The estimated Net Worth of Richard D Parsons is at least $1.84 Milion dollars as of 30 November 2021. Mr. Parsons owns over 1,400 units of Lazard stock worth over $138,624 and over the last 21 years he sold LAZ stock worth over $1,322,392. In addition, he makes $379,242 as Lead Independent Director at Lazard.
Richard has made over 12 trades of the Lazard stock since 2010, according to the Form 4 filled with the SEC. Most recently he sold 1,400 units of LAZ stock worth $469,378 on 30 November 2021.
The largest trade he's ever made was exercising 32,112 units of Lazard stock on 17 February 2015 worth over $831,380. On average, Richard trades about 708 units every 25 days since 2003. As of 30 November 2021 he still owns at least 3,042 units of Lazard stock.
You can see the complete history of Mr. Parsons stock trades at the bottom of the page.
Richard D. Parsons serves as an Lead Independent Director of the Company. Mr. Parsons is a co-founder and partner of Imagination Capital LLC, a venture capital firm launched in November 2017, and has been a senior advisor to Providence Equity Partners LLC since September 2009. Mr. Parsons is a member of the board of directors of The Estée Lauder Companies Inc. and The Madison Square Garden Company. From September 2018 to October 2018, Mr. Parsons served as the interim Chairman of the board of directors of CBS Corporation. From May 2014 to September 2014, Mr. Parsons served as the interim Chief Executive Officer of the Los Angeles Clippers. Mr. Parsons previously served as Chairman of the board of directors of Citigroup Inc. from February 2009 through April 2012, and had served as a director of Citigroup Inc. since 1996. From May 2003 until his retirement in December 2008, Mr. Parsons served as Chairman of the board of directors of Time Warner Inc., and from May 2002 until December 2007, Mr. Parsons served as Chief Executive Officer of Time Warner Inc. Mr. Parsons was formerly Chairman and Chief Executive Officer of Dime Bancorp, Inc. Among his numerous community and nonprofit activities, Mr. Parsons is Chairman of the Apollo Theater Foundation, Chairman of the board of trustees of the Rockefeller Foundation, Chairman of the Jazz Foundation of America, and a member of the board of directors of the Commission on Presidential Debates. Mr. Parsons was selected to be a director of Lazard because of his extensive and diverse leadership experience with both financial services and non-financial services businesses.
As the Lead Independent Director of Lazard, the total compensation of Richard Parsons at Lazard is $379,242. There are 10 executives at Lazard getting paid more, with Kenneth Jacobs having the highest compensation of $10,509,600.
Richard Parsons is 72, he's been the Lead Independent Director of Lazard since 2018. There are 2 older and 19 younger executives at Lazard. The oldest executive at Lazard Inc. is Philip Laskawy, 78, who is the Independent Director.
Richard's mailing address filed with the SEC is C/O LAZARD, INC., 30 ROCKEFELLER PLAZA, NEW YORK, NY, 10112.
Over the last 20 years, insiders at Lazard have traded over $109,396,611 worth of Lazard stock and bought 2,800 units worth $98,616 . The most active insiders traders include Sachs Group Incgoldman Sach..., Daniel H Schulman a Kenneth M Jacobs. On average, Lazard executives and independent directors trade stock every 52 days with the average trade being worth of $4,008,519. The most recent stock trade was executed by Kenneth M Jacobs on 3 September 2024, trading 189,004 units of LAZ stock currently worth $9,092,982.
lazard, one of the world’s preeminent financial advisory and asset management firms, operates from 43 cities across 27 countries in north america, europe, asia, australia, central and south america. with origins dating to 1848, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals. social media disclosure: https://www.lazard.com/social-media-disclosure/
Lazard executives and other stock owners filed with the SEC include: