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Get filing alertsWESCO's former CFO David Schulz retires, enters consulting deal through year-end
Filed June 2, 2026 · Period ending May 28, 2026 · ~1 min read
Key Changes
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David Schulz, who stepped down as CFO in February 2026, formally retired May 31 after serving as special advisor to the CEO. He immediately began a consulting role through December 31, 2026.
Item 5.02 verify on EDGAR → -
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Under the consulting agreement, Schulz receives hourly fees and his unvested equity awards continue vesting through the consulting period. Specific compensation rates were not disclosed.
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At the May 28 annual meeting, shareholders elected all ten director nominees for one-year terms and approved executive compensation with over 96% support.
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Shareholders ratified PricewaterhouseCoopers LLP as independent auditor for fiscal year 2026 in routine annual vote.
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Summary
WESCO International completed the transition of former CFO David Schulz, who retired May 31, 2026 after serving as special advisor to the CEO since stepping down from the CFO role in February. The company immediately engaged Schulz as a consultant through year-end 2026, allowing continued access to his expertise during the leadership transition.
He will receive hourly consulting fees and his equity awards will continue vesting through the consulting period, though specific compensation details were not disclosed. The filing also reported routine annual meeting results from May 28, where shareholders re-elected all ten directors and strongly endorsed executive compensation with over 96% approval. PricewaterhouseCoopers was ratified as auditor for 2026.
For investors, this represents a standard executive transition with continuity measures. Watch for any updates on the consulting arrangement's extension beyond 2026 or announcements about Schulz's successor's performance in the CFO role.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Former CFO David Schulz retired May 31, 2026 and entered consulting agreement through year-end with continued equity vesting.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
Effective June 1, 2026, the Company and Mr. Schulz entered into a consulting services agreement (the “Consulting Agreement”), pursuant to which Mr. Schulz will provide consulting services as a non-employee consultant to the Company until December 31, 2026, unless extended by mutual agreement of the parties.
WESCO engaged Schulz as a consultant starting June 1, 2026 through year-end 2026, with possible extension. This arrangement allows the company to retain access to Schulz's expertise during the transition period following his retirement.
Event · Item 5.07 — Submission of Matters to a Vote of Security Holders
WESCO held its 2026 Annual Meeting on May 28, electing ten directors, approving executive compensation, and ratifying PwC as auditor.
Show 2 minor / wording changes
Added in current filing · verify on EDGAR →
Based on the votes set forth above, each director nominee was duly elected to serve for a one-year term expiring at the Annual Meeting of Stockholders to be held in 2027 or until their successors are otherwise duly elected and qualified.
All ten director nominees were elected at the May 28, 2026 Annual Meeting. The directors include John J. Engel, Glynis A. Bryan, Michael L. Carter, Anne M. Cooney, Matthew J. Espe, Sundaram Nagarajan, James L. Singleton, Easwaran Sundaram, Laura K. Thompson, and David C. Wajsgras, each serving one-year terms until the 2027 annual meeting.
Added in current filing · verify on EDGAR →
Based on the votes set forth above, with votes “for” representing over 96% of the votes cast, the stockholders approved, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers.
Shareholders approved executive compensation on an advisory basis with over 96% support. This non-binding vote indicates strong shareholder approval of the company's executive pay practices.
Event · Item 9.01 — Financial Statements and Exhibits
WESCO entered into a consulting services agreement with David Schulz effective June 1, 2026.
Added in current filing · verify on EDGAR →
Consulting Services Agreement, dated June 1, 2026, between WESCO International, Inc. and David Schulz
WESCO International has entered into a consulting services agreement with David Schulz effective June 1, 2026. The 8-K does not provide details about the scope, duration, or compensation terms of the consulting arrangement. This filing discloses the existence of the agreement as a material contract.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 3, 2026 · How we verify