The Charles Schwab Corp - Company Profile
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The following section provides information on The Charles Schwab Corp’s senior management, executives, CEO and key decision makers and their roles in the organization. For more insight into The Charles Schwab Corp's management and employees, unlock the full data with our company analytics monitoring tool.
Executives
Richard A. Wurster
President; Chief Executive Officer; Director Executive BoardMr. Richard A. Wurster has been the Chief Executive Officer of the company since January 2025. He also serves as the President and Director of the company since 2021. Previously, he served as the Head of Schwab Asset Management Services of the company. He served as the Chief Executive Officer at Charles Schwab Investment Management, Inc. Mr. Wurster served as the Chief Executive Officer at Windhaven Investment Management, Inc. and ThomasPartners, Inc.
Charles R. Schwab
Co-Chairman Executive BoardMr. Charles R. Schwab has been the Co-Chairman of Charles Schwab since 2022. Prior to this, he served as the Chairman of the company from 1986 to 2022. Previously, he served as the Chief Executive Officer of the company from 1986 to 1997 and from 2004 to 2008, Co-Chief Executive Officer at the company from 1998 to 2003. Earlier, he founded Charles Schwab & Co., Inc. in 1971, has been its Chief Executive Officer from 2004 to 2008. Earlier, Mr. Schwab served as the Chairman and a Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, and Laudus Trust.
Walter W. Bettinger II
Co-Chairman Executive BoardMr. Walter W. Bettinger II has been the Co-Chairman of the company since July 2022. He also serves as the Co-Chairman of Charles Schwab Bank, SSB and as a trustee of The Charles Schwab Family of Funds, Schwab Capital Trust, Schwab Annuity Portfolios, Laudus Trust, Schwab Investments, and Schwab Strategic Trust. Prior to this,he served as the Chief Executive of the company from 2008 to 2024. He served as the President of the company from 2008 to 2011. Previously, he served as the President and Chief Operating Officer of the company from 2007 to 2008. Earlier, he served as the Executive Vice President and President of Schwab Investor Services from 2005 to 2007. Mr. Bettinger has been associated with the company since 1995.
Michael D. Verdeschi
Chief Financial Officer; Managing Director Senior ManagementMr. Michael D. Verdeschi has been the Chief Financial Officer and Managing Director of the company since October 2024. Previously, he served as the Chief Investment Officer, Head of Rates Portfolio Management, and Treasurer at Citigroup.
Tim Heier
Managing Director; Chief Technology Officer Senior ManagementMr. Tim Heier is the Chief Technology Officer and Managing Director of the company. Previously, he served as the Senior Vice President of Schwab Advisor Services technology & mobile development. Earlier, he served as a Computer Scientist at Lawrence Livermore National Laboratory. Mr. Heier worked at Parsons Brinckerhoff and Barton Ashman & Associates.
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