Charles Schwab Management
Management criteria checks 3/4
Charles Schwab's CEO is Walt Bettinger, appointed in Oct 2008, has a tenure of 15.5 years. total yearly compensation is $23.87M, comprised of 6.3% salary and 93.7% bonuses, including company stock and options. directly owns 0.045% of the company’s shares, worth $60.30M. The average tenure of the management team and the board of directors is 6.2 years and 11.4 years respectively.
Key information
Walt Bettinger
Chief executive officer
US$23.9m
Total compensation
| CEO salary percentage | 6.3% |
| CEO tenure | 15.5yrs |
| CEO ownership | 0.04% |
| Management average tenure | 6.2yrs |
| Board average tenure | 11.4yrs |
Recent management updates
Recent updates
Schwab And Netflix Post-Earnings: Both Stocks Still Well Off All-Time '21 Highs
Apr 23Charles Schwab Earnings Preview: Cash Sorting Remains An Issue (Rating Downgrade)
Apr 12The Charles Schwab Corporation (NYSE:SCHW) Not Flying Under The Radar
Mar 24
Charles Schwab: The Bull Market Could Supercharge Earnings
Mar 23Charles Schwab: A Mix Between Headwinds And A Robust Legacy Business That Justify A Hold Rating
Mar 13Charles Schwab: Mr. Market Says Actions Speak Louder Than Words
Feb 14Charles Schwab (NYSE:SCHW) Will Pay A Dividend Of $0.25
Jan 30Charles Schwab: A Solid Value Play
Jan 20Analysts Are Updating Their The Charles Schwab Corporation (NYSE:SCHW) Estimates After Its Full-Year Results
Jan 19A Mixed Picture For Charles Schwab Warrants A Downgrade At Last
Jan 05Charles Schwab Is Likely A Major Beneficiary Of 2024 Rate Cuts (Rating Upgrade)
Dec 28Charles Schwab: Expecting A Bottom At The Technical Support Level
Nov 24Charles Schwab: Avoid, As Earnings Pressure Haunts Outlook
Oct 23Charles Schwab: Investors Struck By Fear Ran For Cover - Here's Why I Didn't Flee
Oct 13Charles Schwab: A Tough Third Quarter Coming Up
Oct 02Let's Build A Bond Portfolio Together: Charles Schwab Bonds Yield 5.7%
Sep 18Charles Schwab: A Discounted Behemoth, Buy The Earnings Contraction
Aug 22Charles Schwab: The Perpetual Growth Machine
Aug 16Does Charles Schwab (NYSE:SCHW) Deserve A Spot On Your Watchlist?
Aug 04Charles Schwab: Get Ready For Multiple Quarters Of Margin Expansion (Rating Upgrade)
Jul 28Charles Schwab Stock: The Surge After Q2 Earnings Justified
Jul 19Charles Schwab: The Fed Cleared The Path For A Higher Valuation
Jul 10Charles Schwab: Buy While The Market Is Pessimistic
Jun 26Charles Schwab: The Multi-Trillion Dollar Asset Play That Just Gave You Billions More Reasons To Buy
Jun 17Charles Schwab: No Fat Pitch Here
May 30Charles Schwab's (NYSE:SCHW) Upcoming Dividend Will Be Larger Than Last Year's
Apr 30Does Charles Schwab (NYSE:SCHW) Deserve A Spot On Your Watchlist?
