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Schwab Establishes New Management Structure

MANAGEMENT & INFRASTRUCTURE

SAN FRANCISCO--Charles Schwab announced a number of organizational changes to support its ever-increasing growth in the global financial services industry.

David Pottruck, president and co-chief executive officer, has formed a new office of the president to provide strategic direction to the corporation and to facilitate client-focused, company-wide integration. Linnet Deily, formerly the head of the Schwab Retail Enterprise unit, will be joining and reporting to Pottruck as the new vice chair.

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