Jabil Inc. Announces CEO Transition and Board Changes
Ticker: JBL · Form: 8-K · Filed: Sep 6, 2024 · CIK: 898293
Sentiment: neutral
Topics: leadership-change, executive-appointment, board-of-directors
Related Tickers: JBL
TL;DR
Jabil's CEO is out, new CEO in, board shakeup. Big changes happening.
AI Summary
Jabil Inc. announced on September 3, 2024, changes in its executive team and board of directors. Mark T. Mondello will transition from CEO to Executive Chairman, and Michael D. D. Wilson has been appointed as the new CEO. Additionally, the company reported its financial results, though specific figures were not detailed in this filing excerpt.
Why It Matters
This filing signals a significant leadership change at Jabil Inc., with the CEO stepping down to a new role and a successor being appointed, which could impact the company's strategic direction and investor confidence.
Risk Assessment
Risk Level: medium — Leadership transitions and board changes can introduce uncertainty and potential shifts in strategy, which may affect the company's performance and stock price.
Key Players & Entities
- Jabil Inc. (company) — Registrant
- Mark T. Mondello (person) — Outgoing CEO, transitioning to Executive Chairman
- Michael D. D. Wilson (person) — Newly appointed CEO
- September 3, 2024 (date) — Date of earliest event reported
FAQ
What is the effective date of the reported changes?
The earliest event reported is dated September 3, 2024.
Who is the new CEO of Jabil Inc.?
Michael D. D. Wilson has been appointed as the new CEO of Jabil Inc.
What is Mark T. Mondello's new role?
Mark T. Mondello is transitioning from CEO to Executive Chairman.
What is Jabil Inc.'s state of incorporation?
Jabil Inc. is incorporated in Delaware.
What is the principal executive office address for Jabil Inc.?
The address of the principal executive offices is 10800 Roosevelt Boulevard North, St. Petersburg, Florida 33716.
Filing Stats: 570 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-09-06 16:01:55
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value per share JBL New York St
Filing Documents
- d838405d8k.htm (8-K) — 25KB
- d838405dex991.htm (EX-99.1) — 4KB
- g838405g0906034633574.jpg (GRAPHIC) — 3KB
- g838405g0906034634011.jpg (GRAPHIC) — 2KB
- 0001193125-24-215143.txt ( ) — 154KB
- jbl-20240903.xsd (EX-101.SCH) — 3KB
- jbl-20240903_lab.xml (EX-101.LAB) — 17KB
- jbl-20240903_pre.xml (EX-101.PRE) — 11KB
- d838405d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. The following exhibit is furnished herewith: Exhibit No. Description 99.1 Press Release dated September 3, 2024 104 Cover Page Interactive Data File (Embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. JABIL INC. September 6, 2024 By: /s/ Susan Wagner-Fleming Susan Wagner-Fleming Vice President, Senior Deputy General Counsel and Corporate Secretary