Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-26

Lazard, Inc. (LAZ)

CEO Peter Orszag was paid $13,723,452 in fiscal year 2025, ↑ up 20.4% from fiscal year 2024, the 48th percentile of its disclosed peer group (SEC filing 0001628280-26-024088 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$20,217,587
Christopher Hogbin total, FY2025
Chief Executive Officer of Lazard Asset Management — highest-paid officer; CEO Peter Orszag: $13,723,452
48th
CEO (Peter Orszag) pay percentile vs peers
55:1
CEO-to-median pay ratio
94.51%
Say-on-pay support, latest vote

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- Peter Orszag (Chief Executive Officer and Chairman), FY2025 total compensation $13,723,452 (base salary $900,000) [exec_comp, SEC accession 0001628280-26-024088, filed 2026-04-07]

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LAZ's next annual pay disclosure, estimated April 20, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Christopher Hogbin$62,500$0$16,379,839$0$0$0$3,775,248$20,217,587
Chief Executive Officer of Lazard Asset Management
Peter Orszag900,0003,900,0008,666,548000256,90413,723,452
Chief Executive Officer and Chairman
Alexandra Soto750,0001,810,0005,390,60900052,3488,002,957
Chief Operating Officer
Mary Betsch750,000825,0002,272,8290002,717,0416,564,870
Chief Financial Officer
Evan Russo750,0004,044,3740000224,7385,019,112
Former Chief Executive Officer of Lazard Asset Management
Christian Weideman750,000937,5002,633,93100031,5974,353,028
General Counsel

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Christopher Hogbin$20,217,587———
Peter Orszag13,723,45211,395,75630,834,841↑ +2,327,696
Alexandra Soto8,002,9575,945,6245,636,992↑ +2,057,333
Mary Betsch6,564,8703,821,0052,653,552↑ +2,743,865
Evan Russo5,019,1128,523,70425,138,188↓ −3,504,592
Christian Weideman4,353,028———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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$20,217,587 Christopher Hogbin total, FY2025

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Data as of August 26, 2026 · Source: 0001628280-26-024088 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

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Companies that benchmark against LAZ
22 companies name LAZ as a compensation peer

Each company listed discloses LAZ in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named LAZ in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

