walt bettinger salary

Agiles Mursy

2 min read

·

02-12-2024

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Determining the precise salary of Walt Bettinger, the CEO of Charles Schwab, requires navigating a complex landscape of compensation packages. Publicly available information, primarily through Charles Schwab's SEC filings, reveals a comprehensive picture, but not a single, easily stated number. This is because executive compensation often extends beyond base salary to include stock options, bonuses, and other benefits.

Beyond the Base Salary: Understanding the Components

While a specific base salary figure isn't consistently publicized in easily accessible press releases, SEC filings provide the necessary data to understand the magnitude of his total compensation. These filings detail various components, including:

• Base Salary: This is the fixed annual payment received. The exact amount fluctuates yearly and is typically a significant portion, but not the entirety, of his total compensation.

• Stock Awards: A substantial portion of Mr. Bettinger's compensation is likely tied to stock awards. This incentivizes him to prioritize long-term growth and shareholder value. These awards vest over time, meaning he receives the stock only after fulfilling certain conditions, such as remaining employed for a specified duration.

• Bonuses: Performance-based bonuses are a common element of executive compensation packages. These are awarded based on the company's performance and the achievement of predetermined goals.

• Other Compensation: This category encompasses various benefits like retirement plans, health insurance, and other perks afforded to high-level executives.

The Importance of Context

It's crucial to understand that the total compensation revealed in SEC filings represents the total value at the time of filing. The actual value realized by Mr. Bettinger may vary depending on stock performance and other factors. Furthermore, comparing his compensation to other CEOs requires careful consideration of company size, industry, and overall performance. Simply stating a number without this context would be misleading.

Accessing the Information

To obtain the most up-to-date and precise details regarding Mr. Bettinger's compensation, it's recommended to consult Charles Schwab's most recent SEC filings (specifically the definitive proxy statement) available on the SEC's EDGAR database or on Charles Schwab's investor relations website. These documents provide a transparent and detailed breakdown of executive compensation.

Disclaimer: This information is for general knowledge and informational purposes only, and should not be considered financial or investment advice. Always consult official sources for the most accurate and current information.