Lazard May Tap More Than One to Run Firm

Stock quotes in this article: LAZ  

NEW YORK (TheStreet) -- Lazard(LAZ Quote), a top merger and acquisition advisory firm, may be leaning toward a multi-headed management structure following the death of CEO Bruce Wasserstein last month, the New York Post reports.

The investment firm's board may pick more than one person to lead the company, the Post reports, citing a source.

Ken Jacobs could be named as CEO, one source said, adding that Steve Golub, currently interim CEO, may be tapped as chairman. Vice Chairman Gary Parr also could receive a leadership role, the newspaper reports. .

No decisions have been finalized and Lazard's board isn't expected to announce Wasserstein's successor for another two weeks, a source said.

A Lazard spokeswoman declined to comment for the newspaper.

-- Reported by Joseph Woelfel in New York .

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