March 31, 2005 |
Charles Schwab, founder and chief executive of the discount brokerage firm that bears his name, declined to accept a $4.5-million bonus, according to a regulatory filing Wednesday. Charles Schwab Corp. shares rose 1% last year, lagging behind a 15% rise in the Amex Broker-Dealer index. The stock rose 34 cents Wednesday to $10.43 on the New York Stock Exchange. Schwab, who owns 19.
February 3, 1998 |
Chuck Schwab is worried about how you feel. Honest. Now that he's helped usher in this age of unprecedented investing by individuals, the founder and chairman of financial services giant Charles Schwab Corp. is concerned that many of those investors aren't mentally prepared for a brutal, sustained drop in the stock market. Schwab--whose firm is the largest U.S. discount brokerage and a leading purveyor of mutual funds and other financial services--isn't predicting a bear market.
August 20, 2003 |
Law enforcement authorities were attempting Tuesday to find a motive and the culprit behind explosive devices found Monday at the Pebble Beach, Calif., home of Charles Schwab and the Carmel office of the discount brokerage firm he founded. The devices, which consisted of briefcases full of wires, telephone parts and propane canisters, were dangerous, according to the Monterey County sheriff's office, which exploded the containers late Monday with the help of a bomb squad.
CALIFORNIA | LOCAL
August 19, 2003 |
Bombs were found Monday at the home of businessman Charles Schwab and at an office for his stock brokerage. One device, a package with wires sticking out of it, was found at a Charles Schwab Corp. office at a mall in Carmel about 7:15 a.m. A similar device was found later on the doorstep of Schwab's home in Pebble Beach, according to Donna Galletti, spokeswoman for the Monterey County Sheriff's Department. It was unclear whether Schwab was at home when the device was discovered, Galletti said.
April 30, 1996 |
Charles Schwab, the millionaire discount stockbroker, doesn't read for pleasure. Never has. Never will. For him, letters seem like abstract objects scattered across the page. If he were to read an unfamiliar text, such as a novel, or this story, it would take him so long to tease the letters into a recognizable pattern that the meaning of the phrase or the sentence would likely escape the first few times he labored through it.
December 3, 1997 |
The founder of Charles Schwab Corp. has decided to share the chief executive's title. David Pottruck, president and chief operating officer of the San Francisco-based discount broker, will get the additional title of co-chief executive starting Jan. 1. However, Charles R. Schwab will continue as chairman, and Pottruck will continue to report to him. Schwab, 60, stressed the move should not be considered as a step toward his own retirement. He has said in the past that he may never retire.
May 27, 1988 |
Charles Schwab Corp. named Lawrence J. Stupski as chief executive of Charles Schwab & Co., its discount-brokerage subsidiary, a title previously held by company founder Charles R. Schwab. The move frees Stupski, 42, from day-to-day responsibilities for the unit so he can join founder Schwab, 50, in long-term strategic planning, a spokesman for the San Francisco-based firm said.