V
Velarion™Intelligence
Sign InFree TrialBook a Walkthrough
Asset Management

Charles Schwab Executive Compensation (FY25)

SCHW · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Richard Wurster
Latest say-on-pay support
=
May 21, 2026
Chief executive pay ratio
◇
To the median employee
Velarion Member: every covered company in Asset Management, with dashboards, peer screens and board-ready briefs. Three seats, one year.
Email me this page as a cited PDF — sent in 2 minutes
The same figures, the same citations, formatted to hand to a committee. Nothing is added that is not on this page.
Your address is used for this and nothing else. Unsubscribe in one click.

The paid brief on Charles Schwab

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
Data as of October 22, 2026Latest filing (8-K): May 22, 2026
10 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Charles Schwab brief$1,500Get the executive brief
Velarion Member, one year
293 figures on this page: 287 cited to the filing that reported them, 6 calculated from figures it prints. See the citations

More on Charles Schwab

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Richard Wurster: $12,549,487 → $18,755,222 (49.5% higher)
Say-on-pay support: 85.5% → 92.8% (7.3 points higher)
CEO pay ratio: 211:1 → 143:1 (32.2% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Charles Schwab's chief executive and what were they paid?
Richard Wurster, President and Chief Executive Officer, received $18,755,222 in total compensation for fiscal 2025. Wurster's total was 49.5% higher than the $12,549,487 reported for fiscal 2024.
What was Charles Schwab's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 92.8% of votes cast for or against in favor at the meeting held May 21, 2026.
Which companies are in Charles Schwab's peer group?
The disclosed peer group includes Ameriprise Financial, Bank of New York Mellon, BlackRock, Inc., Discover Financial Services and Fidelity Investments, among others.
What is Charles Schwab's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 143:1, against median employee compensation of $131,480.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Walter Bettinger
Chief Executive Officer and Co-Chairman
◇—◇◇◇—◇◇
Richard Wurster
President
◇—◇◇◇—◇◇
Joseph Martinetto
Managing Director and Chief Operating Officer
◇—◇◇◇—◇◇
Charles Schwab
Co-Chairman
◇—◇◇◇—◇◇
Peter Crawford
Managing Director and Chief Financial Officer
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Walter Bettinger II
Chief Executive Officer and Co-Chairman
◇—◇◇◇—◇◇
Richard Wurster
President
◇—◇◇◇—◇◇
Joseph Martinetto
Managing Director and Chief Operating Officer
◇—◇◇◇—◇◇
Charles Schwab
Co-Chairman
◇—◇◇◇—◇◇
Peter Crawford
Managing Director and Chief Financial Officer
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Walter Bettinger
Chief Executive Officer and Co-Chairman
◇—◇◇◇—◇◇
Richard Wurster
President
◇—◇◇◇—◇◇
Joseph Martinetto
Chairman of the Board of CSB and Former Managing Director and Chief Operating Officer
Departed during or after this year
◇—◇◇◇—◇◇
Charles Schwab
Co-Chairman
◇—◇◇◇—◇◇
Michael Verdeschi
Managing Director and Chief Financial Officer
◇—◇—◇—◇◇
Jonathan M. Craig
Managing Director and Head of Investor Services
◇—◇◇◇—◇◇
Peter Crawford
Former Managing Director and Chief Financial Officer
Departed during or after this year
◇—◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Richard Wurster
President and Chief Executive Officer
◇—◇◇◇—◇◇
Charles Schwab
Co-Chairman
◇—◇◇◇—◇◇
Michael Verdeschi
Managing Director and Chief Financial Officer
◇—◇◇◇—◇◇
Jonathan M. Craig
Managing Director and Head of Investor Services
◇—◇◇◇—◇◇
Walter Bettinger
Co-Chairman
◇—◇◇◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Charles R. SchwabOPTION◇——◇—◇◇
Charles R. SchwabPSU◇◇◇—◇—◇
Jonathan M. CraigPSU◇◇◇—◇—◇
Jonathan M. CraigOPTION◇——◇—◇◇
Michael D. VerdeschiPSU◇◇◇—◇—◇
Michael D. VerdeschiOPTION◇——◇—◇◇
Richard A. WursterPSU◇◇◇—◇—◇
Richard A. WursterOPTION◇——◇—◇◇
Walter BettingerPSU◇◇◇—◇—◇
Walter BettingerOPTION◇——◇—◇◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Michael VerdeschiPSU◇◇——
RSU◇◇——
Option◇—◇—
Charles SchwabOption◇—◇3/1/2027
Option◇—◇3/1/2026
Option◇—◇3/1/2029
Option◇—◇3/1/2028
Walter BettingerOption◇—◇3/1/2028
Option◇—◇3/1/2027
Option◇—◇3/1/2029
Option◇—◇3/2/2030
Richard WursterOption◇—◇11/1/2028
Option◇—◇6/3/2029
Option◇—◇3/2/2030
Option◇—◇3/1/2031
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Marianne C. Brown
◇◇◇———◇
John K. Adams Jr
◇◇◇———◇
Frank C. Herringer
Lead independent director
◇◇◇———◇
Joan T. Dea
◇◇◇———◇
Christopher V. Dodds
◇◇◇———◇
Todd M. Ricketts
◇◇◇———◇
Charles A. Ruffel
◇◇◇———◇
Gerri K. Martin-Flickinger
◇◇◇———◇
Paula A. Sneed
◇◇◇———◇
Arun Sarin
◇◇◇———◇
Stephen A. Ellis
◇◇◇———◇
Carolyn Schwab-Pomerantz
◇◇◇———◇
Bharat B. Masrani
◇—————◇
Brian M. Levitt
◇—————◇
Richard A. Wurster, Charles R. Schwab and Walter W. Bettinger II served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as RSUs and Stock Options.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Ameriprise Financial AMP
  • Bank of New York Mellon BNY
  • BlackRock, Inc. BLK
  • Discover Financial Services DFS
  • Fidelity Investments symbol not shown
  • Fifth Third Bank symbol not shown
  • Franklin Resources BEN
  • Goldman Sachs GS
  • LPL Financial Holdings LPLA
  • Mastercard, Inc. MA
  • Morgan Stanley MS
  • Northern Trust NTRS
  • PayPal PYPL
  • PNC Financial Group, Inc. PNC
  • Raymond James Financial RJF
  • State Street STT
  • T. Rowe Price Group TROW
  • Truist TFC
  • U.S. Bancorp USB
  • Visa, Inc. V

