BNET Industries
Market Cap:$1.1B
Last Fiscal Year Sales:$6.0B
- Public
- US
Dow Jones Description
WESCO International, Inc. (NYSE: WCC) is a publicly traded Fortune 500 holding company, headquartered in Pittsburgh, Pennsylvania, whose primary operating entity is WESCO Distribution, Inc. WESCO Distribution is a leading distributor of electrical construction products and electrical and industrial maintenance, repair and operating (MRO) supplies, and is the nation's largest provider of integrated supply services. 2006 annual sales were approximately $5.3 billion. The Company employs approximately 7,000 people, maintains relationships with over 29,000 suppliers, and serves more than 110,000 customers worldwide. Major markets include commercial and industrial firms, contractors, government agencies, educational institutions, telecommunications businesses and utilities. WESCO operates seven fully automated distribution centers and approximately 400 full-service branches in North America and selected international markets, providing a local presence for area customers and a global network to serve multi-location businesses and multi-national corporations.
Chairman & CEO
Roy W. HaleyNumber of Employees 7,300
Contact Information
225 West Station Square Drive
Suite 700
Pittsburgh, Pennsylvania 15219
(412) 454-2200
Peer Companies
NAICS Code Other Building Material Dealers: 444190
Recent Events
-
Raymond James Downgrades WESCO International WCC to Market Perform
-
United Parcel Net Falls; Dow Chemical Net Up 66%
-
Wesco 3rd-quarter profit tumbles, demand weak
-
Barclays Upgrades WESCO International WCC to Overweight
-
WESCO Sales Fall 27% in Second Quarter
-
Wesco International names Haley new CEO
-
BRIEF: Wesco International names Haley president, chief executive
-
WESCO Announces Succession Plan
-
UPDATE 1-Wesco replaces CEO, names CFO
News & Analysis
Filter by
wesco international inc. - All News and Analysis
WESCO International Inc. Q3 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Deane Dray – FBR Capital Markets. Deane Dray – FBR Capital Markets & Co. I'm not sure who would want to take this question, but just the phenomenon of the past couple of quarters has been all about...
WESCO International: Thinking Green?
Zacks.com submits: By Ken Nagy, CFA WESCO International, Inc. WCC is one of the largest distributors of electrical products in the U.S. Both revenue and EPS fell short of consensus estimates in the last quarter. All the end markets look increasingly challenging in 2009. However, management initiatives could...
WESCO International, Inc., Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator Instructions Our first question comes from the line of Sam Darkatsh with Raymond James. Please proceed with your question. Sam Darkatsh - Raymond James Good morning gentlemen. How are you? Roy Haley Good morning. Sam Darkatsh - Raymond James Few questions...
WESCO International Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you sir. Operator Instructions. And our first question comes from the line of Adam Uhlman of Cleveland Research. Please proceed. Adam Uhlman - Cleveland Research Hi good morning guys. Roy Haley Good morning. Adam Uhlman - Cleveland Research I was wondering you had mentioned that sales...
WESCO International, Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator: Thank you. Operator Instructions. First question comes from the line of Matt Duncan of Stephens Incorporated. Please proceed. Matt Duncan - Stephens Incorporated Good morning guys, and congrats on a good quarter. Roy Haley Thank you. Matt Duncan - Stephens Incorporated The first question I’ve got, may...
WESCO International, Inc. Q2 2008 Earnings Call Transcript
Question-and-Answer Session[Operator Instructions]. Your first question comes from the line of Deane Dray from Goldman Sachs. Please proceed. Deane Dray - Goldman Sachs Equity Research Thank you. Good morning, everyone. Steve, could we just follow-up with your comments, the clarification on organic revenue growth? In your remarks, you said...
WESCO International, Inc. Q1 2008 Earnings Call Transcript
Question-and-Answer Session[Operator Instructions] And your first question comes from the line of Deane Dray from Goldman Sachs. Please proceed. Deane Dray - Goldman Sachs Thank you. Good morning. I would love to get some commentary regarding the attempt to acquire IDG. Frankly, form the outsider looking in we would...
WESCO International, Inc. Q4 2007 Earnings Call Transcript
Question-and-Answer Session[Operator Instructions]. The first question comes from the line of Matt Duncan with Stephens. Please proceed. Matt Duncan - Stephens Incorporated Good morning guys, and congrats on nice progress in the quarter. Unidentified Company Representative Thank you. Matt Duncan - Stephens Incorporated My questions really are two things;...
