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 $62.42M. 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
The 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 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 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 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 17CEO 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 US market ($USD12.85M).
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% $ 62.4m | |
| President | 3.2yrs | US$11.16m | 0.0077% $ 10.5m | |
| 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% $ 13.6k | |
| 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% $ 5.3m |
4.1yrs
Average Tenure
61yo
Average Age
Experienced Management: SCHW'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% $ 62.4m | |
| Independent Director | 10.2yrs | US$400.04k | 0.024% $ 33.2m | |
| Independent Director | 15.2yrs | US$350.04k | 0.0013% $ 1.7m | |
| Independent Director | 22.9yrs | US$365.04k | 0.0063% $ 8.6m | |
| Independent Director | 28.9yrs | US$380.04k | 0.012% $ 16.5m | |
| Independent Director | 4.2yrs | US$330.04k | 0.0013% $ 1.8m | |
| Independent Director | 7.2yrs | US$380.04k | 0.0012% $ 1.6m | |
| Independent Director | 9.9yrs | US$400.04k | 0.0023% $ 3.1m | |
| Independent Director | 6.6yrs | US$370.04k | 0.0012% $ 1.6m | |
| Independent Director | 12.2yrs | US$350.04k | 0.0043% $ 5.8m | |
| Director | 2.2yrs | US$672.40k | 0.12% $ 160.4m |
11.2yrs
Average Tenure
68yo
Average Age
Experienced Board: SCHW'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 | 2024/12/22 10:09 |
| End of Day Share Price | 2024/12/20 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 46 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 |