3.0
Jun 24, 2008
Former employee
San Francisco, CA
Recommend
CEO approval
Business Outlook
Pros
Chuck Schwab is the best reason. I was there when Chuck stepped back in and took control of the company. He did absolutely the right thing! And, they have an awesome brand name and presence in the market place.
Cons
Unfortunately, many of the people that drove the company into the ground are still there and don't want to change. As a result, they "cling" to the way things were and often reply, "that is the Schwab way"--when it, in fact, is no longer what executive management wants. So people coming in wanting to leverage the opportunity for change are frustrated by the lack of movement viewed skeptically. There appears to be a house cleaning going on....so maybe more change can happen.