CDW CFO Albert Miralles to Retire in 2027

What happened

On August 5, 2026, CDW Corp disclosed in an 8-K filing that Chief Financial Officer and Executive Vice President Albert J. Miralles had informed the company of his intention to retire in 2027. The company and Miralles agreed that he will remain in his current role until a successor is named, then serve in an advisory capacity through March 31, 2028.

A press release announcing the transition was issued the same day, as noted under Item 7.01 (Regulation FD Disclosure).

The filing

The 8-K, filed August 5, 2026, reports that on August 3, 2026, Miralles informed CDW of his retirement plan. He will continue full-time employment through March 31, 2027, and then part-time as Executive Advisor through March 31, 2028. His current compensation remains unchanged through March 31, 2027; from April 1, 2027, his base salary drops to $60,000 with no incentive awards or long-term equity eligibility. The letter agreement is filed as Exhibit 10.1.

The filing states Miralles will no longer have a right to terminate for Good Reason under his Compensation Protection Agreement, and severance eligibility ends March 31, 2027.

Market reaction

On August 5, 2026, CDW common stock (CDW) closed at $140.10, down 9.03% from the previous close of $154.00. Volume was 5,745,018 shares, about 2.75 times the average volume of 2,089,117. The filing does not state a reason for the price decline.