Delaware | 94-3025021 | |
(State or other jurisdiction of | (IRS Employer | |
incorporation) | Identification No.) |
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
The Board of Directors of CSC appointed Mr. Bettinger to serve as President and Chief Executive Officer of the Corporation, effective October 1, 2008. Charles R. Schwab, who is currently Chairman of the Board and Chief Executive Officer, will continue to serve as Chairman of the Board after October 1, 2008.
Mr. Bettinger, 47, was appointed President and Chief Operating Officer of CSC by the Board of Directors in 2007. He served as Executive Vice President and President - Schwab Investor Services (formerly the Individual Investor Enterprise) of CSC and Charles Schwab & Co., Inc. ("Sch wab") from 2005 until 2007. He served as Executive Vice President and Chief Operating Officer - Individual Investor Enterprise of CSC and Schwab from 2004 until 2005, and Executive Vice President and President - Corporate Services of Schwab from 2002 until 2004. Mr. Bettinger joined Schwab in 1995.
On July 22, 2008, CSC issued a press release announcing Mr. Bettinger's appointment as President and Chief Executive Officer and election as a director effective October 1, 2008. A copy of the press release is included as Exhibit 99.1 to this report.
The Charles Schwab Corporation | ||||||||
Date: July 25, 2008 | By: | /s/ Joseph R. Martinetto | ||||||
Joseph R. Martinetto | ||||||||
Executive Vice President and Chief Financial Officer | ||||||||
Exhibit No. | Description | |
EX-99.1 | Press Release dated July 22, 2008 ("Schwab Appoints Walter W. Bettinger II President and CEO") |