Charles Schwab
Corporate Bias Rating
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Risk Level:
Summary:
Charles Schwab is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Charles Schwab embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.
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CEO of Charles Schwab
Walter W. Bettinger II
Summary:
Headquartered in Westlake, Texas, Charles Schwab is a member of the Fortune 250 operating in the Diversified Financials industry. Walter W. Bettinger II and Walter W. Bettinger II, Charles R. Schwab serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $32,107,451 to Republican causes and $164,332 to Democratic causes. Under their tenure, Charles Schwab currently holds a 'High Risk' risk rating.
View Full Board Bias ReportPolitical Contributions of Leadership:
$32,107,451
$164,332
Republican
Democrat
Shareholder Proposals
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| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 5/18/23 | Social | James McRitchie | Report on Gender/Racial Pay Disparity | Against | 24.70% |
| 5/18/23 | Social | National Center for Public Policy Research | Report on Discrimination Risks | Against | 0.90% |