Schwab honors its longstanding support for
golf and the Dallas-Fort Worth community with a one-of-a-kind
Champion’s Prize
Today, almost five decades since "May Day," a pivotal moment in
the history of Wall Street and Schwab when brokerage firms were
first allowed to set their own commission rates, Schwab unveiled
this year’s one-of-a-kind Champion’s Prize, a fully restored and
modernized 1975 Schwab Stingray. The company also announced several
new and returning programming elements for the upcoming 2024
Charles Schwab Challenge PGA TOUR event, which is set for Memorial
Day Weekend, May 23-26, in Fort Worth, Texas.
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The winner of the 2024 Charles Schwab
Challenge will drive off in a fully restored 1975 Schwab Stingray -
along with Colonial’s Leonard Trophy and Scottish Royal Tartan
Plaid jacket. (Photo courtesy of Schwab)
“This year’s Champion’s Prize pays homage to 1975, the year that
helped reshape Wall Street, when regulated stock trading
commissions came to an end and Chuck Schwab opened the doors to
investing wider for individuals by reducing commissions. Chuck’s
foresight ushered in a new era, making investing more accessible,”
said Stacy Hammond, Managing Director and Chief Marketing Officer
of Charles Schwab.
“We are proud to be the title sponsor of this storied tournament
in our company’s home in the Dallas-Fort Worth Metroplex and to
continue to redefine what a Champion’s Prize can be – just like how
Schwab redefined our industry, nearly 50 years ago on May Day.”
Honoring this year’s Champion with a 1975 Schwab
Stingray
The winner of the Charles Schwab Challenge will drive off with
an exclusive Champion’s Prize – the 1975 Schwab Stingray – along
with Colonial’s Leonard Trophy and Scottish Royal Tartan Plaid
jacket.
Customized by County Corvette out of West Chester, Pa., the 1975
Schwab Stingray is fully restored, modernized and loaded with
cutting-edge technology as a symbol of the firm’s commitment to
innovation in service of its clients.
The 1975 Schwab Stingray features a:
- One-off 1975 body and custom LT1 hood
- Modern GM LS3 V-8 motor generating more than 450
horsepower
- GM 6L90 6-speed automatic transmission
- One-of-a-kind Schwab badging on the trunk of the car
- Custom console featuring an engraved champion’s nameplate
- Hand-stitched interior upholstery with the Colonial’s signature
Tartan Plaid trim
This 2024 Champion’s Prize continues the tradition that began
five years ago in 2019 with the fully renovated and customized 1973
Schwab Challenger, then the 1946 Schwab Power Wagon in 2021, the
1979 Schwab Firebird in 2022, and most recently the 1973 Schwab
Bronco which was won by 2023 Charles Schwab Challenge Champion,
Emiliano Grillo.
Honoring our Heroes on Memorial Day Weekend
Schwab is proud to be an employer of choice for many who have
served in the military and those who continue to serve. Over
Memorial Day Weekend, Schwab will once again honor our heroes at
the 2024 Charles Schwab Challenge.
As part of its support for The Simpson Cup, an annual golf
tournament between teams of injured servicemen and veterans, Schwab
will once again host a work experience event during tournament
week, with the organization’s On Course Foundation. The Foundation
helps injured and disabled veterans build confidence and
self-determination by opening doors to meaningful employment
opportunities in the golf industry. Participants in the program
will be onsite at the Colonial, working throughout the week, and
participate in a golf skills clinic on Tuesday, May 21. Schwab has
served as a proud partner of the On Course Foundation and The
Simpson Cup since 2022.
Continuing a tradition that started in 2019 when Schwab took
over sponsorship of the tournament, there will once again be a stop
in play on Sunday, May 26 for PGA TOUR players, caddies and fans,
to take time to reflect on those individuals in the military who
lost their lives while serving our country. The moment of silence
will conclude with a military flyover as a reminder of the
significance of Memorial Day.
The Challengers Film Series
Schwab’s award-winning digital content series, “The
Challengers,” returns for the sixth straight year to recognize and
celebrate those individuals in golf who, like the firm, challenge
the status quo. Episodes feature:
- Golfer and content creator Gabriella DeGasperis, who leads with
positivity on and off the course
- Fried Egg Golf founder Andy Johnson, who is working to make
golf architecture more approachable
- Former golf-writer turned country club operator Tom Coyne, who
is helping revitalize a storied course in the Catskills.
- PGA Teaching Professional Michael Block, who won the hearts of
golf fans and became a household name after his history-making play
at the 2023 PGA Championship at Oak Hill.
The 5 Performance Center
Onsite at Colonial, the state-of-the-art fan engagement zone,
“The 5: Schwab Performance Center,” will return, inspired by
tournament legend Ben Hogan’s “Five Lessons, The Modern
Fundamentals of Golf" and Schwab’s approach to thematic investing,
which helps individuals discover and invest in trends and new
opportunities that align with their interests and values.
“The 5” features several interactive elements providing fans
with an opportunity to get their golf swing analyzed by a PGA
Teaching Professional, a chance to putt with one of Ben Hogan’s
original putters and golf simulators that let fans digitally tee
off on Colonial’s new 8th hole. Fans with tickets to the Charles
Schwab Challenge can visit the Schwab Performance Center from May
23-26.
Charles Schwab & Co. signed on as title sponsor of the
annual event at Colonial Country Club for the 2019 Charles Schwab
Challenge. Already a major sponsor of the PGA TOUR and PGA TOUR
Champions, the firm’s initial four-year agreement, which has been
extended through 2026, marked its first-ever title sponsorship of a
PGA TOUR event. Schwab continues as a vital part of the D-FW
Metroplex financial community where its 70-acre campus in Westlake
is home to the firm’s corporate headquarters.
For more information on the tournament and this year’s
initiatives, visit www.schwabgolf.com and
www.charlesschwabchallenge.com. The tournament will be broadcast
nationally to a televised audience on CBS and the Golf Channel.
About Charles Schwab & Co.
At Charles Schwab, we believe in the power of investing to help
individuals create a better tomorrow. We have a history of
challenging the status quo in our industry, innovating in ways that
benefit investors and the advisors and employers who serve them,
and championing our clients’ goals with passion and integrity. More
information is available at aboutschwab.com. Follow us on X,
Facebook, YouTube, and LinkedIn.
Brokerage Products: Not FDIC Insured · No Bank Guarantee ·
May Lose Value © 2024 Charles Schwab & Co., Inc. Member
SIPC.
0524-ZTJ5
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version on businesswire.com: https://www.businesswire.com/news/home/20240501314689/en/
Pete Greenley Charles Schwab 415-667-0722
peter.greenley@schwab.com
Charles Schwab (NYSE:SCHW)
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