Kenneth M. Jacobs
Encyclopedia
Kenneth M. Jacobs is the Chairman and Chief Executive Officer of Lazard
Lazard
Lazard Ltd is the parent company of Lazard Group LLC, a global, independent investment bank with approximately 2,300 employees in 42 cities across 27 countries throughout Europe, North America, Asia, Australia, Central and South America...

 since November 16, 2009. He was selected to succeed Bruce Wasserstein
Bruce Wasserstein
Bruce Jay Wasserstein was an American investment banker and businessman. He was a graduate of the McBurney School, University of Michigan, Harvard Business School, and Harvard Law School, and spent a year at Cambridge University...

 after Wasserstein died October 14, 2009.

Kenneth Jacobs joined Lazard in 1988 after graduating from the Stanford Graduate School of Business
Stanford Graduate School of Business
The Stanford Graduate School of Business is one of the professional schools of Stanford University, in Stanford, California and is broadly regarded as one of the best business schools in the world.The Stanford GSB offers a general management Master of Business Administration degree, the Sloan...

. In 1991, Jacobs was named a Lazard Partner. In 2002, Jacobs was named Deputy Chairman and Head of North America for Lazard. In this role, he focused on enhancing the firm's business by entering into new markets and adding new practices, such as restructuring, strategic capital structure advice, and private fund advisory. He also focused on bringing in new staff specializing in power and energy, technology and healthcare. Jacobs has also expanded Lazard’s Financial Advisory business through an acquisition in the US Middle Market, which is now called Lazard Middle Market.

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