Schwab CEO Walt Bettinger appointed Co-Chairman alongside founder Charles Schwab

SCHWAB CHARLES CORP

Walt Bettinger appointed Co-Chairman of Schwab board, sharing leadership with founder Charles Schwab.
Bettinger also becomes Co-Chairman of banking subsidiaries: Charles Schwab Bank, Premier Bank, Trust Bank.
Bylaws amended to allow multiple Chairmen; effectiveness for banking subsidiaries subject to Texas regulator approval.
Bettinger has been CEO since 2008, joined Schwab in 1995 via acquisition of his company.
The move reflects long-term succession plan and continuity.

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