Walter "Walt" Bettinger, president and chief executive officer of Charles Schwab Corp., speaks during the 2015 Fortune Global Forum in San Francisco, California, U.S., on Tuesday, Nov. 3, 2015.
Bettinger will be replaced on Jan. 1, 2025, by Charles Schwab President Rick Wurster.
Charles Schwab CEO Walt Bettinger is retiring from his role at the end of December after 16 years leading the brokerage firm, the company announced Tuesday.
In a statement, Bettinger cited his 65th birthday next year as a reason to step aside and praised the choice of Wurster.
In an interview on CNBC's "Squawk Box," Wurster indicated that there would not be any immediate change in strategy with the CEO handoff.
Persons:
Walter, Walt, Bettinger, Charles Schwab, Rick Wurster, Walt Bettinger, Schwab, we've, Wurster, Ameritrade, halve
Organizations:
Charles Schwab Corp, Global, Schwab
Locations:
San Francisco , California, U.S