JBL 8-K
Jabil Inc (JBL)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On September 3, 2024, the Board of Directors (“Board”) of Jabil Inc. (“Jabil”), increased the size of the Board from nine to ten directors and appointed Mr. Michael Dastoor to the Board, effective immediately and continuing until the next annual meeting of shareholders or until his successor is duly elected and qualified.
Mr. Dastoor, age 58, was named Chief Executive Officer in May 2024. Over his 24-year tenure at Jabil, he has held multiple leadership roles across Jabil’s global markets since joining in 2000, including serving as Chief Financial Officer from April 2018 through April 2024 and as Senior Vice President, Controller since July 2010.
Mr. Dastoor does not have any direct or indirect material interest in any transaction or proposed transaction required to be reported under Item 404(a) of Regulation S-K.
On September 3, 2024, the Company issued a press release announcing the Mr. Dastoor’s appointment to the Board, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits. |
The following exhibit is furnished herewith:
| Exhibit |
Description | |
| 99.1 | Press Release dated September 3, 2024 | |
| 104 | Cover Page Interactive Data File (Embedded within the Inline XBRL document). | |
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 | ||||||
Exhibit 99.1
Jabil CEO Michael Dastoor Appointed to Board of Directors
2024-09-03
ST. PETERSBURG, Fla.—(BUSINESS WIRE)— Jabil Inc. (NYSE: JBL) announced today that CEO Michael Dastoor has been appointed to the company’s Board of Directors. This appointment follows Dastoor’s recent promotion to CEO in May 2024.
“We are pleased to welcome Mike to the Board. His appointment is a natural extension of his leadership and the impact he has had on Jabil. His thorough understanding of and respect for Jabil’s business and culture will make him an invaluable addition,” said Jabil’s Executive Chairman of the Board, Mark Mondello.
Since joining Jabil in 2000, Dastoor has played a pivotal role in steering the company through various global market challenges, demonstrating exceptional leadership and a deep commitment to Jabil’s growth and success. His extensive experience within the company has been instrumental in shaping Jabil’s strategic direction.
“I am honored to be a part of the Board, and I am looking forward to collaborating with the rest of the Board to support our strategic direction and drive long-term shareholder value,” said Dastoor.
About Jabil:
At Jabil (NYSE: JBL), we are proud to be a trusted partner for the world’s top brands, offering comprehensive engineering, manufacturing, and supply chain solutions. With over 50 years of experience across industries and a vast network of over 100 sites worldwide, Jabil combines global reach with local expertise to deliver both scalable and customized solutions. Our commitment extends beyond business success as we strive to build sustainable processes that minimize environmental impact and foster vibrant and diverse communities around the globe. Discover more at www.jabil.com .
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Source: Jabil Inc.