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 21, 2026=◇◇◇
2024May 22, 2025=◇◇◇
2023May 23, 2024=◇◇◇
2022May 18, 2023=◇◇◇
2021May 17, 2022=◇◇◇
2020May 13, 2021=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Velarion Pro: every company page, peer tools and exports, one seat

One seat, one person. It opens the whole platform: the peer tools, the written analysis and the exports, on every company we cover. Join the list and you will hear from us when it opens.
Your address is used for this and nothing else, and you can unsubscribe in one click. See the privacy policy.

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Richard Wurster (President and Chief Executive Officer), FY2025 total compensation $18,755,222 (base salary $1,248,468) [exec_comp, SEC accession 0001193125-26-142826, filed 2026-04-06]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

Tell me when Charles Schwab files
You get a note when this company’s compensation data changes.
Your address is used for this and nothing else. Unsubscribe in one click.

What this page does not include

Everything above is a fact Charles Schwab disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Charles Schwab sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about access
Multiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion Intelligence
Join the list for Peer Group Review
Whether Charles Schwab's disclosed peer group is defensible, who names Charles Schwab back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
293 figures on this page: 287 cited to the filing that reported them, 6 calculated from figures it prints.
287 cited to the filing
6 calculated from the filing

Documents cited

  1. 0001193125-26-237020
  2. 0001193125-25-125853
  3. 0001193125-25-072811
    2024 Summary Compensation Table
  4. 0001193125-24-149155
  5. 0001193125-24-087883
    2023 Summary Compensation Table
  6. 0001193125-23-150444
  7. 0001193125-23-086655
    2022 Summary Compensation Table
  8. 0001193125-22-154097
  9. 0000316709-21-000035
  10. 0001193125-26-142826
    2025 CEO Pay Ratio · 2025 Director Compensation Table · 2025 Grants of Plan-Based Awards Table · 2025 Summary Compensation Table · and 3 more sections
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Charles Schwab executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/SCHW (accessed 2026).
Short form: data: Velarion

The paid brief for Charles Schwab

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
10 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about Charles Schwab and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Setup guide and the full list of questions it answers

Asset Management rankings

Chief executive pay — Asset ManagementCEO pay ratio — Asset ManagementSay-on-pay support — Asset Management

Peers Charles Schwab discloses

The companies named in SCHW's own disclosed peer group.

Ameriprise FinancialBank of New York MellonBlackRock, Inc.Discover Financial ServicesFranklin ResourcesGoldman SachsLPL Financial HoldingsMastercard, Inc.Morgan StanleyNorthern TrustPayPalPNC Financial Group, Inc.Raymond James FinancialState StreetT. Rowe Price GroupTruistU.S. BancorpVisa, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  All companies · The Pay Desk · Methodology · Terms · Privacy