Frank Pizzitola, Lazard M&A Partner With Rohatyn, Dies at 89


Frank Pizzitola, a general partner at Lazard Freres & Co. who worked with such legendary figures as Andre Meyer, Michel David-Weill and Felix Rohatyn during a 21- year career at the investment bank, has died. He was 89.

Bloomberg reports that he died on December 17th at his home in Manhattan, according to his son, Stephen. The cause was heart failure.

'Frank was a good banker and a good friend, and we will all miss him', Rohatyn said in an e-mail. Rohatyn, 84, is now special adviser to Kenneth Jacobs, chairman and chief executive officer of Lazard Ltd. (LAZ), as the company is now known.

A veteran of the chemical industry, Pizzitola was one of the 'industrial men' brought into New York-based Lazard in the 1970s to carry out 'the long-overdue metamorphosis inside the firm toward industry specialization', William Cohan wrote in his 2007 book, The Last Tycoons: The Secret History of Lazard Freres & Co. His focus was mergers and acquisitions, a field Lazard dominated in the 1960s and 1970s.

A graduate of Harvard Business School, Pizzitola joined Lazard in New York in 1973 after serving as president of Jim Walter Corp., a building-materials company in Tampa, Florida.

As a general partner from 1973 to 1994, Pizzitola helped guide Lazard in its sometimes-turbulent final decades as a closely held family partnership.

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Frank Pizzitola, Lazard M&A Partner With Rohatyn, Dies at 89

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