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01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Andrew M. AlperIndependent Director$320,088
Ann-Kristin AchleitnerIndependent Director$315,003
Dan SchulmanLead Independent Director$373,968
Dmitry ShevelenkoIndependent Director$141,002
Iris KnoblochIndependent Director$315,003
Jane L. MendilloIndependent Director$68,171
Michelle JarrardIndependent Director$315,003
Peter HarrisonIndependent Director$315,235
Stephen R. Howe JrIndependent Director$325,129
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Dividend-equivalent accruals2026-05-15—957——2 insiders, 2 accrual rows
Alexandra SotoChief Operating Officer2026-05-22A3,138——Derivative, Class A CommonForm 4 ↗
Tracy FarrChief Financial Officer2026-05-22A393——Derivative, Class A CommonForm 4 ↗
Christopher HogbinCEO Asset Management2026-05-22A2,716——Derivative, Class A CommonForm 4 ↗
Michael GathyChief Accounting Officer2026-05-22A134——Derivative, Class A CommonForm 4 ↗
Michelle JarrardDirector2026-06-01A4,01000Derivative, Class A CommonForm 4 ↗
Peter HarrisonDirector2026-06-01A3,77700Derivative, Class A CommonForm 4 ↗
Stephen R. Howe JrDirector2026-06-01A4,24200Derivative, Class A CommonForm 4 ↗
Dmitry ShevelenkoDirector2026-06-01A3,77700Derivative, Class A CommonForm 4 ↗
Dan SchulmanDirector2026-06-01A4,35800Derivative, Class A CommonForm 4 ↗
Iris KnoblochDirector2026-06-01A4,01000Derivative, Class A CommonForm 4 ↗
Andrew M. AlperDirector2026-06-01A4,06800Derivative, Class A CommonForm 4 ↗
Ann-Kristin AchleitnerDirector2026-06-01A3,77700Derivative, Class A CommonForm 4 ↗
Kathy ElsesserDirector2026-07-23A3,98200Derivative, Class A CommonForm 4 ↗
Christopher HogbinCEO Asset Management2026-08-14A2,954——Derivative, Class A CommonForm 4 ↗
Michael GathyChief Accounting Officer2026-08-14A145——Derivative, Class A CommonForm 4 ↗
Tracy FarrChief Financial Officer2026-08-14A426——Derivative, Class A CommonForm 4 ↗
Alexandra SotoChief Operating Officer2026-08-14A3,413——Derivative, Class A CommonForm 4 ↗
Dividend-equivalent accruals2026-08-17—103——1 insider, 1 accrual row
Peter Richard OrszagDirector2026-08-24D250,000——Derivative, Class A CommonForm 4 ↗
Peter Richard OrszagDirector2026-08-24A250,000——CommonForm 4 ↗
Peter Richard OrszagDirector2026-08-24D75,000——CommonForm 4 ↗
Peter Richard OrszagDirector2026-08-25D125,000445,440,038CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 24 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Stephen R. Howe JrDirector2026-05-15A100$0$0Derivative, Class A CommonForm 4 ↗
Andrew M. AlperDirector2026-05-15A85700Derivative, Class A CommonForm 4 ↗
Alexandra SotoChief Operating Officer2026-05-22A3,138——Derivative, Class A CommonForm 4 ↗
Tracy FarrChief Financial Officer2026-05-22A393——Derivative, Class A CommonForm 4 ↗
Christopher HogbinCEO Asset Management2026-05-22A2,716——Derivative, Class A CommonForm 4 ↗
Michael GathyChief Accounting Officer2026-05-22A134——Derivative, Class A CommonForm 4 ↗
Michelle JarrardDirector2026-06-01A4,01000Derivative, Class A CommonForm 4 ↗
Peter HarrisonDirector2026-06-01A3,77700Derivative, Class A CommonForm 4 ↗
Stephen R. Howe JrDirector2026-06-01A4,24200Derivative, Class A CommonForm 4 ↗
Dmitry ShevelenkoDirector2026-06-01A3,77700Derivative, Class A CommonForm 4 ↗
Dan SchulmanDirector2026-06-01A4,35800Derivative, Class A CommonForm 4 ↗
Iris KnoblochDirector2026-06-01A4,01000Derivative, Class A CommonForm 4 ↗
Andrew M. AlperDirector2026-06-01A4,06800Derivative, Class A CommonForm 4 ↗
Ann-Kristin AchleitnerDirector2026-06-01A3,77700Derivative, Class A CommonForm 4 ↗
Kathy ElsesserDirector2026-07-23A3,98200Derivative, Class A CommonForm 4 ↗
Christopher HogbinCEO Asset Management2026-08-14A2,954——Derivative, Class A CommonForm 4 ↗
Michael GathyChief Accounting Officer2026-08-14A145——Derivative, Class A CommonForm 4 ↗
Tracy FarrChief Financial Officer2026-08-14A426——Derivative, Class A CommonForm 4 ↗
Alexandra SotoChief Operating Officer2026-08-14A3,413——Derivative, Class A CommonForm 4 ↗
Stephen R. Howe JrDirector2026-08-17A10300Derivative, Class A CommonForm 4 ↗
Peter Richard OrszagDirector2026-08-24D250,000——Derivative, Class A CommonForm 4 ↗
Peter Richard OrszagDirector2026-08-24A250,000——CommonForm 4 ↗
Peter Richard OrszagDirector2026-08-24D75,000——CommonForm 4 ↗
Peter Richard OrszagDirector2026-08-25D125,000445,440,038CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Christian WeidemanRSU2025-03-14——58,623—$2,633,931
Christopher HogbinRSU2025-12-05——306,337—16,379,839
Mary BetschRSU2025-03-14——50,586—2,272,829
Evan RussoRSU2025-03-14——90,015—4,044,374
Alexandra SotoRSU2025-03-14——99,660—5,390,609
Peter OrszagRSU2025-03-14——192,890—8,666,548
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Christian Weideman$2,633,931$0$00.0%
Christopher Hogbin16,379,839000.0%
Mary Betsch2,272,829000.0%
Evan Russo4,044,374000.0%
Alexandra Soto5,390,609000.0%
Peter Orszag8,666,548000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Peter OrszagRSU500,000—$24,280,000
Christopher HogbinRSU306,337—14,875,725
Peter OrszagRSU1,249,436—60,672,612
Evan RussoRSU400,000—19,424,000
Evan RussoRSU1,048,314—50,906,128
Alexandra SotoRSU261,934—12,719,515
Mary BetschRSU138,626—6,731,679
Christian WeidemanRSU94,046—4,566,874
05

