Schwab Charles (SCHW) executive compensation, 2026 proxy

Richard A. Wurster, President and Chief Executive Officer, was paid $18.8M in 2025, up 49% from $12.5M the year before. The CEO-to-median-employee pay ratio was 143:1, on median employee pay of $131,480.

Filed
April 6, 2026
Annual meeting
May 21, 2026
Pay year
2025
Named executives
5
CEO total pay
$18.8M+49% vs prior year
CEO to median employee
143:1median $131,480
CEO pay in equity
68%$12.7M in awards
Prior say-on-pay support
85%of votes cast
Total Client Assets
$11.9T18% increase year-over-year
Net Revenue
$23.9B22% increase year-over-year
Diluted EPS
$4.6556% increase year-over-year
Incentive Funding
116.5%Percentage of target award

How Wurster was paid

$18.8M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary7%Stock awards41%Option awards27%Non-equity incentive25%All other compensation0%

Named executive officers

ExecutiveTotal
Richard A. WursterPresident and Chief Executive Officer$18,755,222
Michael D. VerdeschiManaging Director and Chief Financial Officer$8,117,704
Walter W. Bettinger IICo-Chairman$6,261,234
Charles R. SchwabCo-Chairman$8,540,179
Jonathan M. CraigManaging Director and Head of Investor Services$6,270,321

What changed and why

  • $11.9TTotal client assets increased 18% year-over-year to $11.9 trillion.
  • $23.9BNet revenue increased 22% year-over-year to $23.9 billion.
  • 56%Diluted EPS increased 56% year-over-year to $4.65.
  • 116.5%The Compensation Committee approved annual cash incentive funding at 116.5% of target.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.