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Electronics Production | December 19, 2010

Jabil's CEO receives USD 9.8 million in 2010

Timothy Main, CEO of Florida-based EMS-provider Jabil, received USD 9.8 million in compensation in 2010. This marks a significant increase to 2009.
To be more precise; in 2009 the CEO received USD 4.5 million in total compensation. This means an effective doubling in 2010.

His compensations is tight to the financial performance of the EMS-provider, a SEC filing reveals. Jabil’s actual financial performance for 2010 was at the high end of the range expected when Main’s compensation criteria were established, the filing said.



The CEO’s salary of USD1 million was unchanged from the prior two years. Cash incentives was USD 2.9 million (2009: USD 524'103). Further to add are USD 5.9 million for stock awards (2009: USD 3 million).
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