Mar 29Charles Schwab's client assets climb 6% M/M in January on market strength
Feb 14Schwab Continues Increasing Net Interest Revenue
Feb 03Charles Schwab (NYSE:SCHW) Is Paying Out A Larger Dividend Than Last Year
Jan 30Charles Schwab acquires Family Wealth Alliance, terms not disclosed
Jan 24Charles Schwab Q4 2022 Earnings Preview
Jan 17Charles Schwab Offers A Win-Win Proposition For Investors In 2023
Dec 28Chalres Schwab's client assets advance 5% from prior month
Dec 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$4b |
| Dec 31 2023 | US$24m | US$2m | US$5b |
| Sep 30 2023 | n/a | n/a | US$6b |
| Jun 30 2023 | n/a | n/a | US$6b |
| Mar 31 2023 | n/a | n/a | US$7b |
| Dec 31 2022 | US$24m | US$1m | US$7b |
| Sep 30 2022 | n/a | n/a | US$6b |
| Jun 30 2022 | n/a | n/a | US$6b |
| Mar 31 2022 | n/a | n/a | US$5b |
| Dec 31 2021 | US$22m | US$1m | US$5b |
| Sep 30 2021 | n/a | n/a | US$5b |
| Jun 30 2021 | n/a | n/a | US$4b |
| Mar 31 2021 | n/a | n/a | US$4b |
| Dec 31 2020 | US$16m | US$1m | US$3b |
| Sep 30 2020 | n/a | n/a | US$3b |
| Jun 30 2020 | n/a | n/a | US$3b |
| Mar 31 2020 | n/a | n/a | US$3b |
| Dec 31 2019 | US$16m | US$1m | US$4b |
| Sep 30 2019 | n/a | n/a | US$4b |
| Jun 30 2019 | n/a | n/a | US$4b |
| Mar 31 2019 | n/a | n/a | US$4b |
| Dec 31 2018 | US$16m | US$1m | US$3b |
| Sep 30 2018 | n/a | n/a | US$3b |
| Jun 30 2018 | n/a | n/a | US$3b |
| Mar 31 2018 | n/a | n/a | US$2b |
| Dec 31 2017 | US$14m | US$1m | US$2b |
Compensation vs Market: Walt's total compensation ($USD23.87M) is above average for companies of similar size in the US market ($USD13.53M).
Compensation vs Earnings: Walt's compensation has been consistent with company performance over the past year.
CEO
Walt Bettinger (62 yo)
15.5yrs
Tenure
US$23,871,744
Compensation
Mr. Walter William Bettinger II also known as Walt, has been Chief Executive Officer and Director at The Charles Schwab Corporation since late 2008 and has been its Co-Chairman since July 2022 and joined t...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Co-Chairman | 38.3yrs | US$7.52m | 1.17% $ 1.6b | |
| CEO & Co-Chairman | 15.5yrs | US$23.87m | 0.045% $ 60.3m | |
| President | 2.5yrs | US$11.16m | 0.0056% $ 7.5m | |
| CFO & MD | 6.9yrs | US$4.99m | 0.0033% $ 4.5m | |
| MD & COO | 6.2yrs | US$9.16m | 0.014% $ 18.3m | |
| MD & CTO | no data | no data | no data | |
| MD & Head of Investor Relations | no data | no data | no data | |
| MD, General Counsel & Corporate Secretary | 4.4yrs | no data | 0.000010% $ 13.5k | |
| MD and Head of Corporate Relations & Institutional Marketing | no data | no data | no data | |
| MD & Chief Marketing Officer | 1.3yrs | no data | no data | |
| MD & Head of Human Resources | no data | no data | no data | |
| MD & Head of International Services | no data | no data | no data |
6.2yrs
Average Tenure
59yo
Average Age
Experienced Management: SCHW's management team is seasoned and experienced (6.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Co-Chairman | 38.3yrs | US$7.52m | 1.17% $ 1.6b | |
| CEO & Co-Chairman | 15.5yrs | US$23.87m | 0.045% $ 60.3m | |
| Independent Director | 9.5yrs | US$400.04k | 0.025% $ 33.9m | |
| Independent Director | 14.5yrs | US$350.04k | 0.0012% $ 1.6m | |
| Independent Director | 22.3yrs | US$365.04k | 0.0062% $ 8.3m | |
| Independent Director | 28.3yrs | US$380.04k | 0.012% $ 15.8m | |
| Independent Director | 3.5yrs | US$330.03k | 0.0013% $ 1.7m | |
| Independent Director | 6.5yrs | US$380.04k | 0.0011% $ 1.5m | |
| Independent Director | 9.3yrs | US$400.04k | 0.0022% $ 3.0m | |
| Independent Director | 11.5yrs | US$350.04k | 0.0061% $ 8.2m | |
| Director | 1.5yrs | US$672.40k | 0.13% $ 170.2m | |
| Independent Director | 11.3yrs | US$370.04k | 0.0012% $ 1.7m |
11.4yrs
Average Tenure
68yo
Average Age
Experienced Board: SCHW's board of directors are seasoned and experienced ( 11.4 years average tenure).