Wesco International
WESCO International, Inc. has announced the upcoming retirement of Dave Schulz, Executive Vice President and Chief Financial Officer, effective May 2026. Following his departure, Indraneel “Neel” Dev will assume the role of Executive Vice President and Chief Financial Officer. Dev is set to join the company in February 2026 to facilitate a seamless transition.
Dave Schulz has served as WESCO’s CFO for ten years, contributing significantly to the company’s growth and success. His experience and leadership have been instrumental during a period of substantial transformation for WESCO.
Indraneel Dev brings a wealth of experience to his new role. Most recently, he served as Chief Financial Officer and Chief Revenue Officer at Congruex LLC, a firm specializing in communications network infrastructure. Before this, he held the CFO position at Lumen Technologies and has extensive financial leadership experience with companies such as Level 3 Communications, MCI, and MFS Communications.
Mr. Dev holds a Bachelor of Arts in Mathematics from the University of Delhi and an MBA from the University of Arizona. Additionally, he is a CFA charterholder, underscoring his expertise in financial management.
Leadership Comments on Transition
John J. Engel, Chairman, President, and CEO of WESCO, expressed his confidence in Dev’s capabilities, stating, “Neel is a seasoned CFO with extensive financial, commercial, and operational experience in multiple end markets served by WESCO. He has demonstrated an ability to navigate complex financial environments and deliver superior growth and value creation.”
Engel also extended gratitude to Schulz for his dedicated service, noting, “On behalf of our Board of Directors and our entire WESCO team, I would like to thank Dave for his outstanding and dedicated service and tremendous contributions to our success over the past 10 years.”
About WESCO International
WESCO International operates as a leading provider of business-to-business distribution, logistics services, and supply chain solutions. Headquartered in Pittsburgh, Pennsylvania, the company achieved approximately $24 billion in annual sales in 2025. WESCO’s expansive portfolio includes Electrical and Electronic Solutions, Communications and Security Solutions, and Utility and Broadband Solutions.
Employing around 21,000 people, WESCO partners with prominent suppliers to serve thousands of customers globally. The company operates more than 700 sites in approximately 50 countries, ensuring a local presence coupled with a global network capable of supporting multi-location businesses and large corporations.
WESCO’s commitment to innovative solutions is evident in its extensive product offerings and end-to-end supply chain services, addressing the diverse needs of commercial and industrial businesses, technology companies, telecommunications providers, and utility services.
For further information, please contact:
Scott Gaffner, Senior Vice President, Investor Relations
Jennifer Sniderman, Vice President, Corporate Communications
