COMPANY INFO
The Charles Schwab Corporation, founded in 1971 by Charles R. Schwab, is a leading American multinational financial services company headquartered in Westlake, Texas. With approximately 32,100 employees as of 2024, the company operates in the financial services industry, offering a full range of brokerage, banking, investing, and wealth management services to retail and institutional clients through its website www.schwab.com. The company pioneered discount brokerage services and continues to focus on helping clients take ownership of their financial futures by providing modern, client-first investment and banking solutions.
Charles Schwab Corporation is a leading American multinational financial services company renowned for shaping the investment landscape through its brokerage, banking, wealth management, and advisory solutions. Established in 1971, the company empowers clients to take control of their financial futures with innovative and client-first investment services.
The Charles Schwab Corporation leadership team comprises seasoned financial, technology, and operations experts who collectively drive the company’s continued growth and industry leadership. The Charles Schwab Corporation CEO, together with its management team and founders, leverages decades of experience from top-tier firms and institutions, ensuring a strategic direction grounded in innovation, efficiency, and superior client experience. The company’s executives bring diverse backgrounds spanning investment management, technology, finance, marketing, and operations, fueling Charles Schwab’s ongoing adaptation and success in a competitive market.
Rick Wurster is the President and CEO leading Charles Schwab Corporation since January 2025 and as President since 2021. He works closely with the board to evaluate and enhance the company’s strategic position, having also overseen substantial growth and innovation as leader of Schwab Asset Management and its subsidiaries.
Rick Wurster holds an extensive background in financial services, with earlier leadership roles at Wellington Management and McKinsey & Company, where he specialized in the asset management practice. Joining Schwab in 2016, he has steadily progressed through senior executive roles, drawing on vast industry expertise and a strong track record of driving results.
Omar Aguilar heads Schwab Asset Management, overseeing key investment strategies and the Schwab Center for Financial Research. He manages equity, index, and quantitative strategies as well as asset allocation, supporting millions of investors with data-driven investment solutions.
Boasting over 25 years in investment management, Omar Aguilar previously directed $40 billion in managed accounts at Financial Engines and led quantitative equity at ING Investment Management. He earned his Master of Science and PhD from Duke University, with additional degrees from the Mexico Autonomous Institute of Technology.
Mike Verdeschi has been Managing Director and CFO since May 2024, responsible for Schwab’s treasury, controller functions, financial planning, and analysis. He brings vast financial operations leadership, enhancing company oversight and financial management within Charles Schwab Corporation’s executive team.
Before joining Schwab, Mike Verdeschi spent over 30 years at Citigroup, rising to Treasurer and Chief Investment Officer, and serving in numerous finance and product leadership roles. He earned his BBA and MBA from Iona University, where he also serves on the advisory council.
Stacy Hammond leads Schwab’s marketing across all business lines, fostering growth, client engagement, and brand equity. In her 23 years at Schwab, she has significantly contributed to retail acquisition strategies and product development, guiding the company’s brand outreach.
Stacy Hammond earned her MBA in Strategy from Yale University and her BA from Pomona College. Before Schwab, she worked at the Advertising Council, bringing valuable experience in communications and strategic marketing to the Charles Schwab Corporation management team.
Tim Heier is Schwab’s Chief Technology Officer, responsible for the technology strategy, architecture, and development of client-facing applications. He partners with business leaders to advance Schwab’s long-term technology roadmap, delivering robust digital platforms for clients.
Tim Heier joined Schwab in 1999 and previously served as a computer scientist at Lawrence Livermore National Laboratory and in engineering consulting. He holds an MS in computer science from California State University and a BS in engineering from UC Berkeley, underpinning his deep technology leadership.
Adele Taylor serves as Chief Administrative Officer, leading corporate strategy, vendor management, and real estate. Since joining Schwab in 2024, Adele has driven strategic growth initiatives and overseen the alignment of operational support functions with company objectives.
Taylor previously served as SVP of Corporate Strategy at Franklin Templeton and was a partner at McKinsey & Company, specializing in wealth and asset management. She holds a BA from Yale University and an MBA from Columbia University, continuing to apply her strategy expertise to the Charles Schwab Corporation executive team.
Dennis Howard leads Schwab Technology Services as Chief Information Officer, responsible for overall technology innovation, infrastructure, and operational excellence. He manages project services supporting company-wide technology initiatives.
Howard joined Schwab in 2014 after holding SVP and CIO roles at Visa Inc. He possesses deep IT leadership credentials with degrees from the University of Texas at San Antonio and Baylor University, contributing strong technology management know-how.
Jonathan S. Beatty oversees Schwab Advisor Services, supporting over 15,000 independent investment advisory firms with operational and custodial solutions. He helps guide advisors through the lifecycle of their firms, fostering growth across the advisory channel.
Beatty has been with Schwab for 27 years, holding various sales and leadership positions in Advisor Services. He earned a BA in political science from Wittenberg University and maintains key securities registrations, shaping industry best practices for Charles Schwab Corporation leadership.
Jason Clague manages all operational transactions and leads Transformation Services to enhance business growth and client experience. Notably, he led the complex TD Ameritrade acquisition integration and the conversion of client accounts.
Clague joined Schwab in 2009 after roles at Barclays Global Investors and J.P. Morgan in asset management and private banking. He holds a BA from St. Lawrence University and an MBA from Babson College and is a CFA charterholder, reinforcing his strong operational acumen.
Jonathan M. Craig leads Schwab’s Investor Services unit, supporting self-directed clients and overseeing company-wide marketing to build the brand and client base. He has held positions as Chief Marketing Officer and Chief of Staff to Charles R. Schwab.
Craig joined Schwab in 2000 after working at AT&T in marketing and sales. He holds an MBA from UC Berkeley, a BA from McGill University, and has completed executive programs at Harvard, Chicago Booth, and UVA, reflecting a strong foundation in management and investor outreach.
The Charles Schwab Corporation leadership team embodies deep experience across investment management, technology, finance, marketing, and operations, ensuring the company’s ongoing resilience and adaptability. The collaborative management structure supports agile decision-making and innovation, with each executive bringing specialized skills critical to evolving Charles Schwab’s position in the fast-moving financial services industry. This blended expertise among the Charles Schwab Corporation founders and current executives continues to propel growth, transformation, and client success.
Websets is a powerful natural language search and data enrichment tool that helps you research executive teams for any company. Whether you're analyzing the Charles Schwab Corporation leadership team or exploring management structures at other organizations, Websets provides comprehensive insights into executive backgrounds, roles, and team dynamics.
With Websets, you can access detailed executive team profiles, management structures, and leadership insights through intuitive natural language queries. Sign up now to enhance your executive team research capabilities.