Charles Schwab Management

Management criteria checks 3/4

Charles Schwab's CEO is Walt Bettinger, appointed in Oct 2008, has a tenure of 15.58 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 €57.59M. The average tenure of the management team and the board of directors is 6.3 years and 11.5 years respectively.

Key information

Walt Bettinger

Chief executive officer

US$23.9m

Total compensation

CEO salary percentage	6.3%
CEO tenure	15.6yrs
CEO ownership	0.04%
Management average tenure	6.3yrs
Board average tenure	11.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Walt Bettinger's remuneration changed compared to Charles Schwab's earnings?
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 ($USD23.87M) is above average for companies of similar size in the German market ($USD5.31M).

Compensation vs Earnings: Walt's compensation has been consistent with company performance over the past year.

CEO

Walt Bettinger (62 yo)

15.6yrs

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
Charles Schwab	Founder & Co-Chairman	38.3yrs	US$7.52m	2.84% $ 3.7b
Walter Bettinger	CEO & Co-Chairman	15.6yrs	US$23.87m	0.045% $ 57.6m
Richard Wurster	President	2.6yrs	US$11.16m	0.0056% $ 7.2m
Peter Crawford	CFO & MD	7yrs	US$4.99m	0.0033% $ 4.3m
Joseph Martinetto	MD & COO	6.3yrs	US$9.16m	0.014% $ 17.5m
Tim Heier	MD & CTO	no data	no data	no data
Jeff Edwards	MD & Head of Investor Relations	no data	no data	no data
Peter Morgan	MD, General Counsel & Corporate Secretary	4.5yrs	no data	0.000010% $ 12.9k
Joe Carberry	MD and Head of Corporate Relations & Institutional Marketing	no data	no data	no data
Stacy Hammond	MD & Chief Marketing Officer	1.3yrs	no data	no data
Catherine Casey	MD & Head of Human Resources	no data	no data	no data
Lisa Hunt	MD & Head of International Services	no data	no data	no data

6.3yrs

Average Tenure

59yo

Average Age

Experienced Management: SWG's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Charles Schwab	Founder & Co-Chairman	38.3yrs	US$7.52m	2.84% $ 3.7b
Walter Bettinger	CEO & Co-Chairman	15.6yrs	US$23.87m	0.045% $ 57.6m
Christopher Dodds	Independent Director	9.6yrs	US$400.04k	0.025% $ 32.4m
Arun Sarin	Independent Director	14.6yrs	US$350.04k	0.0012% $ 1.5m
Paula Sneed	Independent Director	22.3yrs	US$365.04k	0.0062% $ 7.9m
Frank Herringer	Independent Director	28.3yrs	US$380.04k	0.012% $ 15.1m
Brian Levitt	Independent Director	3.6yrs	US$330.03k	0.0013% $ 1.6m
Joan Dea	Independent Director	6.6yrs	US$380.04k	0.0011% $ 1.4m
John Adams	Independent Director	9.3yrs	US$400.04k	0.0022% $ 2.9m
Stephen Ellis	Independent Director	11.6yrs	US$350.04k	0.0061% $ 7.8m
Carolyn Schwab-Pomerantz	Director	1.6yrs	US$672.40k	0.13% $ 162.5m
Mark Goldfarb	Independent Director	11.4yrs	US$370.04k	0.0012% $ 1.6m

11.5yrs

Average Tenure

68yo

Average Age

Experienced Board: SWG's board of directors are seasoned and experienced ( 11.5 years average tenure).

Charles Schwab Management

Management criteria checks 3/4

Key information

Recent management updates

Founder & Co-Chairman recently sold €6.3m worth of stock

Insider recently sold €1.7m worth of stock

The Charles Schwab Corporation, Annual General Meeting, May 23, 2024

Mark A. Goldfarb Not to Stand for Re-Election as Director of The Charles Schwab Corporation

Founder & Co-Chairman recently sold €7.0m worth of stock

Founder & Co-Chairman recently sold €4.6m worth of stock

Recent updates

First quarter dividend of US$0.25 announced

Founder & Co-Chairman recently sold €6.3m worth of stock

The Charles Schwab Corporation Declares Quarterly Dividend, Payable on May 24, 2024

Insider recently sold €1.7m worth of stock

First quarter 2024 earnings released: EPS: US$0.69 (vs US$0.84 in 1Q 2023)

The Charles Schwab Corporation, Annual General Meeting, May 23, 2024

Mark A. Goldfarb Not to Stand for Re-Election as Director of The Charles Schwab Corporation

The Charles Schwab Corporation to Report Q1, 2024 Results on Apr 15, 2024

Founder & Co-Chairman recently sold €7.0m worth of stock

Full year 2023 earnings released: EPS: US$2.55 (vs US$3.52 in FY 2022)

