---
schema_version: "secwatch.filing_event.v1"
accession: "0000316709-21-000071"
form_type: "8-K"
ticker: "SCHW"
cik: "0000316709"
company_name: "SCHWAB CHARLES CORP"
filed_at: "2021-10-15T23:59:59+00:00"
generated_at: "2026-06-28T20:39:17.438978+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Charles Schwab appoints Richard Wurster as President effective Oct 15, 2021

## Summary
- Richard A. Wurster, 48, named President of The Charles Schwab Corporation effective October 15, 2021.
- Wurster previously served as EVP, Head of Schwab Asset Management Services since 2019.
- CEO Walter W. Bettinger II continues as Chief Executive Officer; no departure announced.
- Wurster also holds CEO roles at Schwab Investment Management and Schwab Investment Advisory.

## SEC filing metadata
- accession: 0000316709-21-000071
- form_type: 8-K
- ticker: SCHW
- cik: 0000316709
- company_name: SCHWAB CHARLES CORP
- filed_at: 2021-10-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/316709/000031670921000071/0000316709-21-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/316709/000031670921000071/schw-20211011.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000316709-21-000071
- JSON: https://secwatch.observer/filing/0000316709-21-000071.json
- Plain text: https://secwatch.observer/filing/0000316709-21-000071.txt

## Key facts
- Executive change
  Richard A. Wurster was appointed as President at SCHWAB CHARLES CORP.
  - Action: appointed
  - Role: President
  source text: On October 11, 2021, the Board of Directors of The Charles Schwab Corporation (CSC) appointed Richard A. Wurster, 48, as President of CSC, effective October 15, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/316709/000031670921000071/0000316709-21-000071-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.