Walt Bettinger to Retire as CEO
Charles Schwab Corporation (The) (SCHW)
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Source: Business Wire
Will Continue Serving as Executive Co-Chairman of the Board of DirectorsRick Wurster Named CEO to Succeed Bettinger WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation today announced, as part of its multi-year succession plan, that Walt Bettinger has notified the Board of Directors of his intention to retire as Chief Executive Officer effective December 31, 2024. Rick Wurster, President of Schwab since 2021, will be named President and CEO and will join the Schwab Board of Directors, effective January 1, 2025. Bettinger will continue to serve as Executive Co-Chairman of the Board of Directors, along with founder Charles R. Schwab.Bettinger has successfully led Schwab as CEO since late 2008. Some of the major accomplishments during his tenure to date include (figures through the end of August 2024, the last publicly available data):Client assets grew from $1.14 trillion to $9.74 trillion.Client brokerage, banking, and workplace participant accounts grew from 9.3 millio
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SCHW
News
- The Charles Schwab Co. (NYSE: SCHW) had its price target lowered by analysts at Jefferies Financial Group Inc. from $79.00 to $73.00. They now have a "buy" rating on the stock.MarketBeat
- The Charles Schwab Co. (NYSE: SCHW) had its price target lowered by analysts at Citigroup Inc. from $75.00 to $72.00. They now have a "neutral" rating on the stock.MarketBeat
- The Charles Schwab Co. (NYSE: SCHW) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $71.00 to $67.00. They now have a "neutral" rating on the stock.MarketBeat
- Schwab Asset Management Announces ETF Share SplitsBusiness Wire
- Schwab Retirement Plan Services Ranks #1 in J.D. Power 2024 U.S. Retirement Plan Digital Experience StudyBusiness Wire
SCHW
Earnings
- 7/16/24 - In-Line
SCHW
Sec Filings
- 9/20/24 - Form 4
- 8/26/24 - Form N-PX
- 8/26/24 - Form N-PX
- SCHW's page on the SEC website