WESCO International Management

Management criteria checks 3/4

WESCO International's CEO is John Engel, appointed in Sep 2009, has a tenure of 14.58 years. total yearly compensation is $10.33M, comprised of 12.7% salary and 87.3% bonuses, including company stock and options. directly owns 0.84% of the company’s shares, worth €62.05M. The average tenure of the management team and the board of directors is 3.8 years and 6.5 years respectively.

Key information

John Engel

Chief executive officer

US$10.3m

Total compensation

CEO salary percentage	12.7%
CEO tenure	14.6yrs
CEO ownership	0.8%
Management average tenure	3.8yrs
Board average tenure	6.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has John Engel's remuneration changed compared to WESCO International's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$10m	US$1m	US$708m
Sep 30 2023	n/a	n/a	US$785m
Jun 30 2023	n/a	n/a	US$791m
Mar 31 2023	n/a	n/a	US$819m
Dec 31 2022	US$11m	US$1m	US$803m
Sep 30 2022	n/a	n/a	US$752m
Jun 30 2022	n/a	n/a	US$632m
Mar 31 2022	n/a	n/a	US$530m
Dec 31 2021	US$10m	US$1m	US$408m
Sep 30 2021	n/a	n/a	US$261m
Jun 30 2021	n/a	n/a	US$221m
Mar 31 2021	n/a	n/a	US$81m
Dec 31 2020	US$11m	US$947k	US$70m
Sep 30 2020	n/a	n/a	US$118m
Jun 30 2020	n/a	n/a	US$116m
Mar 31 2020	n/a	n/a	US$215m
Dec 31 2019	US$7m	US$1m	US$223m
Sep 30 2019	n/a	n/a	US$228m
Jun 30 2019	n/a	n/a	US$231m
Mar 31 2019	n/a	n/a	US$225m
Dec 31 2018	US$7m	US$1m	US$227m
Sep 30 2018	n/a	n/a	US$192m
Jun 30 2018	n/a	n/a	US$179m
Mar 31 2018	n/a	n/a	US$170m
Dec 31 2017	US$7m	US$1m	US$163m

Compensation vs Market: John's total compensation ($USD10.33M) is above average for companies of similar size in the German market ($USD3.42M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.

CEO

John Engel (61 yo)

14.6yrs

Tenure

US$10,331,662

Compensation

Mr. John J. Engel has been the Chief Executive Officer and President of WESCO International Inc. since September 1, 2009 and its Chairman since May 25, 2011. He has extensive experience as a senior executi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
John Engel	Chairman	14.6yrs	US$10.33m	0.84% $ 62.0m
David Schulz	Executive VP & CFO	7.5yrs	US$3.21m	0.19% $ 14.0m
William Geary	Executive VP and GM of Communications & Security Solutions (CSS)	3.8yrs	US$2.39m	0.060% $ 4.4m
Nelson Squires	Executive VP and GM of Electrical & Electronic Solutions	3.8yrs	US$2.93m	0.12% $ 8.7m
James Cameron	Executive VP and GM of Utility & Broadband Solutions Division (UBS)	3.8yrs	US$2.18m	0.057% $ 4.3m
Hemant Porwal	Executive Vice President of Supply Chain & Operations	3.8yrs	no data	0.032% $ 2.3m
Matthew Kulasa	Senior VP	3yrs	no data	0.0079% $ 587.0k
Akash Khurana	Executive VP and Chief Information & Digital Officer	3.4yrs	US$3.74m	0.032% $ 2.3m
Scott Gaffner	Senior Vice President of Investor Relations	no data	no data	no data
Diane Lazzaris	Executive VP & General Counsel	10.3yrs	US$2.42m	0.097% $ 7.2m
Christine Wolf	Executive VP & Chief Human Resources Officer	5.8yrs	US$1.27m	0.062% $ 4.6m
Brian Begg	Senior VP & Treasurer	15.5yrs	no data	no data

3.8yrs

Average Tenure

56.5yo

Average Age

Experienced Management: WP7's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
John Engel	Chairman	15.4yrs	US$10.33m	0.84% $ 62.0m
James Singleton	Lead Independent Director	26.3yrs	US$330.00k	0.043% $ 3.2m
Steven Raymund	Independent Director	18.3yrs	US$295.00k	0.016% $ 1.2m
Glynis Bryan	Independent Director	less than a year	no data	no data
Matthew Espe	Independent Director	7.4yrs	US$315.00k	0.018% $ 1.3m
Bobby Griffin	Independent Director	9.9yrs	US$312.50k	0.0040% $ 298.3k
Laura Thompson	Independent Director	4.5yrs	US$320.00k	0.014% $ 1.0m
Anne Cooney	Independent Director	2.6yrs	US$295.00k	0.0027% $ 202.8k
Sundaram Nagarajan	Independent Director	1.6yrs	US$295.00k	0% $ 0
Easwaran Sundaram	Independent Director	5.7yrs	US$295.00k	no data

6.5yrs

Average Tenure

63yo

Average Age

Experienced Board: WP7's board of directors are considered experienced (6.5 years average tenure).

