Obituary
Michel David-Weill, Who Led Lazard for 25 Years, Dies at 89
- Ran Lazard Freres during firm’s last decades as a partnership
- Following defections, he lost control of the bank in 2001
This article is for subscribers only.
Michel David-Weill, the Paris-born heir to the Lazard banking dynasty who ran the investment bank during its last quarter century as a closely held family business before his successor, Bruce Wasserstein, took it public in 2005, has died. He was 89.
He died Thursday night in New York, Lazard Ltd. Chief Executive Officer Ken Jacobs said.