CELESTICA INC current report, 11 September 2026

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Celestica Inc. 8-K Summary

Business Context and Reporting Period

This Form 8-K Current Report was filed by Celestica Inc. on September 11, 2026. The filing discloses significant executive leadership changes effective October 1, 2026, involving the appointment of a new Chief Financial Officer and the promotion of the current CFO to a newly created Group President role.

Key Financial Metrics

The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics. The document focuses exclusively on executive compensation and appointment details.

Material Changes

The primary material change is the restructuring of senior finance leadership:

  • Mandeep Chawla: Transitioning from Chief Financial Officer to the newly created role of Group President, Global Markets.
  • Todd Ankenmann: Appointed as the new Chief Financial Officer, succeeding Mr. Chawla.

Management Commentary, Risks, and Unusual Items

The filing details the compensatory arrangements for the new roles, effective October 1, 2026:

  • Mandeep Chawla (Group President, Global Markets):
    • Base Salary: Increased to $750,000.
    • Target Incentive (CTI): Increased to 120%.
    • Equity Award: Grant date target value of $1,700,000 (40% RSUs, 60% PSUs).
  • Todd Ankenmann (Chief Financial Officer):
    • Base Salary: Increased to $600,000.
    • Target Incentive (CTI): Increased to 80%.
    • Equity Award: Grant date target value of $1,450,000 (40% RSUs, 60% PSUs).

Neither executive has a family relationship with other directors or officers, and no related person transactions requiring disclosure under Item 404(a) of Regulation S-K were identified.

Investor Verification Checklist

  • Verify the effective date of the leadership transition (October 1, 2026).
  • Confirm the total compensation impact, including the $3,150,000 in combined equity award target values.
  • Review the press release (Exhibit 99.1) for additional strategic context regarding the creation of the "Group President, Global Markets" role.
  • Monitor future filings for the impact of these changes on financial reporting and internal controls.