Wesco International Welcomes New Independent Directors
WESCO International, Inc. (NYSE: WCC), a leading provider of business-to-business distribution and supply chain solutions, is pleased to announce significant changes in its leadership structure.
Meet the New Directors
The Board of Directors has officially appointed two new independent directors, Michael L. Carter and David C. Wajsgras, effective January 1, 2026. These appointments highlight a strategic move to enhance the board's governance and expertise.
Michael L. Carter, who brings over 30 years of capital markets experience, is currently the Executive Vice President and Chief Partner Officer at Truist Financial Corporation. His extensive background includes leading Corporate and Investment Banking at Truist Securities, having built a robust career in investment banking and corporate finance. Carter holds an MBA from Harvard Business School and a BA from Washington University in St. Louis.
David C. Wajsgras, the former CEO of Intelsat Holdings S.A., brings a wealth of leadership experience from across various sectors. He currently serves on the board of Parsons Corporation and Martin Marietta Materials, Inc. Wajsgras has held prominent positions at Raytheon, including Chief Financial Officer and executive roles at other significant firms. He earned his MBA from American University and a BS from the University of Maryland.
Strategic Insights from Leadership
John Engel, Chairman, President and CEO of Wesco, expressed enthusiasm about the new additions, stating, "We are very pleased to welcome Michael and Dave to our Board. Michael brings three decades of capital markets expertise, while Dave has deep global insights in the industrial and technology sectors. Their unique perspectives will be invaluable as we continue to execute our Wesco strategy and drive value for our customers and shareholders."
Acknowledging Contributions
The company announced that two current directors, Bobby Griffin and Steve Raymund, will retire in May 2026, concluding their terms. Engel took a moment to recognize their contributions: "On behalf of our Board and our entire Wesco team, I thank Bobby and Steve for their dedicated service. Their expertise has been critical in advancing our strategy and strengthening our governance."
About Wesco International
Wesco International (NYSE: WCC) is dedicated to building, connecting, powering, and protecting the world. This FORTUNE 500 company, headquartered in Pittsburgh, has approximately $22 billion in annual sales, providing leading distribution, logistics services, and supply chain solutions. Wesco’s extensive portfolio includes Electrical and Electronic Solutions, Communications and Security Solutions, as well as Utility and Broadband Solutions.
The company employs around 20,000 people and collaborates with top suppliers to serve various industries, including commercial businesses, technology firms, and governmental organizations. With a presence in about 50 countries through more than 700 locations, including distribution and fulfillment centers, Wesco is well-positioned to meet the diverse needs of its global customer base.
Frequently Asked Questions
Who are the new directors at Wesco International?
The new directors are Michael L. Carter and David C. Wajsgras.
What positions do Michael L. Carter and David C. Wajsgras currently hold?
Michael L. Carter is the Executive Vice President and Chief Partner Officer at Truist Financial Corporation, while David C. Wajsgras is the former CEO of Intelsat Holdings S.A.
When will the new appointments take effect?
The new appointments will take effect on January 1, 2026.
Why are Bobby Griffin and Steve Raymund retiring?
They are retiring at the end of their current terms in May 2026.
What is Wesco's primary business focus?
Wesco is focused on business-to-business distribution, logistics services, and supply chain solutions across various sectors.