Incentive-plan design — the Compensation Discussion & Analysis

We believe in pay for performance, and our compensation program is designed to align the interests of our senior executives with those of our shareholders, support the retention of critical talent, and help achieve our Lazard 2030 goals.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantCompensation Advisory Partners (CAP)
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-2175,960,0664,408,80733,86894.51%Passed
20252025-05-0850,784,39524,560,644956,65667.4%Passed
20242024-05-0943,032,95222,668,3911,076,94065.5%Passed
20232023-04-2754,936,0667,820,38398,67387.54%Passed
20222022-05-1865,243,02711,148,007134,30385.41%Passed
20212021-04-2978,597,1212,834,176109,61996.52%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2194.51%a
20252025-05-0867.4%b
20242024-05-0965.5%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)55 : 1
CEO total compensation$13,723,452
Median employee compensation$251,486
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Dan SchulmanIndependent · Lead Independent Director · Compensation · Nominating and Governance · Workplace and Culture$167,688$206,280$0$0$0$373,968
Stephen R. Howe JrIndependent · Audit (Chair) · Workplace and Culture146,364178,765000325,129
Andrew M. AlperIndependent · Audit · Compensation (Chair)144,058176,030000320,088
Peter HarrisonIndependent · Audit · Workplace and Culture99,619215,616000315,235
Michelle JarrardIndependent · Compensation · Workplace and Culture (Chair)141,750173,253000315,003
Iris KnoblochIndependent · Compensation · Nominating and Governance (Chair)141,750173,253000315,003
Ann-Kristin AchleitnerIndependent · Audit · Nominating and Governance141,750173,253000315,003
Dmitry ShevelenkoIndependent · Partial-year service25,900115,102000141,002
Jane L. MendilloIndependent68,171—00068,171
Peter R. OrszagEmployee director · Board Chair000—00
09

Board fee structure and ownership guideline

Annual cash retainer$126,000
Annual equity retainer$154,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,077,050
Equity awards (grant-date value)$1,411,552
All other compensation$0
Total cost of the board$2,488,602

