Peter R. Orszag
2021
In 2021, Peter R. Orszag earned a total compensation of $8.5M as Chief Executive Officer of Lazard Financial Advisory at Lazard, a 4% increase compared to previous year.
Compensation breakdown
| Bonus | $4,350,000 |
|---|---|
| Salary | $750,000 |
| Stock Awards | $3,362,473 |
| Other | $58,583 |
| Total | $8,521,056 |
Orszag received $4.4M in bonus, accounting for 51% of the total pay in 2021.
Orszag also received $750K in salary, $3.4M in stock awards and $58.6K in other compensation.
Rankings
In 2021, Peter R. Orszag's compensation ranked 1,325th out of 12,405 executives tracked by ExecPay. In other words, Orszag earned more than 89.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,325 out of 12,405 | 89th |
Division Finance, Insurance, And Real Estate | 218 out of 2,278 | 90th |
Major group Security And Commodity Brokers, Dealers, Exchanges, And Services | 71 out of 215 | 67th |
Industry group Services Allied With The Exchange Of Securities | 37 out of 122 | 70th |
Industry Investment Advice | 37 out of 122 | 70th |
Pay ratio
| Peter R. Orszag's Pay | $8,521,056 |
|---|---|
| Median Employee's Pay | $216,902 |
| Pay Ratio | 39to 1 |
In 2021, the annual total compensation of Peter R. Orszag was $8,521,056.
The annual total compensation of the median employee at Lazard was $216,902.
The ratio of Peter R. Orszag's pay to the pay of median employee was therefore 39 to one.
Source: SEC filing on April 6, 2022.
Orszag's colleagues
We found four more compensation records of executives who worked with Peter R. Orszag at Lazard in 2021.