Lazard shareholders approve board declassification amendment at annual meeting

Lazard Inc

Lazard Inc

LAZ

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  • Shareholders met on May 21, 2026, backing a charter amendment to phase out the board’s classified structure over three years.
  • The charter amendment was executed on May 22, 2026, when the filing became effective, triggering conforming changes to the bylaws that took effect immediately.
  • Investors also endorsed an amendment to the 2018 Incentive Compensation Plan.
  • Shareholders ratified Deloitte & Touche as independent registered public accounting firm for 2026, authorizing the audit committee to set its remuneration.


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