Schwartz joined Guggenheim Partners, a global, independent and privately held financial services firm, in June 2009. Schwartz is the former Chief Executive Officer of The Bear Stearns Companies. During his career with Bear Stearns, he served as President and Chief Operating Officer, as Executive Vice President and co-head of investment banking, and in other financial management positions. He previously worked in various capacities with Wertheim & Company and R.W. Pressprich & Company. He earned a B.A. in management science from Duke in 1972. He was a member of the Duke Board of Trustees from 2005 until 2017, has served as chairman of the Fuqua School of Business Board of Visitors and as a member of the Athletic Advisory Board. Schwartz is a member of the boards of the Robin Hood Foundation, Marvin and Palmer, MENTOR: The National Mentoring Partnership, American Foundation for AIDS Research, NYU Langone Medical Center, Clinton Health Access Initiative and Madison Square Garden. Mr. Schwartz is married and has five children.