Charles Schwab CFO Retiring

Christopher Dodds, chief financial officer of brokerage giant Charles Schwab & Co., will be leaving his post after eight years, according to MarketWatch.   Dodds will step down as CFO at the annual company meeting May 18.   Joseph Martinetto, 45, currently Schwab’s senior vice president and treasurer, will succeed Dodds, 47.    Dodds stated he wanted to spend more time with his two sons, aged 14 and 16, and to exit Schwab on a high note. “Many others have held on too long and it’s a rare quality to move from a position of strength, he said. Additionally, Dodds has stated he will pursue philanthropic opportunities.  The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.