JBL News & Events

Notable gainers among liquid option names this morning include Corning (GLW) $137.31 +7.31, Comfort Systems USA (FIX) $1437.53 +64.01, Live Nation (LYV) $164.69 +7.23, Ciena (CIEN) $332.00 +13.59, and Jabil Circuit (JBL) $271.44 +9.00.

Jabil announced that Steve Raymund has been appointed Chairman of its Board of Directors. Additionally, Thomas T. Edman and Raejeanne Skillern have been appointed to its Board of Directors. "I am honored to accept this role and look forward to collaborating with the rest of the Board to continue advancing Jabil's strategic direction," said Raymund. "We are also pleased to welcome Tom and Raejeanne to our Board. Tom's leadership in electronics manufacturing paired with Raejeanne's experience in key growth industries like cloud and data centers will be terrific additions to Jabil." Mr. Raymund has served as a director of Jabil since January 1996 and was appointed Lead Director in November 2021. He began his career at Tech Data Corporation, now TD Synnex, in 1981 as operations manager. He became COO in 1984 and was promoted to CEO in 1986, serving until his retirement in 2006. Mr. Raymund served as the Chairman of the board of directors of Tech Data Corporation from 2001 to 2017.

Jabil announced a strategic minority investment and manufacturing collaboration with Eagle Harbor Technologies, doing business as EHT Semi. This collaboration combines Jabil's manufacturing capabilities with EHT Semi's power delivery technologies to address challenges in advanced semiconductor fabrication. EHT Semi specializes in matchless RF and tailored waveform pulsed DC power systems that deliver unprecedented plasma stability and precision, unlocking new capabilities for high aspect ratio etch, atomic layer etch, and atomic layer deposition.