I encourage everyone to look at Schwab's proxy filing. This is public information filed with the SEC, as all publicly traded companies must do. Simply Google "Schwab Proxy Filing." It details how much our executives are paying themselves, including a 20% increase in their cash compensation alone. Meanwhile, we're stressed about affording groceries. I'm not saying they're trying to erase the middle class, consolidate money into a handful of mega corporations and their executives, and divide us... but if they were, what would they be doing differently?
7 replies (most recent on top)
They take a hit on the Bond Market, mismanage the company, make us pay by laying us off in an inflationary period, and paint us as the problem. All while reaping compensations that could have more than covered the need to lay off. Disgusting
Fire the mo--n CFO
Right - see how that works - gotta have cost savings - so cut out the actual workers and pay the monkeys at the top more - the CFO, Treasurer and some of the ALM folks should have been axed - REWARD poor interest investments - pathetic
I don’t know how the CFO is still here… let alone getting 11%+. If you can’t make money in a historically high interest rate environment….
Just delusional
Our CFO got a base pay increase of 11%. On top of other comp. Anyone here get close to that?
What’s the ROI on Walt’s salary?! If they did the math I’m sure they’d cancel it like they did so many other things here.
Walt’s pay is now 300 times the average employee