Lazard Appoints Tracy Farr as CFO Effective February 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 23h ago
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Source: seekingalpha
- New CFO Appointment: Lazard has appointed Tracy Farr as CFO, effective February 1, 2026, bringing over 20 years of finance experience, including more than a decade at Lazard as a managing director, highlighting the firm's commitment to internal talent development.
- Transition Support: Former CFO Mary Ann Betsch will serve as a senior advisor to assist in the transition; since joining Lazard in 2022, she has played a crucial role in strengthening the firm's financial operations and enhancing reporting and planning functions, ensuring a smooth leadership change.
- Financial Background: Before joining Lazard, Farr was a certified public accountant and consultant at EY and a researcher at the Financial Accounting Standards Board, providing a robust financial strategy foundation for Lazard's future initiatives.
- Future Outlook: This appointment not only reflects Lazard's focus on nurturing and reusing internal talent but also indicates the company's ongoing commitment to enhancing financial management and strategic planning, aiming to further strengthen its competitive position in the market.
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Analyst Views on LAZ
Wall Street analysts forecast LAZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LAZ is 54.50 USD with a low forecast of 46.00 USD and a high forecast of 59.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
1 Buy
1 Hold
2 Sell
Hold
Current: 52.610
Low
46.00
Averages
54.50
High
59.00
Current: 52.610
Low
46.00
Averages
54.50
High
59.00
About LAZ
Lazard, Inc. is a financial advisory and asset management company, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Its segments include Financial Advisory and Asset Management. Financial Advisory segment offers corporate, partnership, institutional, government, sovereign and individual clients across the globe a range of advisory services including mergers and acquisitions advisory, capital markets advisory, shareholder advisory, sovereign advisory, geopolitical advisory, restructuring and liability management, capital raising and placement, and other strategic matters. Asset Management segment offers a range of global investment solutions and investment and wealth management services in equity and fixed income strategies, asset allocation strategies, alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries and private wealth clients.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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