Albert J. Miralles departed as Chief Financial Officer at CDW Corp.
“On August 3, 2026, Albert J. Miralles, Chief Financial Officer and Executive Vice President, Enterprise Business Operations, informed CDW Corporation (the “Company”) of his intention to retire in 2027 following the completion of an orderly transition.”
Shareholder Votes
CDW Corp shareholders rejected Stockholder Proposal Regarding Independent Board Chair Requirements at the 2026-05-26 meeting.
“Proposal 5 – Stockholder Proposal Regarding Independent Board Chair Requirements : The stockholders did not approve a stockholder proposal regarding independent board chair requirements, based on the following voting results: Votes For Votes Against Abstentions Broker Non-Votes 48,696,005 65,473,510 222,594 6,520,683”
Shareholder Votes
CDW Corp shareholders approved Approval of the Amendment to the Company's Certificate of Incorporation to Permit Stockholder Action by Written Consent at the 2026-05-26 meeting.
“Proposal 4 — Approval of the Amendment to the Company’s Certificate of Incorporation to Permit Stockholder Action by Written Consent : The stockholders approved the amendment to the Company’s Certificate of Incorporation to permit stockholder action by written consent, based on the following voting results: Votes For Votes Against Abstentions Broker Non-Votes 112,805,919 1,493,062 93,128 6,520,683”
Shareholder Votes
CDW Corp shareholders approved Ratification of Selection of Independent Registered Public Accounting Firm at the 2026-05-26 meeting.
“Proposal 3 — Ratification of Selection of Independent Registered Public Accounting Firm : The stockholders ratified the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026, based on the following voting results: Votes For Votes Against Abstentions Broker Non-Votes 118,479,884 2,338,014 94,894 0”
Shareholder Votes
CDW Corp shareholders approved Advisory Vote to Approve Named Executive Officer Compensation at the 2026-05-26 meeting.
“Proposal 2 — Advisory Vote to Approve Named Executive Officer Compensation : The stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers, based on the following voting results: Votes For Votes Against Abstentions Broker Non-Votes 104,077,745 10,143,765 170,599 6,520,683”
Shareholder Votes
CDW Corp shareholders approved Election of nine directors with terms expiring at the Company's 2027 Annual Meeting of Stockholders at the 2026-05-26 meeting.
“Item 5.07 Submission of Matters to a Vote of Security Holders. The final voting results for each of the matters submitted to a stockholder vote at the Annual Meeting are set forth below. Proposal 1 — Election of Directors : The stockholders elected the nine directors listed below with terms expiring at the Company’s 2027 Annual Meeting of Stockholders, subject to the election and qualification of their successors, based on the following voting results: Votes For Votes Against Abstentions Broker Non-Votes Name of Nominee Virginia C. Addicott 111,342,104 1,437,734 1,612,271 6,520,683 James A. Bell 110,869,434 3,448,760 73,915 6,520,683 Lynda M. Clarizio 112,671,059 1,658,785 62,265 6,520,683 Anthony R. Foxx 113,870,605 447,996 73,508 6,520,683 Kelly J. Grier 113,077,672 1,242,663 71,774 6,520,683 Marc E. Jones 113,923,298 394,648 74,163 6,520,683 Christine A. Leahy 109,520,767 4,444,194 427,148 6,520,683 David W. Nelms 109,642,855 4,687,761 61,493 6,520,683 Joseph R. Swedish 112,612,408”
Earnings Releases
CDW Corp reported first quarter 2026 results: revenue $5,679.8, net income $235.4, EPS $1.82.
“EX-99.1 (EX-99.1) --- CDW Reports First Quarter 2026 Earnings (Dollars in millions, except per share amounts) Three Months Ended March 31, 2026 2025 Percent Change Net sales $ 5,679.8 $ 5,199.1 9.2 % Gross profit $ 1,190.0 $ 1,122.3 6.0 Gross profit margin 21.0 % 21.6 % Operating income $ 376.0 $ 361.4 4.0 Operating income margin 6.6 % 7.0 % Non-GAAP operating”
Material Agreements
CDW Corp entered into New Loan Agreement with JPMorgan Chase Bank, N.A., as administrative agent, Wells Fargo Commercial Distribution Finance, LLC, as floorplan funding agent, and the joint lead arrangers, joint bookrunners, co-syndication agents, and co-documentation agents party thereto valued at $2,884.5 million (effective 2025-12-17).
