterson Institute for International Economics, where he contributes to discussions on economic policies. Orszag has a knack for navigating complex financial landscapes, evident in his transition to leadership roles during significant market shifts.