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    John J. Engel

    President and Chief Executive Officer at Wesco International Inc
    Board
    Since 2009
    Age
    63 years
    Tenure
    Joined WCC in 2004 as Senior Vice President and Chief Operating Officer, promoted to President and Chief Executive Officer in 2009, and later became Chairman of the Board in May 2011.

    Also at Wesco International Inc

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    Akash Khurana
    Executive Vice President and Chief Information and Digital Officer
    CAW
    Christine A. Wolf
    Executive Vice President and Chief Human Resources Officer
    DSS
    David S. Schulz
    Executive Vice President and Chief Financial Officer

    About

    John J. Engel currently serves as the President and Chief Executive Officer of Wesco International (WCC) since 2009 and has been the Chairman of the Board since May 2011.

    He began his tenure with the company in 2004 as Senior Vice President and Chief Operating Officer and subsequently advanced to higher leadership roles, reflecting his extensive experience in operational and executive management.

    Before joining WCC, he held several senior positions at major companies including Gateway, Inc., Perkin Elmer, Inc., Allied Signal, Inc., and General Electric Company, which demonstrates his broad expertise in engineering, manufacturing, and general management.

    $WCC Performance Under John J. Engel

    Past Roles

    OrganizationRoleDate RangeDetails
    Wesco International (WCC) Senior Vice President and Chief Operating Officer 2004 - 2009 Promoted to President and CEO in 2009
    Gateway, Inc. Senior Vice President and General Manager N/A General management role
    Perkin Elmer, Inc. Executive Vice President and Senior Vice President N/A Senior executive roles overseeing various aspects
    Allied Signal, Inc. Vice President and General Manager N/A General management roles within the company
    General Electric Company Various roles in engineering, manufacturing, and management N/A Held diverse positions across engineering, manufacturing, and management

    External Roles

    OrganizationRoleDate RangeDetails
    United States Steel Corporation Director N/A Active position
    Business Roundtable Member N/A Active position
    Business Council Member N/A Active position
    National Association of Manufacturers Board Member N/A Active position

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Salary$1,313,600 Annual Base salary for 2023
    Company Matching Contribution to 401(k) Plan$15,250 As per plan terms 401(k) match contribution
    Company Matching Contribution to Deferred Compensation Plan$174,235 As per plan terms Deferred comp contribution
    Other Benefits$30,980 Annual Includes club dues of $21,640

    Performance Compensation

    Data from  FY 2023

    Option Awards

    MetricThresholdTargetMaximumActualPayment % of Target
    EBITDA$1,378,300 $1,969,000 $2,362,800 $1,705,300 67.5%
    Free Cash Flow$723,200 $1,033,200 $1,239,800 $443,600 0%
    • Grant Date: February 16, 2023
    • Grant Date Fair Value: $1,950,003
    • Grant Date Stock Price: $171.96
    • Number of Securities: 25,924
    • Exercise Price: $171.96
    • Vesting Schedule: Vest in three equal annual installments beginning on the first anniversary; terminates on the tenth anniversary

    Performance Share Units

    Share QuantityThresholdTargetMaximum
    Shares5,670 22,680 45,360
    • Performance Metrics:
      • Net Income Growth: Threshold: 0%, Target: 5%, Maximum: 10%+, Actual: 47.8%
      • Return on Net Assets (RONA) Growth: Threshold: 0 bps, Target: 50 bps, Maximum: 100+ bps, Actual: 698 bps
    • Vesting Period: Three-year performance period from January 1, 2023 to December 31, 2025
    • Grant Date: February 16, 2023
    • Grant Date Fair Value: $3,900,053
    • Grant Date Stock Price: $171.96
    • Plan: Granted under the WESCO International, Inc. 2021 Omnibus Incentive Plan
    • Change in Control Provision: Awards vest at the target level upon a change in control

    Non-Equity Incentive Plan Compensation

    MetricWeightThresholdTargetMaximumActualPayment %
    EBITDA75% $1,378,300 $1,969,000 $2,362,800 $1,705,300 67.5%
    Free Cash Flow25% $723,200 $1,033,200 $1,239,800 $443,600 0%
    • Total Payout: $997,515
    • Vesting & Payment: Annual incentive based on fiscal year performance, with payouts approved in the following year
    • Performance Modifier: May adjust the incentive amount by ±25% based on strategic initiatives