“On December 17, 2025 (the “Effective Date”), CDW LLC, an Illinois limited liability company (“CDW”), entered into a new five-year $2,884.5 million senior unsecured credit facility (the “Senior Credit Facility”), consisting of (a) a term loan facility in the amount of $634.5 million, fully funded on the Effective Date, and (b) a revolving loan facility in the amount of $2,250.0 million, with a letter of credit subfacility of $175,000,000 and a swingline subfacility of $100,000,000 thereunder . The terms of the Senior Credit Facility are set forth in the Credit Agreement, dated as of December 17, 2025, by and among CDW, CDW Finance Holdings Limited, a private limited company incorporated under the laws of England and Wales with company number 05872067 (the “UK Borrower”), the guarantors party thereto, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, Wells Fargo Commercial Distribution Finance, LLC (“Wells Fargo CDF”), as floorplan funding agent, and the join”
Debt Financings
CDW Corp incurred credit facility of $2,884.5 million with JPMorgan Chase Bank, N.A., as administrative agent at alternate base rate plus an initial margin of 0.125% or a SOFR-based rate (with maturing the fifth anniversary of the Effective Date.
“On December 17, 2025 (the “Effective Date”), CDW LLC, an Illinois limited liability company (“CDW”), entered into a new five-year $2,884.5 million senior unsecured credit facility (the “Senior Credit Facility”), consisting of (a) a term loan facility in the amount of $634.5 million, fully funded on the Effective Date, and (b) a revolving loan facility in the amount of $2,250.0 million, with a letter of credit subfacility of $175,000,000 and a swingline subfacility of $100,000,000 thereunder.”
Governance Changes
CDW Corp: Amended and restated bylaws to align with Delaware law and current practice, and revised advance notice provisions for stockholder nominations and proposals (effective 2024-12-16).
“On December 16, 2024, in connection with a periodic review of CDW Corporation’s (the “Company”) bylaws, the Board of Directors of the Company adopted amended and restated bylaws (as amended, the “Amended and Restated Bylaws”), effective immediately.”
Christina M. Corley changed role as President, International and Vice Chair at CDW Corp.
“On October 24, 2024, CDW Corporation (the “Company”) and Christina M. Corley, the Company’s current Chief Commercial and Operating Officer, agreed that Ms. Corley will transition to the role of President, International and Vice Chair of the Company, effective October 25, 2024 through December 31, 2025”
Earnings Releases
CDW Corp reported FY 2023 results: revenue 21,376.0, net income 1,104.3, EPS 8.10.
“Net Sales $ 5,018.5 $ 5,438.3 (7.7) % $ 21,376.0 $ 23,748.7 (10.0) % Average Daily Sales 1 79.7 86.3 (7.7) 84.2 93.5 (10.0) Gross Profit 1,153.8 1,181.1 (2.3) 4,652.4 4,686.6 (0.7) Operating Income 435.0 446.6 (2.6) 1,680.9 1,735.2 (3.1) Net Income 296.1 287.2 3.1 1,104.3 1,114.5 (0.9) Net Income per Diluted Share $ 2.18 $ 2.09 4.3 $ 8.10 $ 8.13 (0.4) Non-GAAP Operating Income 2 518.7 523.1 (0.8) 2,039.1 2,050.5 (0.6) Non-GAAP Net Income per Diluted Share 2 $ 2.57 $ 2.50 2.8 % $ 9.88 $ 9.79 0.9 %”
Earnings Releases
CDW Corp reported Q4 2023 results: revenue 5,018.5, net income 296.1, EPS 2.18.
