Jabil Announces Nomination of New Directors to Stand for Election to the Board
Posted December 09, 2015
New Independent Directors to Add Expertise in Connected Tech and Auto Industries
ST. PETERSBURG, Fla.--(BUSINESS WIRE)-- Jabil Circuit, Inc. (NYSE: JBL) announced today that Anousheh Ansari and John C. Plant have been nominated to stand for election to the Jabil Board of Directors on January 2016.
"We are delighted to nominate Anousheh and John to our Board and welcome their fresh perspective," said Tim Main, Jabil's Chairman of the Board. "Anousheh's vast experience in the connectivity of people, data and devices and John's broad-based expertise in the automotive and transportation industry will serve us well. Their rich experience in entrepreneurship, emerging technologies and delivering shareholder value through innovation will contribute to the evolution of our Board and company."
Ms. Ansari is an entrepreneur at heart, having founded two successful companies. In 2006 she co-founded and currently serves as Chief Executive Officer of Prodea Systems, a provider of a powerful software platform that makes it technically possible and economically feasible for service providers to deliver services via smart devices and sensors in a user-friendly, fully integrated way. Previously Ansari founded Telecom Technologies, Inc. and served as Chief Executive Officer and Chairman until Sonus Network acquired it in 2001. Ms. Ansari was the first female private space explorer and is on the Board of Trustees for the Ansari X Prize.
Mr. Plant is a Director of MASCO Corporation and Gates Corporation. For the last four years, Plant was the Chief Executive Officer, President, and Chairman of the Board of TRW Automotive Holdings Corporation, a diversified automotive supplier. He has served in a wide variety of executive leadership positions with leading automotive and transportation entities over the past 30 plus years, including TRW Inc. and Lucas Industries. The plant serves as a director of the Automotive Safety Council and as a Vice Chairman of the Kennedy Center Corporate Fund Board.
"I'm excited and look forward to the diverse thoughts and strategic insights Anousheh and John will bring to our Board. They will be incredibly valuable to our leadership team as we move the company forward," said Jabil CEO Mark Mondello.
The Company also announced that Lawrence J. Murphy and Mel S. Lavitt would not stand for re-election to the Board at Jabil's annual meeting in January 2016.
"On behalf of the Board, I would like to thank Larry and Mel for their outstanding service and leadership," said Tom Sansone, Jabil's Vice Chairman of the Board. "Both Larry and Mel joined the Jabil Board before the company went public. Their stewardship spans eras that include Jabil's transition to a public company, globalization with concurrent rapid growth, the dot-com boom, and bust, as well as the more recent era of accelerated acquisition activity and the development of new markets and adjacencies. Through each of these eras, they have provided leadership that forms a foundation of the heritage of a great global company. Please join us in celebrating their decades of guidance and counsel."
Jabil is an electronic product solutions company providing comprehensive electronics design and manufacturing product management services to global electronics and technology companies. Offering complete product supply chain management from facilities in 27 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151209005145/en/
Jabil Circuit, Inc.
Investor & Media Contact:
Beth Walters, 727-803-3511
Senior Vice President
Investor Relations & Communications
Source: Jabil Circuit, Inc.
News Provided by Acquire Media