01—Abstract
Summary
Summary of the 8-K filed March 24, 2026. Cited figures are marked; the original filing is the authoritative source.
Celestica Inc. (CLS) has filed an 8-K report detailing significant changes in its Board of Directors.
Michael M. Wilson, the current Chair of the Board, will not seek re-election at the upcoming 2026 annual meeting of shareholders. This departure is aligned with the company's director retirement policy and is not indicative of any disagreements.
In response to Mr. Wilson's upcoming retirement, the Board has appointed Robert A. Mionis, the current President and CEO, to serve as the new Chair of the Board. Additionally, Laurette T.
Koellner has been named Lead Independent Director. The company is also strengthening its board with the appointment of David Reeder as a new independent director, effective May 1, 2026. Mr. Reeder brings extensive experience in the semiconductor and technology sectors, having previously held key financial and executive roles at companies like Entegris, Inc., Chewy, and GlobalFoundries.
02—Key points
Key Highlights
- Michael M. Wilson to retire as Chair of the Board at the 2026 annual meeting.
- Robert A. Mionis, President and CEO, appointed as new Chair of the Board.
- Laurette T. Koellner appointed as Lead Independent Director.
- David Reeder appointed as a new independent director, effective May 1, 2026.
- Mr. Reeder possesses significant experience in the semiconductor and technology industries, including IPO experience.
- Mr. Reeder has been appointed to key board committees: Audit, Human Resources and Compensation, and Nominating and Corporate Governance.
- Mr. Wilson's departure is consistent with company policy and not due to any disagreements.
03—Questions
Frequently Asked Questions
Why is Michael M. Wilson stepping down as Chair of the Board?
Michael M. Wilson is stepping down as Chair of the Board because he will not be standing for re-election at the 2026 annual meeting of shareholders. This decision is in line with the company's established director retirement policy and is not a result of any disagreements.
Who will replace Michael M. Wilson as Chair of the Board?
Robert A. Mionis, who currently serves as the President and CEO of Celestica Inc., has been appointed as the new Chair of the Board, effective immediately prior to the 2026 annual meeting.
What expertise does the new director, David Reeder, bring to Celestica?
David Reeder brings extensive executive experience, particularly in leading global semiconductor and technology enterprises. His background includes financial leadership roles at companies such as Entegris, Inc., Chewy, and GlobalFoundries (where he oversaw an IPO), as well as experience at various other technology firms. This diverse experience is expected to be valuable to Celestica's Board.
Which committees will the new director, David Reeder, serve on?
Effective May 1, 2026, David Reeder has been appointed to serve on the Board's Audit Committee, Human Resources and Compensation Committee, and Nominating and Corporate Governance Committee.
04—Continue