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Lazard, Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Lazard, Inc..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Blackstone Group LP2025Stephen Schwarzman$350,000$0$0$0$125,641,824
2Moelis & Co.2025Navid Mahmoodzadegan400,00034,120,7010042,846,376
3Janus Henderson Group PLC2025Ali Dibadj725,00027,665,1150035,038,727
4Jefferies Financial Group Inc.2025Richard Handler1,000,00017,206,2430028,447,020
5Stifel Financial Corp.2025Ronald Kruszewski200,0008,880,0000018,908,297
6Raymond James Financial, Inc.2025Paul Shoukry645,8338,549,7480—17,277,875
7T. Rowe Price Group Inc.2025Robert Sharps350,0008,401,68908,401,50017,245,792
8Evercore Partners Inc.2025John S. Weinberg500,0005,888,5390017,138,539
9Franklin Resources, Inc.2025Jennifer Johnson750,0008,959,77106,925,00016,844,816
10Affiliated Managers Group Inc.2025Jay Horgen750,0008,967,00006,525,00016,311,950
11Invesco Ltd2025Andrew Schlossberg750,00010,084,90305,321,25016,299,849
12Lazard, Inc.2025Peter Orszag900,0008,666,5480013,723,452
13Houlihan Lokey Inc.2026Scott Adelson500,0000012,500,00013,000,000
14Piper Sandler Companies2025Chad Abraham650,0003,735,3550011,030,039
15Federated Hermes, Inc.2025J. Christopher Donahue787,5002,528,25903,937,5007,982,105
16Cohen & Steers, Inc.2025Joseph Harvey600,0004,719,995006,991,951
17Perella Weinberg Partners2025Andrew Bednar500,0005,250,00001,000,0006,750,000
18WisdomTree Investments, Inc.2025Jonathan Steinberg550,0003,507,589006,704,625
19Virtus Investment Partners, Inc.2025George Aylward650,0003,200,00002,442,0006,309,500
20Artisan Partners Asset Management, Inc.2025Jason Gottlieb300,0001,548,40003,570,0005,482,136
21Silvercrest Asset Management Group Inc.2025Richard Hough III900,00001,600,00004,039,647
22PJT Partners Inc.2025Paul Taubman1,000,0000001,031,350
—Manning & Napier, Inc.——————not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Lazard, Inc.not disclosedMSU 50 · PIPR 50Yes — 3-year relative TSR vs. S&P 1500Compensation Advisory Partners (CAP)
Affiliated Managers Group Inc.134%PSU 75 · RSU 25NoSemler Brossy Consulting Group, LLC
Artisan Partners Asset Management, Inc.not disclosedRSU 100not disclosedMcLagan
Blackstone Group LPnot disclosednot disclosednot disclosednot disclosed
Cohen & Steers, Inc.not disclosedRSU 100not disclosedMcLagan
Evercore Partners Inc.not disclosedRSU 50not disclosednot disclosed
Federated Hermes, Inc.not disclosednot disclosednot disclosedMcLagan Partners, Inc.
Franklin Resources, Inc.1847%PSU 100YesSemler Brossy Consulting Group
Houlihan Lokey Inc.not disclosednot disclosedNoWTW
Invesco Ltd129%not disclosedYes — Relative TSRJohnson Associates, Inc.
Janus Henderson Group PLCnot disclosedPSU 60 · RSU 40NoMeridian Compensation Partners
Jefferies Financial Group Inc.not disclosednot disclosedNoPearl Meyer
Manning & Napier, Inc.not disclosednot disclosednot disclosednot disclosed
Moelis & Co.not disclosednot disclosedYes — TSR Performance ConditionWillis Towers Watson
Perella Weinberg Partnersnot disclosednot disclosedNoExequity LLP
Piper Sandler Companiesnot disclosedPSU 100Yes — Relative TSRSemler Brossy
PJT Partners Inc.not disclosednot disclosedNoWillis Towers Watson
Raymond James Financial, Inc.not disclosedPSU 60NoMeridian Compensation Partners
Silvercrest Asset Management Group Inc.not disclosednot disclosednot disclosednot disclosed
Stifel Financial Corp.not disclosednot disclosedNoCompensation Advisory Partners LLC
T. Rowe Price Group Inc.not disclosedRSU 50 · PRSU 50NoJohnson Associates
Virtus Investment Partners, Inc.not disclosedRSU 50 · PSU 50Yes — Relative TSRMercer
WisdomTree Investments, Inc.127.6%RSU 50 · PSU 50NoFW Cook

