leadership
confidence high
sentiment neutral
materiality 0.65
Jabil exec Chairman Mondello and two directors to depart board in Jan 2026; Raymund named chairman
JABIL INC
- Executive Chairman Mark Mondello and directors Kathleen Walters and Jamie Siminoff will not seek re-election at the January 2026 Annual Meeting.
- Lead Director Steve Raymund is expected to assume the role of chairman after Mondello's departure.
- Board size will be reduced to seven members effective immediately prior to the 2026 Annual Meeting.
- Mondello will enter into a consulting agreement with Jabil after leaving the board.
- Siminoff leaves due to his return to a full-time VP role at Amazon/Ring, which acquired his company Ring in 2018.