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Charles Schwab ( (SCHW) ) has shared an announcement.
Walter W. Bettinger II is set to retire as CEO of The Charles Schwab Corporation at the end of 2024, with Richard A. Wurster taking over the role as of January 1, 2025. Bettinger will continue as Executive Co-Chairman alongside Charles R. Schwab. Wurster brings extensive experience within the company, having held several leadership roles since joining in 2016. The transition is part of a long-term succession plan, ensuring continuity for Schwab’s clients, employees, and shareholders, and comes after a period of significant growth under Bettinger’s leadership.
See more insights into SCHW stock on TipRanks’ Stock Analysis page.