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at Lazard, Inc. in fiscal 2025?
As disclosed, Christopher Hogbin (Chief Executive Officer of Lazard Asset Management) was the highest-paid executive at Lazard, Inc. in fiscal 2025, with total compensation of $20,217,587.
How does Lazard, Inc.'s chief executive pay compare to its disclosed peer group?
As disclosed, Peter Orszag's total compensation ranked at the 48th percentile of Lazard, Inc.'s disclosed peer group.
What is Lazard, Inc.'s CEO-to-median employee pay ratio?
As disclosed, Lazard, Inc.'s CEO-to-median employee pay ratio was 55:1.
How did shareholders vote on Lazard, Inc.'s executive compensation?
As disclosed, 94.51% of shareholders supported Lazard, Inc.'s executive compensation in the latest say-on-pay vote.
How much does Lazard, Inc. spend in total on board compensation for fiscal 2025?
As disclosed, Lazard, Inc. reported total board compensation of $2,488,602 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Christopher HogbinDEF 14A2026-04-070001628280-26-024088Section “2025 Summary Compensation Table”. As printed: 20,217,587. Filing ↗machine: r9 · c11 · span 3740922–3740932
2Section 01, Peter OrszagDEF 14A2026-04-070001628280-26-024088Section “2025 Summary Compensation Table”. As printed: 13,723,452. Filing ↗machine: r3 · c11 · span 3696981–3696991
3Section 01, Alexandra SotoDEF 14A2026-04-070001628280-26-024088Section “2025 Summary Compensation Table”. As printed: 8,002,957. Filing ↗machine: r13 · c11 · span 3770832–3770841
4Section 01, Mary BetschDEF 14A2026-04-070001628280-26-024088Section “2025 Summary Compensation Table”. As printed: 6,564,870. Filing ↗machine: r6 · c11 · span 3719043–3719052
5Section 01, Evan RussoDEF 14A2026-04-070001628280-26-024088Section “2025 Summary Compensation Table”. As printed: 5,019,112. Filing ↗machine: r10 · c11 · span 3749238–3749247
6Section 01, Christian WeidemanDEF 14A2026-04-070001628280-26-024088Section “2025 Summary Compensation Table”. As printed: 4,353,028. Filing ↗machine: r16 · c11 · span 3792374–3792383
7Section 03, Christian Weideman RSUDEF 14A2026-04-070001628280-26-024088Section “2025 Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t319 · r7 · c4 · span 3892315–3892324
8Section 03, Christopher Hogbin RSUDEF 14A2026-04-070001628280-26-024088Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t319 · r4 · c8 · span 3880901–3880911
9Section 03, Mary Betsch RSUDEF 14A2026-04-070001628280-26-024088Section “2025 Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t319 · r3 · c4 · span 3874798–3874807
10Section 03, Evan Russo RSUDEF 14A2026-04-070001628280-26-024088Section “2025 Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t319 · r5 · c4 · span 3883542–3883551
11Section 03, Alexandra Soto RSUDEF 14A2026-04-070001628280-26-024088Section “2025 Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t319 · r6 · c8 · span 3889655–3889664
12Section 03, Peter Orszag RSUDEF 14A2026-04-070001628280-26-024088Section “2025 Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t319 · r2 · c4 · span 3870425–3870434
13Section 07, pay ratioDEF 14A2026-04-070001628280-26-024088Section “CEO Pay Ratio”. As printed: 55 : 1. Filing ↗machine: span 4375356–4375363
14Section 08, Dan SchulmanDEF 14A2026-04-070001628280-26-024088Section “Director Compensation”. As printed: 373,968. Filing ↗
15Section 08, Stephen R. Howe JrDEF 14A2026-04-070001628280-26-024088Section “Director Compensation”. As printed: 325,129. Filing ↗machine: r7 · c1 · span 181188–181191
16Section 08, Andrew M. AlperDEF 14A2026-04-070001628280-26-024088Section “Director Compensation”. As printed: 320,088. Filing ↗
17Section 08, Peter HarrisonDEF 14A2026-04-070001628280-26-024088Section “Director Compensation”. As printed: 315,235. Filing ↗
18Section 08, Michelle JarrardDEF 14A2026-04-070001628280-26-024088Section “Director Compensation”. As printed: 315,003. Filing ↗
19Section 08, Iris KnoblochDEF 14A2026-04-070001628280-26-024088Section “Director Compensation”. As printed: 315,003. Filing ↗machine: r1 · c6 · span 1100453–1100456
20Section 08, Ann-Kristin AchleitnerDEF 14A2026-04-070001628280-26-024088Section “Director Compensation”. As printed: 315,003. Filing ↗machine: r2 · c2 · span 1350139–1350142
