Charles Schwab CEO Walt Bettinger to retire by end of 2024

01 Oct 2024, 16:22 · UPI

Oct. 1 (UPI) -- The CEO of financial brokerage firm Charles Schwab said he will step down from his current role after nearly 20 years, the company revealed Tuesday.

After 16 years with Texas-based Charles Schwab, CEO Walt Bettinger notified the company board of directors of his intent to retire by Dec. 31 ahead of his 65th birthday, according to a company release.