Gary W. Parr, who became Chairman of the New York Philharmonic in September 2009, is a vice chairman and a member of the board of directors of Lazard. For 30 years, Mr. Parr has focused on providing strategic advice to financial institutions worldwide. He advised on transactions such as the sale of Lehman Brothers’ North American investment banking business to Barclays, the sale of Bear Stearns to JPMorgan, the U.S. Treasury–led restructuring of Fannie Mae, Mitsubishi UFJ’s investment in Morgan Stanley, Kuwait’s investment in Citigroup, China Investment Corporation’s investment in Morgan Stanley, the merger of Bank of New York and Mellon, the New York Stock Exchange becoming public, and the sale of Donaldson Lufkin & Jenrette to Credit Suisse First Boston.
Prior to joining Lazard, Mr. Parr served Morgan Stanley in numerous capacities. He was a vice chairman of the Securities Business as well as chairman and head of Global Financial Institutions, having earlier co-headed the Global Mergers and Acquisitions Department. Prior to Morgan Stanley, Mr. Parr was with a group from First Boston that formed Wasserstein Perella, where he rose to co-president.
Mr. Parr currently serves as the chairman of Venetian Heritage as well as the chairman of the Parr Center for Ethics at the University of North Carolina at Chapel Hill. He previously served on the board of the Kenan-Flagler Business School of the University of North Carolina at Chapel Hill. He graduated with honors, Phi Beta Kappa and Beta Gamma Sigma, from the University of North Carolina and received his M.B.A. from Northwestern University.