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Posted 18 April, 2024

JABIL INC appointed Mr. Michael Dastoor as new CEO

NYSE:JBL appointed new Chief Executive Officer Mr. Michael Dastoor in a 8-K filed on 18 April, 2024.


  Effective as of April 19, 2024, the Company's Board of Directors appointed Mr. Michael Dastoor, Chief Financial Officer, to serve as the Company's interim Chief Executive Officer.  

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Overview of JABIL INC
Business/Consumer Services • Technical Services
Jabil, Inc. engages in the provision of electronic manufacturing services and solutions. It offers electronics design, production, product management, and repair services to companies in the automotive and transportation, capital equipment, consumer lifestyles and wearable technologies, computing and storage, defense and aerospace, digital home, healthcare, industrial and energy, mobility, networking and telecommunications, packaging, point of sale, and printing industries. The firm operates through the following segments: Electronics Manufacturing Services and Diversified Manufacturing Services. The Electronics Manufacturing Services segment focuses around leveraging IT, supply chain design and engineering, and technologies largely centered on core electronics. The Diversified Manufacturing Services segment provides engineering solutions, with an emphasis on material sciences and technologies. The company was founded by William E. Morean and James Golden in 1966 and is headquartered in St. Petersburg, FL.
Market Cap
$19.0B
View Company Details
JABIL INC by TradingView
Relevant filing section
Item 5.02. 
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. Effective as of April 19, 2024, the Company's Board of Directors appointed Mr. Michael Dastoor, Chief Financial Officer, to serve as the Company's interim Chief Executive Officer. Information about Mr. Dastoor can be found in, and is incorporated into this Item 5.02 by reference to, the Company's Annual Report on form 10-K filed with the Securities and Exchange Commission on October 20, 2023. Mr. Mark T. Mondello continues in his role as Executive Chairman of the Board of Directors.