CDW Management

Management criteria checks 3/4

CDW's CEO is Chris Leahy, appointed in Jan 2019, has a tenure of 5.83 years. total yearly compensation is $9.02M, comprised of 11.1% salary and 88.9% bonuses, including company stock and options. directly owns 0.084% of the company’s shares, worth €18.98M. The average tenure of the management team and the board of directors is 4.3 years and 8.7 years respectively.

Key information

Chris Leahy

Chief executive officer

US$9.0m

Total compensation

CEO salary percentage	11.1%
CEO tenure	5.8yrs
CEO ownership	0.08%
Management average tenure	4.3yrs
Board average tenure	8.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Chris Leahy's remuneration changed compared to CDW's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$1b
Jun 30 2024	n/a	n/a	US$1b
Mar 31 2024	n/a	n/a	US$1b
Dec 31 2023	US$9m	US$1m	US$1b
Sep 30 2023	n/a	n/a	US$1b
Jun 30 2023	n/a	n/a	US$1b
Mar 31 2023	n/a	n/a	US$1b
Dec 31 2022	US$11m	US$985k	US$1b
Sep 30 2022	n/a	n/a	US$1b
Jun 30 2022	n/a	n/a	US$1b
Mar 31 2022	n/a	n/a	US$1b
Dec 31 2021	US$9m	US$925k	US$989m
Sep 30 2021	n/a	n/a	US$1b
Jun 30 2021	n/a	n/a	US$938m
Mar 31 2021	n/a	n/a	US$853m
Dec 31 2020	US$6m	US$911k	US$789m
Sep 30 2020	n/a	n/a	US$736m
Jun 30 2020	n/a	n/a	US$744m
Mar 31 2020	n/a	n/a	US$752m
Dec 31 2019	US$6m	US$842k	US$737m
Sep 30 2019	n/a	n/a	US$711m
Jun 30 2019	n/a	n/a	US$693m
Mar 31 2019	n/a	n/a	US$669m
Dec 31 2018	US$3m	US$506k	US$643m
Sep 30 2018	n/a	n/a	US$679m
Jun 30 2018	n/a	n/a	US$624m
Mar 31 2018	n/a	n/a	US$592m
Dec 31 2017	US$2m	US$482k	US$523m

Compensation vs Market: Chris's total compensation ($USD9.02M) is above average for companies of similar size in the German market ($USD4.81M).

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

CEO

Chris Leahy (59 yo)

5.8yrs

Tenure

US$9,020,376

Compensation

Ms. Christine A. Leahy, also known as Chris, has been Chief Executive Officer at CDW LLC since January 2019 and is its Chair of the Board. Ms. Leahy has been an Independent Director at Target Corporation s...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christine Leahy	Chair of the Board	5.8yrs	US$9.02m	0.084% € 19.0m
Albert Miralles	Senior VP & CFO	3.2yrs	US$3.08m	0.011% € 2.4m
Christina Corley	Chief Commercial & Operating Officer	5.8yrs	US$3.69m	0.054% € 12.3m
Frederick Kulevich	Senior VP	7.1yrs	US$2.14m	0.018% € 4.0m
Sona Chawla	Chief Growth & Innovation Officer	4.8yrs	US$3.69m	0.015% € 3.3m
Peter Locy	VP, Controller & Chief Accounting Officer	2.5yrs	no data	0.00072% € 162.8k
Sanjay Sood	CTO & Senior VP	4.3yrs	no data	no data
Steven O'Brien	Vice President of Investor Relations	2.6yrs	no data	no data
Sara Granack	Vice President of Corporate Communications & Reputation	no data	no data	no data
Anand Rao	Senior VP and Chief Marketing & Digital Officer	2.4yrs	no data	no data
Michael Drory	Senior Vice President of Strategy & Corporate Development	2.4yrs	no data	no data
Aletha Noonan	Senior Vice President of Corporate Sales	4.3yrs	no data	no data

4.3yrs

Average Tenure

56.5yo

Average Age

Experienced Management: CDW's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Christine Leahy	Chair of the Board	5.8yrs	US$9.02m	0.084% € 19.0m
Sanjay Mehrotra	Independent Director	3.7yrs	US$307.43k	0.0014% € 312.1k
David Nelms	Lead Independent Director	10.8yrs	US$340.10k	0% € 0
Donna Zarcone	Independent Director	13.5yrs	US$290.04k	0.0033% € 746.3k
Marc Jones	Independent Director	1.8yrs	US$318.59k	0% € 0
Joseph Swedish	Independent Director	9.3yrs	US$292.65k	0.010% € 2.3m
James Bell	Independent Director	9.7yrs	US$310.04k	0.0027% € 608.3k
Lynda Clarizio	Independent Director	8.9yrs	US$290.04k	0.0095% € 2.1m
Kelly Grier	Independent Director	1.3yrs	US$165.45k	0.00045% € 101.8k
Virginia Addicott	Independent Director	8.7yrs	US$290.04k	0% € 0
Anthony Foxx	Independent Director	3.8yrs	US$290.04k	0% € 0

8.7yrs

Average Tenure

64yo

Average Age

Experienced Board: CDW's board of directors are considered experienced (8.7 years average tenure).

