Walter W. Bettinger II
President and Chief Executive Officer
Walter W. Bettinger II, 51, is the President and Chief Executive Officer of The Charles Schwab Corporation, which he's held since October 2008. Concurrent with his appointment, he was named to the Board of Directors of The Charles Schwab Corporation.
Mr. Bettinger also serves on the Board of Directors of Charles Schwab & Co., Inc. and Charles Schwab Bank, and as a trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios, all registered investment companies. Prior to assuming his current role, he was most recently President and Chief Operating Officer of The Charles Schwab Corporation.
Schwab is one of the nation’s largest financial services firms serving approximately:
- $1.83 trillion in client assets
- 8.7 million client brokerage accounts
- 808,000 bank accounts
- More than 6,000 independent investment advisors
- 1.5 million retirement plan participants
Mr. Bettinger’s duties include leading the development of strategies and services that assist millions of people worldwide in their efforts to save and invest – either directly, with the help of an independent investment advisor or through a company-sponsored retirement or benefit plan. He leads a workforce of approximately 14,100 full-time employees, with headquarters in San Francisco and branch offices in more than 300 locations across the United States plus London, Hong Kong and Puerto Rico.
In 1983, at the age of 22, Mr. Bettinger founded The Hampton Company, a provider of retirement plan services to corporations and their employees. The Charles Schwab Corporation acquired Hampton in 1995.
In addition to his professional duties, Mr. Bettinger is active in numerous charitable and philanthropic efforts. He and his wife, Teri, are founders of the Walt & Teri Bettinger Foundation and the parents of five children.
A summa cum laude graduate of Ohio University, Mr. Bettinger holds a degree in finance. He has also completed the General Management program offered by the Harvard Business School.
Updated: May 2012
0809-10199
