Jabil Inc. (NYSE: JBL) says that Chairman and CEO Mark Mondello will give up the CEO role on May 1, 2023. Kenny Wilson, currently executive vice president at Jabil, will assume the CEO title at that time. Mondello will remain executive chairman of the company.
Mondello has been with Jabil for more than 30 years. He will focus on strategy and corporate development has he turns his attention exclusively to the chairman’s role, according to Steve Raymund, lead independent director at the company. "Mark's commitment to Jabil, our employees, and our investors has been resolute," added Raymund. "He embodies our value set here at Jabil and leads with passion and care. Furthermore, over the past two years, Mark has been fully transparent about his plans, allowing us the opportunity to work together to ensure a thorough succession plan, one that led to the selection of Kenny Wilson, a long-tenured and superbly prepared Jabil leader."
Wilson joined Jabil in 2000 and has held responsibilities for business in Europe, Asia, and the Americas. He currently leads the Jabil Greenpoint team.
"The ethos of our company is all about our people and Kenny is a tremendous example of a tireless leader who possesses great followership throughout the company," Mondello said. "He has a track record of delivering results for over 20 years. I look forward to maintaining our close-knit working relationship, as we continue to serve our stakeholders worldwide."
For related articles, visit the Business Topic Center.
For more information on optical modules and suppliers, visit the Lightwave Buyer’s Guide.
To stay abreast of optical communications technology, subscribe to Lightwave’s Enabling Technologies Newsletter.
Stephen Hardy | Editorial Director and Associate Publisher, Lightwave
Stephen Hardy is editorial director and associate publisher of Lightwave and Broadband Technology Report, part of the Lighting & Technology Group at Endeavor Business Media. Stephen is responsible for establishing and executing editorial strategy across the both brands’ websites, email newsletters, events, and other information products. He has covered the fiber-optics space for more than 20 years, and communications and technology for more than 35 years. During his tenure, Lightwave has received awards from Folio: and the American Society of Business Press Editors (ASBPE) for editorial excellence. Prior to joining Lightwave in 1997, Stephen worked for Telecommunications magazine and the Journal of Electronic Defense.
Stephen has moderated panels at numerous events, including the Optica Executive Forum, ECOC, and SCTE Cable-Tec Expo. He also is program director for the Lightwave Innovation Reviews and the Diamond Technology Reviews.
He has written numerous articles in all aspects of optical communications and fiber-optic networks, including fiber to the home (FTTH), PON, optical components, DWDM, fiber cables, packet optical transport, optical transceivers, lasers, fiber optic testing, and more.
You can connect with Stephen on LinkedIn as well as Twitter.