Sundar PichaiSundar Pichai earned $164M in 2023
J

Mark T. Mondello

CEO of Jabil

Education

B.S. in Mechanical Engineering from the University of South Florida.

Field of Expertise

Technology & Engineering - Engineering

Born

October 18, 1964 - 60 years ago

Economy Sector

Technology

Current Tenure

12 years 0 months (Mar 2013 - Present)

Previous Experience

Joined Jabil in 1992 as a manufacturing supervisor, promoted to various roles including Vice President, Business Development and Senior Vice President, Business Development.

Mark T. Mondello is the CEO of Jabil Inc., a role he has held since March 1, 2013, after serving as the Chief Operating Officer since 2002. With a solid background in engineering, he earned a B.S. in Mechanical Engineering...

Year

2023

Total Compensation

$5.29M

Salary

$1.26M

Board Justification

The compensation philosophy emphasizes a significant portion of executive compensation being at-risk and tied to performance metrics, aligning with long-term shareholder value.

Bonus

$3.68M

Board Justification

Annual cash incentive based on performance metrics including corporate core operating income, corporate core operating income margin, and corporate free cash flow, resulting in a payout of 195.5% of target.

Other

$355.11K

Board Justification

Includes contributions to the 401(k) plan and other benefits such as executive physicals and tax preparation services.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the focus is on performance-based awards that vest over a longer period.

Performance Metrics

Corporate core operating income, corporate core operating income margin, and corporate free cash flow.