21Section 08, Dmitry ShevelenkoDEF 14A2026-04-070001628280-26-024088Section “Director Compensation”. As printed: 141,002. Filing ↗
22Section 08, Jane L. MendilloDEF 14A2026-04-070001628280-26-024088Section “Director Compensation”. As printed: 68,171. Filing ↗machine: t211 · r8 · c2 · span 2388264–2389000
23Section 08, Peter R. OrszagDEF 14A2026-04-070001628280-26-024088Section “Director Compensation”. As printed: 0. Filing ↗
24Section 02, Stephen R. Howe Jr 2026-05-15Form 42026-05-190001628280-26-036540Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Andrew M. Alper 2026-05-15Form 42026-05-190001628280-26-036545Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Alexandra Soto 2026-05-22Form 42026-05-260001628280-26-038141Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Tracy Farr 2026-05-22Form 42026-05-260001628280-26-038145Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Christopher Hogbin 2026-05-22Form 42026-05-260001628280-26-038142Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Michael Gathy 2026-05-22Form 42026-05-260001628280-26-038143Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Michelle Jarrard 2026-06-01Form 42026-06-030001628280-26-040423Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Peter Harrison 2026-06-01Form 42026-06-030001628280-26-040425Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Stephen R. Howe Jr 2026-06-01Form 42026-06-030001628280-26-040403Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Dmitry Shevelenko 2026-06-01Form 42026-06-030001628280-26-040410Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Dan Schulman 2026-06-01Form 42026-06-030001628280-26-040417Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Iris Knobloch 2026-06-01Form 42026-06-030001628280-26-040420Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Andrew M. Alper 2026-06-01Form 42026-06-030001628280-26-040428Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Ann-Kristin Achleitner 2026-06-01Form 42026-06-030001628280-26-040431Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Kathy Elsesser 2026-07-23Form 42026-07-270001628280-26-049871Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Christopher Hogbin 2026-08-14Form 42026-08-180001628280-26-057801Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Michael Gathy 2026-08-14Form 42026-08-180001628280-26-057802Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Tracy Farr 2026-08-14Form 42026-08-180001628280-26-057799Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Alexandra Soto 2026-08-14Form 42026-08-180001628280-26-057800Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Stephen R. Howe Jr 2026-08-17Form 42026-08-190001628280-26-058033Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Peter Richard Orszag 2026-08-24Form 42026-08-260001628280-26-059145Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Peter Richard Orszag 2026-08-24Form 42026-08-260001628280-26-059145Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Peter Richard Orszag 2026-08-24Form 42026-08-260001628280-26-059145Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Peter Richard Orszag 2026-08-25Form 42026-08-260001628280-26-059145Insider equity transaction reported since the proxy statement. Filing ↗
48Section 06, 2026 voteForm 8-K2026-05-220001628280-26-037801Item 5.07 · say-on-pay result. As reported: 94.51% (votes for as printed: 75,960,066). Filing ↗
49Section 06, 2025 voteForm 8-K2025-05-130001628280-25-025201Item 5.07 · say-on-pay result. As reported: 67.4% (votes for as printed: 50,784,395). Filing ↗
50Section 06, 2024 voteForm 8-K2024-05-130001628280-24-022903Item 5.07 · say-on-pay result. As reported: 65.5% (votes for as printed: 43,032,952). Filing ↗
51Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
52Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
53Section 09b board cost (computed)Computed——Cash 1,077,050 + equity 1,411,552 + all other 0 = 2,488,602, summed across the director compensation table rows.machine: formula: Σ = 2,488,602
54Blackstone Group LP, Section 10b CEO total10-K2026-02-270001193125-26-082531CEO total compensation as printed in Blackstone Group LP's own proxy. As printed: 125,641,824. Filing ↗machine: span 8525664–8525675
