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Charles Schwab names Michael Verdeschi as CFO

FILE PHOTO: The company logo for financial broker Charles Schwab is displayed at a location in the financial district in New York

(Reuters) - Brokerage firm Charles Schwab has appointed Michael Verdeschi as its chief financial officer, effective Oct. 1, according to a filing with the U.S. securities regulator on Thursday.

Verdeschi, who joined the company in May as the CFO, replaces Peter Crawford who is set to retire after a two-decade stint with the firm.

(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Mohammed Safi Shamsi)