Hai Hwai "HH" Chiang is the CEO of Jabil, a leading manufacturing services company. He stepped into this role in 2011, after serving as Senior Vice President. During his time at Jabil, Hwai has prioritized performance-driven results, with bonuses often...

Current Market Cap

$14.47B

Number of Employees

236K

Total Compensation

2019 - 2023

Trending up by 4.24% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Down by -22.45% last year

Other

Up by 0.00% last year

Year

2023

Total Compensation

$3.91M

Salary

$1.00M

Board Justification

Jabil's compensation philosophy emphasizes a pay-for-performance model, aligning executive compensation with long-term stockholder value through significant at-risk components tied to financial performance and stock price.

Bonus

$2.91M

Board Justification

The target Annual Incentive for fiscal year 2023 was set at 150% of base salary, with actual payout based on performance metrics including corporate core operating income, core operating income margin, and corporate free cash flow, resulting in a payout of 195.5%.

Other

$0.00

Board Justification

No additional compensation was reported for fiscal year 2023.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants were vested in 2023 as the focus was on performance-based equity awards that vest over a three-year period.

Performance Metrics

The performance metrics for fiscal year 2023 included corporate core operating income, corporate core operating income margin, and corporate free cash flow.

SEC Filing

From December 12, 2023