Bruce Jay Wasserstein

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Bruce Wasserstein
Bruce Wasserstein.jpg
Occupation Legendary Financier - Deceased

Bruce Jay Wasserstein was a legendary financier. He had over 30 years of experience in the investment banking and mergers and acquisitions industry. He was chief executive of Lazard Group LLC at the time of his death in October of 2009.[1]

Wasserstein helped guide transactions including Philip Morris Cos.’ $13 billion purchase of Kraft Inc. in 1988, KKR& Co.’s $31.4 billion offer for RJR Nabisco Inc. in 1989 and the $15.7 billion merger of Time Inc. and Warner Bros. in 1990.

Background

Wasserstein learned mergers and acquisitions at First Boston Corporation, now part of Credit Suisse AG, and left in 1988 to found Wasserstein, Perella & Co.[2]

He also played a role in the development and growth of numerous Wasserstein & Co. portfolio companies.[3]

Education

He graduated with honors from the University of Michigan in 1967. In 1971, he graduated from Harvard Business School as a Baker Scholar with high distinction, and earned a JD (cum laude) from Harvard Law School. In 1972, he was a Knox Traveling Fellow at Cambridge University, earning a graduate diploma in Comparative Legal Studies in Economic Regulation.

References

  1. Bruce Wasserstein, a Wall Street Legend, Passes Away. BusinessWeek.
  2. Golub Interim Lazard CEO After Wasserstein’s Death. Bloomberg.
  3. Executive Profile - Bruce Jay Wasserstein J.D.. BusinessWeek.