---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-204244"
form_type: "8-K"
ticker: "SCHW"
cik: "0000316709"
company_name: "SCHWAB CHARLES CORP"
filed_at: "2022-07-28T23:59:59+00:00"
generated_at: "2026-06-24T07:44:04.216331+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-22-204244
- form_type: 8-K
- ticker: SCHW
- cik: 0000316709
- company_name: SCHWAB CHARLES CORP
- filed_at: 2022-07-28T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/316709/000119312522204244/0001193125-22-204244-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/316709/000119312522204244/d385802d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-204244
- JSON: https://secwatch.observer/filing/0001193125-22-204244.json
- Plain text: https://secwatch.observer/filing/0001193125-22-204244.txt

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