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Jabil (NYSE: JBL) expands board, names new chair and Mondello consultant

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Jabil Inc. expanded its Board of Directors from seven to nine members and appointed Thomas T. Edman and Raejeanne Skillern as independent directors. Edman joined the Audit and Cybersecurity Committees, while Skillern joined the Audit Committee, with both receiving the same compensation as other non-employee directors.

Steven Raymund was appointed Chairman of the Board, and director Sujatha Chandrasekaran joined the Compensation and Cybersecurity Committees. Former Executive Chairman Mark T. Mondello ended his employment and entered a Consulting Agreement under which he will serve as an independent contractor through January 22, 2028, for a monthly fee of $145,833 plus reimbursable expenses.

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JABIL INC false 0000898293 0000898293 2026-01-22 2026-01-22
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) January 22, 2026

 

 

Jabil Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-14063   38-1886260

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

10800 Roosevelt Boulevard North, St. Petersburg, Florida 33716

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code (727) 577-9749

 

(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
symbol(s)

 

Name of each exchange
on which registered

Common Stock, $0.001 par value per share   JBL   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


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.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

 

Exhibit
No.

  

Description

10.1*†    Consulting Agreement dated January 22, 2026, between Jabil Inc. and Mark T. Mondello
99.1*    Press Release dated January 22, 2026
104    Cover Page Interactive Data File (Embedded within the Inline XBRL document).

 

*

Filed herewith

Management contracts, compensation plans or arrangements


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

        JABIL INC.
January 28, 2026     By:  

/s/ Susan Wagner-Fleming

            Susan Wagner-Fleming
      Senior Vice President, Securities, M&A and Corporate Secretary

FAQ

What board changes did Jabil (JBL) announce on January 22, 2026?

Jabil expanded its board from seven to nine directors and appointed Thomas T. Edman and Raejeanne Skillern as new independent members. Steven Raymund was named Chairman, and Sujatha Chandrasekaran received additional committee assignments on the Compensation and Cybersecurity Committees.

Who are the new directors appointed to Jabil (JBL)’s board?

Jabil appointed Thomas T. Edman and Raejeanne Skillern to its board as independent directors. Edman joined the Audit and Cybersecurity Committees, while Skillern joined the Audit Committee. Both will receive standard non-employee director compensation as described in Jabil’s December 12, 2025 proxy statement.

What consulting arrangement did Jabil (JBL) enter with Mark T. Mondello?

After his employment and Executive Chairman role ended, Mark T. Mondello agreed to consult for Jabil as an independent contractor through January 22, 2028. He will provide advisory and strategic services when requested, for a monthly consulting fee of $145,833 plus reimbursed expenses.

How will former Executive Chairman Mark T. Mondello be compensated by Jabil (JBL)?

Under a Consulting Agreement, Mark T. Mondello will receive a monthly consulting fee of $145,833 during the consulting period ending January 22, 2028. Jabil will also reimburse his reasonable out-of-pocket expenses related to providing advisory and strategic services.

What new committee roles were assigned within Jabil (JBL)’s board?

Thomas T. Edman was appointed to Jabil’s Audit and Cybersecurity Committees, and Raejeanne Skillern joined the Audit Committee. In addition, director Sujatha Chandrasekaran was appointed to the Compensation Committee and the Cybersecurity Committee, strengthening board oversight in these areas.

Did Jabil (JBL) disclose any related-party transactions for the new directors?

Jabil stated there are no arrangements or understandings with other persons regarding the selection of Thomas T. Edman or Raejeanne Skillern as directors, and no transactions involving either that require disclosure under Item 404(a) of Regulation S-K, aside from standard director compensation.
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