Ex-Jabil CEO to receive $7 million payout
May 23, 2024 - Recently terminated Jabil CEO Kenny Wilson will receive a $2 million severance after the St. Petersburg-based global manufacturers board dismissed him Monday following a month-long investigation into policy violations. According to a U.S. Securities and Exchange filing, the company will also provide Wilson with an estimated $5 million in unvested stocks and additional owed incentives. The separation agreement prevents Wilson from suing Jabil and includes non-competition, interference, solicitation and confidentiality requirements.