CDW Management

Management criteria checks 3/4

Key information

Recent management updates

CDW Corporation Announces Executive Changes

CDW Corporation, Annual General Meeting, May 21, 2024

CDW Corporation Appoints Kelly J. Grier to Board of Directors

President recently bought €454k worth of stock

Independent Director recently sold €889k worth of stock

CDW Corporation Announces Board Changes

Recent updates

Third quarter dividend of US$0.63 announced

Third quarter 2024 earnings released: EPS: US$2.37 (vs US$2.35 in 3Q 2023)

CDW Corporation Declares Quarterly Cash Dividend, Payable on December 10, 2024

CDW Corporation Announces Executive Changes

Upcoming dividend of US$0.62 per share

Second quarter dividend of US$0.62 announced

Second quarter 2024 earnings released: EPS: US$2.10 (vs US$1.95 in 2Q 2023)

CDW Corporation Declares Quarterly Cash Dividend, Payable on September 10, 2024

CDW Corporation to Report Q2, 2024 Results on Jul 31, 2024

First quarter dividend of US$0.62 announced

First quarter 2024 earnings released: EPS: US$1.61 (vs US$1.70 in 1Q 2023)

CDW Corporation Declares Quarterly Cash Dividend, Payable on June 11, 2024

CDW Corporation to Report Q1, 2024 Results on May 01, 2024

CDW Corporation, Annual General Meeting, May 21, 2024

Full year 2023 earnings released: EPS: US$8.20 (vs US$8.24 in FY 2022)

Upcoming dividend of US$0.62 per share at 1.0% yield

Fourth quarter dividend of US$0.62 announced

Full year 2023 earnings released: EPS: US$8.20 (vs US$8.24 in FY 2022)

CDW Corporation Declares Quarterly Cash Dividend, Payable on March 12, 2024

CDW Corporation to Report Q4, 2023 Results on Feb 07, 2024

CDW Corporation Declares A Quarterly Cash Dividend, Payable on December 12, 2023

Third quarter 2023 earnings released: EPS: US$2.35 (vs US$2.20 in 3Q 2022)

CDW Corporation to Report Q3, 2023 Results on Nov 01, 2023

Upcoming dividend of US$0.59 per share at 1.2% yield

New major risk - Financial position

Second quarter 2023 earnings released: EPS: US$1.95 (vs US$2.07 in 2Q 2022)

CDW Corporation Declares Quarterly Cash Dividend, Payable on September 12, 2023

CDW Corporation Appoints Kelly J. Grier to Board of Directors

CDW Corporation (NasdaqGS:CDW) acquired Enquizit Inc.

Upcoming dividend of US$0.59 per share at 1.4% yield

President recently bought €454k worth of stock

CDW Corporation Announces Quarterly Cash Dividend, Payable on June 13, 2023

First quarter 2023 earnings released: EPS: US$1.70 (vs US$1.86 in 1Q 2022)

Upcoming dividend of US$0.59 per share at 1.1% yield

Independent Director recently sold €889k worth of stock

Full year 2022 earnings released: EPS: US$8.24 (vs US$7.14 in FY 2021)

CDW Corporation Declares Quarterly Dividend, Payable on March 10, 2023

CDW Corporation to Report Q4, 2022 Results on Feb 08, 2023

CDW Corporation Announces Board Changes

Upcoming dividend of US$0.59 per share

Third quarter 2022 earnings released: EPS: US$2.20 (vs US$1.94 in 3Q 2021)

CDW Corporation Declares Quarterly Cash Dividend, Payable on December 9, 2022

CDW Corporation to Report Q3, 2022 Results on Nov 02, 2022

Upcoming dividend of US$0.50 per share

Second quarter 2022 earnings released: EPS: US$2.07 (vs US$1.96 in 2Q 2021)

CDW Corporation Announces the Approval by Its Board of Directors of Quarterly Cash Dividend Payable on September 9, 2022

CDW Announces Management Appointments

Upcoming dividend of US$0.50 per share

First quarter 2022 earnings released: EPS: US$1.86 (vs US$1.65 in 1Q 2021)

CDW Declares Quarterly Cash Dividend, to Be Paid on June 10, 2022

CDW Corporation to Report Q1, 2022 Results on May 04, 2022

CDW Corporation Announces Executive Changes

CDW Corporation, Annual General Meeting, May 19, 2022

CDW Corporation, Annual General Meeting, May 19, 2022

Upcoming dividend of US$0.50 per share

President recently bought €438k worth of stock

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

CDW Corporation Declares Quarterly Cash Dividend, Payable on March 10, 2022

Upcoming dividend of US$0.50 per share

Third quarter 2021 earnings released: EPS US$1.94 (vs US$1.35 in 3Q 2020)

Senior VP & CFO Collin Kebo has left the company

Independent Director recently sold €398k worth of stock

Upcoming dividend of US$0.40 per share

Second quarter 2021 earnings released: EPS US$1.96 (vs US$1.33 in 2Q 2020)

CDW Corporation (NasdaqGS:CDW) acquired Focal Point Data Risk, LLC from Cyber Risk Management, LLC.

Independent Director recently sold €949k worth of stock

Upcoming dividend of US$0.40 per share

First quarter 2021 earnings released: EPS US$1.65 (vs US$1.18 in 1Q 2020)

CDW Corporation Declares Quarterly Cash Dividend, Payable on June 10, 2021