The new president of The Charles Schwab Corporation, Rick Wurster, is a graduate of Villanova University, writes the staff at fortworthbusiness.com.

Wurster was appointed president by the Board of Directors on Oct. 12. He started his new role on Oct. 15.

Wurster was managing director, heading up Schwab Asset Management. He joined Schwab in early 2016.

He has a Bachelor of Science degree in economics from Villanova University and a Master of Business Administration from The Tuck School of Business at Dartmouth College.

Before Schwab, Wurster worked at Wellington Management and McKinsey & Company.

“Rick is an exceptional executive and leader and I am thrilled to continue working with him in his expanded role,” said Walt Bettinger, CEO of The Charles Schwab Corporation.

“His client focus aligns with the Through Clients’ Eyes strategy that originated with our founder, Chuck Schwab, and has guided our firm for almost 50 years.”

Wurster’s organization, out of the Westlake, Texas Charles Schwab corporate office, will include Investor Services, Advisor Services, Workplace Financial Services, and International Services, in addition to Schwab Asset Management.

Charles Schwab has over 5,000 employees in North Texas

Read more at fortworthbusiness.com about the appointment of Rick Wurster as the new president of Charles Schwab.

Charles Schwab is interviewed on Bloomberg’s David Rubenstein Show.