Celestica Leadership Shuffle Signals Major Growth Opportunities Ahead -- Market Talk
Dow Jones2026/09/11 17:021301 ET - Moving Celestica's long-time CFO Mandeep Chawla to the newly created Group President, Global Markets role suggests significant growth opportunities in the future, according to TD Cowen's John Shao in a note. The analyst says that after a call with the company, Chawla's new role seems to be mostly customer facing, giving one of the company's most trusted executives an increasing focus on "capturing share from both existing and potentially new customers." Another benefit for Celestica is that the succession is internal, with current SVP Finance Todd Ankenmann taking over the CFO role. Shao believes he "possesses a similar skill set, institutional knowledge, and operational focus--all necessary to become a high quality CFO." Celestica is up 4.9% to C$472.28. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
September 11, 2026 13:02 ET (17:02 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
What Will Happen to the Price of Bitcoin If the Fed Raises Interest Rates Next Week?
Quanta Services Inc. Stock Rallies 5.1%, Outperforms Peers
Kinross Gold Corp. Stock Rises Friday, Outperforms Market
