WESCO CFO David Schulz to retire May 2026; Neel Dev named successor CFO
WESCO International said CFO David Schulz plans to retire effective May 31, 2026, and named Indraneel Dev as Executive Vice President and Chief Financial Officer, effective on a mutually agreed date in February 2026. Schulz will shift to a special advisor role to the CEO until retirement, and the filing says his decision was not due to any disagreement with the company. The change is a planned leadership transition at the finance chief level, and the filing contains no financial results or guidance.
Key points
- David Schulz, CFO since 2016, retires effective May 31, 2026, serving as Special Advisor to the CEO until then
- Neel Dev, formerly CFO and Chief Revenue Officer of Congruex LLC, joins as CFO in February 2026
- Dev's base salary is $800,000, with a $500,000 sign-on cash bonus and sign-on restricted stock units granted at $1,500,000 and $2,800,000
- Dev's expected 2026 annual equity award has an aggregate grant date fair value of $2,700,000
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 10, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.