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Lazard Names Mary Ann Betsch Chief Financial Officer
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Lazard Ltd (NYSE: LAZ) has appointed Mary Ann Betsch as its new Chief Financial Officer (CFO), effective October 3. She takes over from Evan L. Russo, who served as CFO since 2017 and transitioned to CEO of Lazard's Asset Management division in June 2022. Betsch brings over 20 years of experience, having previously led finance at Citadel and worked at PwC. Her extensive financial background is expected to enhance Lazard's senior leadership and business strategy.
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Mary Ann Betsch has over 20 years of financial services experience.
Betsch's prior role at Citadel includes leading the finance and accounting functions.
Her expertise in finance is expected to enhance the firm's leadership.
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NEW YORK--(BUSINESS WIRE)--
Lazard Ltd (NYSE: LAZ) announced today that Mary Ann Betsch will join the firm as Chief Financial Officer (CFO), effective October 3. She succeeds Evan L. Russo, who has served as CFO since 2017, and who became Chief Executive Officer of Lazard’s Asset Management business on June 1, 2022.
(Photo: Business Wire)
“With over two decades of relevant financial services experience, Mary Ann has the financial and strategic acumen, leadership skills, and knowledge of our business to serve as our firm’s CFO and to lead our finance team,” said Kenneth M. Jacobs, Chairman and Chief Executive Officer of Lazard. “She will enhance our senior leadership, working closely with me, our business leaders and Lazard’s board of directors to serve all of our stakeholders.”
Ms. Betsch joins Lazard from Citadel, where she helped lead the finance and accounting function for the past four years. She began her career over 20 years ago at PwC, where she held audit and advisory roles, serving global investment banks and other financial institutions. In 2013, she joined a two-year fellowship program supported by the Federal Reserve Board’s Chief Accountant, returning to PwC as a partner in 2015. She earned a B.S. in Public Accounting at Fordham University, summa cum laude, and is a Certified Public Accountant.
About Lazard
Lazard, one of the world's preeminent financial advisory and asset management firms, operates from 41 cities across 26 countries in North, Central and South America, Europe, Asia and Australia. 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. For more information on Lazard, please visit www.lazard.com. Follow Lazard at @Lazard
