Peter R. Orszag, age 50, became Chief Executive Officer of Financial Advisory in June 2019. Mr. Orszag joined Lazard in May 2016 as a Vice Chairman of Investment Banking, and prior to becoming CEO of Financial Advisory was Lazard’s Head of North American Mergers & Acquisitions since July 2018 and Global Co-Head of Healthcare since November 2016. Mr. Orszag joined Lazard from Citigroup, where he was Vice Chairman of Corporate and Investment Banking and Chairman of the Financial Strategy and Solutions Group from January 2011 to February 2016. Mr. Orszag served as the Director of the Office of Management and Budget in the Obama Administration from January 2009 to July 2010, and was the Director of the Congressional Budget Office from January 2007 to December 2008. Mr. Orszag serves on the Board of Directors of the Peterson Institute for International Economics, the Mt. Sinai Hospital, the Russell Sage Foundation and New Visions for Public Schools in New York.