Jabil plans chair transition, trims board to seven in 2026

Jabil Inc. announced board changes following its October meeting.

Rhea-AI Filing Summary

Jabil Inc. announced board changes following its October meeting. Executive Chairman Mark T. Mondello and directors Kathleen A. Walters and James Siminoff will not seek re-election, with their terms ending at the 2026 Annual Meeting on January 22, 2026.

Upon Mr. Mondello’s departure, Lead Director Steven Raymund is expected to become chairman of the Board. Jabil also anticipates entering into a consulting agreement with Mr. Mondello effective at that time.

The Board approved reducing its size to seven members effective immediately prior to the 2026 Annual Meeting. The company issued a press release on October 16, 2025 outlining these changes.

Insights

Corporate governance analyst

Planned leadership transition with board downsizing; neutral impact.

Jabil disclosed a scheduled governance shift: the Executive Chairman and two directors will not stand for re-election, with terms ending at the 2026 Annual Meeting on January 22, 2026. The Lead Director is expected to assume the chair role, preserving continuity in board leadership.

The company anticipates a consulting agreement with Mr. Mondello at his departure, which can support knowledge transfer without a continuing board role. The Board size will decrease to seven immediately prior to the meeting, aligning composition with upcoming departures.

Actual impact depends on execution of the chair transition and board effectiveness following the reduction. The company furnished a press release on October 16, 2025 summarizing these steps.

8-K Event Classification

3 items: 5.02, 8.01, 9.01

3 items

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.

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What board changes did Jabil (JBL) announce?

Executive Chairman Mark T. Mondello and directors Kathleen A. Walters and James Siminoff will not seek re-election, ending their terms at the 2026 Annual Meeting on January 22, 2026.

Who is expected to become Jabil’s chairman of the Board?

Lead Director Steven Raymund is expected to assume the role of chairman upon Mr. Mondello’s departure.

Will Jabil enter a consulting agreement with Mark Mondello?

Jabil anticipates entering into a consulting agreement with Mr. Mondello effective at the time of his departure.

How will Jabil’s board size change (JBL)?

The Board approved a decrease to seven members, effective immediately prior to the 2026 Annual Meeting.

When were these governance updates announced?

Jabil issued a press release on October 16, 2025 detailing the departures and leadership transition.

Where can I find the related Jabil press release?

It is furnished as Exhibit 99.1 to the report.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 10/21/2025 - 08:00 AM Learn about SEC filing dates

JABIL INC false 0000898293 0000898293 2025-10-16 2025-10-16

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) October 16, 2025

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.

On October 16, 2025, following Jabil Inc.’s October meeting of the Board of Directors (the “Board”), Jabil announced that Executive Chairman Mark T. Mondello and Directors Kathleen A. Walters and James Siminoff would not seek re-election to the Board at the end of their current terms, which conclude on January 22, 2026 at Jabil’s 2026 Annual Meeting of Stockholders (the “2026 Annual Meeting”).

Upon Mr. Mondello’s departure, Lead Director Steven Raymund is expected to assume the role of chairman of the Board.

Jabil also anticipates that it will enter into a consulting agreement with Mr. Mondello effective at the time of his departure.

Item 8.01 Other Events.

On October 16, 2025, the Company issued a press release regarding the departure of Mr. Mondello, Ms. Walters, and Mr. Siminoff, which is attached as Exhibit 99.1 and incorporated herein by reference.

In addition, on October 16, 2025, the Board approved a decrease in the size of the Board to seven members effective immediately prior to the 2026 Annual Meeting.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

The following exhibit is furnished herewith:

Exhibit No.		Description
99.1		Press Release dated October 16, 2025
104		Cover Page Interactive Data File (Embedded within the Inline XBRL document).

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.
October 21, 2025				By:		/s/ Susan Wagner-Fleming
						Susan Wagner-Fleming
						Senior Vice President, Securities, M&A and Corporate Secretary