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William H. McRaven Joins Lazard

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Lazard Ltd (NYSE: LAZ) has announced the immediate appointment of William H. McRaven, a retired US Navy four-star admiral, as a Senior Advisor in its Financial Advisory business. McRaven is recognized for his extensive military experience, including overseeing Operation Neptune Spear, which resulted in the death of Osama bin Laden. Kenneth M. Jacobs, CEO of Lazard, emphasized McRaven's unique knowledge of the global geopolitical landscape as a valuable asset for the firm and its clients in navigating complex global challenges.

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  • Appointment of William H. McRaven enhances Lazard's advisory capabilities.
  • McRaven's experience in global geopolitical issues may attract new clients.
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Lazard Ltd (NYSE: LAZ) announced today that William H. McRaven has joined the firm, effective immediately. McRaven, a retired US Navy four-star admiral and former head of the US Special Operations Command, will be a Senior Advisor in the firm’s Financial Advisory business.

(Photo: Business Wire)

(Photo: Business Wire)

“Bill McRaven is one of the world’s most respected leaders with a deep, broad and distinctive knowledge of the constantly changing world stage,” said Kenneth M. Jacobs, Chairman and Chief Executive Officer of Lazard. “The combination of his experience and understanding of the global geopolitical environment is a perfect fit with Lazard.”

“We welcome the ability to offer our clients and bankers access to Bill’s invaluable perspectives as we navigate the rapidly evolving global landscape together,” said Peter R. Orszag, Chief Executive Officer of Financial Advisory, Lazard.

Admiral William H. McRaven retired from the US Navy as a four-star admiral in 2014. During his 37-year military career, he commanded special operations forces at every level, eventually taking charge of the US Special Operations Command. His career included service during Desert Storm and both the Iraq and Afghanistan wars. McRaven oversaw Operation Neptune Spear, the raid that killed Osama bin Laden in May 2011. He is currently a professor of National Security, LBJ School of Public Affairs, the University of Texas. From 2015-2018, he was chancellor of the University of Texas system, overseeing 14 institutions with 220,000 students, 20,000 faculty, and over 80,000 health care professionals, researchers and staff. McRaven is a New York Times best-selling author of several books, including Make Your Bed: Little Things That Can Change Your Life…And Maybe the World; Sea Stories: My Life in Special Operations; and The Hero Code: Lessons Learned from Lives Well Led (April 2021).

About Lazard

Lazard, one of the world's preeminent financial advisory and asset management firms, operates from more than 40 cities across 25 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. For more information on Lazard, please visit www.lazard.com. Follow Lazard at @Lazard.

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FAQ

Who is William H. McRaven and what is his role at Lazard?

William H. McRaven is a retired US Navy four-star admiral who has joined Lazard as a Senior Advisor in its Financial Advisory business.

What experience does McRaven bring to Lazard?

McRaven brings extensive military experience, including commanding special operations forces and overseeing significant operations like the raid on Osama bin Laden.

What is the significance of McRaven's appointment for Lazard's clients?

McRaven's knowledge of the global geopolitical landscape provides valuable insights for Lazard's clients as they navigate complex international markets.

When did William H. McRaven join Lazard?

William H. McRaven joined Lazard effective immediately upon the announcement.

What is Lazard known for?

Lazard is known for its financial advisory and asset management services, providing advice on mergers, acquisitions, and corporate finance.

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