Wesco International, a global leader in supply chain and logistics solutions, has named Indraneel Dev, a seasoned Indian American financial executive with deep industrial expertise, as Executive Vice President and Chief Financial Officer.
He will succeed Dave Schulz, who is retiring on May 1. Schulz was a primary architect of the company’s financial strategy during its transformative 2020 merger with Anixter International, an acquisition that effectively doubled the firm’s size and expanded its global footprint.
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“Indraneel is a proven leader with a track record of driving performance in large-scale industrial organizations,” said John Engel, Wesco’s Chairman, President, and CEO. “His expertise will be critical as we continue to execute our long-term strategy and deliver value to our shareholders.”
Dev joins Wesco following a high-profile tenure at Honeywell. Most recently, Dev served as the CFO for Honeywell’s Integrated Supply Chain, where he oversaw the financial operations of a massive global network. His background is characterized by a focus on operational efficiency and digital transformation—skills that Wesco views as essential for its next chapter of growth.
Dev’s experience in managing complex financial systems within the industrial and technology sectors makes him a natural fit for Wesco’s evolving business model, which increasingly relies on data-driven logistics and sustainable supply chain management.
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To ensure a seamless transition, Schulz will remain with the company in a senior advisory capacity until May. This overlap is intended to provide continuity for investors and internal teams as Dev takes over the financial helm.
The move comes at a time when Wesco is doubling down on its digital capabilities and expanding its reach in the electrical, communications, and utility markets. As the company looks toward a future defined by electrification and automation, Dev’s background in high-tech industrial manufacturing is expected to play a central role in maintaining Wesco’s competitive edge.
Headquartered in Pittsburgh, Pennsylvania, Wesco is a Fortune 500 company with approximately $24 billion in annual sales in 2025 and a leading provider of business-to-business distribution, logistics services and supply chain solutions.