WESCO International Prepares for Leadership Transition with New CFO Appointment

Leadership Transition at WESCO International

WESCO International, Inc., a well-established player in the business-to-business distribution sector, has recently announced significant changes to its executive leadership team. In a press release dated February 10, 2026, the company revealed that Dave Schulz, the Executive Vice President and Chief Financial Officer, is set to retire in May 2026. This marks the end of an era for Schulz, who has served in his role for a decade, contributing immensely to the company's evolution and success.

In a strategic move, WESCO has appointed Indraneel "Neel" Dev to step into the role of Executive Vice President and Chief Financial Officer. Dev is scheduled to join the firm in February 2026, allowing for a well-planned transition period. His extensive experience in the financial sector equips him not only to assume Schulz's responsibilities but also to advance WESCO's ambitious goals moving forward.

Before his upcoming role at WESCO, Indraneel Dev held the positions of Chief Financial Officer and Chief Revenue Officer at Congruex LLC, a firm specializing in communications network infrastructure. His impressive resume also includes significant positions at Lumen Technologies, where he served as CFO, in addition to various senior finance leadership positions at Level 3 Communications, MCI, and MFS Communications. With an educational background that includes a Bachelor of Arts in Mathematics from the University of Delhi and an MBA from the University of Arizona, Dev is also a Chartered Financial Analyst (CFA).

WESCO's CEO, John J. Engel, expressed confidence in Dev's appointment, highlighting his expertise and leadership experience across multiple markets that WESCO serves. Engel emphasized that Dev's ability to navigate complex financial environments will be crucial as WESCO aims to accelerate its strategy, execute its growth initiatives, and create value for shareholders.

Reflecting on Schulz's tenure, Engel acknowledged his remarkable contributions to WESCO's success over the past ten years. Schulz's leadership was pivotal in reshaping WESCO into a formidable provider of distribution and logistics solutions. Engel thanked Schulz for his unwavering commitment and wished him the best in his retirement.

WESCO International operates from its headquarters in Pittsburgh, Pennsylvania. The company reported an annual revenue of approximately $24 billion in 2025 and is a key player in the distribution sector, providing a large portfolio of electrical, communications, and security solutions. With a workforce of roughly 21,000 employees spread over more than 700 sites globally, WESCO promotes an extensive supply chain network tailored to cater to diverse industries.

As WESCO prepares for these significant organizational changes, stakeholders and employees alike look forward to a renewed focus on growth and innovation under Indraneel Dev's financial leadership. This transition marks not just a change in personnel but also a commitment to strengthening WESCO’s position as a leader in the business-to-business landscape.

In conclusion, WESCO's strategic selection of Indraneel Dev as the new CFO is indicative of the company's forward-thinking approach aimed at sustaining momentum in today’s competitive market. With an experienced leader at the helm, WESCO is poised to continue its growth trajectory while honoring the legacy established by Dave Schulz.

About WESCO International
WESCO International (NYSE: WCC) builds, connects, powers, and protects the world. With a broad spectrum of products and services, WESCO aims to meet a variety of customer needs across commercial and industrial sectors. Continuing its legacy of innovation, WESCO's commitment to quality service and a comprehensive product mix ensures that it remains a vital partner in the supply chain industry.