Schwab announces CFO retirement, COO shift to bank chair; Verdeschi joins as deputy CFO

SCHWAB CHARLES CORP

CFO Peter Crawford to retire after 22 years; Mike Verdeschi to join May 20 as Deputy CFO, expected to succeed as CFO.
COO Joe Martinetto to step down June 28, 2024, to become Executive Chairperson of Schwab Banks; role not replaced.
Bernie Clark to transition from Head of Advisor Services to advisory role effective June 28; Jon Beatty to succeed him.
Tom Bradley named Chief Client Officer for Advisor Services, reporting to Beatty.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Joseph R. Martinetto

Chief Operating Officer

SCHW · SCHWAB CHARLES CORP

Effective: 2024-06-28
Filed: May 16, 2024, 7:59 PM ET

Joseph R. Martinetto notified The Charles Schwab Corporation (the “Company”) of his resignation from his position as Managing Director and Chief Operating Officer of the Company, effective as of June 28, 2024.

Departed

Peter B. Crawford

Chief Financial Officer

SCHW · SCHWAB CHARLES CORP

Filed: May 16, 2024, 7:59 PM ET

Peter B. Crawford notified the Company of his intent to retire from his Managing Director and Chief Financial Officer position at the Company following a planned transition period with the effective date of his retirement to be determined in the future.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Joseph R. Martinetto resigned as Chief Operating Officer at SCHWAB CHARLES CORP.

Action: resigned
Role: Chief Operating Officer

Exact text from the filing

Joseph R. Martinetto notified The Charles Schwab Corporation (the “Company”) of his resignation from his position as Managing Director and Chief Operating Officer of the Company, effective as of June 28, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter B. Crawford resigned as Chief Financial Officer at SCHWAB CHARLES CORP.

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

Peter B. Crawford notified the Company of his intent to retire from his Managing Director and Chief Financial Officer position at the Company following a planned transition period with the effective date of his retirement to be determined in the future.

View on SEC.gov

SCHWAB CHARLES CORP filing history →

Source: SEC EDGAR

accession 0001193125-24-140547

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