Jabil Announces Retirement of Chief Operating Officer

ST. PETERSBURG, Fla.--()--Today Jabil Circuit, Inc. (NYSE: JBL) announced that Chief Operating Officer (COO) Bill Muir is retiring, effective December 31, 2017. He will continue to serve as COO during a transition period and then will serve as an advisor through the end of the year.

“Bill’s been an extraordinary leader in helping build Jabil into the company it is today. For 25 years, Bill’s dedication, integrity and commitment to our customers, shareholders and employees have been significant and we are grateful for his many contributions. We wish him all the very best as he pursues the next chapter of his career,” said CEO Mark Mondello.

Muir joined Jabil in 1992 as a Quality Engineer and over the years held increasingly responsible global roles, including Regional President of Asia and Executive Vice President of Jabil’s Global Manufacturing Services, before assuming his current position in 2013.

“I will miss the exceptional individuals and the unique culture the most,” said Muir. “I will always value the many friendships I’ve been fortunate to build during my quarter century with Jabil.” Muir said the decision to leave Jabil was a difficult personal decision but commented, “I am honored to have played a part in Jabil’s global growth and the differentiated value we bring to our customers through innovative design engineering, advanced manufacturing technologies and digital supply chain expertise.” He said he’s excited about entering the next phase of life and leaves “highly confident that Jabil is uniquely positioned to drive digital transformations, creating new avenues of business growth and enhanced revenue streams for our customers.”

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 28 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.

Contacts

Jabil Circuit, Inc.
Beth Walters, 727-803-3511
Senior Vice President, Investor Relations & Communications
beth_walters@jabil.com

Contacts

Jabil Circuit, Inc.
Beth Walters, 727-803-3511
Senior Vice President, Investor Relations & Communications
beth_walters@jabil.com