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AI brief of an SEC Form 8-K · Lazard (LAZ)

Lazard names Tracy Farr chief financial officer, succeeding Mary Ann Betsch

Neutral Impact 4 of 5 leadership Written later

Lazard, Inc. appointed Tracy Farr, a Managing Director in its Capital Structure Advisory group, as Chief Financial Officer effective February 1, 2026. Mary Ann Betsch steps down as CFO and serves as Senior Advisor to the CEO through June 30, 2026, when her service ends. The filing reports no financial results; the press release says fourth quarter and full year 2025 results were announced the same day, but the figures are not included in this filing.

Key points

  • Farr's salary rises to $750,000 and he is eligible for a discretionary annual bonus set by the Compensation Committee.
  • Betsch will receive a full 2025 annual bonus equal to her 2024 bonus, but no pro rata bonus for 2026.
  • Lazard expects deferred incentive awards originally due to vest March 1, 2026 to vest and settle on one or more earlier dates in February 2026.
  • Farr must give three months' written notice to terminate his employment.

The filing

CompanyLazard (LAZ)
Form8-K, current report
Filed with the SECFeb 2, 2026, 5:00 PM ET
Accession number0001628280-26-004678

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:01 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 02, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.