Schwab Taps Cox as Chief Operating Officer of Corporate Services

Charles Schwab has announced the hiring of Tony Cox, a new senior executive to help lead the Schwab Corporate&Retirement Services division.

Cox will be in charge of various business-to-business enterprises at Schwab, including Schwab’s investment-only sales and mutual fund clearing businesses, and will lead the divisions that provide companies with corporate brokerage and stock plan services. He will be joining the firm as senior vice president and chief operating officer of corporate services, reporting to Jim McCool.

Cox comes to Schwab with more than 26 years of experience in the industry. He was previously with INVESCO, Inc., and had been there since 1986. He was most recently the head of North American distribution and responsible for leading institutional sales, marketing and relationship management.

His prior positions with INVESCO include serving as head of the financial institutions group and as executive vice president of INVESCO Retirement, Inc.