Marianne Spraggins resigned as CEO and co-chairman of WR Lazard & Co., saying the Lazard board of directors won't approve restructuring plans that would recapitalize the struggling firm. Ms. Spraggins joined the investment banking firm last year.
Hugo Wildmann was named retirement systems administrator for the Alameda-Contra Costa Transit District, Oakland, Calif. He replaces Sheila Levin, acting administrator. Her new title and duties are not yet known.
Mr. Wildmann had been treasurer at San Francisco Savings and Loan, where his duties included oversight of the defined benefit plan. His position had been eliminated