Summary
Celestica Inc. (CLS) has announced a significant change in its Board of Directors, with Dr. Luis Müller intending to resign effective January 28, 2026. Dr. Müller is stepping down from his roles as a Director, Chair of the Audit Committee, and member of other Board committees. The company explicitly states that his departure is for personal reasons to pursue other professional commitments and is not a result of any disagreements concerning the Company's operations, policies, or practices. Dr. Müller will continue to fulfill his duties fully until his resignation date, ensuring a smooth transition. In anticipation of Dr. Müller's departure, the Board has appointed Mr. Amar Maletira, a current Board member, to succeed him as Chair of the Audit Committee. Mr. Maletira brings extensive financial leadership experience, including over 25 years in public company business and strategic finance roles within the enterprise technology sector, notably holding Chief Financial Officer positions. The Board has confirmed his financial expertise makes him well-suited for this critical role, indicating a stable leadership transition for the Audit Committee.
Key Highlights
- 1Dr. Luis Müller to resign from Celestica's Board of Directors, Audit Committee Chair, and other committees, effective January 28, 2026.
- 2Dr. Müller's resignation is due to personal reasons and other professional commitments, with no disagreement with the Company.
- 3Dr. Müller will remain actively engaged in his current capacities until his resignation.
- 4Mr. Amar Maletira, a current Board member, appointed as the new Chair of the Audit Committee, effective January 28, 2026.
- 5Mr. Maletira possesses over 25 years of financial leadership experience, including CFO roles in technology industries.
- 6The Board has determined Mr. Maletira has the necessary financial expertise for the Audit Committee Chair role.