CCL Industries Names Mandeep Chawla and Michael Larsson to Board of Directors

CCL Industries has appointed Mandeep Chawla, CFO of Celestica, and Michael Larsson, President of Dematic Corporation, to its Board of Directors. Chawla and Larsson bring extensive experience in finance and leadership to the company. Their appointments aim to enhance CCL Industries' strategic direction and growth prospects.

CCL Industries Inc. (TSX:CCL.A, CCL.B) has announced the appointment of Mandeep Chawla and Michael Larsson to its Board of Directors, aiming to enhance strategic direction and growth prospects. The appointments were announced on August 15, 2025 [1].

Mandeep Chawla, currently the Chief Financial Officer at Celestica Inc., brings extensive financial expertise to the CCL Board. Prior to Celestica, Chawla held financial leadership positions at MDS Inc., Tyco International Ltd., and General Electric Company. He has also served on the Board of Directors of Sleep Country Canada, where he was Chair of the Audit Committee and a member of the Human Resources and Compensation Committee. Chawla holds a Master of Finance degree from Queen's University and a Bachelor of Commerce degree from McMaster University [1].

Michael Larsson, President of Dematic Corporation, a business segment of the Kion Group AG, brings global expertise in manufacturing processes and supply chain optimization. He has over 30 years of experience with ABB Ltd., a global manufacturer of electrification, motion, and automation equipment. Larsson holds a Bachelor of Science in Economics from the Stockholm School of Economics in Sweden [1].

The appointments come as the CCL Board is back to a full complement following the addition of Andrew M. Butler and Andrea E. Daly at the Annual and Special Shareholders' Meeting in May 2025. Both Butler and Daly bring significant experience in finance, mergers and acquisitions, and corporate governance [1].

CCL Industries, a world leader in specialty label, security, and packaging solutions, employs approximately 26,300 people operating 213 production facilities in 42 countries. The company provides solutions for government institutions, large global customers, and consumers in various markets, including consumer packaging, healthcare & chemicals, consumer electronic devices, and automotive markets [2].

The appointments of Chawla and Larsson are expected to contribute to CCL Industries' strategic planning, capital markets, and operational efficiency, aligning with the company's growth objectives.

References:
[1] https://www.morningstar.com/news/accesswire/1061164msn/ccl-industries-announces-appointment-of-two-new-directors
[2] https://www.theglobeandmail.com/investing/markets/markets-news/ACCESS%20Newswire/34177883/ccl-industries-announces-appointment-of-two-new-directors/