WESCO INTERNATIONAL INC 8-K
Research Summary
AI-generated summary
Wesco International Names New CFO; Schulz to Retire May 2026
What Happened
WESCO International, Inc. filed a Form 8‑K (Item 5.02) reporting that Indraneel “Neel” Dev became Executive Vice President and Chief Financial Officer effective February 16, 2026. David S. Schulz continued as EVP and CFO through that mutually agreed transition date and will remain at the company as Executive Vice President and special advisor to the CEO until his retirement effective May 31, 2026. The filing was signed February 17, 2026.
Key Details
- Transition date: Indraneel “Neel” Dev assumed the EVP & CFO role on February 16, 2026.
- Outgoing CFO: David S. Schulz served through the transition date and will retire effective May 31, 2026.
- Role after transition: Schulz will serve as Executive Vice President and special advisor to the CEO until retirement.
- Disclosure: This information was reported in a Form 8‑K filed February 17, 2026 (Item 5.02), following a prior Form 8‑K on February 10, 2026 that described the planned transition.
Why It Matters
A change in the CFO role is a material leadership transition for investors because the CFO oversees financial reporting, planning, and investor communications. The filing confirms an orderly, announced handoff with Schulz remaining in an advisory capacity through May 31, 2026, which may support continuity in financial management and reporting during the transition.