An announcement from Charles Schwab (SCHW) is now available.
The Charles Schwab Corporation is undergoing a significant leadership transformation with the resignation of Joseph R. Martinetto as Chief Operating Officer effective June 28, 2024, and the planned retirement of Chief Financial Officer Peter B. Crawford. Additionally, the company announced the appointment of Michael Verdeschi as Deputy CFO and the upcoming retirement of Bernard J. Clark, Head of Advisor Services, further reshaping the top executive suite. These high-level changes reflect a pivotal moment for the corporation as it navigates the financial industry’s evolving landscape.
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