Charles Schwab rewarded its top executives for record revenues and profits in 2016 with bonus and incentive payments of more than $25 million, according to the company.
CEO Walt Bettinger received a 58% raise to $19.5 million in total compensation, while founder Charles Schwab’s grew 70% to $8.1 million and Schwab Advisor Services head Bernard Clark's jumped 96% to $5 million. The firm disclosed their pay last week in its annual proxy statement.
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