A multi-brand IT solutions provider, CDW sells more than 100,000 hardware, software, and service products from over 1,000 vendor partners to business, government, education, and healthcare customers across the US, UK, and Canada. It began in 1984 when Michael Krasny placed a small newspaper ad to sell his personal computer, got an overwhelming response, and started reselling computers from his Chicago apartment under the name Computer Discount Warehouse—the initials that became CDW.
CDW CFO Albert J. Miralles to retire in 2027 after orderly transition
Albert J. Miralles, CFO and EVP of Enterprise Business Operations, announced retirement on August 3, 2026, effective March 31, 2027.
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He will remain CFO until a successor is named, then serve as Executive Advisor through March 31, 2028.
Compensation unchanged through March 31, 2027; eligible for prorated FY2026 and FY2027 cash incentives.
From April 1, 2027, base salary drops to $60,000 annually; no cash incentive or long-term incentive eligibility.
Severance benefits under his Compensation Protection Agreement cease as of March 31, 2027.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
CDW stockholders approve amendment permitting action by written consent at 2026 Annual Meeting
The Eighth Amended and Restated Certificate of Incorporation was filed with the Delaware Secretary of State on May 22, 2026, making the amendment effective.
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At the May 21, 2026 Annual Meeting, stockholders approved an amendment to CDW's Certificate of Incorporation to permit stockholder action by written consent.
The Board adopted Amended and Restated Bylaws clarifying that written consent is allowed only as set forth in the amended certificate.
Stockholders elected nine directors, each with terms expiring at the 2027 Annual Meeting; all nominees received majority support.
Stockholders approved executive compensation on an advisory basis and ratified Ernst & Young LLP as independent auditor for 2026, but rejected a proposal for independent board chair requirements.
5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · 5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits
CDW Board authorizes $1 billion increase to share repurchase program
The increase is incremental to approximately $484 million unused under the program as of March 31, 2026.
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CDW Corporation announced on May 13, 2026 that its Board of Directors approved a $1 billion increase to its share repurchase program.
Repurchases may be made in open market, privately negotiated, or other transactions, with timing and amounts based on market conditions and other factors.
The program does not obligate CDW to repurchase any minimum amount and may be modified, suspended, or discontinued at any time.
Since its IPO in June 2013, CDW has returned approximately $8.4 billion to stockholders through share repurchases and dividends.
7.01 Regulation FD Disclosure · 8.01 Other Events · 9.01 Financial Statements and Exhibits
CDW realigns into three reportable segments (Commercial, Government, Education) effective Jan 1, 2026, with recast historical data.
The Commercial segment serves corporate, financial services, and healthcare customers in the U.S., absorbing former Small business segment customers; Government serves federal, state, local agencies and related private sector customers; Education serves U.S. primary, secondary, and higher education institutions.
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CDW Corporation announced a realignment of its customer-facing sales organization effective January 1, 2026, resulting in three reportable segments: Commercial, Government, and Education.
CDW UK and CDW Canada remain unchanged and are reported in an 'Other' category.
The company updated its methodology for allocating headquarters function costs, distinguishing between segment-supporting and enterprise-wide costs, applied to historical periods.
Unaudited recast segment data for quarters from March 31, 2024 through December 31, 2025 is provided; it does not amend or restate previously reported consolidated financial statements.
The information is furnished under Item 7.01 and is not deemed filed for SEC purposes.