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Charles Schwab names Peter Crawford CFO

Charles SchwabThe Charles Schwab Corporation, a brokerage and banking company, announced that Peter Crawford, EVP of finance, will succeed Joseph R. Martinetto as chief financial officer from May 16, 2017.

Appointed executive vice president of finance in July 2015, Mr. Crawford, a 16-year veteran of the company, leads the company’s treasury and controller functions, as well as planning and enterprise finance.

Mr. Crawford joined Schwab in 2001 after serving at McKinsey & Company, where he was an engagement manager in the Washington, D.C., San Francisco, Sao Paulo and Hong Kong offices.

During his tenure at Schwab, Mr. Crawford has held increasing levels of responsibility for a wide range of businesses and product lines, including product management for Schwab Funds, and management of Schwab’s cash products, its core client segment offerings, the company’s fixed income offering, and its third party investment platforms.

He also served as chief of staff to Chairman Charles Schwab.

Mr. Crawford holds a bachelor’s degree from Yale University, where he graduated magna cum laude, and a master of business administration degree from the Stanford Graduate School of Business.

Mr. Martinetto, who marks his 20th anniversary with Schwab this year, will continue as senior executive vice president at Schwab.

Mr. Martinetto will also continue serving on the company’s executive council, as a trustee of the Schwab Family of Mutual Funds and Exchange Traded Funds, and as a member of the boards of Charles Schwab Bank and Charles Schwab & Co, Inc.


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