55Moelis & Co., Section 10b CEO totalDEF 14A2026-04-300001193125-26-193242CEO total compensation as printed in Moelis & Co.'s own proxy. As printed: 42,846,376. Filing ↗machine: t240 · r10 · c16 · span 660051–660061
56Janus Henderson Group PLC, Section 10b CEO totalDEF 14A2026-04-170001308179-26-000293CEO total compensation as printed in Janus Henderson Group PLC's own proxy. As printed: 35,038,727. Filing ↗machine: t342 · r1 · c14 · span 863375–863385
57Jefferies Financial Group Inc., Section 10b CEO totalDEF 14A2026-02-230001140361-26-006361CEO total compensation as printed in Jefferies Financial Group Inc.'s own proxy. As printed: 28,447,020. Filing ↗machine: r2 · c25 · span 1220527–1220537
58Stifel Financial Corp., Section 10b CEO totalDEF 14A2026-04-290001193125-26-191643CEO total compensation as printed in Stifel Financial Corp.'s own proxy. As printed: 18,908,297. Filing ↗machine: t238 · r3 · c23 · span 1013386–1013396
59Raymond James Financial, Inc., Section 10b CEO totalDEF 14A2026-01-070000720005-26-000019CEO total compensation as printed in Raymond James Financial, Inc.'s own proxy. As printed: 17,277,875. Filing ↗machine: t155 · r2 · c15 · span 1103853–1103864
60T. Rowe Price Group Inc., Section 10b CEO totalDEF 14A2026-03-170001104659-26-028876CEO total compensation as printed in T. Rowe Price Group Inc.'s own proxy. As printed: 17,245,792. Filing ↗machine: span 1474238–1474248
61Evercore Partners Inc., Section 10b CEO totalDEF 14A2026-04-290001193125-26-191911CEO total compensation as printed in Evercore Partners Inc.'s own proxy. As printed: 17,138,539. Filing ↗machine: t182 · r9 · c23 · span 595538–595548
62Franklin Resources, Inc., Section 10b CEO totalDEF 14A2025-12-220001140361-25-046314CEO total compensation as printed in Franklin Resources, Inc.'s own proxy. As printed: 16,844,816. Filing ↗machine: r8 · c22 · span 1261002–1261012
63Affiliated Managers Group Inc., Section 10b CEO totalDEF 14A2026-04-170001628280-26-025798CEO total compensation as printed in Affiliated Managers Group Inc.'s own proxy. As printed: 16,311,950. Filing ↗machine: span 1521708–1521718
64Invesco Ltd, Section 10b CEO totalDEF 14A2026-04-020001193125-26-140019CEO total compensation as printed in Invesco Ltd's own proxy. As printed: 16,299,849. Filing ↗machine: t223 · r2 · c27 · span 1030655–1030665
65Lazard, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-070001628280-26-024088CEO total compensation as printed in Lazard, Inc.'s own proxy. As printed: 13,723,452. Filing ↗machine: r3 · c11 · span 3696981–3696991
66Houlihan Lokey Inc., Section 10b CEO totalDEF 14A2026-07-240001302215-26-000059CEO total compensation as printed in Houlihan Lokey Inc.'s own proxy. As printed: 13,000,000. Filing ↗machine: r2 · c42 · span 314817–314827
67Piper Sandler Companies, Section 10b CEO totalDEF 14A2026-04-090001104659-26-041101CEO total compensation as printed in Piper Sandler Companies's own proxy. As printed: 11,030,039. Filing ↗machine: t78 · r1 · c41 · span 720190–720200
68Federated Hermes, Inc., Section 10b CEO totalDEF 14A2026-03-170001056288-26-000009CEO total compensation as printed in Federated Hermes, Inc.'s own proxy. As printed: 7,982,105. Filing ↗machine: r2 · c27 · span 201784–201793
69Cohen & Steers, Inc., Section 10b CEO totalDEF 14A2026-03-200001284812-26-000030CEO total compensation as printed in Cohen & Steers, Inc.'s own proxy. As printed: 6,991,951. Filing ↗machine: r2 · c66 · span 492842–492851
70Perella Weinberg Partners, Section 10b CEO totalDEF 14A2026-04-100001777835-26-000029CEO total compensation as printed in Perella Weinberg Partners's own proxy. As printed: 6,750,000. Filing ↗machine: r6 · c5 · span 622782–622791
71WisdomTree Investments, Inc., Section 10b CEO totalDEF 14A2026-04-290001214659-26-005251CEO total compensation as printed in WisdomTree Investments, Inc.'s own proxy. As printed: 6,704,625. Filing ↗machine: r1 · c6 · span 1941349–1941358
72Virtus Investment Partners, Inc., Section 10b CEO totalDEF 14A2026-04-070001193125-26-145685CEO total compensation as printed in Virtus Investment Partners, Inc.'s own proxy. As printed: 6,309,500. Filing ↗machine: r2 · c34 · span 636369–636378
