Businessperson of the Year

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We start with results. Each December, when we choose Fortune’s Businessperson of the Year, we run the numbers, weighing 10 financial metrics including 12-month and 36-month increases in profits and revenue (we use a three-year window to eliminate any companies that post a great year following a slump). We also weight stock performance and total shareholder returns over the same period. Only then do we factor in those intangibles that separate so-so CEOs from the standouts—things like business influence, strategic vision, and the impact of their leadership. The result? Twenty businesspeople who delivered.
7

Walt Bettinger

CEO, Charles Schwab
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Noah Berger—Fortune Global Forum

The bull market and low-interest-rate environment have been very good indeed to brokerage Charles Schwab and its CEO of 10 years, Walt Bettinger, who joined Schwab in the ’90s when it bought his retirement-plan business. Schwab used the pain of the financial crisis to expand its off erings beyond its discount stock-trading roots to off er a little bit of everything to everyone: It’s a bank, a mutual fund combine, a full-service brokerage, a collection of wealth managers, and even a robo-adviser. The results : three-year annual revenue growth of almost 13% and annual earnings growth of more than 21%. With a 72% stock market return over the same period, add shareholders to the list of those satisfied by the
company Bettinger leads.

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