WESCO International Management

Management criteria checks 3/4

Key information

Recent management updates

WESCO International, Inc., Annual General Meeting, May 23, 2024

Insider recently sold €766k worth of stock

Key Executive recently sold €1.8m worth of stock

WESCO International, Inc. Announces Election of Glynis A. Bryan to Its Board of Directors

Insider recently sold €827k worth of stock

Executive VP & CFO recently sold €3.7m worth of stock

Recent updates

WESCO International, Inc., Annual General Meeting, May 23, 2024

Vallen Distribution, Inc. completed the acquisition of WESCO Integrated Supply, Inc. from WESCO International, Inc. (NYSE:WCC).

Insider recently sold €766k worth of stock

Upcoming dividend of US$0.41 per share

Fourth quarter dividend of US$0.41 announced

Vallen Distribution, Inc. entered into a definitive agreement to acquire WESCO Integrated Supply, Inc. from WESCO International, Inc. (NYSE:WCC) for approximately $400 million.

Investor sentiment deteriorates as stock falls 25%

Full year 2023 earnings released: EPS: US$13.54 (vs US$15.83 in FY 2022)

Now 30% undervalued after recent price drop

WESCO International, Inc. Provides Earnings Guidance for the Year 2024

Upcoming dividend of US$0.38 per share at 1.0% yield

Key Executive recently sold €1.8m worth of stock

Wesco International Declares Quarterly Dividend on Common Stock, Payable on December 29, 2023

Wesco International, Inc. Decreases Earnings Guidance for the Year 2023

Third quarter 2023 earnings released: EPS: US$4.20 (vs US$4.43 in 3Q 2022)

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.38 per share at 0.9% yield

WESCO International, Inc. Declares Quarterly Cash Dividend, Payable on September 29, 2023

New minor risk - Share price stability

Now 28% undervalued

WESCO International, Inc. Provides Earnings Guidance for the Year 2023

Second quarter 2023 earnings released: EPS: US$3.41 (vs US$4.07 in 2Q 2022)

WESCO International, Inc. Announces Election of Glynis A. Bryan to Its Board of Directors

Upcoming dividend of US$0.38 per share at 1.0% yield

Wesco International Declares Quarterly Dividend on Common Stock, Payable on June 30, 2023

First quarter 2023 earnings released: EPS: US$3.48 (vs US$3.30 in 1Q 2022)

Insider recently sold €827k worth of stock

Executive VP & CFO recently sold €3.7m worth of stock

Executive VP recently sold €1.6m worth of stock

Full year 2022 earnings released: EPS: US$15.33 (vs US$8.11 in FY 2021)

Third quarter 2022 earnings released: EPS: US$4.44 (vs US$2.09 in 3Q 2021)

WESCO International, Inc. Narrows Earnings Guidance for the Year 2022

WESCO International, Inc. (NYSE:WCC) completed the acquisition of Rahi Systems Inc.

WESCO International Provides Earnings Guidance for the Full Year 2022

WESCO International, Inc. (NYSE:WCC) enter into an agreement to acquire Rahi Systems Inc. for approximately $220 million.

Wesco International Announces Board Changes

Second quarter 2022 earnings released: EPS: US$3.95 (vs US$2.09 in 2Q 2021)

WESCO International, Inc. Provides Sales Guidance for the Year 2022

WESCO International, Inc.(NYSE:WCC) dropped from Russell 2000 Dynamic Index

Investor sentiment deteriorated over the past week

Wesco Announces Upcoming Retirement of Ted Dosch, Executive Vice President, Strategy and Chief Transformation Officer, Effective August 5, 2022

WESCO International, Inc. (NYSE:WCC) announces an Equity Buyback for $1,000 million worth of its shares.

First quarter 2022 earnings released: EPS: US$3,195 (vs US$0.89 in 1Q 2021)

Wesco International, Inc. Provides Sales Guidance for the Year 2022

WESCO International, Inc., Annual General Meeting, May 26, 2022

Independent Director recently sold €798k worth of stock

WESCO International, Inc. Provides Financial Guidance for the Year 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Insider recently sold €802k worth of stock

Executive VP & CFO recently sold €1.2m worth of stock

Third quarter 2021 earnings released: EPS US$2.38 (vs US$1.32 in 3Q 2020)

Insider recently sold €147k worth of stock

Insider recently sold €163k worth of stock

Second quarter 2021 earnings released: EPS US$2.09 (vs US$0.84 loss in 2Q 2020)

WESCO International, Inc.(NYSE:WCC) dropped from Russell 2000 Defensive Index

Independent Director recently sold €688k worth of stock

First quarter 2021 earnings released: EPS US$0.87 (vs US$0.82 in 1Q 2020)

WESCO International, Inc. Provides Earnings Guidance for the Year 2021

New 90-day high: €73.50

Independent Director recently sold €100k worth of stock

Independent Director recently sold €43k worth of stock

Full year 2020 earnings released: EPS US$1.53 (vs US$5.18 in FY 2019)

Revenue beats expectations

Lead Independent Director recently sold €101k worth of stock

Full year 2020 earnings released: EPS US$1.51 (vs US$5.18 in FY 2019)

Revenue beats expectations

New 90-day high: €73.00

Rexel Canada Electrical Inc. acquired legacy WESCO Utility business in Canada of WESCO International, Inc. (NYSE:WCC).

WESCO International, Inc.(NYSE:WCC) dropped from Russell 1000 Value-Defensive Index