Businessman Michelle David-Weil, former CEO of Lazard Bank and founder of Eurazeo Investment Company, died on Thursday at the age of 89, his family told AFP on Friday.
«Michelle David-Weil died on June 16, 2022 in New York, surrounded by his wife and daughters.says the family statement.
«Helen David-Weil և her daughters express their deepest sorrow և respect the memory of her exceptional husband, generous and passionate father և man who always seeks happiness through her curiosity about the economic world և arts. He will deeply celebrate his time“, He continues.
Michelle David-Weil announced in March that more than 20 years after the investment firm was formed, the chairmanship of the Eurazeo Supervisory Board will be handed over to Jean-Charles Deco, manager of the JC Decaux city advertising group.
He founded Eurazeo in April 2001, when he was CEO of Lazard Bank, merging Eurafrance և Azeo, the group’s two holding companies.
Michelle David-Weil joined Lazarus in 1956 at the age of 24 after attending the French High School in New York and then studying at the Sciences-Po Paris. He became the general director of the bank in 1975.
Under the leadership of Mr. David-Weil, Banque Lazard teams led major mergers, such as the French Vivendi’s Canadian Seagram or Publicis’s marriage to the British advertising agency Saatchi in 2000.
Michelle David-Weil was also the Honorary Vice President of the Danone Agri-Food Group, of which he was a shareholder in Eurazeo from 1987-2013.
Large collector-sponsor, in 1982 he was elected a member of the Free Members Department of the Academy of Fine Arts.
«His lifelong commitment to serving the influence of the arts and culture was hailed by the emblems of the Grand Cruze de la Legion d’Onour, Commander of the Officer of the National Order of Arts and Letters.– it is said in the press release of the Academy.
Source: Le Figaro
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