schwab has been married twice. he has three children from his first marriage to susan (cotter) schwab: charles jr. (known as "sandy"), carrie, and virginia. charles and susan schwab later divorced. schwab remarried, to helen o'neill, with whom he has two children: michael and helen. his daughter carrie is married to author gary pomerantz. she is president of the charles and helen schwab foundation and also served as a council member on president obama's advisory council on financial capability. his son sandy, who played quarterback at northwestern university, is also the father of four children: haley, samantha, sydney, and charlie.