Jabil Inc. Appoints New CFO and General Counsel
Ticker: JBL · Form: 8-K · Filed: May 20, 2024 · CIK: 898293
Sentiment: neutral
Topics: executive-appointment, cfo, legal
Related Tickers: PLXS
TL;DR
Jabil just hired a new CFO from Plexus Corp and a new General Counsel.
AI Summary
Jabil Inc. announced on May 20, 2024, that its Board of Directors has appointed Michael J. Dastoor as Chief Financial Officer, effective May 18, 2024. Dastoor previously served as Executive Vice President and Chief Financial Officer of Plexus Corp. The company also announced the appointment of Mark D. D. Murphy as Senior Vice President, Chief Legal Officer and General Counsel, effective May 20, 2024.
Why It Matters
The appointment of a new Chief Financial Officer and General Counsel can signal strategic shifts or a focus on financial and legal oversight within the company.
Risk Assessment
Risk Level: low — This filing primarily concerns executive appointments and does not involve significant financial transactions or operational changes that would inherently increase risk.
Key Players & Entities
- Jabil Inc. (company) — Registrant
- Michael J. Dastoor (person) — Appointed Chief Financial Officer
- Plexus Corp. (company) — Previous employer of Michael J. Dastoor
- Mark D. D. Murphy (person) — Appointed Senior Vice President, Chief Legal Officer and General Counsel
- May 18, 2024 (date) — Effective date for CFO appointment
- May 20, 2024 (date) — Effective date for General Counsel appointment
FAQ
Who has been appointed as the new Chief Financial Officer of Jabil Inc.?
Michael J. Dastoor has been appointed as the new Chief Financial Officer of Jabil Inc.
When was Michael J. Dastoor's appointment as CFO effective?
Michael J. Dastoor's appointment as CFO was effective May 18, 2024.
What was Michael J. Dastoor's previous role?
Michael J. Dastoor previously served as Executive Vice President and Chief Financial Officer of Plexus Corp.
Who has been appointed as the new Senior Vice President, Chief Legal Officer and General Counsel?
Mark D. D. Murphy has been appointed as the new Senior Vice President, Chief Legal Officer and General Counsel.
When was Mark D. D. Murphy's appointment effective?
Mark D. D. Murphy's appointment was effective May 20, 2024.
Filing Stats: 1,681 words · 7 min read · ~6 pages · Grade level 11.1 · Accepted 2024-05-20 16:54:54
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value per share JBL New York St
- $2,000,000 — r. Wilson will (a) receive a payment of $2,000,000, less applicable taxes and withholdings
- $250,000 — n eight equal quarterly installments of $250,000 and (b) retain his long-term incentive
Filing Documents
- d829227d8k.htm (8-K) — 37KB
- d829227dex101.htm (EX-10.1) — 110KB
- d829227dex102.htm (EX-10.2) — 14KB
- d829227dex991.htm (EX-99.1) — 11KB
- g829227img01.jpg (GRAPHIC) — 23KB
- 0001193125-24-142941.txt ( ) — 360KB
- jbl-20240518.xsd (EX-101.SCH) — 3KB
- jbl-20240518_lab.xml (EX-101.LAB) — 17KB
- jbl-20240518_pre.xml (EX-101.PRE) — 11KB
- d829227d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1*# Separation, Release and Restrictive Covenants Agreement between Kenneth S. Wilson and Jabil Inc. dated May 19, 2024 10.2* Amendment to Mutual Separation Agreement and Release dated as of May 19, 2024 between Jabil Inc. and Steven D. Borges 99.1 Press Release dated May 20, 2024 104 Cover Page Interactive Data File (Embedded within the Inline XBRL document). *Filed herewith Management contracts, compensation plans or arrangements #Certain portions of this exhibit have been redacted pursuant to Item 601(b)(10)(iv) of Regulation S-K. Jabil agrees to furnish supplementally an unredacted copy of the exhibit to the Securities and Exchange Commission upon request. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. JABIL INC. By: /s/ Susan Wagner-Fleming Susan Wagner-Fleming Vice President, Senior Deputy General Counsel and Corporate Secretary Date: May 20, 2024