0000929008false00009290082025-08-202025-08-20
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 20, 2025
WESCO International, Inc.
(Exact name of registrant as specified in its charter)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Delaware |
|
001-14989 |
|
25-1723342 |
(State or other jurisdiction of incorporation) |
|
(Commission File Number) |
|
(IRS Employer Identification No.) |
|
|
|
|
|
|
225 West Station Square Drive Suite 700 |
|
|
|
15219 |
| Pittsburgh, |
Pennsylvania |
|
|
|
(Zip Code) |
| (Address of principal executive offices) |
|
|
|
|
(412) 454-2200
(Registrant's telephone number, including area code)
Not applicable.
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Title of Class |
|
Trading Symbol(s) |
|
Name of Exchange on which registered |
| Common Stock, par value $.01 per share |
|
WCC |
|
New York Stock Exchange |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). |
|
|
|
|
|
| Emerging growth company |
|
☐ |
|
|
|
|
|
|
|
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ |
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) Nelson Squires, Executive Vice President and General Manager, Electrical & Electronics Solutions, is retiring from WESCO International, Inc. (the “Company”) effective September 30, 2025. The Company is appointing Daniel Castillo as Executive Vice President and General Manager, Electrical & Electronics Solutions.
Item 7.01 Regulation FD Disclosure.
On August 25, 2025, the Company issued a press release regarding the above Item, attached hereto as Exhibit 99.1.
The information in this Item 7.01 is being furnished and shall not be deemed “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. The information in this Item 7.01 shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
|
|
|
|
|
|
| Exhibit No. |
Description |
| 99.1 |
|
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
|
|
|
|
|
|
|
|
|
|
WESCO International, Inc. |
|
|
(Registrant) |
|
|
|
|
|
|
|
|
|
| August 25, 2025 |
By: |
/s/ David S. Schulz |
| (Date) |
|
David S. Schulz |
|
|
Executive Vice President and Chief Financial Officer |
EX-99.1
2
wcc-8k_8252025xpressrelease.htm
EX-99.1
Document
|
|
|
|
|
|
|
NEWS RELEASE |
| Wesco International / 225 West Station Square Drive, Suite 700 / Pittsburgh, PA 15219 |
Wesco Announces the Appointment of Daniel Castillo to Executive Vice President and General Manager of Electrical and Electronic Solutions
PITTSBURGH, August 25, 2025 /PRNewswire/ -- Wesco International (NYSE: WCC), a leading provider of business-to-business distribution, logistics services and supply chain solutions, announced today that effective September 1, 2025, Daniel “Danny” Castillo will assume leadership of its Electrical and Electronic Solutions (EES) strategic business unit. Mr. Castillo succeeds Nelson Squires who will be retiring on September 30.
Mr. Castillo was formerly executive vice president and president, North America for Brinks, Inc., where he led their secure solutions business in the United States, Canada and Mexico. Prior to that, he served as the executive vice president and president, North America at JELD-WEN, Inc., one of the world’s largest building products manufacturers. He also served as president of Cree Lighting, held business leadership positions at Eaton and Cooper Industries, and started his career with General Electric. Mr. Castillo holds an M.B.A. from Columbia University’s Business School and a B.S. in electrical engineering from Florida International University.
“Danny is joining Wesco and assuming leadership of our EES business at an opportune time. As we recently reported, EES sales increased 6% year-over-year in the second quarter led by strong performance in OEM and Construction, along with a return to growth in Industrial. Our improving business momentum in EES is being driven by increased sales tied to data center and infrastructure projects across the U.S. and Canada. EES is beginning to see benefits from the secular growth trends of electrification, AI-driven data centers, automation and IoT, and reshoring to North America,” said Chairman, President and CEO John Engel.
Mr. Engel continued, “Danny is a terrific addition to our Wesco management team. His successful track record of driving profitable growth will enable our EES business to build on our current positive momentum and deliver industry-leading results.”
Mr. Engel concluded, “I’d like to thank Nelson for his numerous contributions to Wesco over the past ten years and wish him well in his retirement.”
About Wesco
Wesco International (NYSE: WCC) builds, connects, powers and protects the world. Headquartered in Pittsburgh, Pennsylvania, Wesco is a FORTUNE 500® company with approximately $22 billion in annual sales in 2024 and a leading provider of business-to-business distribution, logistics services and supply chain solutions. Wesco offers a best-in-class product and services portfolio of Electrical and Electronic Solutions, Communications and Security Solutions, and Utility and Broadband Solutions. The Company employs approximately 20,000 people, partners with the industry's premier suppliers, and serves thousands of customers around the world. With millions of products, end-to-end supply chain services, and leading digital capabilities, Wesco provides innovative solutions to meet customer needs across commercial and industrial businesses, contractors, educational institutions, government agencies, technology companies, telecommunications providers, and utilities. Wesco operates more than 700 sites, including distribution centers, fulfillment centers, and sales offices in approximately 50 countries, providing a local presence for customers and a global network to serve multi-location businesses and global corporations.
Contact Information
Scott Gaffner
Senior Vice President, Investor Relations
Scott.gaffner@wescodist.com
Jennifer Sniderman
Vice President, Corporate Communications
Jennifer.sniderman@wescodist.com