On March 24, 2026, Celestica Inc. (NYSE: CLS) announced significant changes in its leadership structure. Michael M. Wilson, the Chair of the Board of Directors, has decided not to stand for re-election at the upcoming 2026 Annual Meeting of Shareholders, effective immediately prior to the meeting. This decision aligns with the company's director retirement policy and is not attributed to any disagreements regarding the company's operations or policies.

In light of Wilson's retirement, Robert A. Mionis, the current President and CEO, will assume the role of Chair of the Board. Mionis has been with Celestica since 2015 and brings extensive leadership experience to this new position. Laurette T. Koellner has been appointed as the Lead Independent Director, a role that will see her oversee executive sessions of independent directors and serve as a liaison between the independent directors and the Board Chair.

Additionally, the Board has appointed David Reeder as a new member, effective May 1, 2026. Reeder is an experienced executive with a strong background in the semiconductor and technology sectors, currently serving as President and CEO of Entegris, Inc. His appointment is expected to enhance the Board's capabilities, particularly in financial and operational leadership.

These changes are part of Celestica's ongoing efforts to ensure strong governance and strategic oversight as the company continues to navigate the evolving technology landscape. The Board believes that the new leadership structure will facilitate the execution of its long-term strategy and drive future growth.



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