CDW Corp Form 8-K Summary
Business Context and Reporting Period
This filing is a Current Report on Form 8-K for CDW Corporation, dated March 8, 2019. The report addresses corporate governance and executive compensation matters rather than periodic financial results.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document does not contain financial statements or performance metrics.
Material Changes
The primary material change reported is the amendment and restatement of Compensation Protection Agreements for twelve Executive Officers, including Christine A. Leahy, Jill M. Billhorn, and Frederick J. Kulevich. The sole purpose of these amendments was to extend the expiration date of the agreements by three years, from January 1, 2020, to January 1, 2023. These agreements provide severance benefits upon qualifying termination of employment.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, or management commentary regarding future financial performance. No specific risks or contingencies are disclosed beyond the standard terms of the executive compensation agreements. There are no unusual items reported in this filing.
Key Facts for Investor Verification
- Twelve Executive Officers had their Compensation Protection Agreements amended to extend the term through January 1, 2023.
- The amendments were effective as of January 1, 2020, though the filing date was March 8, 2019.
- Full text of the agreements is available in Exhibits 10.1 and 10.2 attached to the filing.
- This filing does not impact the company's current financial position or operating results.