Schwab became the youngest chief executive officer (CEO) of a club in Victorian Football League history when he joined Richmond in 1988.
[5] In 2001 he joined Fremantle as chief executive officer, after the club had experienced their worst ever season, sacking their coach mid-year and winning only two games for the year.
[7] Schwab was on the verge of being sacked in mid-2011, but, in a surprise move, had his contract extended by twelve months on the same weekend the club suffered a near-record 186-point loss to Geelong in round 19.
Then-president Jim Stynes said that the decision to retain Schwab was "coincidental and unrelated to the weekend's game".
[8] Melbourne started the 2013 season very badly, losing its opening two matches by a total of 227 points, including a 148-point loss to Essendon in the second round.