Charles Schwab Management
Management criteria checks 4/4
Charles Schwab's CEO is Rick Wurster, appointed in Oct 2021, has a tenure of 3.25 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 $10.83M. The average tenure of the management team and the board of directors is 2.6 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 | 2.6yrs |
| Board average tenure | 11.3yrs |
Recent management updates
Recent updates
Schwab Earnings Preview: As Cash Sorting Dissipates, Own The Stock
Jan 19Charles Schwab Is Showing Signs Of Life
Jan 10The Charles Schwab Corporation's (NYSE:SCHW) P/E Still Appears To Be Reasonable
Dec 07
Charles Schwab (NYSE:SCHW) Is Paying Out A Dividend Of $0.25
Oct 27Solid Q3 2024 Earnings For Schwab, But Rates Remain A Headwind; Reiterate Sell
Oct 16The Charles Schwab Corporation: Still Not Ready To Pull The Trigger Despite Great Long-Term Potential
Oct 08Charles Schwab: Behemoth Retail Broker; Estimates Appear High; Initiate Sell Rating
Sep 18Charles Schwab: A Profitable Top 20 Bank To Buy Below Its Moving Average
Sep 08Charles Schwab: Your Chance To Buy
Aug 30Charles Schwab (NYSE:SCHW) Will Pay A Dividend Of $0.25
Jul 31The Charles Schwab Corporation's (NYSE:SCHW) Popularity With Investors Is Clear
Jul 17Charles Schwab: Cash Headwinds Persist In Q2 (Downgrade)
Jul 16Charles Schwab: Losing Ground To Robinhood
Jun 20Charles Schwab: Riding The Wave Of Interest Rates - Cautious Buy (Technical Analysis)
Jun 11Schwab 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 24Charles 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 20A 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 16Charles 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 10CEO 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$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 about average for companies of similar size in the US market ($USD12.59M).
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 | 39yrs | US$7.52m | 1.14% $ 1.6b | |
| CEO, President & Director | 3.3yrs | US$11.16m | 0.0077% $ 10.8m | |
| MD & Chief Financial Officer | less than a year | no data | 0.0033% $ 4.6m | |
| 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 | 5.2yrs | no data | 0.000010% $ 14.0k | |
| MD and Head of Corporate Relations & Institutional Marketing | no data | no data | no data | |
| MD & Chief Marketing Officer | 2yrs | 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 |
2.6yrs
Average Tenure
55yo
Average Age
Experienced Management: SCHW's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Co-Chairman | 39yrs | US$7.52m | 1.14% $ 1.6b | |
| CEO, President & Director | no data | US$11.16m | 0.0077% $ 10.8m | |
| Independent Director | 10.3yrs | US$400.04k | 0.024% $ 34.2m | |
| Independent Director | 15.3yrs | US$350.04k | 0.0013% $ 1.8m | |
| Independent Director | 23yrs | US$365.04k | 0.0063% $ 8.9m | |
| Independent Director | 29yrs | US$380.04k | 0.012% $ 17.0m | |
| Independent Director | 4.3yrs | US$330.04k | 0.0013% $ 1.9m | |
| Independent Director | 7.3yrs | US$380.04k | 0.0012% $ 1.7m | |
| Independent Director | 10yrs | US$400.04k | 0.0023% $ 3.2m | |
| Independent Director | 12.3yrs | US$350.04k | 0.0050% $ 7.0m | |
| Co-Chairman | 16.3yrs | US$23.87m | 0.046% $ 64.2m | |
| Director | 2.3yrs | US$672.40k | 0.12% $ 163.1m |
11.3yrs
Average Tenure
66yo
Average Age
Experienced Board: SCHW'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 | 2025/01/21 23:15 |
| End of Day Share Price | 2025/01/21 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
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 |