Charles Schwab has named Marie A. Chandoha president and chief executive officer of Charles Schwab Investment Management Inc., the investment advisor to the Schwab and Laudus Funds.

She was hired by Schwab in September as chief investment officer of Charles Schwab Investment Management, which managed nearly $190 billion in mutual fund and separate account assets as of Sept. 30. Before that, she was the global head of the fixed income business at Barclays Global Investors, which was acquired by BlackRock.

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