Thread regarding Charles Schwab Corp. layoffs

Schwab 2025 Exec Salaries (SEC-Reported)

Here is a summary of Schwab executive salaries from Google Search. Do you all feel that the record profits are mainly being shared disproportionately with the EC and the senior MDs?

Top Executive Compensation (FY 2025)

Richard A. (Rick) Wurster (President and Chief Executive Officer)
• Total Compensation: $18,755,222
• Base Salary: $1,248,468
• Cash / Non-Equity Incentive: $4,727,416
• Stock & Option Awards (Equity): $12,687,572 ($7,612,553 stock + $5,075,019 options)
• Other Compensation: $91,766
• Note: Up ~49% from his 2024 total of $12,549,487.

Charles R. Schwab (Co-Chairman)
• Total Compensation: $8,540,179

Michael D. Verdeschi (Chief Financial Officer)
• Total Compensation: $8,117,704

Jonathan M. Craig (Managing Director)
• Total Compensation: $6,270,321

Walter W. Bettinger II (Co-Chairman / Former CEO)
• Total Compensation: $6,261,234

Key Metrics
• Median Employee Pay: $131,480
• CEO Pay Ratio: 143:1 (Richard Wurster's total pay compared to the median Schwab employee)


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| 42 views | | 5 replies (last 21 days ago) | Reply
Post ID: @OP+1m5b9832k

5 replies (most recent on top)

Looks like the Schwab big shots sure know when to unload their company stock:
https://www.marketbeat.com/stocks/NYSE/SCHW/insider-trades/

Walt sure was busy in August raising cash, guess he's not so positive on the stock.
And you're wondering why your ESOP shares aren't doing much.

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Post ID: @p2+1m5b9832k

Walt is the one that really gets me. He oversaw the loss of $19.5B in the bond disaster a few years back as CEO, and still came out with a cozy co-chairmanship. So many people were terminated as a result of his mismanagement to cover the loss. Not to mention the hit to the stockholders.

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Post ID: @cx+1m5b9832k

@ce $18MM is still too much for what a sh-t job Rick does. That man couldn't lead his way out of a wet paper bag, let alone lead an entire firm.

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Post ID: @ck+1m5b9832k

With how big Schwab is, 18m total comp for CEO is actually on the low side tbh

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Post ID: @ce+1m5b9832k

Wow. I'm very underpaid based on the median pay. Particularly when you think about the median employee.

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Post ID: @ax+1m5b9832k

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