Charles Schwab (NYSE: SCHW) elevates Dennis Howard to lead technology, operations and data

Rhea-AI Filing Summary

The Charles Schwab Corporation reported a leadership change in its technology organization. On January 29, 2026, the board appointed Dennis Howard as Managing Director, Chief Technology, Operations and Data Officer, effective immediately.

Howard has been Schwab’s Chief Information Officer since 2022 and previously served as Executive Vice President, Chief Information Officer from 2016 to 2022 after joining the company in 2014. The company states he was not appointed under any special arrangement, has no family relationships with directors or executive officers, and has no related-party transactions requiring disclosure. Schwab also issued a press release describing several leadership transitions, which is furnished as an exhibit.

8-K Event Classification

3 items: 5.02, 7.01, 9.01

3 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

SCHWAB CHARLES CORP false 0000316709 0000316709 2026-01-29 2026-01-29 0000316709 us-gaap:CommonStockMember 2026-01-29 2026-01-29 0000316709 us-gaap:SeriesDPreferredStockMember 2026-01-29 2026-01-29 0000316709 schw:SeriesJPreferredStockMember 2026-01-29 2026-01-29

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of report (Date of earliest event reported): January 29, 2026

The Charles Schwab Corporation

(Exact name of registrant as specified in its charter)

Delaware		1-9700		94-3025021
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

3000 Schwab Way
Westlake, Texas		76262
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (817) 859-5000

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbols		Name of each exchange on which registered
Common Stock - $.01 par value per share		SCHW		New York Stock Exchange
Depositary Shares, each representing a 1/40th ownership interest in a share of 5.95% Non-Cumulative Preferred Stock, Series D		SCHW PrD		New York Stock Exchange
Depositary Shares, each representing a 1/40th ownership interest in a share of 4.450% Non-Cumulative Preferred Stock, Series J		SCHW PrJ		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 29, 2026, the Board of Directors of The Charles Schwab Corporation (the “Company”) appointed Dennis Howard as Managing Director, Chief Technology, Operations and Data Officer of the Company, effective immediately.

Mr. Howard, age 57, has served as the Company’s Managing Director, Chief Information Officer since 2022 and previously served as the Company’s Executive Vice President, Chief Information Officer from 2016 to 2022. He joined the Company in 2014 as Senior Vice President, Core Technology Solutions. Before joining the Company, Mr. Howard was Senior Vice President and Chief Information Officer for Visa Inc.

Mr. Howard was not appointed pursuant to any arrangement or understanding between him and any other person. Mr. Howard does not have any family relationships with any director or executive officer of the Company, and there are no transactions in which Mr. Howard has a direct or indirect material interest requiring disclosure under Item 404(a) of Regulation S-K.

Item 7.01. Regulation FD Disclosure.

On January 29, 2026, the Company issued a press release announcing several leadership transitions, including the appointment of Mr. Howard as Managing Director, Chief Technology, Operations and Data Officer. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

The information being furnished pursuant to Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise be subject to the liability of that section, and shall not be incorporated by reference into any other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number		Description
99.1		Press Release of The Charles Schwab Corporation dated January 29, 2026
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

						THE CHARLES SCHWAB CORPORATION
Date: January 29, 2026				By:		/s/ Peter J. Morgan III
						Peter J. Morgan III Managing Director, General Counsel and Corporate Secretary

FAQ

What executive leadership change did The Charles Schwab Corporation (SCHW) announce?

The Charles Schwab Corporation appointed Dennis Howard as Managing Director, Chief Technology, Operations and Data Officer, effective January 29, 2026. He previously served as Chief Information Officer and has held senior technology roles at Schwab since 2014.

What is Dennis Howard’s background before his new role at Charles Schwab (SCHW)?

Dennis Howard has been Schwab’s Chief Information Officer since 2022 and Executive Vice President, Chief Information Officer from 2016 to 2022. He joined Schwab in 2014 after serving as Senior Vice President and Chief Information Officer at Visa Inc.

Was Dennis Howard’s appointment at Charles Schwab (SCHW) based on any special arrangements?

The company states Dennis Howard was not appointed pursuant to any arrangement or understanding with any other person. This indicates the board made the appointment independently, rather than under contractual or third-party influence.

Does Dennis Howard have related-party ties to Charles Schwab (SCHW) directors or officers?

Charles Schwab reports that Dennis Howard has no family relationships with any director or executive officer. The company also states there are no transactions involving him that require disclosure under Item 404(a) of Regulation S-K.

Did Charles Schwab (SCHW) issue a press release about its leadership transitions?

Yes. On January 29, 2026, Charles Schwab issued a press release announcing several leadership transitions, including Dennis Howard’s new role. The press release is included as Exhibit 99.1 and is furnished, not filed, under Regulation FD disclosure rules.

How is the Charles Schwab (SCHW) leadership change treated under SEC rules?

The leadership change is reported under Item 5.02, covering appointments of certain officers. Related information in the press release is furnished under Item 7.01 and is not deemed filed for purposes of Section 18 of the Exchange Act.