Schwab, Charles M., 1862-1939

Charles M. Schwab was born on April 18, 1862, in Williamsburg, Pa., and grew up in Loretto, Pa. In 1879, he began working for the Carnegie Co. as a stake-driver in engineering corps of Edgar Thompson Steel Works and Furnaces in Braddock, Pa. This plant formed part of Carnegie Brothers & Co., Limited. Schwab was frequently promoted while working at the Edgar Thompson Steel Works, and in 1886, Carnegie appointed him to the position of general superindentent at the Homestead works. In 1889 Schwab became general superintendent of the Edgar Thompson Steel Works and later went on to become the president of Carnegie Steel Company, Limited. During the years 1901-3 Schwab was president of U.S. Steel Corporation, and bought Bethlehem Steel Corporation.

From the description of Correspondence of Charles M. Schwab, 1891. (University of Pittsburgh). WorldCat record id: 30488200