Charles Schwab Management
Management criteria checks 3/4
Charles Schwab's CEO is Rick Wurster, appointed in Oct 2021, has a tenure of 3.33 years. total yearly compensation is $11.16M, comprised of 8.8% salary and 91.2% bonuses, including company stock and options. directly owns 0.008% of the company’s shares, worth €11.31M. The average tenure of the management team and the board of directors is 2.7 years and 11.3 years respectively.
Key information
Rick Wurster
Chief executive officer
US$11.2m
Total compensation
| CEO salary percentage | 8.8% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.008% |
| Management average tenure | 2.7yrs |
| Board average tenure | 11.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$5b |
| Sep 30 2024 | n/a | n/a | US$5b |
| Jun 30 2024 | n/a | n/a | US$4b |
| Mar 31 2024 | n/a | n/a | US$4b |
| Dec 31 2023 | US$11m | US$985k | 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$11m | US$877k | 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$11m | US$640k | US$5b |
Compensation vs Market: Rick's total compensation ($USD11.16M) is above average for companies of similar size in the German market ($USD4.85M).
Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.
CEO
Rick Wurster (50 yo)
3.3yrs
Tenure
US$11,157,363
Compensation
Mr. Richard Andrew Wurster, also known as Rick, CFA, CMT is President of The Charles Schwab Corporation from October 15, 2021 and serves as its CEO & Director since January 01, 2025. He joined the The Char...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Co-Chairman | 39.1yrs | US$7.52m | 1.14% € 1.7b | |
| CEO, President & Director | 3.3yrs | US$11.16m | 0.0077% € 11.3m | |
| MD & Chief Financial Officer | less than a year | no data | 0.0033% € 4.8m | |
| MD & CTO | no data | no data | no data | |
| Managing Director & Chief Information Officer | no data | no data | no data | |
| MD & Chief Administrative Officer | less than a year | no data | no data | |
| MD & Head of Investor Relations | no data | no data | no data | |
| MD, General Counsel & Corporate Secretary | 5.3yrs | no data | 0.000020% € 29.2k | |
| MD & Chief Marketing Officer | 2.1yrs | no data | no data | |
| Managing Director & Head of Human Resources | no data | no data | no data | |
| MD & Head of International Services | no data | no data | no data | |
| MD & Chief Banking Officer | no data | no data | 0.0039% € 5.6m |
2.7yrs
Average Tenure
55yo
Average Age
Experienced Management: SWG's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Co-Chairman | 39.1yrs | US$7.52m | 1.14% € 1.7b | |
| CEO, President & Director | less than a year | US$11.16m | 0.0077% € 11.3m | |
| Independent Director | 10.3yrs | US$400.04k | 0.024% € 35.7m | |
| Independent Director | 15.3yrs | US$350.04k | 0.0013% € 1.8m | |
| Independent Director | 23.1yrs | US$365.04k | 0.0063% € 9.3m | |
| Independent Director | 29.1yrs | US$380.04k | 0.012% € 17.7m | |
| Independent Director | 4.3yrs | US$330.04k | 0.0013% € 1.9m | |
| Independent Director | 7.3yrs | US$380.04k | 0.0012% € 1.8m | |
| Independent Director | 10.1yrs | US$400.04k | 0.0023% € 3.4m | |
| Independent Director | 12.3yrs | US$350.04k | 0.0050% € 7.3m | |
| Co-Chairman | 16.3yrs | US$23.87m | 0.046% € 67.0m | |
| Director | 2.3yrs | US$672.40k | 0.12% € 170.3m |
11.3yrs
Average Tenure
66yo
Average Age
Experienced Board: SWG's board of directors are seasoned and experienced ( 11.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 03:56 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The Charles Schwab Corporation is covered by 42 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Biggar | Argus Research Company |
| Roger Freeman | Barclays |
| Benjamin Budish | Barclays |