WESCO CFO Schulz to retire May 2026; Neel Dev named successor as EVP & CFO

WESCO INTERNATIONAL INC

Dave Schulz, EVP & CFO, will retire by May 31, 2026; he steps down as CFO in Feb 2026 then serves as Special Advisor.
Neel Dev appointed EVP & CFO effective Feb 2026; previously CFO of Congruex and Lumen Technologies.
Dev receives $800K base salary, target bonus 100% (max 200%), and sign-on equity: $4.3M in RSUs with 2-3 year cliff vesting.
Dev's 2026 annual equity award expected at $2.7M (25% options, 25% RSUs, 50% PSUs); matching stock option up to 2x base.
Schulz's retirement is not due to any disagreement with the company's operations, policies, or practices.

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