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Michael Dastoor

Chief Executive Officer at JABIL
Since May 18, 2024
Age
59 years
Education
Holds a degree in Finance and Accounting from the University of Bombay and is a Chartered Accountant from the Institute of Chartered Accountants in England and Wales.
Tenure
Joined JBL in 2000; served as Senior Vice President, Controller starting in July 2010; was Chief Financial Officer from April 2018 to April 2024; and was promoted to Chief Executive Officer in May 2024, later joining the Board of Directors in September 2024.

Also at JABIL

MTM
Mark T. Mondello
Executive Chairman
GBH
Gregory B. Hebard
Chief Financial Officer

About

Career and Leadership

Michael Dastoor has built a diverse and successful career at JBL starting in 2000 as he progressed through various leadership roles. Initially joining the company over two decades ago, he took on increasingly significant responsibilities which led to his appointment as Senior Vice President, Controller in July 2010, and later served as Chief Financial Officer from April 2018 to April 2024. His journey culminated with his promotion to Chief Executive Officer on May 18, 2024, marking a strategic milestone for the organization.

Achievements and Strategic Impact

Throughout his tenure, he has been recognized for his transformative contributions, including enhancing operational financial metrics and executing substantial stock buyback strategies aimed at returning capital to shareholders. His leadership not only improved margins and free cash flow but also set a robust foundation for JBL's sustained growth and financial stability.

Educational and Professional Background

Holds a degree in Finance and Accounting from the University of Bombay and is a Chartered Accountant from the Institute of Chartered Accountants in England and Wales, which underscores his strong technical and professional foundation. His extensive expertise has further been acknowledged by his appointment to the Board of Directors, reinforcing his influential role in steering the company forward.

$JBL Performance Under Michael Dastoor

Past Roles

OrganizationRoleDate RangeDetails
Jabil Inc. Chief Financial Officer April 2018 - April 2024 Role held prior to promotion to CEO in May 2024
Jabil Inc. Senior Vice President, Controller July 2010 - April 2018 Position preceding the CFO role
Jabil Inc. Various Leadership Roles 2000 - July 2010 Held multiple global roles since joining in 2000

External Roles

OrganizationRoleDate RangeDetails
Columbus McKinnon Board Member N/A Public company board position

Fixed Compensation

Data from  FY 2024
Component NameAmountPayment ScheduleAdditional Details
Salary$877,692 N/A [N/A]Annual base salary
All Other Compensation$82,681 N/A [N/A]Includes various components without detailed breakdown

Performance Compensation

Data from  FY 2024

No information available on performance compensation for 2024