|Robert C. Clark
In a statement of its own, Lazard said, “While there was not and is not any conflict between professor Clark’s position on the boards of Lazard and Time Warner, we understand his decision, respect his integrity and thank him for his service for Lazard.”
Mr. Clark joined Lazard’s board May 10, a few days after shares in the newly public company began trading. He has written books and spoken often about corporate governance issues, including corporate conflicts of interest.
Lazard announced Nov. 29 that it had agreed to advise Mr. Icahn in his effort to replace most of Time Warner’s board of directors.