Amy Webber to replace Eric Schwartz as CEO of Cambridge Investment Research

Mr. Schwartz will still be involved as executive chairman of the independent broker-dealer he founded

Jan 3, 2017 @ 12:54 pm | By Bruce Kelly | Investment News

Eric Schwartz, the founder of independent broker-dealer Cambridge Investment Research Inc., has stepped down as the firm’s CEO and has been replaced by longtime executive Amy Webber, who will also remain the firm’s president.

Mr. Schwartz, who also held the title of chairman, is now executive chairman of the board, the company said in a statement Tuesday.

Ms. Webber has been the president of Cambridge for the last decade and has been with the firm since 1998, according to her BrokerCheck report.

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