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Charles Goldman Out of Schwab

Position eliminated as divisions combine

By Marion Asnes
November 17, 2008

 

The Charles Schwab Corporation (NASDAQ:SCHW) announced this morning that the corporation was merging two divisions, Schwab Institutional and Schwab Corporate and Retirement Services, to create a single Institutional Services unit. This unit will be headed by Executive Vice President Jim McCool.

The result will "combine two businesses serving businesses," says Alison Wertheim, vice president, corporate public relations.

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