Lazard Ltd. (LAZ:US), the largest independent merger-advisory firm, named Archie Norman non-executive chairman of Lazard London.
Norman, 59, will work with William Rucker, chief executive officer of the New York-based firm’s London business, the company said in an e-mailed statement today. Norman has been an adviser to Lazard since 2003 and is chairman of ITV Plc (ITV), owner of the U.K.’s biggest commercial television station.
Lazard advises companies on mergers and acquisitions, raising capital and reorganizing their businesses. It employs people in business and politics including Paul Keating, the former prime minister of Australia, Peter Mandelson, former U.K. business secretary, and Ron Bloom, a former assistant to the Obama administration on manufacturing policy.
“Archie Norman is one of the most respected business leaders in the U.K.,” said Ken Jacobs, Lazard’s chairman and CEO, in the statement. “Our clients will benefit from his experience and relationships, as will our London team and the entire Lazard global network.”
Norman has led some of the U.K.’s largest companies including as CEO of supermarket chain Asda and as a senior executive at home-improvement retailer Kingfisher Plc. He also served for eight years as a member of Parliament for the Conservative Party.
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