Charles Schwab
The Charles Schwab Corporation is a U.S. discount broker that provides financial services to individuals, independent advisors, and companies of various sizes. It has 7 million individual and institutional customers and manages approximately $1.3 trillion. Customers use its services by way of telephone, internet, or visiting offices. It offers private banking, bond trading, annuities, and mutual funds. It also offers mortgages, CDs, and other banking products through its Charles Schwab Bank. In 2006, it had sales of $5 billion and profits of $1.2 billion. [1] [2]
- Dave Pottruck - former CEO
Political contributions
The Charles Schwab political action committee gave $97,500 to federal candidates in the 2006 election - 56% to Democrats and 44% to Republicans. [3] Charles Schwab himself was acknowledged at the privately held Koch seminar in June 2011 in Vail, Colorado for donating at least $1 million to Koch-related causes.
Lobbying
The company spent $1,428,000 for lobbying in 2006. Six lobbying firms were used, including Ernst & Young and Alston & Bird. [4]
Personnel
| Key executives and 2006 pay: [5] | Options exercised |
|||
| Charles Robert Schwab, Jr., Founder, Chairman and Chief Executive Officer | $5,150,000 | $16,950,000 | ||
| Walter W. Bettinger II, Chief Operating Officer | N/A | N/A | ||
| Peter Kevin Scaturro, Executive Vice President | N/A | N/A | ||
| Carrie E. Dwyer, Corpoarate Secretary | $1,770,000 | $2,130,000 |
Selected members of the Board of Directors: [6]
- William F. Aldinger III, Former Chairman and Chief Executive Officer of HSBC North America Inc
- Nancy H. Bechtle, Former President and Chief Executive Officer of the San Francisco Symphony
- Donald G. Fisher, Founder of Gap Inc.
Contact details
101 Montgomery Street
San Francisco, CA 94104
Phone: 415-636-7000
Fax: 415-636-9820
Web: http://www.schwab.com
References
- ↑ Charles Schwab Profile, Hoovers, accessed September 2007.
- ↑ About page, Charles Schwab, accessed September 2007.
- ↑ 2006 PAC Summary Data, Open Secrets, accessed September 2007.
- ↑ Charles Schwab lobbying expenses, Open Secrets, accessed September 2007.
- ↑ Charles Schwab Key Executives, Yahoo Finance, accessed September 2007.
- ↑ Board of Directors, Charles Schwab, accessed September 2007.
