Jabil CEO Placed on Paid Leave Pending Investigation

Dow Jones04-19

By Ben Glickman

Jabil Chief Executive Kenneth Wilson was placed on paid leave as the company conducts an investigation into corporate policies.

The electronics contract manufacturer in a regulatory filing on Thursday didn't specify what prompted the investigation or provide further details. Jabil said the conduct in question doesn't relate to or affect the company's financial statements.

Jabil named Chief Financial Officer Michael Dastoor as interim CEO until the investigation is complete.

Wilson is approaching his one-year anniversary in charge of Jabil. He joined the company in 2000 as a business unit coordinator and has held various leadership roles. Before being named CEO, he served as CEO of the company's Green Point division.

Wilson was nominated to the board of Xerox on April 11, which is to be voted on at the company's annual shareholder meeting scheduled for May 22.

Write to Ben Glickman at ben.glickman@wsj.com

(END) Dow Jones Newswires

April 18, 2024 17:41 ET (21:41 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2428523971?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-04-19 05:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2428523971","market":"sh","top_or_hot":-1,"title":"Jabil CEO Placed on Paid Leave Pending Investigation","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Ben Glickman \n</p>\n<pre>\n \n</pre>\n<p>\n  Jabil Chief Executive Kenneth Wilson was placed on paid leave as the company conducts an investigation into corporate policies. \n</p>\n<p>\n  The electronics contract manufacturer in a regulatory filing on Thursday didn't specify what prompted the investigation or provide further details. Jabil said the conduct in question doesn't relate to or affect the company's financial statements. \n</p>\n<p>\n  Jabil named Chief Financial Officer Michael Dastoor as interim CEO until the investigation is complete. \n</p>\n<p>\n  Wilson is approaching his one-year anniversary in charge of Jabil. He joined the company in 2000 as a business unit coordinator and has held various leadership roles. Before being named CEO, he served as CEO of the company's Green Point division. \n</p>\n<p>\n  Wilson was nominated to the board of Xerox on April 11, which is to be voted on at the company's annual shareholder meeting scheduled for May 22. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Ben Glickman at ben.glickman@wsj.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 18, 2024 17:41 ET (21:41 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jabil CEO Placed on Paid Leave Pending Investigation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJabil CEO Placed on Paid Leave Pending Investigation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-19 05:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By Ben Glickman \n\n\n \n\n\n  Jabil Chief Executive Kenneth Wilson was placed on paid leave as the company conducts an investigation into corporate policies. \n\n\n  The electronics contract manufacturer in a...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2428523971","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2428523971","pubTimestamp":1713476460,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Jabil Chief Executive Kenneth Wilson was placed on paid leave as the company conducts an investigation into corporate policies.The electronics contract manufacturer in a regulatory filing on Thursday didn't specify what prompted the investigation or provide further details. Jabil said the conduct in question doesn't relate to or affect the company's financial statements.Jabil named Chief Financial Officer Michael Dastoor as interim CEO until the investigation is complete.Wilson is approaching his one-year anniversary in charge of Jabil. He joined the company in 2000 as a business unit coordinator and has held various leadership roles. Before being named CEO, he served as CEO of the company's Green Point division.Wilson was nominated to the board of Xerox on April 11, which is to be voted on at the company's annual shareholder meeting scheduled for May 22.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","SGXZ31699556.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","SG9999014906.USD":"大华全球优质成长基金Acc USD","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","BK4512":"苹果概念","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","BK4145":"电子制造服务","BK4585":"ETF&股票定投概念","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","JBL":"捷普科技","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H"},"translate_title":"捷普首席执行官带薪休假等待调查","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JBL":0.9},"content_text":"By Ben Glickman \n\n\n \n\n\n  Jabil Chief Executive Kenneth Wilson was placed on paid leave as the company conducts an investigation into corporate policies. \n\n\n  The electronics contract manufacturer in a regulatory filing on Thursday didn't specify what prompted the investigation or provide further details. Jabil said the conduct in question doesn't relate to or affect the company's financial statements. \n\n\n  Jabil named Chief Financial Officer Michael Dastoor as interim CEO until the investigation is complete. \n\n\n  Wilson is approaching his one-year anniversary in charge of Jabil. He joined the company in 2000 as a business unit coordinator and has held various leadership roles. Before being named CEO, he served as CEO of the company's Green Point division. \n\n\n  Wilson was nominated to the board of Xerox on April 11, which is to be voted on at the company's annual shareholder meeting scheduled for May 22. \n\n\n \n\n\n  Write to Ben Glickman at ben.glickman@wsj.com \n\n\n  (END) Dow Jones Newswires\n\n\n  April 18, 2024 17:41 ET (21:41 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2428523971"}