Charles Schwab Worldwide Funds announces Board changes

Maria Nikolova

Mark Fischer, who serves as Vice President and Chief Financial Officer of Charles Schwab Investment Management, has been appointed to the Board.

The Board of Directors of Charles Schwab Worldwide Funds plc today announces that George Pereira has retired from the Board with effect from July 31, 2020.

Mark Fischer has been appointed to the Board with effect from July 31, 2020.

Mr Fischer serves as Vice President and Chief Financial Officer of Charles Schwab Investment Management, Inc. and is responsible for managing the Fund Administration, Fund Accounting, Transfer Agent, Tax, Fund Services and Trading Operations teams.

He joined Schwab in 2013, with over 20 years of asset management experience specializing in fund administration. Prior to Schwab, Mr Fischer was the Executive Director of Fund Administration at JPMorgan Investor Services in Boston. Previously, Mr Fischer was a Vice President and Assistant Treasurer at MFS Investment Management in Boston. Prior to MFS, he was a Vice President at JPMorgan and started his career at State Street Bank.

Mark Fischer received his Bachelors of Science degree in Accounting from the University of New Hampshire.

Mr Fischer has been appointed as an independent non-executive director of the Company.

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