A changing of guard at Schwab: Graves to leave post at adviser operation.

Investment News, January, 2002 by Southall, Brooke

Gerald Graves, the man at Schwab Institutional whom many advisers consider their staunchest champion, is being moved out, but there may be a silver lining, analysts say.

Mr. Graves, 40, Schwab Institutional's chief operating officer since 2000, is relinquishing his role to help lead a new group at Charles Schwab Corp. aimed at gathering assets from larger corporations.

The turn of events marks the end of a sweeping changing of the guard at Schwab Institutional, which faces new challenges now that it has grown to about $230 billion in assets.

It puts Deborah D. McWhinney, 46, Schwab Institutional's new president, directly under the spotlight. Until now, she has shared power with Mr. Graves.

Mr. Graves came to Schwab...

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