BROWSE BY TOPIC
TRENDING TAGS
Stories of Interest
- Banca IMI Securities to Pay $35Mn for Improper Handling of ADRs in Continuing SEC Crackdown
- Members of White House ‘Arts Panel’ Resign En Masse in Protest of Trump
- FINRA Whiffs on Disciplinary Sanction: Bill Singer's 'Negligent Market Manipulation in OTC Stock Promotion'
- Heather Heyer’s Mother Says, ‘I’m Not Talking to the President’
- Goldman Sachs May Have Lost $100Mn on Energy Bet Gone Wrong
- SEC Drops Case Against Ex-JPMorgan Traders Over 'London Whale'
- Financial Advisers That Invest in Technology Need to Accomplish These Two Things
- FINRA Amends Codes Regarding Expedited Arbitrator List Selection
- FINRA July 2017 Quarterly Disciplinary Review (Podcast)
- Senior Exec in Citigroup's Equities Unit Has Left
- Prudential Plotting its Escape From Fed's Tough Oversight
- Why CEOs Spurned Trump's Business Councils, in Their Own Words
- A Stockbroker, Her LLC, and Her Customers' Loans (Or Investment?) - Bill Singer
- Brian Quintenz Sworn In as CFTC Commissioner
- A Gary Cohn Resignation Would 'Crash the Markets' – Mgmt Guru Jeffrey Sonnenfeld
- Trading Firm DRW to Buy RGM Advisors - As Low Volatility Forces Out Weak HFT Players (subsc reqd)
- Reputational Damage - Rajat Gupta on Hard Road to Recovery
- 7th Circuit Affirms Spoofing Conviction - Bill Singer
- Wells Fargo Announces Board Changes
- Judge Rules Against Ex-Goldman Employee in Fed Leak Case
ABOUT FINANCIALISH
We seek to provide information, insights and direction that may enable the Financial Community to effectively and efficiently operate in a regulatory risk-free environment by curating content from all over the web.
Stay Informed with the latest fanancialish news.
SUBSCRIBE FOR
NEWSLETTERS & ALERTS
FOLLOW US
Schwab CEO Walt Bettinger Rewarded for ‘Record’ Year
April 5, 2017
There’s no discounting the compensation that Charles Schwab is paying its top executives for 2016. According to the company’s annual proxy statement released last week, it was a banner year for the firm and its executives.
- Walt Bettinger, 56, the CEO since 2008, took home $19.5 million for 2016: $1Mn salary; $7.7Mn stock and options awards; $10.6Mn bonus and incentive payments. The $19.5Mn is a 58% increase over 2015, when he made $12.3Mn.
- Charles Schwab, the founder, took home $8.1Mn for 2016 – a 70% increase over 2015.
- Bernard Clark, head of Schwab Advisor Services, took home $5Mn for 2016 – a 96% increase over 2015.
Meanwhile, Schwab shareholders weren’t left holding an empty bag. They saw returns of 186% over the past 4 years. SCHW is trading these days around $40 a shares, and back in Aril 2013, the price was around $16-$17 a share.
Related Stories: Companies
-
LPL Financial Acquires National Planning’s Indie Broker-Dealer Network
August 16, 2017 -
Goldman Sachs Adds 'Personality Tests' to Hiring Process
August 10, 2017 -
Companies Headlines, August 7
August 7, 2017