8-K

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) November 28, 2017

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.)

10560 Dr. Martin Luther King, Jr. Street 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))

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.

(b) On November 28, 2017, Mr. Frank A. Newman notified the Board of Directors of Jabil Inc. (the “Company”) that he has decided to retire from the Board at the time of the Company’s annual meeting of stockholders to be held on January 25, 2018 (the “Annual Meeting”) and will not stand for re-election.

Item 8.01. Other Events.

On November 29, 2017 the Company announced that Christopher Holland has been nominated to stand for election to the Jabil Board of Directors at the Annual Meeting. A copy of the press release is included as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d)    Exhibits

The following exhibit is furnished herewith:

Exhibit No.	Description
99.1	Press Release dated November 29, 2017.

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.
December 4, 2017	By:	/s/ Susan Wagner-Fleming
		Susan Wagner-Fleming
		Vice President and Corporate Secretary

EX-99.1

Exhibit 99.1

Jabil Announces Nomination of New Director to Stand for Election to the Board

Frank Newman Announces Decision to Retire from Board in January

ST. PETERSBURG, FLORIDA –November 29, 2017—Jabil (NYSE:JBL) announced today that Christopher Holland has been nominated to stand for election to the Jabil Board of Directors in January 2018.

“We’re pleased to announce the nomination of Chris Holland to our Board,” said Tim Main, Jabil’s Chairman of the Board. “Chris has been successful in both growing and transforming businesses within the services and healthcare sectors. I believe these experiences combined with his outstanding acumen in investment banking, finance, operations and strategy will make Chris a great addition to our Board,” he added.

Mr. Holland has been Senior Vice President and Chief Financial Officer of C.R. Bard, Inc., a multinational developer, manufacturer and marketer of medical technologies and products, since May 2012. During his time at Bard, he has had responsibility for Business Development, Corporate Marketing, Strategy, Reimbursement and the Bard Medical Division. Before joining Bard, Mr. Holland was most recently Senior Vice President, Finance and Treasurer of Aramark Corporation, a global provider of food, facilities and uniform services. Prior to joining Aramark, Mr. Holland served as Vice President and medical device sector head at J. P. Morgan and Company, Inc.

“Chris clearly understands how to drive and sustain shareholder value at large, complex organizations as evidenced by his significant and extensive contributions at Bard and Aramark,” said Tom Sansone, Jabil’s Vice Chairman of the Board. “I believe his expertise and proven leadership skills in key areas will be an asset to Jabil and its shareholders.”

The Company also announced that Frank Newman has decided to retire from the Board at the time of the annual meeting in January and will not stand for re-election. “I have been honored to serve on the Jabil Board and am immensely proud of all that has been accomplished over the years. I leave confident in the strategy and direction of the Company and fully supportive of this fine management team,” said Newman.

“On behalf of the Board and our Management Team, I’d like to thank Frank for his outstanding leadership over the past 20+ years,” said Jabil CEO Mark Mondello. “Frank’s wide-ranging experience and strong leadership helped guide Jabil during many critical junctures, including our transition from a legacy electronics manufacturer to a more complete and comprehensive solutions provider. He helped steward our path as we developed a well-diversified business that I believe is sustainable and will drive our success for many years to come. Thank you, Frank, you’ll be missed for sure.”

About Jabil

Jabil provides comprehensive electronics design and manufacturing product management services to global electronics and technology companies. Offering complete product supply chain management from facilities in 29 countries, Jabil provides comprehensive, individualized-focused solutions to customers in a broad range of industries. Jabil common stock is traded on the New York Stock Exchange under the symbol, “JBL”. Further information is available on Jabil’s website: jabil.com.

Investor & Media Contact:

Beth Walters

Senior Vice President

Investor Relations & Communications

(727) 803-3511

beth_walters@jabil.com