(SAN FRANCISCO) -- Charles Schwab, the 76-year-old chairman of the financial services corporation that bears his name, is recovering from heart valve replacement surgery, which he underwent Friday.
"He is resting comfortably and recuperating well from the surgery and expects to return home in the next few days," the Charles Schwab Corp. said in a statement Monday.
In 1973, Schwab founded what developed into the Charles Schwab Corp. He has served as the company's chairman since 1986.
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