8-KLeadership ChangesExhibits & Filings

CELESTICA INC 8-K Report, Executive Changes (Jul 30, 2025)

Filed July 30, 2025For Securities:CLS

Summary

Celestica Inc. (CLS) announced a significant addition to its Board of Directors with the appointment of Chris Colpitts, effective July 28, 2025. Mr. Colpitts brings extensive experience in the technology, media, and telecommunications (TMT) sectors, gained over 20 years in investment banking and private equity. His background includes leadership roles at CVC Capital Partners, Deutsche Bank, and Lehman Brothers, where he advised on numerous strategic transactions. This appointment is expected to bolster Celestica's strategic capabilities as the company pursues its growth objectives. The appointment is notable given Mr. Colpitts's deep understanding of market dynamics and corporate development. He has been appointed to key committees of the Board, including the Audit Committee, Human Resources and Compensation Committee, and Nominating and Corporate Governance Committee. The Board has confirmed Mr. Colpitts meets the independence requirements under Canadian securities laws and NYSE listing standards. There are no disclosed related-party transactions or special arrangements concerning his appointment.

Key Highlights

  • 1Chris Colpitts appointed to Celestica Inc.'s Board of Directors, effective July 28, 2025.
  • 2Mr. Colpitts brings over 20 years of experience in technology, media, and telecommunications (TMT) sectors, with a background in investment banking and private equity.
  • 3Previous roles include Senior Managing Director at CVC Capital Partners and Global Co-Head of TMT Investment Banking at Deutsche Bank.
  • 4Mr. Colpitts has been appointed to the Audit Committee, Human Resources and Compensation Committee, and Nominating and Corporate Governance Committee.
  • 5The Board has affirmed Mr. Colpitts's independence under Canadian securities laws and NYSE listing standards.
  • 6Mr. Colpitts's appointment is seen as a strategic enhancement to the Board's expertise, particularly in supporting Celestica's growth trajectory.

Frequently Asked Questions

Chris Colpitts is a newly appointed member of Celestica Inc.'s Board of Directors. He has 20 years of extensive experience in the technology, media, and telecommunications (TMT) sectors, specializing in investment banking and private equity. His prior roles include leadership positions at CVC Capital Partners, Deutsche Bank, and Lehman Brothers, where he advised on significant transactions in the technology industry.

Mr. Colpitts's appointment is significant as it brings deep financial and strategic expertise in the TMT sector to Celestica's Board. His background in investment banking and private equity is expected to be invaluable in supporting the company's growth strategy and navigating market dynamics, particularly in a sector where Celestica operates.

Mr. Colpitts has been appointed to three key committees of the Board: the Audit Committee, the Human Resources and Compensation Committee, and the Nominating and Corporate Governance Committee. These committee assignments indicate his integral role in overseeing critical aspects of the company's operations and governance.

Yes, the Board of Directors has determined that Mr. Colpitts qualifies as an independent director under both Canadian securities laws and NYSE listing standards. This ensures objective oversight and guidance for the company.