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Lazard appoints Krap to lead European Consumer, Retail & Leisure advisory

Oct 19, 2026, 3:24 AM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Senior hire in Europe signals potential for stronger deal flow in consumer sectors; could lift sentiment and future advisory revenue, though near-term cash flow impact is limited.

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Lazard announced the appointment of David Krap as Managing Director and Co-Head of European Consumer, Retail & Leisure, expanding its European advisory leadership. Krap brings over two decades in consumer-focused M&A advisory from JPMorgan and other firms. The hire supports Lazard's 2030 strategy to grow MD ranks and bolster Europe capabilities, potentially increasing deal flow in consumer sectors over time.

Lazard names David Krap MD and Co-Head of European Consumer, Retail & Leisure.
Krap has 20+ years in consumer-focused M&A, most recently at JPMorgan.
Based in London, he strengthens Lazard’s Europe platform under the 2030 strategy.
The move signals Lazard’s ongoing talent investment to expand advisory capability.

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