Schwab CIO Mark Barmann Discusses Firm's 5-Year Overhaul Plans

INTERVIEW

Charles Schwab & Co.'s Mark Barmann is leading a five-year project to re-engineer the discount brokerage's systems in coordination with its strategic growth plans into the mid- 1990s.

Barmann is executive vice president and chief information officer of a company where approximately 20 percent of the annual expense budget is dedicated to information systems.

He has been with Schwab since 1988, prior to which he was president and chief executive officer of First Interstate Services Co., a unit of

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