Peter R. Orszag

Peter Orszag
Peter Orszag in 2023
37th Director of the Office of Management and Budget
In office
January 20, 2009 – July 20, 2010
PresidentBarack Obama
DeputyRob Nabors
Preceded byJim Nussle
Succeeded byJeff Zients (Acting)
7th Director of the Congressional Budget Office
In office
January 18, 2007 – November 25, 2008
Preceded byDouglas Holtz-Eakin
Succeeded byDouglas Elmendorf
Personal details
Born
Peter Richard Orszag

(1968-12-16) December 16, 1968 (age 55)
Boston, Massachusetts, U.S.
Political partyDemocratic
Spouses
Cameron Hamill
(m. 1997; div. 2006)
(m. 2010)
Children5
EducationPhillips Exeter Academy Princeton University (BA)
London School of Economics (MS, PhD)

Peter Richard Orszag (born December 16, 1968) is an American business executive and former government official. He is the Chief Executive Officer of Lazard.[1]

Orszag was announced as Lazard’s incoming CEO on May 26, 2023. He assumed the role on October 1, 2023, at which time he also became a Board Director.[2]

Prior to becoming CEO, Orszag was Chief Executive Officer of Lazard's Financial Advisory from April 2019 to September 2023.[3] He was previously Head of North American Mergers & Acquisitions and Global Co-Head of Healthcare from July 2018 to June 2019. Orszag joined Lazard as Vice Chairman of Investment Banking in May 2016.[4][5]

Prior to Lazard, Orszag served as a Vice Chairman of Corporate and Investment Banking and Chairman of the Financial Strategy and Solutions Group at Citigroup.[6] Before joining Citigroup, he was a Distinguished Visiting Fellow at the Council on Foreign Relations and a contributing columnist for the New York Times op-ed page.[7] Prior to that, he was the 37th Director of the Office of Management and Budget (OMB) under President Barack Obama and had also served as the Director of the Congressional Budget Office (CBO).

Orszag is a member of the National Academy of Medicine of the National Academies of Sciences. He serves on the Boards of Directors of the Peterson Institute for International Economics, the Mount Sinai Hospital, and New Visions for Public Schools in New York. He has also been on the board of the Russell Sage Foundation.[8]

  1. ^ Hirsch, Lauren (26 May 2023). "Lazard Names Peter Orszag to Succeed Ken Jacobs as C.E.O." The New York Times. Retrieved 1 October 2023.
  2. ^ Indap, Sujeet; Fontanella-Khan, James (26 May 2023). "Lazard appoints Peter Orszag as chief executive". Financial Times. Retrieved 1 October 2023.
  3. ^ Indap, Sujeet; Agnew, Harriet; Massoudi, Arash (13 November 2019). "Ex-Obama adviser leads Lazard quest for bigger share of dealmaking". Financial Times. Retrieved 1 October 2023.
  4. ^ J. de la Merced, Michael (24 February 2016). "Ex-Obama Cabinet Official Joins Lazard". The New York Times. Retrieved 1 October 2023.
  5. ^ Cite error: The named reference Lazard was invoked but never defined (see the help page).
  6. ^ "Citigroup's Orszag to Oversee Strategy Unit as Chiefs Picked". Bloomberg News. 25 February 2013.
  7. ^ Archived 15 October 2012 at the Wayback Machine
  8. ^ "Peter Orszag Appointed to RSF Board of Trustees". The Russell Sage Foundation. September 2014. Archived from the original on 6 September 2014. Retrieved 6 September 2014.

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