CDW Corp Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by CDW Corporation on April 15, 2011. The report addresses a change in the company's board of directors effective May 3, 2011.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to corporate governance updates and does not contain financial performance data.
Material Changes
Paul J. Finnegan, Co-Chief Executive Officer of Madison Dearborn Partners, LLC (MDP), will replace George A. Peinado, a Managing Director of MDP, as one of the directors of CDW designated by MDP. This change applies to CDW Holdings LLC, CDW Corporation, CDW LLC, and CDW Finance Corporation. It has not yet been determined on which committees Mr. Finnegan will serve.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on operations, or discussion of risks and contingencies. It references Item 13 of the 2010 Form 10-K for details on relationships between MDP and CDW Corporation.
Key Facts for Investors to Verify
- Confirmation of the effective date for the director change (May 3, 2011).
- Future announcements regarding Mr. Finnegan's committee assignments.
- Review of the 2010 Form 10-K for existing related party transactions between MDP and CDW.