Wesco – WESCO International, Inc. announces upcoming retirement of Dave Schulz, EVP and CFO, and Appointment of Indraneel Dev as EVP and CFO
PITTSBURGH, Feb. 10, 2026 /PRNewswire/ — WESCO International, Inc. (NYSE: WCC), a leading provider of business-to-business distribution, logistics services and supply chain solutions, announces the upcoming retirement of Dave Schulz, Executive Vice President and Chief Financial Officer, and the appointment of Indraneel “Neel” Dev as Executive Vice President and Chief Financial Officer.
Mr. Schulz notified the Company that he expects to retire in May 2026, and Mr. Dev will join the Company in February 2026 to ensure a smooth transition.
Most recently, Mr. Dev served as the Chief Financial Officer and Chief Revenue Officer of Congruex LLC, a communications network infrastructure design, engineering and construction company. Prior to Congruex, Mr. Dev served as Chief Financial Officer of Lumen Technologies. He previously held various senior finance leadership roles at Level 3 Communications, MCI, and MFS Communications. Mr. Dev holds a B.A. in Mathematics from the University of Delhi (India) and an MBA from the University of Arizona, and he is a CFA charterholder.
Mr. John J. Engel, Wesco’s Chairman, President and CEO stated, “Neel is a seasoned CFO with extensive financial, commercial and operational experience in multiple Wesco-served end markets. In his leadership roles for both public and private companies, he has demonstrated an ability to navigate complex financial environments and deliver superior growth and value creation. Neel is an excellent addition to our executive management team and will help us as we continue to accelerate our Wesco strategy, execute our growth initiatives, deliver our financial targets, and create value for our stockholders.”
Mr. Engel, continued, “On behalf of our Board of Directors and our entire Wesco team, I would like to thank Dave for his outstanding and dedicated service and tremendous contributions to our Wesco success over the past 10 years. I have the utmost respect for Dave and greatly appreciate our business partnership in building the new Wesco. We extend our very best wishes to Dave and his family.”
SourceWesco
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More information on WESCO: See the full profile on EMR Executive Services
More information on Anixter by WESCO: See the full profile on EMR Executive Services
More information on John J. Engel (Chairman, President & Chief Executive Officer, WESCO): See the full profile on EMR Executive Services
More information on David S. Schulz (Executive Vice President & Chief Financial Officer, WESCO till May 2026): See the full profile on EMR Executive Services
More information on Indraneel Dev (Executive Vice President & Chief Financial Officer, WESCO as from February 2026): See the full profile on EMR Executive Services
More information on Congruex LLC: https://www.congruex.com/ + Congruex LLC is a leading telecom construction and infrastructure services provider formed in 2017 and specializing in fiber installation, aerial and underground construction, network maintenance, and engineering support. With a commitment to safety, quality, and innovation, the company supports national carriers, utilities, municipalities, and private network operators across the United States.
More information on Bill Beans (Co-founder and Executive Chairman, Congruex LLC): https://www.congruex.com/who-we-are/leadership/ + https://www.linkedin.com/in/bill-beans-6741845/
More information on kevin O’Hara (Co-founder, President & Chief Executive Officer, Congruex LLC): https://www.congruex.com/who-we-are/leadership/ + https://www.linkedin.com/in/kevinjamesohara/
More information on Lumen Technologies: https://www.lumen.com/en-us/home.html + Lumen is unleashing the world’s digital potential. We ignite business growth by connecting people, data, and applications – quickly, securely, and effortlessly. As the trusted network for AI, Lumen uses the scale of our network to help companies realize AI’s full potential. From metro connectivity to long-haul data transport to our edge cloud, security, managed service, and digital platform capabilities, we meet our customers’ needs today and as they build for tomorrow.
Lumen and Lumen Technologies are registered trademarks of Lumen Technologies LLC in the United States. Lumen Technologies LLC is a wholly owned affiliate of Lumen Technologies, Inc.
More information on Kate Johnson (President & Chief Executive Officer, Lumen Technologies): https://ir.lumen.com/governance/executive-management/default.aspx + https://www.linkedin.com/in/katejohnsonchangeleader/
More information on Level 3 Communications by CenturyLink by Lumen Technologies: N.A. + Level 3 Communications, formerly a major American telecommunications and Internet service provider founded in 1985, was acquired by CenturyLink (now Lumen Technologies) in 2017. It was renowned for operating one of the world’s largest, most extensive fiber-optic networks, serving enterprise, government, and carrier customers across North America, Europe, and parts of Asia.
More information on MCI Communications Corporation: N.A. + MCI Communications Corporation was a pioneering American telecommunications company founded in 1963 (as Microwave Communications of America) that broke the AT&T long-distance monopoly, fostering industry competition. Headquartered in Washington, D.C., it became the second-largest U.S. long-distance provider. After merging with WorldCom in 1998, the company was acquired by Verizon in 2006.
More information on MFS Communications: N.A. + “MFS Communications” primarily refers to Metropolitan Fiber Systems (MFS), a defunct American telecommunications company that was a major player during the 1990s fiber-optic boom. In December 1996, MFS was itself acquired by WorldCom for roughly $12 billion in stock, making it the largest telecommunications merger at that time.
EMR Additional Notes:
- BA:
- A Bachelor of Arts (BA) is a 3 to 4-year undergraduate degree focusing on humanities, social sciences, arts, and languages, fostering skills in communication, critical thinking, and analysis. It is a versatile, broad-based education, often requiring foreign language proficiency or interdisciplinary studies compared to the more technical Bachelor of Science (BS).
- MA:
- AA Master of Arts (MA) is a postgraduate academic degree typically awarded in humanities, social sciences, and arts fields such as literature, history, communication, and linguistics. Often lasting 1-2 years, these programs deepen knowledge from a Bachelor’s degree, emphasizing critical thinking, research, and analysis.
- PhD:
- PhD is short for Doctor of Philosophy. This is an academic or professional degree that, in most countries, qualifies the degree holder to teach their chosen subject at university level or to work in a specialized position in their chosen field.
- MBA:
- An MBA (Master of Business Administration) is a postgraduate degree focused on general management and business principles, designed to equip individuals with the advanced leadership, strategic decision-making, and functional skills (like finance, marketing, and operations) needed to advance their careers, transition into senior roles, or launch their own ventures. It provides a broad business education and can lead to more fulfilling professional journeys and increased earning potential.
- CFA:
- The Chartered Financial Analyst (CFA) designation, awarded by the CFA Institute, is a globally recognized, prestigious credential for investment professionals, often considered the “gold standard” in asset management. It signifies expertise in portfolio management, financial analysis, and a strict commitment to ethical standards. Earning the charter requires passing three rigorous exams, accumulating 4,000 hours of qualified work experience, and becoming an institute member.