News & Events

of this Current Report, including Exhibit 99.1, shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section. The information in this Current Report shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date of this Current Report, regardless of any general incor…

Costs Associated with Exit or Disposal Activities. The Company expects the total amount of pre-tax restructuring and other related costs to be approximately $200 million, including the following estimated items: • $60 million to $70 million of employee severance and benefit costs; • $65 million to $70 million of asset write-off costs; and • $55 million to $65 million of contract termination costs and other related costs. The Company continues to expect to incur these costs over the course of…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On April 15, 2024, Mr. Kenneth S. Wilson, Chief Executive Officer and Director of Jabil Inc. (the “Company”), was placed on a paid leave pending completion of an investigation related to corporate policies. The conduct that prompted this review does not relate to, and does not impact, the Company’s financial statements or financial reporting. Effec…

Costs Associated with Exit or Disposal Activities. The Company continues to expect the total amount of pre-tax restructuring and other related costs to be approximately $300 million, including the following estimated items: • $150 million to $180 million of employee severance and benefit costs; • $80 million to $120 million of asset write-off costs; and • $30 million to $40 million of contract termination costs and other related costs. The Company continues to expect to incur these costs over…

Costs Associated with Exit or Disposal Activities. On September 26, 2023, the Board of Directors of Jabil Inc. (the “Company”) approved a restructuring plan to (i) realign the Company’s cost base for stranded costs associated with the Company’s sale and realignment of its Mobility business and (ii) optimize the Company’s global footprint. This action includes headcount reductions across our Selling, General and Administrative (“SG&A”) cost base and capacity realignment (the “2024 Restructurin…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 10, 2023, Steven D. Borges, Executive Vice President and CEO, Diversified Manufacturing Services, announced that he intends to retire from Jabil Inc. on December 31, 2023, remaining available to transition his responsibilities through December 31, 2024. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as ame…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 3, 2022, as previously disclosed in a Current Report on Form 8-K, the Board of Directors (“Board”) of Jabil Inc. (“Jabil”), announced the appointment of Mr. Kenneth Wilson to succeed Mr. Mark Mondello as Chief Executive Officer, effective May 1, 2023. On April 20, 2023, the Board of Jabil increased the size of the Board from eight to ni…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 28, 2022, Ms. Martha Brooks notified the Board of Directors (the “Board”) of Jabil Inc. (“the Company”), that she has decided not to stand for re-election at the Company’s 2023 annual meeting of stockholders and, therefore, her term as a director will end immediately prior to the meeting. Immediately upon the end of her term, the size o…