WESCO International (NYSE: WCC) refreshes board with new directors, planned retirements
Rhea-AI Filing Summary
WESCO International, Inc. announced planned changes to its Board of Directors. The Board elected Michael L. Carter and David C. Wajsgras as independent directors, effective January 1, 2026. They will receive the same compensation as WESCO’s other non-employee directors, as described in the April 10, 2025 proxy statement.
Bobby Griffin will retire from the Board when his term ends at the 2026 annual meeting of stockholders on May 28, 2026, in line with the company’s director retirement age policy. On December 5, 2025, Steven Raymund also notified the company that he will retire at the same 2026 annual meeting. The company states that neither retirement is due to any disagreement and notes these moves are part of its ongoing Board refreshment process.
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FAQ
What board changes did WESCO International (WCC) announce in this 8-K?
WESCO International reported that its Board elected Michael L. Carter and David C. Wajsgras as directors, effective January 1, 2026, and disclosed the planned retirements of directors Bobby Griffin and Steven Raymund at the 2026 annual meeting.
When do the new WESCO International (WCC) directors take office?
Michael L. Carter and David C. Wajsgras are scheduled to join the WESCO International Board as directors effective January 1, 2026.
Are the new WESCO International (WCC) directors considered independent?
Yes. The Board determined that Michael L. Carter and David C. Wajsgras qualify as independent directors under New York Stock Exchange listing standards.
Which WESCO International (WCC) directors are retiring and when?
Bobby Griffin will retire when his term expires at the 2026 annual meeting on May 28, 2026, in accordance with the director retirement age policy. Steven Raymund also notified WESCO on December 5, 2025 that he will retire at the same 2026 annual meeting.
Did WESCO International (WCC) report any disagreements related to the director retirements?
No. WESCO states that the retirements of Bobby Griffin and Steven Raymund are not due to any disagreement with the company and are part of its ongoing Board refreshment process.
How will the new WESCO International (WCC) directors be compensated?
The filing states that Michael L. Carter and David C. Wajsgras will receive compensation for service as non-employee directors consistent with the company’s other non-employee directors, as described under “Director Compensation” in WESCO’s definitive proxy statement filed on April 10, 2025.
Where can investors find more details on WESCO International’s (WCC) board changes?
Additional information about the elections of Michael L. Carter and David C. Wajsgras and the retirements of Bobby Griffin and Steven Raymund is provided in a press release attached as Exhibit 99.1 to the report.