Former (Retired)Retired · Jul 24, 2008
Rank #7 Globally

Charles Schwab

Founder & CEO of Charles Schwab Corporation (1971–2008)

NASDAQ: SCHW•Financial Services•United States
Charles Schwab executive portrait
Photo: Charles Schwab Press Kit (Editorial Press Kit)
Quick Answer & Tenure Summary

Charles Schwab served as Founder & CEO of Charles Schwab Corporation for a verified duration of 37 years 3 months (13,606 days), from Apr 24, 1971 until Jul 24, 2008. During this tenure, Charles Schwab guided Charles Schwab Corporation across major corporate milestones before departing by retired.

In Office
37 years 3 months
13,606 days
Start Date
Apr 24, 1971
Appointed 1971
End Date
Jul 24, 2008
retired
Age at Appointment
33 years old
Born Jul 29, 1937

Executive Succession & Corporate Facts

Predecessor
None (Founding CEO)
Successor
Interim / Search in progress
Global Tenure Rank
#7 Longest-Serving CEO in Database (View Full Rankings →)
Company Founded
Apr 24, 1971 (Westlake, Texas)
Known Aliases
Chuck Schwab, Charles R. Schwab

Tenure Milestones & Transition Timeline

Apr 24, 1971Source ↗

First Commander Corporation Founded

Founded the brokerage firm that became Charles Schwab & Co., revolutionizing discount retail brokerage.

May 1, 1975Source ↗

Discount Brokerage Launch

Pioneered negotiated discount commissions for individual investors following May Day deregulation.

Jul 24, 2008Source ↗

Stepped Down as CEO

Succeeded by Walter Bettinger after 37 years and 3 months as CEO.

Related Leaders & Rankings

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Global Benchmark

Compare against all 31 recorded corporate executives in our database.

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