Lazard Welcomes Michael Ure as Senior Advisor in Energy Sector
Lazard, Inc. (NYSE: LAZ) is excited to announce the addition of Michael Ure as a Senior Advisor in its Power, Energy & Infrastructure Group. Ure, who brings over two decades of executive and investment experience, will be based in Houston. Previously, he served as President and CEO of Western Midstream Partners, where he was instrumental in guiding the company through a significant transition into a standalone entity focused on midstream operations. His leadership experience encompasses crucial roles at industry giants like Occidental Petroleum and Shell Upstream Americas, which positions him uniquely to provide expert insights into the energy sector.
In welcoming Ure to the team, George Bilicic, Lazard's Global Head of Power, Energy & Infrastructure, stated, "Michael possesses a rare viewpoint stemming from his background as a senior operator who has successfully navigated a major midstream business through critical organizational changes. His insights into capital allocation and transaction strategies will allow us to better understand and address the challenges our clients are facing."
Peter Orszag, Lazard's CEO and Chairman, echoed the enthusiasm, "The appointment of Michael as a Senior Advisor is a testament to our ongoing investment in enhancing our advisory talent and capabilities. Our strategic vision for 2030 centers on what we term 'contextual alpha,' which is a blend of profound expertise, leadership experience, and a global viewpoint, all of which are essential in addressing our clients' complex situations."
Michael himself expressed his eagerness to collaborate with Lazard’s team and contribute to the evolving energy landscape. He stated, "The shifts occurring within the power and energy sector make it a prime opportunity for strategic guidance. Lazard’s reputation for deep expertise and thought leadership in this field makes it the perfect place for me to apply my background and help our clients navigate these dynamic times successfully."
Ure holds an MBA from the University of Chicago and a B.S. from Westminster University. He has held significant positions in various boards, including Phoenix Service Partners, L.P. and previously with Western Midstream Partners and The American Petroleum Institute (API).
Founded in 1848, Lazard stands as a leading financial advisory and asset management firm with a global footprint, including operations across North and South America, Europe, the Middle East, Asia, and Australia. The firm specializes in a variety of advisory services including mergers and acquisitions, capital markets strategies, restructuring, and asset management. Lazard is publicly traded on the New York Stock Exchange under the ticker symbol LAZ. For further information, they encourage visiting their website at Lazard.com and connecting on LinkedIn.
In summary, Michael Ure’s extensive background and insights are poised to enhance Lazard's advisory capabilities in the energy sector, which is currently experiencing substantial transformation. With Ure on board, Lazard is well-positioned to provide comprehensive, informed advice to its clients, ensuring their success in an ever-evolving industry landscape.
In welcoming Ure to the team, George Bilicic, Lazard's Global Head of Power, Energy & Infrastructure, stated, "Michael possesses a rare viewpoint stemming from his background as a senior operator who has successfully navigated a major midstream business through critical organizational changes. His insights into capital allocation and transaction strategies will allow us to better understand and address the challenges our clients are facing."
Peter Orszag, Lazard's CEO and Chairman, echoed the enthusiasm, "The appointment of Michael as a Senior Advisor is a testament to our ongoing investment in enhancing our advisory talent and capabilities. Our strategic vision for 2030 centers on what we term 'contextual alpha,' which is a blend of profound expertise, leadership experience, and a global viewpoint, all of which are essential in addressing our clients' complex situations."
Michael himself expressed his eagerness to collaborate with Lazard’s team and contribute to the evolving energy landscape. He stated, "The shifts occurring within the power and energy sector make it a prime opportunity for strategic guidance. Lazard’s reputation for deep expertise and thought leadership in this field makes it the perfect place for me to apply my background and help our clients navigate these dynamic times successfully."
Ure holds an MBA from the University of Chicago and a B.S. from Westminster University. He has held significant positions in various boards, including Phoenix Service Partners, L.P. and previously with Western Midstream Partners and The American Petroleum Institute (API).
Founded in 1848, Lazard stands as a leading financial advisory and asset management firm with a global footprint, including operations across North and South America, Europe, the Middle East, Asia, and Australia. The firm specializes in a variety of advisory services including mergers and acquisitions, capital markets strategies, restructuring, and asset management. Lazard is publicly traded on the New York Stock Exchange under the ticker symbol LAZ. For further information, they encourage visiting their website at Lazard.com and connecting on LinkedIn.
In summary, Michael Ure’s extensive background and insights are poised to enhance Lazard's advisory capabilities in the energy sector, which is currently experiencing substantial transformation. With Ure on board, Lazard is well-positioned to provide comprehensive, informed advice to its clients, ensuring their success in an ever-evolving industry landscape.
Topics Financial Services & Investing）
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