Paul Finnegan to Retire from CDW Board of Directors
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management
Rhea-AI Summary
CDW Corporation (Nasdaq: CDW) announces the retirement of board member Paul J. Finnegan, effective before the 2023 annual meeting of stockholders. Finnegan has served on the board for 12 years, contributing invaluable insights during significant industry changes and strategic acquisitions. The company expresses gratitude for his service and leadership in fostering a strong CDW culture. Finnegan reflected on the company's evolution and future growth opportunities, highlighting CDW's solid positioning for continued success.
Positive
Paul Finnegan's 12 years of service provided significant industry insights and guided strategic acquisitions.
His retirement could open opportunities for fresh leadership perspectives.
Negative
Concerns may arise regarding continuity and experience gaps in the board following Finnegan's departure.
Insights
Analyzing...
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--
CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, is pleased to recognize the contributions of Paul J. Finnegan, who is retiring from the company’s board of directors. Finnegan’s retirement will take effect just prior to CDW’s 2023 annual meeting of stockholders.
“We are grateful to Paul for his 12 years of exceptional service,” said Christine A. Leahy, chair, president and chief executive officer, CDW. “Paul's seasoned and pragmatic counsel during multiple industry inflection points and challenging macro environments, as well as several strategic acquisitions, has been invaluable to our sustained success and extraordinary long-term value creation. Paul brought a deep appreciation and respect for the way our unique CDW culture fuels success for all of our stakeholders. Paul has left an indelible mark on our organization.”
“Serving on the CDW board of directors has been a privilege,” Finnegan said. “It’s rewarding to look back at how the company has evolved to meet the dynamic needs of customers over the past decade. And it’s equally as rewarding to look ahead to potential growth opportunities that CDW is well positioned to benefit from in the future. I’ll certainly be rooting for the company’s continued success in the years ahead.”
For more details about the CDW board of directors, visit the Our Leadership section of the company’s website.
About CDW
CDW Corporation (Nasdaq: CDW) is a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada. A Fortune 500 company and member of the S&P 500 Index, CDW was founded in 1984 and employs approximately 15,100 coworkers. For the year ended December 31, 2022, the company generated Net sales of approximately $24 billion. For more information about CDW, please visit www.CDW.com.
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