Iris Knobloch elected to Lazard's Board of Directors

Press releases — New York

February 22, 2018


NEW YORK, February 22, 2018 – Lazard Ltd (NYSE: LAZ) announced today that it has elected Iris Knobloch to the firm’s Board of Directors, effective April 1, 2018. In addition, current independent director Richard Parsons has been named Lead Director of Lazard’s Board, as part of the Board refreshment process. Steven Heyer, who has served as Lead Director since November 2009, will continue in his current roles as Chairman of the Board’s Nominating & Governance Committee, and as a member of the Audit Committee and the Compensation Committee.

“Iris will be a strong addition to our Board of Directors, bringing a Continental European perspective from her leadership positions in multi-national businesses, and her experience in strategy, digital media and emerging markets,” said Kenneth M. Jacobs, Chairman and Chief Executive Officer of Lazard. “We greatly appreciate Steve’s service as Lead Director for nearly a decade, during which he has served as a mentor to me, and we are pleased that he will remain on the Board. We are grateful that Dick has agreed to serve as Lead Director.”

Ms. Knobloch has served as President of Warner Bros Entertainment in France since 2006, where she oversees all of its French businesses. She also supervises the company’s Home Entertainment business in the Benelux region and Warner Bros’ strategic development in Africa. Previously, she was in charge of Time Warner’s International Relations and Strategic Policy for Europe, and also worked in Los Angeles and London. Prior to Warner Bros, Ms. Knobloch was an attorney with Norr, Stiefenhofer & Lutz and with O’Melveny & Myers in Munich, New York and Los Angeles.

Ms. Knobloch is the Vice Chairman and Lead Independent Director of the Board of Directors of AccorHotels, a Member of the Board of Directors of Central European Media Enterprises, and a Governor of the American Hospital in Paris. She received a J.D. degree from Ludwig MaximiliansUniversitaet and an L.L.M. degree from New York University.


About Lazard

Founded in 1848, Lazard is one of the world's preeminent financial advisory and asset management firms, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. For more information, please visit www.lazard.com.

MEDIA CONTACT

Judi Frost Mackey

+1 212 632 1428

judi.mackey@lazard.com


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