Business
Celestica appoints Craig Muhlhauser President and Chief Executive Officer
Celestica appoints Craig Muhlhauser President and Chief Executive Officer.
About this update from Celestica Inc.
[{"type":"text","content":"\n\n\n\n\nTORONTO, Nov. 27 /CNW/ - Celestica Inc. (NYSE, TSX: CLS), a world leader\nin electronics manufacturing services (EMS), today announced the appointment\nof Craig H. Muhlhauser to the position of President and Chief Executive\nOfficer, effective immediately. Mr. Muhlhauser succeeds Stephen W. Delaney,\nwho is resigning from Celestica to pursue other business interests.\nMr. Muhlhauser was previously Celestica's President, with specific\nresponsibility for Worldwide Sales and Business Development. Prior to joining\nCelestica in May 2005, Mr. Muhlhauser was President and Chief Executive\nOfficer of Exide Technologies, one of the world's largest producers and\nrecyclers of lead acid batteries. Before joining Exide Technologies, he was\nVice President, Ford Motor Company and President, Visteon Automotive Systems.\nDuring his career, Mr. Muhlhauser has worked in a number of diverse industries\nand has held senior management positions at various companies including United\nTechnologies, Asea Brown-Boveri, Lucas Industries and General Electric.\nCommenting on the change, Robert Crandall, Chairman of the company's\nBoard of Directors, said, \"Steve Delaney has served as Celestica's CEO since\nJanuary 2004 and he has made important contributions to the company's\ndevelopment. We wish him the best in his new endeavors.\"\n\"The Board is delighted to have an executive with Craig Muhlhauser's\nbroad and proven leadership credentials available to assume the role of\nPresident and CEO,\" added Mr. Crandall. \"Since joining Celestica and becoming\na member of the senior executive team, Craig has been instrumental in focusing\nour business development activities on new, high-growth markets and we are\nconfident that his high energy, broad executive experience and innovative\nleadership will ensure continued progress in the years ahead.\"\n\"I am very pleased to assume this new leadership role as Celestica's\nPresident and CEO,\" said Mr. Muhlhauser. \"This is a tremendous opportunity to\nbuild on the aggressive global restructuring actions of the last few years, to\nestablish stronger, long-term partnerships with our customers and to\naccelerate the improvement in Celestica's operational and financial\nperformance.\"\n\nAbout Celestica\nCelestica is a world leader in the delivery of electronics manufacturing\nservices (EMS). Celestica o...