Charles Schwab (SCHW) Announces CFO Retirement

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Schwab Announces Executive Transitions

May 16, 2024 8:55 AM EDT

WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation today announced several executive transitions as part of the firms long-term succession planning strategy.

Peter Crawford, after a distinguished 22-year career with the firm, including serving as Chief Financial Officer since 2017, has decided to retire from Schwab following a planned transition period. Crawford will be succeeded by Mike Verdeschi who will join the firm on May 20 as a Managing Director and Deputy Chief Financial Officer. The firm expects to appoint Verdeschi as Chief Financial Officer (CFO) following the transition period with Crawford.

Effective June 28, 2024, Joe Martinetto will... More