“Net Sales $ 5,018.5 $ 5,438.3 (7.7) % $ 21,376.0 $ 23,748.7 (10.0) % Average Daily Sales 1 79.7 86.3 (7.7) 84.2 93.5 (10.0) Gross Profit 1,153.8 1,181.1 (2.3) 4,652.4 4,686.6 (0.7) Operating Income 435.0 446.6 (2.6) 1,680.9 1,735.2 (3.1) Net Income 296.1 287.2 3.1 1,104.3 1,114.5 (0.9) Net Income per Diluted Share $ 2.18 $ 2.09 4.3 $ 8.10 $ 8.13 (0.4) Non-GAAP Operating Income 2 518.7 523.1 (0.8) 2,039.1 2,050.5 (0.6) Non-GAAP Net Income per Diluted Share 2 $ 2.57 $ 2.50 2.8 % $ 9.88 $ 9.79 0.9 %”
Earnings Releases
CDW Corp reported third quarter 2023 results: revenue $5,628.3 million, net income $315.5 million, EPS $2.32.
“leading and emerging technology brands as the IT market continues to evolve," concluded Leahy. 1 Third Quarter of 2023 Highlights: Net sales in the third quarter of 2023 were $5,628 million, compared to $6,216 million in the third quarter of 2022, a decrease of 9.4 percent. There were 63 and 64 selling days for the three months ended September 30, 2023 and 2022,”
Earnings Releases
CDW Corp reported Six Months Ended June 30, 2023 results: revenue $ 10,729.2, net income 492.7, EPS $ 3.60.
“(Dollars in millions, except per share amounts) Three Months Ended June 30, Six Months Ended June 30, 2023 2022 % Chg. 2023 2022 % Chg. Net Sales $ 5,626.1 $ 6,145.8 (8.5) $ 10,729.2 $ 12,094.9 (11.3) Average Daily Sales 1 87.9 96.0 (8.5) 83.8 95.2 (12.0) Gross Profit 1,181.5 1,168.2 1.1 2,270.9 2,272.3 (0.1) Operating Income 412.2 435.3 (5.3) 767.5 822.2 (6.7) Net Income 262.6 279.3 (6.0) 492.7 529.5 (6.9) Non-GAAP Operating Income 2 529.8 516.3 2.6 964.1 978.4 (1.5) Net Income per Diluted Share $ 1.92 $ 2.04 (5.5) $ 3.60 $ 3.87 (6.9)”
Earnings Releases
CDW Corp reported Three Months Ended June 30, 2023 results: revenue $ 5,626.1, net income 262.6, EPS $ 1.92.
“(Dollars in millions, except per share amounts) Three Months Ended June 30, Six Months Ended June 30, 2023 2022 % Chg. 2023 2022 % Chg. Net Sales $ 5,626.1 $ 6,145.8 (8.5) $ 10,729.2 $ 12,094.9 (11.3) Average Daily Sales 1 87.9 96.0 (8.5) 83.8 95.2 (12.0) Gross Profit 1,181.5 1,168.2 1.1 2,270.9 2,272.3 (0.1) Operating Income 412.2 435.3 (5.3) 767.5 822.2 (6.7) Net Income 262.6 279.3 (6.0) 492.7 529.5 (6.9) Non-GAAP Operating Income 2 529.8 516.3 2.6 964.1 978.4 (1.5) Net Income per Diluted Share $ 1.92 $ 2.04 (5.5) $ 3.60 $ 3.87 (6.9)”
Kelly J. Grier was elected as Director at CDW Corp.
“On July 31, 2023, the board of directors (the “Board”) of CDW Corporation (the “Company”) increased the size of the Board from ten directors to eleven directors and elected Kelly J. Grier to fill the newly-created directorship.”
Governance Changes
CDW Corp: Amended Certificate of Incorporation to allow stockholders right to call special meetings and to reflect new Delaware law regarding officer exculpation, effective upon filing with Delaware Secretary of State on May 18, 2023 (effective 2023-05-18).
