Peter R. Orszag
Peter Richard Orszag (born December 16, 1968) is an American business executive and former government official. He is the Chief Executive Officer of Lazard.
Peter Orszag | |
|---|---|
Peter Orszag in 2023 | |
| 37th Director of the Office of Management and Budget | |
| In office January 20, 2009 – July 20, 2010 | |
| President | Barack Obama |
| Deputy | Rob Nabors |
| Preceded by | Jim Nussle |
| Succeeded by | Jeff Zients (Acting) |
| 7th Director of the Congressional Budget Office | |
| In office January 18, 2007 – November 25, 2008 | |
| Preceded by | Douglas Holtz-Eakin |
| Succeeded by | Douglas Elmendorf |
| Personal details | |
| Born | Peter Richard Orszag December 16, 1968 Boston, Massachusetts, U.S. |
| Political party | Democratic |
| Spouses | |
| Children | 5 |
| Education | Princeton University (BA) London School of Economics (MS, PhD) |
Orszag was announced as Lazard’s incoming CEO on May 26, 2023. He assumed the role on October 1, 2023, at which time he also became a Board Director.
Prior to becoming CEO, Orszag was Chief Executive Officer of Lazard's Financial Advisory from April 2019 to September 2023. He was previously Head of North American Mergers & Acquisitions and Global Co-Head of Healthcare from July 2018 to June 2019. Orszag joined Lazard as Vice Chairman of Investment Banking in May 2016.
Prior to Lazard, Orszag served as a Vice Chairman of Corporate and Investment Banking and Chairman of the Financial Strategy and Solutions Group at Citigroup. Before joining Citigroup, he was a Distinguished Visiting Fellow at the Council on Foreign Relations and a contributing columnist for the New York Times op-ed page. Prior to that, he was the 37th Director of the Office of Management and Budget (OMB) under President Barack Obama and had also served as the Director of the Congressional Budget Office (CBO).
Orszag is a member of the National Academy of Medicine of the National Academies of Sciences. He serves on the Boards of Directors of the Peterson Institute for International Economics, the Mount Sinai Hospital, and New Visions for Public Schools in New York. He has also been on the board of the Russell Sage Foundation.