Schwab's Clendening leaving with more than $5.2 mln package

NEW YORK, Dec 18 (Reuters) - John Clendening, the former co-head of Charles Schwab Corp's retail brokerage business, will collect a cash payment of $5.17 million as part of a separation agreement he signed on Dec. 10, the San Francisco-based brokerage firm said in a regulatory filing on Thursday.
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