Charles R. Schwab is founder and chairman of The Charles Schwab Corporation, which was launched in 1971 as a traditional brokerage company and in 1974 became a pioneer in the discount brokerage business. Today, The Charles Schwab Corporation is one of the nation's largest financial services firms engaged, through its subsidiaries, in providing securities brokerage and related financial services for over seven million active accounts.
Mr. Schwab is also chairman of the Charles and Helen Schwab Foundation, a private charitable organization that stewards a philanthropic vision of building partnerships to improve lives. Through direct service and partnership in grant making initiatives, the foundation seeks to impact individual lives in a meaningful, lasting way and to work collaboratively to inform philanthropic practices.
Mr. Schwab is also a member of Stanford University's board of trustees and chairman of All Kinds Of Minds Institute, a nonprofit organization dedicated to the understanding of differences in learning. Mr. Schwab was born in Sacramento in 1937. He is a graduate of Stanford University, earning a B.A. in economics in 1959 and an M.B.A. from Stanford Graduate School of Business in 1961. A father of five children, Mr. Schwab resides with his wife, Helen, in the San Francisco Bay Area.
