Sundar PichaiSundar Pichai earned $164M in 2023

John J. Engel, born in 1963, is the CEO of WESCO International Inc. He has been leading the company since September 2009 and took on the role of Chairman in 2011. Engel has a solid background in business, holding a...

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John J. Engel

CEO of Wesco International

Education

Not specified

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

Born

January 1, 1962 - 63 years ago

CEO of Wesco International for

16 years 3 months (Jan 2009 - Present)

Previous Experience

Senior Vice President and General Manager of Gateway, Inc., Executive Vice President and Senior Vice President of Perkin Elmer, Inc., Vice President and General Manager of Allied Signal, Inc., and various positions at General Electric Company.

Holdings

See how much did John J. Engel make over time.

John Engel has been active in managing his investments in WESCO. Between 2020 and 2023, he made numerous transactions worth millions, reflecting a diverse approach to business. In early 2020, he bought shares valued at about $624.54K. His trading escalated...

Total Stock Sold

$43.08M

WCC

$43.08M

466,939 WCC shares

What if they kept their stock?

If John J. Engel didn't sell their stock, today they would have:
Extra WCC466,939 shares worth $11.58M.
This is -73.11% and $31.49M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of John J. Engel.

WCC

58.651 shares

WCC

Dec 31, 2024

Received

WCC

64.823 shares

WCC

Sep 30, 2024

Received

WCC

68.513 shares

WCC

Jun 28, 2024

Received

X

4,798 shares

X

Apr 30, 2024

Received

WCC

63.257 shares

WCC

Mar 29, 2024

Received

WCC

13,809 shares

WCC

Mar 1, 2024

Received

WCC

78,852 shares

WCC

Feb 15, 2024

Received

WCC

59.53 shares

WCC

Dec 29, 2023

Received

WCC

71.785 shares

WCC

Sep 29, 2023

Received

WCC

161.919 shares

WCC

Jun 30, 2023

Received

Compensation History

See how much did John J. Engel make over time.

John Engel’s compensation reflects his role at WESCO, consistently ranking in the multi-million dollar range. In 2011, he earned around $4.1 million that included a base salary of $800,000 and a bonus of $1.26 million based on performance metrics. The structure of his pay is designed to align with the success of the company, focused on key financial indicators. Over the years, Engel's total compensation has varied, but he has remained an instrumental figure in driving WESCO's performance and strategy. His involvement in stock awards and bonuses ties his financial success directly to the company’s performance, which is evident from the substantial stock appreciation he has witnessed during his tenure.

Year

2011

Total Compensation

$2.72M

Salary

$800.00K

Board Justification

The compensation philosophy focuses on attracting and retaining top talent while aligning executive compensation with company performance and shareholder interests.

Bonus

$1.27M

Board Justification

Cash incentive bonus based on performance metrics including EBITDA, free cash flow, and return on invested capital, with a maximum payout opportunity of 200%.

Other

$132.45K

Board Justification

Includes vehicle allowance, club memberships, and contributions to retirement savings programs.

Restricted Stock

$519.97K(8.66K RSU)

Board Justification

Restricted Stock Units (RSUs) that vested on February 16, 2014, granted on February 16, 2011.

Performance Metrics

Performance metrics include EBITDA, free cash flow, and return on invested capital.