Charles Schwab CEO Richard Wurster Made $18.8M in 2025

Dow Jones03-28

By Katherine Hamilton

Charles Schwab Chief Executive Richard Wurster made a total of $18.8 million in 2025.

Wurster, who became chief executive in January 2025, saw his pay increase from $12.5 million the year before.

The value of Wurster's stock awards rose by $2.8 million, making up $7.6 million of his total compensation. His base salary, option awards and non-equity incentive plan compensation also rose.

Michael Verdeschi, the bank's chief financial officer, made $8.1 million, up from $6.6 million the year before.

Co-Chair Charles Schwab made roughly the same as he did in 2024. Walt Bettinger, who retired as chief executive at the end of 2024 and is now a co-chair, saw his pay decline by about $20 million to $6.3 million.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

March 27, 2026 18:38 ET (22:38 GMT)

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His base salary, option awards and non-equity incentive plan compensation also rose. \n\n\n  Michael Verdeschi, the bank's chief financial officer, made $8.1 million, up from $6.6 million the year before. \n\n\n  Co-Chair Charles Schwab made roughly the same as he did in 2024. Walt Bettinger, who retired as chief executive at the end of 2024 and is now a co-chair, saw his pay decline by about $20 million to $6.3 million. \n\n\n \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 27, 2026 18:38 ET (22:38 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.40.0","shortVersion":"4.40.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2622069388","isCrawlerRequest":true}