“The Amendments to the Certificate of Incorporation became effective upon the filing of the Seventh Amended and Restated Certificate of Incorporation (the “Amended and Restated Certificate of Incorporation”) with the Secretary of State of the State of Delaware on May 18, 2023.”
Shareholder Votes
CDW Corp shareholders approved Amendment to Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation at the 2023-05-18 meeting.
“The stockholders approved the amendment to the Company’s Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation, based on the following voting results:”
Shareholder Votes
CDW Corp shareholders approved Amendment to Certificate of Incorporation to allow stockholders the right to call special meetings at the 2023-05-18 meeting.
“The stockholders approved the amendment to the Company’s Certificate of Incorporation to allow stockholders the right to call special meetings, based on the following voting results:”
Shareholder Votes
CDW Corp shareholders approved Ratification of Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2023 at the 2023-05-18 meeting.
“The stockholders ratified the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023, based on the following voting results:”
Shareholder Votes
CDW Corp shareholders approved Advisory vote on frequency of future advisory votes on executive compensation at the 2023-05-18 meeting.
“The stockholders approved, on an advisory basis, one year as the frequency of the advisory vote to approve the compensation of the Company’s named executive officers, based on the following voting results:”
Shareholder Votes
CDW Corp shareholders approved Advisory vote on executive compensation at the 2023-05-18 meeting.
“The stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers, based on the following voting results:”
Shareholder Votes
CDW Corp shareholders approved Election of ten directors with terms expiring at the Company's 2024 Annual Meeting of Stockholders at the 2023-05-18 meeting.
“The stockholders elected ten directors with terms expiring at the Company’s 2024 Annual Meeting of Stockholders, subject to the election and qualification of their successors, based on the following voting results:”
Earnings Releases
CDW Corp reported first quarter 2023 results: revenue $5,103.1, net income $230.1, EPS $1.68.
“Record First Quarter Profit Margins Reinforce Durability of Strategy (Dollars in millions, except per share amounts) Three Months Ended March 31, 2023 2022 % Chg. Net Sales $ 5,103.1 $ 5,949.1 (14.2) Average Daily Sales 1 79.7 94.4 (15.6) Gross Profit 1,089.4 1,104.1 (1.3) Operating Income 355.3 386.9 (8.2) Net Income 230.1 250.2 (8.0) Non-GAAP Operating”
Earnings Releases
CDW Corp reported the three months ended March 31, 2023 results: revenue approximately $5.1 billion. Guidance lowered.
“of our strategy, the diversity of our business model, and the ability of our team to execute and take share," concluded Ms. Leahy. "First quarter Net sales were approximately $5.1 billion. A greater mix of high-value solutions and services contributed to strong first quarter gross margin but the magnitude of the shift to more cautious buying was significant, and”
Paul J. Finnegan retired as Director at CDW Corp.
“Paul J. Finnegan notified the Company’s Board of Directors (the “Board”) of his decision to retire as a member of the Board, effective immediately prior to the Company’s 2023 annual meeting of stockholders.”
Earnings Releases
CDW Corp reported the year ended December 31, 2022 results: revenue $23,748.7, net income 1,114.5, EPS $8.13.
“Net Sales $ 5,438.3 $ 5,536.9 (1.8) % $ 23,748.7 $ 20,820.8 14.1 % Average Daily Sales 1 86.3 87.9 (1.8) 93.5 82.0 14.1 Gross Profit 1,181.1 975.6 21.1 4,686.6 3,568.5 31.3 Operating Income 446.6 339.3 31.6 1,735.2 1,419.0 22.3 Net Income 287.2 215.3 33.4 1,114.5 988.6 12.7 Non-GAAP Operating Income 2 523.1 424.5 23.2 2,050.5 1,645.4 24.6 Net Income per Diluted Share $ 2.09 $ 1.57 33.1 $ 8.13 $ 7.04 15.6 Non-GAAP Net Income per Diluted Share 2 $ 2.50 $ 2.08 20.6 % $ 9.79 $ 7.97 22.9 %”
Earnings Releases
CDW Corp reported the three months ended December 31, 2022 results: revenue $5,438.3, net income 287.2, EPS $2.09.
