Jabil EVP Operations Gerald Creadon to depart; signs separation agreement with $1.5M severance

JABIL INC

Creadon, former EVP Operations, began garden leave June 1, 2024; employment ends March 1, 2025.
Receives $1.5M severance in six quarterly installments starting after March 2025; retains FY24 STI bonus.
Equity awards vest per existing agreements; no new grants; 2-year non-compete and non-solicitation.
Must return property; confidentiality, non-disparagement, and cooperation obligations included.

item 5.02 item 9.01

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Departed

Gerald Creadon

Executive Vice President, Operations

JBL · JABIL INC

Effective: 2024-05-18
Filed: May 31, 2024, 7:59 PM ET

As disclosed in Jabil Inc.'s Current Report on Form 8-K filed on May 20, 2024, Mr. Gerald (JJ”) Creadon no longer served as Executive Vice President, Operations as of May 18, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Gerald Creadon departed as Executive Vice President, Operations at JABIL INC.

Action: no longer served
Role: Executive Vice President, Operations

Exact text from the filing

As disclosed in Jabil Inc.'s Current Report on Form 8-K filed on May 20, 2024, Mr. Gerald (JJ”) Creadon no longer served as Executive Vice President, Operations as of May 18, 2024.

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JABIL INC filing history →

Source: SEC EDGAR

accession 0001193125-24-150934

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