Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Thomas T. Edman and Raejeanne Skillern Appointment On January 22, 2026, following the 2026 Annual Meeting of Stockholders of Jabil Inc.…
Filed Jan 28, 2026Accepted Jan 28, 2026, 4:01 PM ESTCIK 898293Accession 0001193125-26-027194
At Jabil (NYSE: JBL), we are proud to be a trusted partner for the world’s top brands, offering comprehensive engineering, supply chain, and manufacturing solutions. With 60 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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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Thomas T. Edman and Raejeanne Skillern Appointment
On January 22, 2026, following the 2026 Annual Meeting of Stockholders of Jabil Inc. (the “Company” or “Jabil”), the Board of Directors (the “Board”) of Jabil increased the size of the Board from seven to nine directors and appointed Mr. Thomas T. Edman and Ms. Raejeanne Skillern to the Board, effective immediately and continuing until the next annual meeting of stockholders or until his and her successors, respectively, are duly elected and qualified. The Board has determined that each Mr. Edman and Ms. Skillern is independent under the standards of the New York Stock Exchange and other governing laws and applicable regulations. Mr. Edman has been appointed to Jabil’s Audit Committee and Cybersecurity Committee. Ms. Skillern has been appointed to Jabil’s Audit Committee.
Mr. Edman and Ms. Skillern will receive compensation for their service on the Board consistent with that provided to all non-employee directors, which is described under the caption “Proposal No. 1: Election of Directors - Non-Management Director Compensation” in Jabil’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on December 12, 2025, as adjusted by the Board from time to time.
Other than the compensation from the registrant set forth in the preceding paragraph, no arrangement or understanding exists between Mr. Edman or Ms. Skillern and any other persons, pursuant to which either Mr. Edman or Ms. Skillern was selected as a director and there are no transactions in which Mr. Edman or Ms. Skillern has a material interest that would require disclosure under Item 404(a) of Regulation S-K.
On January 22, 2026, the Company issued a press release announcing Mr. Edman’s and Ms. Skillern’s appointments to the Board, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Steven Raymund Appointed Chairman
Also on January 22, 2026, director Steven Raymund was appointed Chairman of the Board.
Sujatha Chandrasekaran Committee Appointments
Ms. Chandrasekaran was appointed to the Compensation Committee and the Cybersecurity Committee of the Board on January 22, 2026.
Mark T. Mondello’s Consulting Arrangement
As first disclosed in Jabil’s Current Report on Form 8-K filed on October 21, 2025, Mr. Mark T. Mondello did not run for re-election to the Board. Mr. Mondello’s employment with Jabil and service as Executive Chairman of the Board ended on January 22, 2026. Jabil and Mr. Mondello entered into a Consulting Agreement (the “Consulting Agreement”) on January 22, 2026, pursuant to which Mr. Mondello will provide consulting services as an independent contractor to Jabil until January 22, 2028 (the “Consulting Period”). During the Consulting Period, Mr. Mondello will provide advisory and strategic services when requested by the Company’s CEO or Board. Unless terminated for Cause (as defined in the Jabil Inc. 2021 Equity Incentive Plan), during the Consulting Period, Jabil will pay Mr. Mondello a monthly consulting fee of $145,833.00. During the Consulting Period, Jabil shall reimburse Mr. Mondello for his reasonable out-of-pocket expenses incurred in connection with the consulting services in accordance with Jabil’s existing expense reimbursement procedures.
Filed exhibits (1)
EX-99.1 (by filename) d67315dex991.htm
EX-99.1
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d67315dex991.htm
EX-99.1
EX-99.1
Exhibit 99.1
Jabil Announces Appointment of New Chairman, Directors to the Board
2026-01-22
ST. PETERSBURG, Fla. - (BUSINESS WIRE) - Jabil Inc. (NYSE: JBL), a global engineering, supply chain, and manufacturing solutions provider,
today announced that Steve Raymund has been appointed Chairman of its Board of Directors. Additionally, Thomas T. Edman and Raejeanne Skillern have been appointed to its Board of Directors.
“I am honored to accept this role and look forward to collaborating with the rest of the Board to continue advancing Jabil’s strategic
direction,” said Raymund. “We are also pleased to welcome Tom and Raejeanne to our Board. Tom’s leadership in electronics manufacturing paired with Raejeanne’s experience in key growth industries like cloud and data centers
will be terrific additions to Jabil.”
Mr. Raymund has served as a director of Jabil since January 1996 and was appointed Lead Director in
November 2021. He began his career at Tech Data Corporation, now TD Synnex, in 1981 as operations manager. He became COO in 1984 and was promoted to CEO in 1986, serving until his retirement in 2006. Mr. Raymund served as the Cha…