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Topic: Alan Schwartz

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Alan D. Schwartz is executive chairman of Guggenheim Partners, LLC, an investment banking firm based in Chicago and New York. He was the last CEO and chairman of Bear Stearns before its acquisition by JPMorgan Chase & Co., having succeeded James (Jimmy) E. Cayne. Schwartz became sole president in August 2007.

Alan Schwartz joined Bear Stearns in 1976. He became executive vice president and head of the Investment Banking Division in 1985.

He became Co-President and Co-COO on June 25, 2001. He became sole President and COO after Warren Spector was forced to resign. Schwartz took over as CEO on January 8, 2008 when the stock (BSC) traded at slightly over $75 per share. Within a week of its merger with JPMorgan Chase on March 16, 2008, BSC stock drastically declined to $5.33 per share.

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It uses material from the Wikipedia article "Alan Schwartz."