CDW Corp Announces Executive and Board Changes
Ticker: CDW · Form: 8-K · Filed: Oct 25, 2024 · CIK: 1402057
Sentiment: neutral
Topics: executive-changes, board-changes, governance
Related Tickers: CDW
TL;DR
CDW Corp shakes up exec team & board. Big changes coming?
AI Summary
CDW Corp announced on October 24, 2024, changes in its executive team and board of directors. The filing details the departure of certain officers and the election of new directors, alongside updates to compensatory arrangements for key personnel. Specific names and financial details related to these changes were not provided in this initial filing.
Why It Matters
Changes in executive leadership and board composition can signal shifts in company strategy, operational focus, or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Executive and board changes can introduce uncertainty regarding future strategy and leadership stability.
Key Players & Entities
- CDW Corp (company) — Registrant
- October 24, 2024 (date) — Date of earliest event reported
FAQ
What specific roles have been affected by the departures and appointments?
The filing indicates the departure of certain officers and the election of directors, but does not specify the exact roles affected in this report.
Are there any new compensatory arrangements for the officers mentioned?
Yes, the filing notes 'Compensatory Arrangements of Certain Officers' as an item of disclosure, indicating updates to compensation plans.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on October 24, 2024.
What is CDW Corp's state of incorporation and fiscal year end?
CDW Corp is incorporated in Delaware and its fiscal year ends on December 31.
What are the primary business addresses and phone number for CDW Corp?
The principal executive offices are located at 200 N. Milwaukee Avenue, Vernon Hills, Illinois, 60061, with a business phone number of 847-465-6000.
Filing Stats: 825 words · 3 min read · ~3 pages · Grade level 11 · Accepted 2024-10-25 07:26:00
Key Financial Figures
- $0.01 — ich registered Common stock, par value $0.01 per share CDW Nasdaq Global Select
- $60,000 — Ms. Corley's annual base salary will be $60,000 and she will be eligible to receive a c
- $500,000 — be eligible to receive a cash bonus of $500,000, payable in equal installments in June
- $1,000,000 — t award with a grant date fair value of $1,000,000, vesting on the expiration of the Execu
Filing Documents
- d897707d8k.htm (8-K) — 29KB
- d897707dex101.htm (EX-10.1) — 15KB
- d897707dex991.htm (EX-99.1) — 5KB
- g897707g1024072854989.jpg (GRAPHIC) — 2KB
- g897707g1024092221846.jpg (GRAPHIC) — 3KB
- 0001193125-24-243443.txt ( ) — 185KB
- cdw-20241024.xsd (EX-101.SCH) — 3KB
- cdw-20241024_lab.xml (EX-101.LAB) — 17KB
- cdw-20241024_pre.xml (EX-101.PRE) — 11KB
- d897707d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Letter Agreement, dated October 24, 2024, by and between CDW Corporation and Christina M. Corley. 99.1 Press release dated October 25, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
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. CDW CORPORATION Date: October 25, 2024 By: /s/ Frederick J. Kulevich Frederick J. Kulevich Senior Vice President, General Counsel and Corporate Secretary