Charles Schwab CEO Richard Wurster Made $18.8 Million in 2025
π CEO Richard Wurster earned $18.8 million in 2025 total compensation.
β¬οΈ His pay increased by $6.3 million compared to the previous year.
π€ Wurster took over as chief executive in January 2025.
π Stock awards grew by $2.8 million, accounting for $7.6 million of his total compensation.
π° CFO Michael Verdeschi received $8.1 million, an increase from $6.6 million the prior year.
π Co-Chair Walt Bettinger's pay dropped approximately $20 million to $6.3 million after retiring.
βοΈ Co-Chair Charles Schwab earned roughly the same amount as in 2024.
- Walt Bettinger, retired CEO and current co-chair, saw his pay decline by about $20 million to $6.3 million, indicating potential leadership transition friction or reduced compensation alignment.
- Total CEO compensation reached $18.8 million in 2025, with stock awards comprising only $7.6 million, suggesting less equity retention compared to performance-based incentives.