SCHWAB CHARLES CORP : Change in Directors or Principal Officers (form 8-K)

Published: 2021-10-15 16:24:04 ET SCHW

On October 11, 2021, the Board of Directors of The Charles Schwab Corporation (CSC) appointed Richard A. Wurster, 48, as President of CSC, effective October 15, 2021. Mr. Wurster has been the Executive Vice President, Head of Schwab Asset Management Services of CSC since 2019 and Executive Vice President - Schwab Asset Management Solutions of Charles Schwab & Co., Inc. (CS&Co) since 2019. He has been Chief Executive Officer of Charles Schwab Investment Management, Inc. since 2019 and Chief Executive Officer and President of Charles Schwab Investment Advisory, Inc. since 2018.

Mr. Wurster served as Senior Vice President of CS&Co from 2016 until 2019, Chief Executive Officer of ThomasPartners, Inc. from 2016 until 2018, and Chief Executive Officer of Windhaven Investment Management, Inc. from 2016 until 2018. Mr. Wurster joined the company in 2016.

CS&Co, Charles Schwab Investment Management, Inc., and Charles Schwab Investment Advisory, Inc. are subsidiaries of CSC, and ThomasPartners, Inc. and Windhaven Investment Management, Inc. were subsidiaries of CSC during Mr. Wurster's tenure.

Walter W. Bettinger II, who served as President and Chief Executive Officer of CSC, will continue to serve as Chief Executive Officer of CSC.

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