Celestica Inc. (NYSE: CLS) reported a senior leadership transition in a Form 8-K filed July 6, 2026, announcing that Jason Phillips will retire from the company at the end of 2026. As part of the succession plan, Steven Dorwart has been appointed to succeed Phillips as President, Connectivity and Cloud Solutions, effective immediately on July 6, 2026. Phillips will remain with Celestica in an advisory capacity through the end of the year to support the transition. The filing was made under Item 5.02, which covers departures, appointments and compensatory arrangements involving directors and certain officers. The company did not disclose any equity awards, compensation terms, option grants, vesting schedules, share transactions, prices, transaction codes or post-transaction ownership details in connection with Dorwart’s appointment or Phillips’ retirement. Celestica also filed the related press release dated July 6, 2026 as Exhibit 99.1 under Item 9.01. The action matters because Connectivity and Cloud Solutions is a key leadership area for Celestica, and the filing confirms an immediate executive succession while maintaining continuity through Phillips’ advisory role until year-end.
Stock detail
Celestica (CLS) stock price, chart, and key data
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Stock detail
Celestica
CLS · XNYS
-$1.27 (-0.37%) past day
$337.62
Overnight $338.54 (+0.27%)
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Financials
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Day range
$304.14 - $343.48
Close price
$334.75
Market cap
$38.5B
P/E ratio
184.49
About the company
Celestica Inc
Celestica Inc offers supply chain solutions. The company has two operating and reportable segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). The ATS segment consists of the ATS end market and is comprised of the Aerospace and Defense, Industrial, health tech, and Capital Equipment businesses. Its Capital Equipment business is comprised of the semiconductor, display, and robotics equipment businesses, and the CCS segment consists of Communications and Enterprise end markets, The Enterprise end market is comprised of its servers and storage businesses. The company generates a majority of its revenue from the Connectivity & Cloud Solutions segment.
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#1Roger Marshall
republican · Senate · KS
- Sell$1,001 / $8,001 / $15,000
- Buy$1,001 / $8,001 / $15,000
#2Roger Marshall
republican · Senate · KS
- Sell$1,001 / $8,001 / $15,000
- Buy$1,001 / $8,001 / $15,000
#3Valerie Hoyle
democrat · House · OR-4
- Sell$1,001 / $8,001 / $15,000
#4Cleo Fields
democrat · House · LA-6
- Buy$15,001 / $32,501 / $50,000
- Buy$15,001 / $32,501 / $50,000
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