“Net Sales $ 5,438.3 $ 5,536.9 (1.8) % $ 23,748.7 $ 20,820.8 14.1 % Average Daily Sales 1 86.3 87.9 (1.8) 93.5 82.0 14.1 Gross Profit 1,181.1 975.6 21.1 4,686.6 3,568.5 31.3 Operating Income 446.6 339.3 31.6 1,735.2 1,419.0 22.3 Net Income 287.2 215.3 33.4 1,114.5 988.6 12.7 Non-GAAP Operating Income 2 523.1 424.5 23.2 2,050.5 1,645.4 24.6 Net Income per Diluted Share $ 2.09 $ 1.57 33.1 $ 8.13 $ 7.04 15.6 Non-GAAP Net Income per Diluted Share 2 $ 2.50 $ 2.08 20.6 % $ 9.79 $ 7.97 22.9 %”
Marc E. Jones was elected as Director at CDW Corp.
“On January 4, 2023, the board of directors (the “Board”) of CDW Corporation (the “Company”) increased the size of the Board from ten directors to eleven directors and elected Marc E. Jones to fill the newly-created directorship.”
Governance Changes
CDW Corp: Amended and restated bylaws to reflect universal proxy rules, DGCL amendments, and other procedural updates (effective 2022-12-14).
“On December 14, 2022, in connection with the effectiveness of new Securities and Exchange Commission rules regarding universal proxy cards, certain recent changes to the Delaware General Corporation Law (the “DGCL”) and a periodic review of the bylaws of CDW Corporation (the “Company”), the Company’s board of directors (the “Board”) adopted amended and restated bylaws (as amended, the “Amended and Restated Bylaws”), effective immediately.”
Earnings Releases
CDW Corp reported third quarter 2022 results: revenue $6,215.5, net income $297.8, EPS $2.17.
“Model and Strategy (Dollars in millions, except per share amounts) Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 % Chg. 2022 2021 % Chg. Net Sales $ 6,215.5 $ 5,300.0 17.3 $ 18,310.4 $ 15,283.9 19.8 Average Daily Sales 1 97.1 82.8 17.3 95.9 80.0 19.8 Gross Profit 1,233.2 914.9 34.8 3,505.5 2,592.9 35.2 Operating Income 466.4 386.4”
Ilaria Mocciaro departed as Vice President, Controller and Chief Accounting Officer at CDW Corp.
“Ilaria Mocciaro stepped down from her position as the Company's Vice President, Controller and Chief Accounting Officer as of April 18, 2022 and will continue to provide services to the Company until September 2022 to assist with the transition.”
Peter R. Locy was appointed as Vice President, Controller and Chief Accounting Officer at CDW Corp.
“Peter R. Locy will be joining the Company as its Vice President, Controller and Chief Accounting Officer on May 9, 2022.”
Elizabeth H. Connelly changed role as Senior Vice President – Healthcare at CDW Corp.
“announced that Elizabeth H. Connelly, Chief Human Resources Officer and Senior Vice President, Coworker Services, will transition to a new role as Senior Vice President – Healthcare of the Company.”
Douglas E. Eckrote departed as Senior Vice President, Small Business Sales & Business Transformation at CDW Corp.
“CDW Corporation (the “Company”) announced that Douglas E. Eckrote, Senior Vice President, Small Business Sales & Business Transformation, notified the Company on November 16, 2021 of his plans to retire from the Company effective January 2022.”
Collin B. Kebo departed as Senior Vice President and Chief Financial Officer at CDW Corp.
“Collin B. Kebo, Senior Vice President and Chief Financial Officer, will be retiring from his current position when Mr. Miralles joins the Company.”
Albert J. Miralles was appointed as Senior Vice President and Chief Financial Officer at CDW Corp.
“Albert J. Miralles will be joining the Company as its Senior Vice President and Chief Financial Officer, effective September 7, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.