Company Overview
About Jabil
Jabil Inc. is a St. Petersburg, Florida-based contract electronics manufacturing services (EMS) and supply chain solutions company — publicly traded on the New York Stock Exchange (NYSE: JBL) as an S&P 500 Information Technology component — providing design, manufacturing, testing, and supply chain management services for electronics and manufactured products across cloud and digital commerce infrastructure, healthcare, automotive, industrial, and consumer markets through approximately 100,000 employees in 100+ facilities across 30+ countries. Jabil is one of the three largest global EMS providers, competing directly with Foxconn (Hon Hai) and Flex Ltd for multinational OEM manufacturing outsourcing. In fiscal year 2024 (ending August 2024), Jabil reported revenue of approximately $28.9 billion after completing the divestiture of its Healthcare segment (sold to a consortium led by PE firm CD&R for approximately $950 million in 2024), which represented a strategic decision to concentrate on higher-growth EMS segments. Jabil's $500 million announced investment in Southeast United States manufacturing for AI data center infrastructure customers — targeting hyperscale data center compute, networking, and storage hardware — is expected to be operational by mid-2026. CEO Mike Dastoor assumed leadership in 2024 following Mark Mondello's retirement, prioritizing AI infrastructure manufacturing as the primary growth vector.
Business Model & Competitive Advantage
Jabil's contract manufacturing model enables global technology companies to outsource the capital-intensive manufacturing of their hardware products to a specialist that achieves lower unit costs through manufacturing scale, global supply chain leverage, and continuous process engineering: an Apple iPhone chassis manufactured by Jabil benefits from Jabil's proprietary precision metal forming processes (fine-tuned over 15 years of iPhone production), Jabil's negotiating leverage with global aluminum and specialty component suppliers, and Jabil's workforce management expertise in high-volume consumer electronics manufacturing — processes that Apple would need to replicate at significant capital and organizational cost to bring in-house. The cloud and digital commerce segment (hyperscale data center equipment — server chassis, storage enclosures, networking switching hardware) represents Jabil's fastest-growing vertical, driven by hyperscaler capacity expansion for AI compute infrastructure that requires customized rack-scale hardware manufactured to OEM specifications.
Competitive Landscape 2025–2026
In 2025, Jabil competes in global electronics manufacturing services and supply chain solutions against Foxconn/Hon Hai (TWO: 2317, $200B+ revenue, Apple primary manufacturer), Flex Ltd (NASDAQ: FLEX, $25.4B revenue), and Celestica (NYSE: CLS, $10.9B revenue) for OEM manufacturing contracts in cloud infrastructure, automotive electronics, and industrial manufacturing. The $500M US Southeast manufacturing investment for AI data center infrastructure addresses the hyperscaler demand for domestic manufacturing capacity — driven by supply chain resilience concerns and US government incentives for domestic semiconductor and electronics production. The Healthcare divestiture (2024) allows Jabil to redeploy capital toward the AI infrastructure manufacturing market where hardware revenue growth rates (30%+ for AI compute spend) exceed medical device manufacturing rates. The 2025 strategy focuses on hyperscaler AI infrastructure manufacturing capacity expansion, automotive and EV electronics growth, and supply chain resilience investments in North American and European manufacturing to serve customers seeking geographic diversification from Asia-Pacific production concentration.
The Jabil Story
Founders
Company Timeline
Major milestones in Jabil's journey
Leadership Team
Meet the leaders behind Jabil
Michael Dastoor
Michael Dastoor was appointed CEO in May 2024 following a 24-year career at Jabil. He previously served as Executive Vice President and Chief Financial Officer from April 2018, where he led the company's financial strategy and operations. Before becoming CFO, Dastoor held multiple senior leadership roles across Jabil's global markets, bringing deep operational expertise and strategic vision to the CEO position.
Gregory Hebard
Gregory Hebard was promoted to CFO in May 2024 after serving as Senior Vice President and Treasurer. Since joining Jabil in 2009, Hebard has held roles of increasing responsibility in finance, including Senior Vice President and CFO of Green Point from 2017 to 2021, and Vice President of Financial Planning & Analysis from 2013 to 2017.
Frederic McCoy
Frederic McCoy was elevated to Executive Vice President of Operations in May 2024, bringing extensive operational leadership experience to oversee Jabil's global manufacturing network across 100 locations in 30 countries.
Steve Borges
Steve Borges was appointed Executive Vice President of Global Business Units in May 2024, responsible for driving business development and customer relationships across Jabil's diverse industry verticals including healthcare, automotive, and data center infrastructure.
Matt Crowley
Matt Crowley was named Executive Vice President of Global Business Units in May 2024, working alongside Steve Borges to manage Jabil's strategic business development and market expansion initiatives.
May Yap
May Yap serves as Senior Vice President and Chief Information Officer, leading Jabil's technology infrastructure and digital transformation initiatives to support the company's global operations and advanced manufacturing capabilities.
Frank McKay
Frank McKay leads Jabil's global supply chain and procurement operations, managing relationships with 38,000 suppliers worldwide and overseeing $25 billion in annual purchasing spend to support customer manufacturing programs.
Open Positions
Reddit Discussions
Key Differentiators
Market Leader
Jabil is recognized as a market leader in the Consumer Technology sector, demonstrating strong industry presence and customer trust.
Enterprise Scale
With $28900M in revenue, Jabil operates at enterprise scale with proven market validation.
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