Jabil Executive Chairman Mark T. Mondello To Step Down In January; Steve Raymund Expected Successor

Executive Chairman Mark T. Mondello and Directors Kathleen A. Walters and Jamie Siminoff to Depart the Board; Lead Director Steve Raymund Expected to Become Chairman

ST. PETERSBURG, Fla.--(BUSINESS WIRE)-- Jabil Inc. (NYSE:JBL) today announced that Executive Chairman of the Board of Directors Mark T. Mondello and Directors Kathleen A. Walters and Jamie Siminoff will not seek re-election at Jabil's Annual Meeting of Stockholders in January 2026.

Mondello, Walters, and Siminoff will continue to serve on the Board until the company's Annual Meeting of Stockholders in January 2026.

Mondello will depart from the board and his role as executive chairman after 12 years of distinguished service on the board and 33 years with Jabil, including a decade as chief executive officer from 2013 to 2023. During his tenure, he was essential in shaping Jabil's diversification strategy, which significantly broadened the company's portfolio, accelerated growth and positioned Jabil as a global leader in manufacturing solutions.