- 1
Decision Makers
| Name (plus bio) | Position |
|---|---|
| John Engel | COO & Senior Vice President |
| Stephen A. Van Oss | Senior Vice President & Chief Finance & Admin Officer |
| Stephen A. Oss | Senior Vice President |
| Donald H. Thimjon | Vice President, Operations |
| James H. Mehta | Vice President, Business Development |
| Patrick M. Swed | Vice President, Operations |
| Robert B. Rosenbaum | Vice President, Operations |
| Ronald P. Van | Vice President, Operations |
| William M. Goodwin | Vice President, Operations |
| Daniel Brailer | Treasurer, Secretary & Director, Investor Relations |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Roy W. Haley | Chairman & CEO |
| George L. Miles | Board of Directors |
| James L. Stem | Board of Directors |
| Kenneth L. Way | Board of Directors |
| Lynn M. Utter | Board of Directors |
| Michael J. Cheshire | Board of Directors |
| Robert J. Tarr Jr. | Board of Directors |
| Sandra Beach Lin | Board of Directors |
| Steven A. Raymund | Board of Directors |
| William A. Raymund | Board of Directors |
| William J. Vareschi Jr. | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| WESCO International, Inc. | Chief Executive Officer | Current |
| WESCO Distribution, Inc. | Chairman & CEO | Current |
| United Stationers Inc. | Director | Former |
| United Stationers Inc. | Chair | Current |
| WESCO International, Inc. | Chairman | Current |
| Federal Reserve Bank of Cleveland | Chairman, Pittsburgh Office | Current |
| WESCO Marine Engineering | Board of Directors | Current |
| CU*Answers | Director | Current |
| Cambrex Corporation | Director | Current |
| Federal Reserve Bank of Cleveland | Board of Directors | Current |
| American General | President | Former |
| American General | Chief Operating Officer | Former |
| American General | Executive | Former |
| Organization | Position | Status |
|---|---|---|
| WESCO Distribution, Inc. | COO & Senior Vice President | Current |
| WESCO International, Inc. | COO & Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| WESCO International, Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| WESCO Distribution, Inc. | Vice President, Operations | Current |
| WESCO International, Inc. | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| WESCO International, Inc. | Vice President, Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| WESCO Distribution, Inc. | Vice President, Operations | Current |
| WESCO International, Inc. | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Bruckner Supply Co., Inc. | President | Current |
| WESCO International, Inc. | Vice President, Operations | Current |
| WESCO Distribution, Inc. | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| WESCO Distribution, Inc. | Vice President, Operations | Current |
| WESCO International, Inc. | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| WESCO Distribution, Inc. | Vice President, Operations Intl, Manufacturing | Current |
| WESCO International, Inc. | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| WESCO International, Inc. | Treasurer, Secretary & Director, Investor Relations | Current |
| WESCO International, Inc. | Treasurer, Secretary & Director, Investor Relations | Former |
Mr. Miles has been President and Chief Executive Officer of WQED Multimedia, a multimedia company, since September 1994. Mr. Miles is also a director of Equitable Resources, Chester Engineers, Inc., HFF, Inc., University of Pittsburgh, UPMC, Harley-Davidson, Inc., and American International Group, Inc.
| Organization | Position | Status |
|---|---|---|
| WESCO International, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| WESCO International, Inc. | Board of Directors | Current |
Mr. Way served as Chairman of Lear Corporation, a supplier of automotive interior systems and components, from 1988 to 2003, and has been affiliated with Lear Corporation and its predecessor companies for 36 years in engineering, manufacturing, and general management capacities. Mr. Way retired on January 1, 2003. Mr. Way is also a director of Comerica, Inc., CMS Energy Corporation, and Cooper-Standard Automotive, Inc.
| Organization | Position | Status |
|---|---|---|
| WESCO International, Inc. | Board of Directors | Current |
| CMS Energy Corporation | Board of Directors | Current |
| Comerica Incorporated | Board of Directors | Current |
| Lear Corporation | Chief Executive Officer | Former |
| WESCO International, Inc. | Director of Comerica Inc | Former |
| Comerica Incorporated | Director | Former |
| Lear Corporation | Chairman | Former |
Lynn M. Utter was appointed President and Chief Operating Officer of Knoll North America, a designer and manufacturer of office furniture products, in March 2008. Prior to joining Knoll, she was Chief Strategy Officer for Coors Brewing Company, an international brewing company, from 2003 to February 2008 and held a number of senior operating and strategic planning positions after joining Coors in 1997. Prior to joining Coors, Ms. Utter’s experience included six years with Frito Lay and four years with Strategic Planning Associates, LLC. Ms. Utter has served as a Trustee for Mile High United Way and for the McCombs Business School Foundation, and she is a member of several development boards at The University of Texas and Stanford University.
