Fabrinet Announces Retirement of Founder and Chairman Tom Mitchell After 25 Years of Visionary Leadership
Fabrinet (NYSE: FN) announced the retirement of founder and Chairman David T. “Tom” Mitchell effective Oct 17, 2025, after 25 years leading the company he founded in 2000.
Mr. Mitchell served as CEO and Chairman until 2017, returned as Chairman in 2018, and helped grow Fabrinet from a start-up to a global manufacturer with revenue exceeding $3.4 billion in fiscal 2025 and more than 16,000 employees. The company completed its IPO in 2010. The board appointed CEO Seamus Grady as Chairman to ensure continuity; Grady will serve as both CEO and Chairman.
Fabrinet (NYSE: FN) ha annunciato il pensionamento del fondatore e presidente David T. “Tom” Mitchell, effettivo dal 17 ottobre 2025, dopo 25 anni al comando dell'azienda da lui fondata nel 2000.
Il signor Mitchell ha ricoperto il ruolo di CEO e presidente fino al 2017, è tornato come presidente nel 2018 e ha contribuito a far crescere Fabrinet da startup a produttore globale con un fatturato superiore a 3,4 miliardi di dollari nel 2025 fiscale e oltre 16.000 dipendenti. L'azienda ha completato la sua offerta pubblica iniziale nel 2010. Il consiglio ha nominato il CEO Seamus Grady come presidente per garantire la continuità; Grady ricoprirà sia il ruolo di CEO che di presidente.
Fabrinet (NYSE: FN) anunció la jubilación del fundador y presidente David T. “Tom” Mitchell, con efecto a partir del 17 de octubre de 2025, tras 25 años al frente de la empresa que fundó en 2000.
El señor Mitchell se desempeñó como CEO y presidente hasta 2017, regresó como presidente en 2018 y ayudó a convertir a Fabrinet de una startup en un fabricante global con ingresos que superan los 3,4 mil millones de dólares en el año fiscal 2025 y más de 16.000 empleados. La empresa completó su OPI en 2010. La junta designó al CEO Seamus Grady como presidente para garantizar la continuidad; Grady ejercerá como CEO y presidente.
Fabrinet (NYSE: FN)는 2025년 10월 17일부로 회사를 2000년에 창립한 창립자 겸 의장 다윗 T. “톰” 미첼의 은퇴를 발표했습니다.
미첼은 2017년까지 CEO와 의장을 역임했고, 2018년에 의장으로 복귀했으며 스타트업에서 글로벌 제조업체로 Fabrinet를 성장시키는 데 기여했습니다. 재무 연도 2025에서 매출이 34억 달러를 초과하고 16,000명 이상의 직원을 보유하게 되었습니다. 이 회사는 2010년에 IPO를 마쳤습니다. 이사회는 연속성을 보장하기 위해 CEO 세이무스 그레이디를 의장으로 임명했습니다. 그레이디는 CEO와 의장을 겸임하게 됩니다.
Fabrinet (NYSE: FN) a annoncé la retraite du fondateur et président David T. “Tom” Mitchell à compter du 17 octobre 2025, après 25 ans à la tête de l’entreprise qu’il a fondée en 2000.
M. Mitchell a occupé les postes de CEO et de président jusqu’en 2017, est revenu comme président en 2018 et a contribué à faire passer Fabrinet d’une start-up à un fabricant mondial avec un chiffre d’affaires dépassant 3,4 milliards de dollars en exercice 2025 et plus de 16 000 employés. L’entreprise a bouclé son IPO en 2010. Le conseil d’administration a nommé le PDG Seamus Grady comme président afin d’assurer la continuité ; Grady exercera les fonctions de CEO et de président.
Fabrinet (NYSE: FN) kündigte den Ruhestand von Gründer und Vorsitzendem David T. “Tom” Mitchell an, der am 17. Oktober 2025 in Kraft tritt, nach 25 Jahren an der Spitze des 2000 gegründeten Unternehmens.
Herr Mitchell war bis 2017 CEO und Vorsitzender, kehrte 2018 als Vorsitzender zurück und half Fabrinet dabei, sich von einem Start-up zu einem globalen Hersteller zu entwickeln, mit einem Umsatz von über 3,4 Milliarden USD im Geschäftsjahr 2025 und mehr als 16.000 Mitarbeitern. Das Unternehmen schloss seinen IPO im Jahr 2010 ab. Der Vorstand berief CEO Seamus Grady zum Vorsitzenden, um Kontinuität sicherzustellen; Grady wird sowohl CEO als auch Vorsitzender sein.
فابرينت (ناسداك: FN) أعلنت تقاعد المؤسس والرئيس ديفيد ت. “توماس” ميتشل اعتباراً من 17 أكتوبر 2025، بعد 25 عاماً من قيادة الشركة التي أسسها في 2000.
شغل السيد ميتشل منصب الرئيس التنفيذي والرئيس حتى 2017، وعودته كـرئيس في 2018، وساعد في نمو فابرينت من شركة ناشئة إلى مصنع عالمي مع إيرادات تفوق 3.4 مليار دولار في السنة المالية 2025 وأكثر من 16,000 موظف. أكملت الشركة طرحها العام الأولي في 2010. عيّن مجلس الإدارة الرئيس التنفيذي سيامس غريدي رئيساً لضمان الاستمرارية؛ سيشغل غريدي كل من منصب الرئيس التنفيذي والرئيس.
Fabrinet (NYSE: FN) 宣布创始人兼董事长 David T. “Tom” Mitchell 将于 2025 年 10 月 17 日起退休，离任时他在公司创立于 2000 年后已任职 25 年。
Mitchell 先生担任首席执行官兼董事长直到 2017 年，2018 年回归担任董事长，并帮助将 Fabrinet 从初创企业发展成全球制造商，在 2025 财年营业收入超过 34 亿美元，员工超过 16,000 名。公司于 2010 年完成 首次公开募股（IPO）。董事会任命首席执行官 Seamus Grady 为董事长，以确保延续性；Grady 将同时担任首席执行官与董事长。
- Revenue exceeded $3.4 billion in fiscal 2025
- Workforce of more than 16,000 employees worldwide
- Board appointed CEO Seamus Grady as Chairman for continuity
- Company has a public listing since 2010 IPO
- Founder and long‑time chairman retired Oct 17, 2025
- CEO and Chairman roles are now consolidated under Seamus Grady
BANGKOK, Oct. 17, 2025 (GLOBE NEWSWIRE) -- Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced the retirement of company founder and Chairman, David T. (“Tom”) Mitchell, after 25 years of visionary leadership.
Mr. Mitchell founded Fabrinet in 2000 and over the next 25 years grew the organization into a highly-respected public company. This impressive accomplishment was driven by an unwavering commitment to innovation, customer focus, and long-term value creation.
Mr. Mitchell, who previously co-founded Seagate Technologies, served as Fabrinet’s CEO and Chairman from the company’s inception until 2017, when Seamus Grady was appointed CEO. Mr. Mitchell returned to the role of Chairman in 2018, which he has held since.
Under Mr. Mitchell’s leadership, Fabrinet evolved from a startup into a global manufacturing leader of components and modules for the optical communications, automotive, industrial laser, and other advanced technology markets. The company completed its initial public offering on the New York Stock Exchange in 2010, and has since extended its track record of profitable growth and operational excellence, with revenue exceeding
Over the years, Fabrinet has expanded its manufacturing footprint, serving as a trusted partner to the world’s most demanding OEMs. Today, Fabrinet employs more than 16,000 people worldwide.
In conjunction with Mr. Mitchell’s retirement, the Board of Directors appointed CEO and Director Seamus Grady as Chairman, ensuring Fabrinet’s seamless continuity of leadership.
“Seeing Fabrinet grow from a start-up to a multi-billion-dollar organization has been the highlight of my professional career,” said Tom Mitchell, retiring Chairman of Fabrinet. “I have taken great pride in seeing the core values we established at inception – exceptional customer service, advanced manufacturing innovation, and delivering a compelling value proposition – continue to guide the business. With Seamus Grady at the helm, I am confident that the enduring power of these values will continue to strengthen Fabrinet’s position as a market leader.”
“Tom has built Fabrinet into the extraordinary organization it is today, and I am honored to continue his legacy of strong integrity, customer service and operational excellence,” said Seamus Grady, CEO and incoming Chairman. “With this strong foundation in place, combined with our leading market presence and world-class team, we are well-positioned for continued growth and value creation.”
About Fabrinet
Fabrinet is a leading provider of advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of complex products, such as optical communication components, modules and subsystems, automotive components, medical devices, industrial lasers and sensors. Fabrinet offers a broad range of advanced optical and electro-mechanical capabilities across the entire manufacturing process, including process design and engineering, supply chain management, manufacturing, advanced packaging, integration, final assembly and testing. Fabrinet focuses on production of high complexity products in any mix and any volume. Fabrinet maintains engineering and manufacturing resources and facilities in Thailand, the United States of America, the People’s Republic of China, and Israel. For more information visit: www.fabrinet.com.
SOURCE: Fabrinet
Investor Contact:
Garo Toomajanian
ir@fabrinet.com
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