Upcoming dividend of US$0.25 per share at 1.6% yield

Fourth quarter dividend of US$0.25 announced

Schwab Launches Thinkorswim Guest Pass

Full year 2023 earnings released: EPS: US$2.55 (vs US$3.52 in FY 2022)

Schwab Introduces the Schwab Trading Activity Index

The Charles Schwab Corporation to Report Q4, 2023 Results on Jan 17, 2024

Charles Schwab Announces the Broad Availability of Schwab Investing Themes

The Charles Schwab Corporation Declares Common Stock Dividend, Payable on November 24, 2023

Charles Schwab Introduces A Digital Inheritance Center

The Charles Schwab Corporation to Report Q3, 2023 Results on Oct 16, 2023

Mullen Automotive Inc. Files Lawsuit Against TD Ameritrade, Charles Schwab, National Finance Services and Others

Mullen Automotive Inc. Files Lawsuit Against TD Ameritrade, Charles Schwab, National Finance Services and Others

Now 22% undervalued

Upcoming dividend of US$0.25 per share at 1.5% yield

The Charles Schwab Corporation Declares Common Stock Dividend, Payable on August 25, 2023

Founder & Co-Chairman recently sold €4.6m worth of stock

Second quarter 2023 earnings released: EPS: US$0.65 (vs US$0.87 in 2Q 2022)

The Charles Schwab Corporation(NYSE:SCHW) dropped from Russell 1000 Growth Index

The Charles Schwab Corporation to Report Q2, 2023 Results on Jul 18, 2023

Upcoming dividend of US$0.25 per share at 2.1% yield

First quarter 2023 earnings released: EPS: US$0.84 (vs US$0.68 in 1Q 2022)

Insider recently bought €247k worth of stock

CFO & MD recently bought €270k worth of stock

Investor sentiment deteriorates as stock falls 22%

Insider recently sold €821k worth of stock

Full year 2022 earnings released: EPS: US$3.52 (vs US$2.84 in FY 2021)

Insider recently sold €392k worth of stock

Founder & Co-Chairman recently sold €9.3m worth of stock

Founder & Co-Chairman recently sold €24m worth of stock

Upcoming dividend of US$0.25 per share at 1.1% yield

The Charles Schwab Corporation Declares Regular Quarterly Cash Dividend, Payable on February 24, 2023

The Charles Schwab Corporation (NYSE:SCHW) acquired Family Wealth Alliance LLC.

Full year 2022 earnings released: EPS: US$3.52 (vs US$2.84 in FY 2021)

The Charles Schwab Corporation to Report Q4, 2022 Results on Jan 18, 2023

Founder & Co-Chairman recently sold €10m worth of stock

Insider recently sold €116k worth of stock

Schwab Advisor Services Expands Ability for Matchmaking Between Advisor Firms

Upcoming dividend of US$0.22 per share

The Charles Schwab Corporation Appoints Carrie Schwab-Pomerantz as Director

The Charles Schwab Corporation Regular Quarterly Cash Dividend, Payable on November 25, 2022

Third quarter 2022 earnings released: EPS: US$0.99 (vs US$0.74 in 3Q 2021)

The Charles Schwab Corporation to Launch the Schwab Municipal Bond ETF

The Charles Schwab Corporation to Report Q3, 2022 Results on Oct 17, 2022

Upcoming dividend of US$0.22 per share

Founder & Co-Chairman recently sold €19m worth of stock

The Charles Schwab Corporation, Charles Schwab Bank, SSB; Charles Schwab Premier Bank, SSB; and Charles Schwab Trust Bank Names Walt Bettinger as Co-Chairman of Its Board of Directors

The Charles Schwab Corporation (NYSE:SCHW) announces an Equity Buyback for $15,000 million worth of its shares.

Founder & Chairman recently sold €7.4m worth of stock

Second quarter 2022 earnings released: EPS: US$0.87 (vs US$0.59 in 2Q 2021)

First quarter 2022 earnings released: EPS: US$0.68 (vs US$0.74 in 1Q 2021)

Upcoming dividend of US$0.20 per share

The Charles Schwab Corporation Declares Quarterly Cash Dividend, Payable on May 27, 2022

CEO & Director recently bought €2.4m worth of stock

First quarter 2022 earnings released: EPS: US$0.68 (vs US$0.74 in 1Q 2021)

The Charles Schwab Corporation, Annual General Meeting, May 17, 2022

The Charles Schwab Corporation, Annual General Meeting, May 17, 2022

Charles Schwab Introduces Schwab Personalized Indexing

Executive VP recently sold €246k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations