secwatch.observer — SEC 8-K summary
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Issuer:     WESCO INTERNATIONAL INC (WCC)
CIK:        0000929008
Form:       8-K
Filed at:   2026-02-10T23:59:59+00:00
Accession:  0000929008-26-000005
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/929008/000092900826000005/0000929008-26-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/929008/000092900826000005/wcc-20260205.htm
  HTML page:      https://secwatch.observer/filing/0000929008-26-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer