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Lazard names CEO of middle market advisory practice

Bermuda-based Lazard Ltd named Robert Frost CEO of its middle market advisory practice, effective July 2.

Frost succeeds David Solomon, who is stepping down and will take a more active role in the asset management firm's middle market consumer retail group. Frost, who joined the company in 2008 and is based in Minneapolis, will also serve as co-head of Lazard's middle market industrials group.