Charles Schwab Management
Management criteria checks 3/4
Charles Schwab's CEO is Walt Bettinger, appointed in Oct 2008, has a tenure of 16.17 years. total yearly compensation is $23.87M, comprised of 6.3% salary and 93.7% bonuses, including company stock and options. directly owns 0.046% of the company’s shares, worth €60.36M. The average tenure of the management team and the board of directors is 4.1 years and 11.2 years respectively.
Key information
Walt Bettinger
Chief executive officer
US$23.9m
Total compensation
| CEO salary percentage | 6.3% |
| CEO tenure | 16.2yrs |
| CEO ownership | 0.05% |
| Management average tenure | 4.1yrs |
| Board average tenure | 11.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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$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 ($USD4.79M).
Compensation vs Earnings: Walt's compensation has been consistent with company performance over the past year.
CEO
Walt Bettinger (63 yo)
16.2yrs
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 | 38.9yrs | US$7.52m | 1.14% € 1.5b | |
| CEO & Co-Chairman | 16.2yrs | US$23.87m | 0.046% € 60.4m | |
| President | 3.2yrs | US$11.16m | 0.0077% € 10.2m | |
| MD & CTO | 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 | 5.1yrs | no data | 0.000010% € 13.2k | |
| MD and Head of Corporate Relations & Institutional Marketing | no data | no data | no data | |
| MD & Chief Marketing Officer | 1.9yrs | 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 | |
| MD & Chief Banking Officer | no data | no data | 0.0039% € 5.1m |
4.1yrs
Average Tenure
61yo
Average Age
Experienced Management: SWG's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Co-Chairman | 38.9yrs | US$7.52m | 1.14% € 1.5b | |
| CEO & Co-Chairman | 16.2yrs | US$23.87m | 0.046% € 60.4m | |
| Independent Director | 10.2yrs | US$400.04k | 0.024% € 32.1m | |
| Independent Director | 15.2yrs | US$350.04k | 0.0013% € 1.7m | |
| Independent Director | 22.9yrs | US$365.04k | 0.0063% € 8.4m | |
| Independent Director | 28.9yrs | US$380.04k | 0.012% € 16.0m | |
| Independent Director | 4.2yrs | US$330.04k | 0.0013% € 1.7m | |
| Independent Director | 7.2yrs | US$380.04k | 0.0012% € 1.6m | |
| Independent Director | 9.9yrs | US$400.04k | 0.0023% € 3.0m | |
| Independent Director | 6.6yrs | US$370.04k | 0.0012% € 1.6m | |
| Independent Director | 12.2yrs | US$350.04k | 0.0050% € 6.6m | |
| Director | 2.2yrs | US$672.40k | 0.12% € 155.1m |
11.2yrs
Average Tenure
68yo
Average Age
Experienced Board: SWG's board of directors are seasoned and experienced ( 11.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 17:40 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Industry and Sector Metrics
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Analyst Sources
The Charles Schwab Corporation is covered by 45 analysts. 17 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 |