CDW (CDW) executive compensation, 2026 proxy

Christine A. Leahy, Chair, President, and Chief Executive Officer, was paid $15M in 2025, up 49% from $10.1M the year before. The CEO-to-median-employee pay ratio was 128:1, on median employee pay of $117,586.

Filed
April 10, 2026
Annual meeting
May 21, 2026
Pay year
2025
Named executives
5
CEO total pay
$15M+49% vs prior year
CEO to median employee
128:1median $117,586
CEO pay in equity
78%$11.8M in awards
Prior say-on-pay support
91%of votes cast
CEO Target Compensation
$15.0MAnnual target direct compensation for 2025
CEO Variable Pay %
93%Of target compensation
SMIP Payout %
100.12%Of 2025 targets
2023 PSU Vested %
70.8%Of target

How Leahy was paid

$15M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary7%Stock awards78%Non-equity incentive14%All other compensation0%

Named executive officers

ExecutiveTotal
Christine A. LeahyChair, President, and Chief Executive Officer$15,009,507
Albert J. MirallesChief Financial Officer and Executive Vice President, Enterprise Business Operations$6,389,261
Elizabeth H. ConnellyChief Commercial Officer and Executive Vice President$5,190,154
Mukesh KumarChief Services and Solutions Officer and Executive Vice President$4,343,030
Sona ChawlaChief Growth and Innovation Officer and Executive Vice President$5,095,547

What changed and why

  • 93%Approximately 93% of the target compensation of our CEO was variable and performance-based in 2025.
  • $15MThe CEO total compensation increased to $15,009,507 in 2025 from $10,051,578 in 2024.
  • 60%Long-term incentive mix was revised to weight performance stock units and restricted stock units 60% and 40%, respectively.
  • 25%A strategic objectives component weighted 25% was introduced into the annual cash incentive plan.
  • 91%Stockholders showed strong support with approximately 91% approval for the say-on-pay vote in 2025.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.