73Artisan Partners Asset Management, Inc., Section 10b CEO totalDEF 14A2026-04-170001517302-26-000079CEO total compensation as printed in Artisan Partners Asset Management, Inc.'s own proxy. As printed: 5,482,136. Filing ↗machine: r2 · c18 · span 617510–617519
74Silvercrest Asset Management Group Inc., Section 10b CEO totalDEF 14A2026-04-300001193125-26-197178CEO total compensation as printed in Silvercrest Asset Management Group Inc.'s own proxy. As printed: 4,039,647. Filing ↗machine: r4 · c18 · span 365210–365219
75PJT Partners Inc., Section 10b CEO totalDEF 14A2026-04-290001628280-26-028424CEO total compensation as printed in PJT Partners Inc.'s own proxy. As printed: 1,031,350. Filing ↗machine: r5 · c36 · span 827753–827762
76Section 10a, Janus Henderson Group PLC reciprocityDEF 14A—0001308179-26-000293Janus Henderson Group PLC names Lazard, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
77Section 10a, Evercore Partners Inc. reciprocityDEF 14A—0001193125-26-191911Evercore Partners Inc. names Lazard, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
78Section 10a, Artisan Partners Asset Management, Inc. reciprocityDEF 14A—0001517302-26-000079Artisan Partners Asset Management, Inc. names Lazard, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
79Section 10a, Raymond James Financial, Inc. reciprocityDEF 14A—0000720005-26-000019Raymond James Financial, Inc.'s most recent proxy was read; its disclosed peer group does not include Lazard, Inc.. Filing ↗
80Section 10a, PJT Partners Inc. reciprocityDEF 14A—0001628280-26-028424PJT Partners Inc. names Lazard, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
81Section 10a, Federated Hermes, Inc. reciprocityDEF 14A—0001056288-26-000009Federated Hermes, Inc.'s most recent proxy was read; its disclosed peer group does not include Lazard, Inc.. Filing ↗
82Section 10a, Cohen & Steers, Inc. reciprocityDEF 14A—0001284812-26-000030Cohen & Steers, Inc.'s most recent proxy was read; its disclosed peer group does not include Lazard, Inc.. Filing ↗
83Section 10a, Franklin Resources, Inc. reciprocityDEF 14A—0001140361-25-046314Franklin Resources, Inc. names Lazard, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
84Section 10a, Invesco Ltd reciprocityDEF 14A—0001193125-26-140019Invesco Ltd names Lazard, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
85Section 10a, Houlihan Lokey Inc. reciprocityDEF 14A—0001302215-26-000059Houlihan Lokey Inc. names Lazard, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
86Section 10a, Virtus Investment Partners, Inc. reciprocityDEF 14A—0001193125-26-145685Virtus Investment Partners, Inc.'s most recent proxy was read; its disclosed peer group does not include Lazard, Inc.. Filing ↗
87Section 10a, WisdomTree Investments, Inc. reciprocityDEF 14A—0001214659-26-005251WisdomTree Investments, Inc.'s most recent proxy was read; its disclosed peer group does not include Lazard, Inc.. Filing ↗
88Section 10a, Affiliated Managers Group Inc. reciprocityDEF 14A—0001628280-26-025798Affiliated Managers Group Inc. names Lazard, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
89Section 10a, Stifel Financial Corp. reciprocityDEF 14A—0001193125-26-191643Stifel Financial Corp. names Lazard, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
90Section 10a, Jefferies Financial Group Inc. reciprocityDEF 14A—0001140361-26-006361Jefferies Financial Group Inc. names Lazard, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
91Section 10a, Piper Sandler Companies reciprocityDEF 14A—0001104659-26-041101Piper Sandler Companies names Lazard, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
92Section 10a, T. Rowe Price Group Inc. reciprocityDEF 14A—0001104659-26-028876T. Rowe Price Group Inc.'s most recent proxy was read; its disclosed peer group does not include Lazard, Inc.. Filing ↗
93Section 10a, Perella Weinberg Partners reciprocityDEF 14A—0001777835-26-000029Perella Weinberg Partners names Lazard, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
94Section 10a, Moelis & Co. reciprocityDEF 14A—0001193125-26-193242Moelis & Co. names Lazard, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗

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