Jabil (NYSE: JBL) expands board, names new chair and Mondello consultant
Filing Impact
Filing Sentiment
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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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
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.