Discount Broker to Schwab the Deck
HUMAN FACTORS
SAN FRANCISCO—Charles R. Schwab has taken the reins again as CEO of his eponymous brokerage after the board of directors gave 20-year veteran David S. Pottruck his walking papers last week, making him a former CEO.
The brokerage also announced that its net income for the quarter that ended June 30, 2004 was $113 million on revenue of $1.11 billion. In comparison, the company had net income of $126 million for the second quarter of 2003 on revenue of $1.01 billion. Overall, for the first half of
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