Form 8-K Lazard Ltd For: Dec 07

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 7, 2016

 

 

Lazard Ltd

(Exact name of registrant as specified in its charter)

 

 

Bermuda

(State or other jurisdiction of incorporation)

 

001-32492		98-0437848
(Commission File Number)		(IRS Employer Identification No.)
Clarendon House, 2 Church Street, Hamilton, Bermuda		HM 11
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code 441-295-1422

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

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Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 7, 2016, Lazard Ltd (the “Company”) announced that the Board of Directors of the Company (the “Board”) elected Michelle Jarrard to join the Board, effective January 1, 2017. Ms. Jarrard also will serve on the Compensation Committee of the Board. Ms. Jarrard will receive compensation pursuant to the Company’s directors’ compensation program for independent directors of the Company, the terms of which are described in Item 1 of the Company’s Definitive Proxy Statement on Schedule 14A filed on March 10, 2016, and are incorporated herein by reference. A copy of the Company’s press release announcing the election of Ms. Jarrard is attached as Exhibit 99.1 to this Report on Form 8-K and is incorporated herein by reference.

 

Item 9.01

Financial Statements and Exhibits

(d) Exhibits.

 

Exhibit Number		Description of Exhibit
99.1		Press Release issued on December 7, 2016.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: December 7, 2016

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EXHIBIT INDEX

 

Exhibit Number		Description of Exhibit
99.1		Press Release issued on December 7, 2016

Exhibit 99.1

LAZARD ELECTS MICHELLE JARRARD TO BOARD OF DIRECTORS

NEW YORK, December 7, 2016 – Lazard Ltd (NYSE: LAZ) announced today that it has elected Michelle Jarrard to join its Board of Directors, effective January 1, 2017.

“Michelle will be a strong addition to our Board of Directors,” said Kenneth M. Jacobs, Chairman and Chief Executive Officer of Lazard. “Lazard’s business is built on human capital and relationships, and she brings more than 25 years of experience in global human resources, talent development and recruiting for one of the world’s most prestigious consulting firms.”

Ms. Jarrard is a former Senior Partner of McKinsey & Company, where she held multiple senior leadership roles during her 25-year career, most recently as Global Chief HR and Talent Officer from 2007 until her retirement in January 2016. She was a member of McKinsey’s Global Operating Committee, with responsibilities including: People Strategy; Talent Acquisition and Development; Learning; Partner Compensation & Evaluation; Diversity; HR Analytics, Policies & Risk; and Internal Communications. In 2016, Ms. Jarrard became the Managing Director of the GRA Venture Fund, LLC, a private investment fund providing early-stage capital to Georgia-based technology companies.

Ms. Jarrard is on the Board of Rural Sourcing, Inc., Axion Biosystems and QUEST Renewables. She is a Board Member and Chair of the Compensation & Benefits Committee for Children’s Healthcare of Atlanta, one of the largest pediatric healthcare systems in the U.S. She is also a Trustee of the Georgia Tech Foundation Board. She earned her MBA from Harvard Business School and a Bachelor’s Degree in Industrial Engineering from the Georgia Institute of Technology.

About Lazard

Lazard, one of the world’s preeminent financial advisory and asset management firms, operates from 42 cities across 27 countries in North America, Europe, Asia, Australia, Central and South America. With origins dating to 1848, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals.

LAZ-CPE

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Media contacts:				Investor contact:
Judi Frost Mackey, +1 212 632 1428 [email protected]				Armand Sadoughi, +1 212 632 6358 [email protected]
Clare Pickett, +1 212 632 6963 [email protected]

 

 

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