Peter R. Orszag

Peter Orszag
Orszag in 2023
37th Director of the Office of Management and Budget
In office
January 20, 2009  July 20, 2010
PresidentBarack Obama
DeputyRob Nabors
Preceded byJim Nussle
Succeeded byJeff Zients (Acting)
7th Director of the Congressional Budget Office
In office
January 18, 2007  November 25, 2008
Preceded byDouglas Holtz-Eakin
Succeeded byDouglas Elmendorf
Personal details
Born
Peter Richard Orszag

(1968-12-16) December 16, 1968
Boston, Massachusetts, U.S.
Political partyDemocratic
Spouses
Cameron Hamill
(m. 1997; div. 2006)
    (m. 2010)
    Children5
    EducationPhillips Exeter Academy Princeton University (BA)
    London School of Economics (MS, PhD)

    Peter Richard Orszag (born December 16, 1968) is an American business executive and former government official. He is the chief executive officer (CEO) and chairman of Lazard. Announced as Lazard's incoming CEO on May 26, 2023, he assumed the role on October 1, 2023, also joining the board.

    Prior to becoming Lazard CEO, Orszag was CEO 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 was a Vice Chairman of Corporate and Investment Banking and Chairman of the Financial Strategy and Solutions Group at Citigroup. Prior to that, he was the 37th Director of the Office of Management and Budget (OMB) under President Barack Obama and had also been 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 is 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.