CDW Corporation Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by CDW Corporation on June 27, 2016. The report addresses corporate governance changes specifically regarding the composition of the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a current report regarding personnel changes and does not contain financial performance data.
Material Changes
On June 27, 2016, three members of the Board of Directors resigned:
- Glenn M. Creamer (Senior Managing Director, Providence Equity Partners L.L.C.)
- Michael J. Dominguez (Managing Director, Providence Equity Partners L.L.C.)
- Robin P. Selati (Managing Director, Madison Dearborn Partners, LLC)
These resignations were not due to any disagreement with the Company. Consequently, the Board size decreased from fourteen to eleven members as part of a planned transition of board members from Providence Equity and Madison Dearborn.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on financial performance, or discussion of risks and contingencies. The document strictly reports the departure of directors and the resulting reduction in board size.
Key Facts for Investor Verification
- Verify the new composition of the Board of Directors following the reduction to eleven members.
- Confirm the status of the planned transition of Providence Equity and Madison Dearborn representatives.
- Note that this filing contains no financial data; refer to the most recent 10-Q or 10-K for financial metrics.