| Organization | Position | Status |
|---|---|---|
| WESCO International, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Del Global Technologies Corp. | Director | Current |
| WESCO Marine Engineering | Board of Directors | Current |
| Gerber Scientific, Inc. | Chief Executive Officer | Former |
| General Signal Corporation | Former | |
| Gerber Scientific, Inc. | Chairman | Former |
| WESCO International, Inc. | Board of Directors | Former |
Mr. Tarr is a professional director and private investor. He is also a special partner of Chartwell Investments, LLP, a private equity firm. He was the Chairman, Chief Executive Officer and President of HomeRuns.com, Inc. from February 2000 to September 2001. Prior to joining HomeRuns.com, he worked for more than 20 years in senior executive roles for Harcourt General, Inc., a large, broad-based publishing company, including six years as President, Chief Executive Officer and Chief Operating Officer of Harcourt General, Inc. (formerly General Cinema Corporation) and The Neiman Marcus Group, Inc., a high-end specialty retail store and mail order business.
| Organization | Position | Status |
|---|---|---|
| WESCO International, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Celvol | Executive Vice President and President of Ticona | Current |
| Premiol | Executive Vice President and President of Ticona | Current |
| Sunett | Executive Vice President and President of Ticona | Current |
| Connect Celanese | Executive Vice President and President of Ticona | Current |
| Celanese Chemicals, Inc. | Executive Vice President and President of Ticona | Current |
| Celanese Corporation | Executive Vice President | Current |
| At Plastics Inc | Executive Vice President, Celanese, President, Ticona Engineering Polymers | Current |
| Vinamul Polymers | Executive Vice President, Celanese, President, Ticona Engineering Polymers | Current |
| WESCO Marine Engineering | Current | |
| WESCO International, Inc. | Board of Directors | Current |
| Alcoa Closure Systems International, Inc. | President | Former |
| Bendix Commercial Vehicle Systems LLC | President | Former |
| Avery Dennison Corporation | Group Vice President of Specialty Materials | Former |
| Honeywell Corporation | Former | |
| University of Michigan | MBA | Former |
| University of Toledo | Bachelor's Degree In Business Administration | Former |
Steven A. Raymund has been employed by Tech Data Corporation, a distributor of information technology products, since 1981. He served as Chief Executive Officer from January 1986 until retiring in October 2006, but has continued to serve as Tech Data’s Chairman of the Board of Directors since April 1991. Mr. Raymund is also a director of Jabil, Inc. and serves on the Board of Advisors for the Moffitt Cancer Center and the Board of Visitors for Georgetown University’s School of Foreign Service.
| Organization | Position | Status |
|---|---|---|
| WESCO International, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| WESCO International, Inc. | Board of Directors | Current |
Mr. Vareschi retired as Chief Executive Officer of Central Parking Corporation, a parking services provider, in May 2003. Before joining Central Parking Corporation, his prior business career of more than 35 years of service was spent with the General Electric Company, which he joined in 1965. He held numerous financial management positions within GE, including Chief Financial Officer for GE Plastics Europe (in the Netherlands), GE Lighting (Cleveland, Ohio), and GE Aircraft Engines (Cincinnati, Ohio). In 1996, Mr. Vareschi became President and Chief Executive Officer of GE Engine Services, a position he held until his retirement in 2000. Mr. Vareschi also serves on the Board of Directors of WMS International.
| Organization | Position | Status |
|---|---|---|
| WESCO International, Inc. | Board of Directors | Current |
Executive News
-
Wesco International names Haley new CEO
-
BRIEF: Wesco International names Haley president, chief executive
-
Engel Named CEO At Wesco International
-
Innophos CFO to resign in June
-
Wesco International names new executive team
-
WESCO Announces Succession Plan
-
WESCO outlines succession plan
-
WESCO picks new CEO
-
UPDATE 1-Wesco replaces CEO, names CFO
-
WESCO International, Inc. Board of Directors Announces Succession Plan
-
BRIEF-Wesco names new CEO, CFO
-
Wesco announces Succession plan; to appoint John Engel as President, CEO - quick facts
-
WESCO International, Inc. Board of Directors Announces Succession Plan
Industry Transcripts by Seeking Alpha
-
Kirkland’s F3Q09 (Qtr End 10/31/08) Earnings Call Transcript
on Nov 20, 2009about KIRK
-
Ross Stores, Inc. Q3 2009 Earnings Call Transcript
on Nov 20, 2009about ROST
-
Foot Locker F3Q09 (Qtr End 10/31/09) Earnings Call Transcript
on Nov 20, 2009about FL
-
Ann Taylor Stores Corporation Q3 2009 Earnings Call Transcript
on Nov 20, 2009about ANN
-
Gap Inc. Q3 2009 Earnings Call Transcript
on Nov 19, 2009about GPS
Glass Door
WESCO International
IndustryTop Rated
- P&G Retail Push Makes Sense, Risks Aside 3 votes
- Walmart Readies Smaller Stores for Smarter Growth 2 votes
- Lauren Conrad YouTube Tops Kohl's Online Fashion Effort 1 votes
- Giant Supermarkets Seek Advantage of Small Stores 1 votes
- Neil Cole Steps Out From Brother Kenneth's Shadow With Iconix -- Or Does He? 1 votes
