LYCOS RETRIEVER 
Charles R. Schwab: Pottruck Ceo
built 658 days ago
"We're seeing a shift in investor sentiment from thinking of cash as an idle deposit to using it as a strategic investment," said Charles R. Schwab, Schwab founder and CEO. "Given current interest rates and a volatile stock market, investors are looking at cash in the context of their overall portfolio, and actively using it as a diversifying investment, not just a parking spot while they investigate other options."
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No one ever said Schwab and Pottruck lack ambition. They've been co-CEOs for three years, an arrangement that both investors and analysts say works surprisingly well. Schwab, 63, sets the direction of the company with the passion you'd expect of a man who has been building his namesake firm for almost three decades. Pottruck, 52, is Schwab's heir apparent and runs the day-to-day operations with the energy that befits the honorary captain of the U.S. wrestling team at the Sydney 2000 Olympics.
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