Company also announces promotion of new general counsel
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--
CDW (NASDAQ: CDW), a leading provider
of technology solutions to business, government, education and
healthcare, today announced the planned retirement of its chief
financial officer (CFO), Ann E. Ziegler, at the end of 2017 after nearly
10 years of service to the company. Collin B. Kebo, currently vice
president, financial planning and analysis and CFO for international
operations, will be promoted to CFO effective January 1, 2018.
Ziegler joined CDW as CFO in 2008 and has played an instrumental role in
CDW's growth and development. Kebo also joined CDW in 2008, as vice
president, financial planning and analysis and assumed CFO
responsibilities for the company's growing international operations in
2016. Kebo is a seasoned, thoughtful executive who played a key role in
CDW's successful initial public offering and has been integral to the
company's international success to date.
"Ann and Collin have partnered together closely for many years, and this
announcement is a great example of our robust succession planning
process in action," said Thomas E. Richards, CDW chairman and chief
executive officer. "Ann leaves a legacy of financial stewardship and
discipline that will contribute to our future success for years to come,
and I've appreciated her partnership greatly. Collin brings a passion
for leading teams and driving results, and his expertise in planning and
analysis and deep experience at CDW make him ideally suited for this
expanded role."
"The past 10 years have been some of the most rewarding of my career,
due in large part to the talented people I have worked alongside at
CDW," Ziegler said. "I'm looking forward to having more time going
forward to fulfill personal goals and I am confident that as I hand the
reins over to Collin that he - along with the entire leadership team -
will continue to drive CDW's history of sustainable profitable growth
and create value for all stakeholders."
The company also announced that Frederick ("Rick") J. Kulevich will be
promoted to senior vice president, general counsel and corporate
secretary effective October 16, 2017, reporting to Richards. Kulevich
was previously vice president and deputy general counsel.
"In Rick's 11 years at CDW he has demonstrated that is he is a strong
business partner and legal adviser, and I'm delighted to promote him
into this role," Richards said. "It's rewarding to see two talented
leaders in Collin and Rick take on expanded roles, and I'm confident
they will thrive in their new responsibilities."
Forward-Looking Statements
Statements in this release that are not statements of historical fact
are forward-looking statements within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995,
including, without limitation, statements regarding CDW's management
plans and business prospects. These statements involve risks and
uncertainties that could cause actual results to differ materially from
those described in such statements. Although CDW believes that the
expectations reflected in such forward-looking statements are
reasonable, it can give no assurance that such expectations will prove
to have been correct. Reference is made to a more complete discussion of
forward-looking statements and applicable risks contained under the
captions "Forward-Looking Statements" and "Risk Factors" in CDW's Annual
Report on Form 10-K for the year ended December 31, 2016 and subsequent
filings with the SEC. CDW undertakes no obligation to update or revise
any of its forward-looking statements, whether as a result of new
information, future events or otherwise unless required by law.
About CDW
CDW is a leading multi-brand technology solutions provider to business,
government, education and healthcare organizations in the United States,
Canada and the United Kingdom. A Fortune 500 company with multi-national
capabilities, CDW was founded in 1984 and employs nearly 8,800
coworkers. For the trailing twelve months ended June 30, 2017, the
company generated net sales of nearly $15 billion. For more information
about CDW, please visit www.CDW.com.
CDWPR-CO
View source version on businesswire.com: http://www.businesswire.com/news/home/20171010006077/en/
CDW
Media Contacts:
Sara Granack
Vice President,
Corporate Communications & Reputation
847-419-7411
mediarelations@cdw.com
or
Investor
Contacts:
Sari Macrie, CFA
Vice President, Investor
Relations
847-968-0238
investorrelations@cdw.com
Source: CDW
News Provided by Acquire Media