{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-184831","form_type":"8-K","ticker":"SCHW","cik":"0000316709","company_name":"SCHWAB CHARLES CORP","filed_at":"2024-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.483107+00:00","generated_at":"2026-05-31T16:25:13.068242+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Schwab names Michael Verdeschi as CFO effective October 1, 2024","bullets":["Michael Verdeschi appointed Managing Director and CFO, succeeding Peter B. Crawford, effective Oct 1, 2024.","Verdeschi previously served as Deputy CFO since May 2024; spent 30+ years at Citigroup, most recently as Treasurer.","Compensation includes base salary of $900,000, target bonus of 250% of salary, and 2025 equity target of $4.35 million.","Received initial equity grant of 59,849 RSUs in June 2024, vesting ratably over four years.","No family relationships or reportable transactions under Item 404(a)."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-184831","json":"https://secwatch.observer/filing/0001193125-24-184831.json","markdown":"https://secwatch.observer/filing/0001193125-24-184831.md","text":"https://secwatch.observer/filing/0001193125-24-184831.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/316709/000119312524184831/0001193125-24-184831-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/316709/000119312524184831/d868220d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T16:25:13.068242+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8d764d6ccf","claim":"Peter B. Crawford departed as Managing Director and Chief Financial Officer at SCHWAB CHARLES CORP.","evidence_excerpt":"appointed Michael Verdeschi to succeed Peter B. Crawford as the Company’s Managing Director and Chief Financial Officer, effective as of October 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/316709/000119312524184831/0001193125-24-184831-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"succeeded"},{"label":"Role","value":"Managing Director and Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"a09e65e655","claim":"Michael Verdeschi was appointed as Managing Director and Chief Financial Officer at SCHWAB CHARLES CORP.","evidence_excerpt":"appointed Michael Verdeschi to succeed Peter B. Crawford as the Company’s Managing Director and Chief Financial Officer, effective as of October 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/316709/000119312524184831/0001193125-24-184831-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Managing Director and Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}