(Reuters) – U.S. brokerage firm Charles Schwab said on Tuesday CEO Walt Bettinger will retire at the end of the year.
Bettinger will be replaced by Rick Wurster, currently the president of Schwab, the company said.
The outgoing CEO will remain the executive co-chairman of the board, the brokerage firm added.
(Reporting by Niket Nishant in Bengaluru; Editing by Shounak Dasgupta)
