Lazard Won't Announce New CEO Next Week
Stock quotes in this article:
LAZ
NEW YORK (AP) Lazard Ltd. said Tuesday it won't make a decision on the successor to its late CEO Bruce Wasserstein at next week's board meeting.
"It is our responsibility to take a measured and thoughtful, yet expeditious approach in determining the position or positions of chairman and chief executive officer of Lazard," the board said in a statement. It said no decision or announcement about a new CEO would be made at next Tuesday's regularly scheduled board meeting. Wasserstein, a prominent Wall Street deal maker, passed away last week. The 61-year-old was the driving force behind Lazard, a top mergers and acquisitions advisory firm in New York. Steven J. Golub, 63, the company's vice chairman, has been serving as interim CEO.- Loading Comments...
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