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    SEC Form 8-K filed by WESCO International Inc.

    5/28/25 4:46:37 PM ET
    $WCC
    Telecommunications Equipment
    Consumer Discretionary
    Get the next $WCC alert in real time by email
    8-K
    WESCO INTERNATIONAL INC Suite 700 false 0000929008 0000929008 2025-05-22 2025-05-22 0000929008 us-gaap:CommonStockMember 2025-05-22 2025-05-22 0000929008 us-gaap:SeriesAPreferredStockMember 2025-05-22 2025-05-22
     
     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    FORM 8-K

     

     

    CURRENT REPORT

    Pursuant to Section 13 OR 15(d)

    of The Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): May 22, 2025

     

     

    WESCO International, Inc.

    (Exact name of registrant as specified in its charter)

     

     

     

           Delaware     001-14989     25-1723342       
     

    (State or other jurisdiction

    of incorporation)

       

    (Commission

    File Number)

       

    (IRS Employer

    Identification No.)

     
     

    225 West Station Square Drive
     Suite 700

    Pittsburgh, Pennsylvania

            15219  
      (Address of principal executive offices)               (Zip Code)        

    (412) 454-2200

    (Registrant’s telephone number, including area code)

    Not applicable.

    (Former name or former address, if changed since last report)

     

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:

     

    Title of Class

     

    Trading
    Symbol(s)

     

    Name of Exchange

    on which registered

    Common Stock, par value $.01 per share   WCC   New York Stock Exchange
    Depositary Shares, each representing a 1/1,000th interest in a share of Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock   WCC PR A   New York Stock Exchange

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     
     


    Item 5.07.

    Submission of Matters to a Vote of Security Holders.

    On May 22, 2025, WESCO International, Inc. (the “Company”) held its Annual Meeting of Stockholders. A quorum was present at the meeting. The following proposals were submitted by the Board of Directors to a vote of the stockholders and the voting tabulations for each matter are as follows:

    Proposal 1 – Election of Ten Director Nominees

     

    Nominee

      

    For

      

    Withheld

      

    Broker Non-Votes

    John J. Engel    40,192,543    2,667,311    3,118,687
    Glynis A. Bryan    42,599,418      260,436    3,118,687
    Anne M. Cooney    42,385,686      474,168    3,118,687
    Matthew J. Espe    42,329,363      530,491    3,118,687
    Bobby J. Griffin    41,488,262    1,371,592    3,118,687
    Sundaram Nagarajan    42,677,006      182,848    3,118,687
    Steven A. Raymund    41,562,154    1,297,700    3,118,687
    James L. Singleton    40,041,050    2,818,804    3,118,687
    Easwaran Sundaram    42,271,336      588,518    3,118,687
    Laura K. Thompson    40,662,850    2,197,004    3,118,687

    Based on the votes set forth above, each director nominee was duly elected to serve for a one-year term expiring at the Annual Meeting of Stockholders to be held in 2026 or until their successors are otherwise duly elected and qualified.

    Proposal 2 – Advisory Approval of the Compensation of the Company’s Named Executive Officers

     

    For

      

    Against

      

    Abstain

      

    Broker Non-Votes

    39,098,276    3,541,883    219,695    3,118,687

    Based on the votes set forth above, the stockholders approved, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers.

    Proposal 3 – Approval of Amendments to the Company’s Restated Certificate of Incorporation to Provide Stockholders with the Right to Request a Special Meeting of Stockholders

     

    For

      

    Against

      

    Abstain

      

    Broker Non-Votes

    38,313,114    182,002    4,364,738    3,118,687

    Based on the votes set forth above, the stockholders approved amendments to the Company’s Restated Certificate of Incorporation to provide stockholders with the right to request a special meeting of stockholders.

     


    Proposal 4 – Ratification of the Appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2025

     

    For

      

    Against

      

    Abstain

    44,716,857    1,174,478    87,206

    Based on the votes set forth above, the stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2025. There were no broker non-votes on this proposal.

    Proposal 5 – Shareholder Proposal to Give Shareholders the Ability to Call for a Special Shareholder Meeting

     

    For

      

    Against

      

    Abstain

      

    Broker Non-Votes

    16,706,464    26,056,116    97,274    3,118,687

    Based on the votes set forth above, the shareholder proposal to give shareholders the ability to call for a special shareholder meeting was not approved.

     

    Item 9.01

    Financial Statements and Exhibits.

    (d) Exhibits.

     

    Exhibit

    No.

      

    Description

    104    Cover Page Interactive Data File (embedded within the Inline XBRL document)

     


    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.

     

         

    WESCO International, Inc.

          (Registrant)
       May 28, 2025        By:  

    /s/ David S. Schulz

    (Date)       David S. Schulz
          Executive Vice President and Chief Financial Officer
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