Jabil Adds Independent Board Member
St. Petersburg, FL -March 29, 2011- The Jabil Circuit, Inc. Board of Directors has announced the addition of Martha Finn Brooks to serve as a member of the Board, effective on March 24, 2011.
"We are pleased to add Martha Brooks to the Jabil Board of Directors," said William Morean, Jabil's Chairman of the Board. "Ms. Brooks' extensive international and operational experience as well as her familiarity on boards of other publicly-traded companies brings great expertise to the Jabil Board."
"I look forward to joining the entrepreneurial team at Jabil as the company continues to drive shareholder value in the dynamic world of electronics design and manufacture," said Ms. Brooks.
Brooks is currently a Director of Bombardier Inc. and Harley-Davidson, Inc. She was also a Director of International Paper from 2003 to 2009. From 2007 to 2009, Brooks served as President and Chief Operating Officer of Novelis Inc., a global leader in aluminum rolling and recycling. She served as Chief Operating Officer of Novelis from 2005 to 2007, after Alcan, Inc. completed a spinoff of Novelis. From 2002 to 2004, Brooks served as CEO, Americas and Asia Rolled Products Business and Senior Vice President of Alcan Inc. In addition, she was Vice President of Cummins Inc. from 1996 to 2002. Brooks holds a B.A. in Economics and Political Science and an M.B.A. in International Business from Yale University.
"We have structured Jabil's Board with progressive corporate governance practices, including having a majority of the directors independent from Jabil," commented Morean. The addition of Brooks to the Jabil Board means eight of the nine board members are independent under applicable NYSE standards.
About Jabil
Jabil is an electronic product solutions company providing comprehensive electronics design, manufacturing and product management services to global electronics and technology companies. Jabil helps bring electronics products to the market faster and more cost effectively by providing complete product supply chain management around the world. With more than 85,000 employees and facilities in 22 countries, Jabil provides comprehensive, individualized-focused solutions to customers in a broad range of industries. Jabil common stock is traded on the New York Stock Exchange under the symbol, "JBL". Further information is available on the company's website:http://www.jabil.com.
Investor & Media Contact:
Beth Walters
Senior Vice President, Investor Relations
Jabil Circuit, Inc.
(727) 803-3511
News Source : Jabil Adds Independent Board Member
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