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): June 1, 2020
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 | 15219 | |||||||||||||||||||
Pittsburgh, | Pennsylvania | (Zip Code) | ||||||||||||||||||
(Address of principal executive offices) |
(412) 454-2200
(Registrant's telephone number, including area code)
Not applicable.
(Former name or former address, if changed since last report)
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 |
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))
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. ☐ |
5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
(b) On June 1, 2020, WESCO International, Inc. (the “Company”) announced certain changes to its management structure, which will be effective after the closing of the Company’s previously announced acquisition of Anixter International Inc. (“Anixter”) pursuant to the Agreement and Plan of Merger, dated as of January 10, 2020 (as it may be amended, modified or supplemented from time to time, the “Merger Agreement”), by and among the Company, Anixter and Warrior Merger Sub, Inc. The Merger Agreement was included as an exhibit to the Company’s Current Report on Form 8-K, filed on January 13, 2020.
After the closing of the acquisition, the Company expects to have three strategic business units with a leader of each business unit, and will not have a Chief Operating Officer. The Company’s current Senior Vice President and Chief Operating Officer, Mr. Nelson Squires III, is expected to become the Executive Vice President and General Manager of the Electrical and Electronic Solutions strategic business unit after closing.
A copy of the press release is attached as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. | Description | |||||||
99.1 | ||||||||
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) |
June 1, 2020 | By: | /s/ David S. Schulz | ||||||
(Date) | David S. Schulz | |||||||
Senior Vice President and Chief Financial Officer |