UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of The Securities Exchange Act of 1934
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On April 16, 2025, the Board of Directors (“Board”) of Jabil Inc. (“Jabil”), increased the size of the Board from nine to ten directors and appointed Ms. Sujatha Chandrasekaran to the Board, effective immediately and continuing until the next annual meeting of stockholders or until her successor is duly elected and qualified. Ms. Chandrasekaran’s committee assignments are expected to be made by the Board at its next regularly scheduled meeting. The Board has determined that Ms. Chandrasekaran is independent under the standards of the New York Stock Exchange and other governing laws and applicable regulations.
Ms. Chandrasekaran will receive compensation for her 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 - Director Compensation” in Jabil’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on December 12, 2024, 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 Ms. Chandrasekaran and any other persons, pursuant to which Ms. Chandrasekaran was selected as a director and there are no transactions in which Ms. Chandrasekaran has an interest that would require disclosure under Item 404(a) of Regulation S-K.
On April 21, 2025, the Company issued a press release announcing Ms. Chandrasekaran’s appointment to the Board, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
The following exhibit is furnished herewith:
| Exhibit No. |
Description | |
| 99.1 | Press Release dated April 21, 2025, announcing the appointment of Sujatha Chandrasekaran to the Board of Directors of Jabil Inc. | |
| 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. | ||||||
| April 22, 2025 | By: | /s/ Susan Wagner-Fleming | ||||
| Susan Wagner-Fleming | ||||||
| Senior Vice President, Securities, M&A and Corporate Secretary | ||||||