In 2013, Mark Mondello replaced Timothy L. Main from the position of Chief Executive Officer at a leading American Electronics Manufacturing Services company, Jabil Inc. He was promoted from the position of Chief Operating Officer. Jabil CEO Mark’s journey at the manufacturing services firm started in 1992 as Manufacturing Supervisor. From there, he rose up the rungs in the company. His first job was at Moog, Inc. where he looked after commercial and defense-based aerospace business in a senior role. His educational background is in Mechanical Engineering. For age, career, net worth, email address, and other details scroll down this wiki.
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Jabil Competitors
In electronics manufacturing services (EMS) and original design manufacturer (ODM) space, the publicly listed firm vies with other giants like:
- Flex Ltd.
- Sanmina Corporation
- Celestica Inc.
- Foxconn
Salary & Net Worth – Investors, Funding, & Valuation
As of 2021, the Jabil CEO’s net worth was estimated to be between 25-30 million USD. In 2020, Mark Modello drew a total compensation of around 12.7 million USD.
The Fortune 500 firm is valued at 4.7 billion USD in terms of market cap. Institutional ownership in the company is around 91.14% with prominent investors, such as State Street Corp, Texas Yale Capital Corp, and Dimensional Fund Advisors LP having bigger stakes.
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Career & Education – Company, University, & College
Before he became CEO at the company, Mark served Jabil as Chief Operating Officer since 2002. From the time he joined the company as manufacturing supervisor in 1992, he kept on climbing the corporate ladder bagging promotions and senior positions, such as Project Manager, Vice President, Senior Vice President, and more. Prior to coming to Jabil, Mondello worked at Moog, Inc. handling different projects.
Mark went to the University of South Florida to earn a bachelor’s degree in Mechanical Engineering.
Contact Mark Mondello – Email Address | Twitter | LinkedIn
To contact him over email try [email protected]. More details to be added soon.
Wiki Trivia on Mark Mondello – Age, Wife, Family, & More
Jabil CEO Mark, age 56, is a native of Chicago. His wife Keli and he do a lot of community service and philanthropic work. He is a trustee of St. Petersburg-based All Children’s Hospital. He is impressed by the way his wife tackles all the life challenges head-on. Their middle child is born with disabilities.
Mondello never thought of getting into engineering field, he just enjoyed playing with ideas. Growing up in a family with nominal financial resources in southern Chicago, he would observe his father, who was a meat packer, repairing everything broken and silently learn from his own observation to fix them. Due to this habit, soon he found himself to be able to repair almost everything – from cars and air conditioners to motors.
As an aside, he was an athlete in college who was busy playing sports and engineering was never on his mind. However, when he reached sophomore year, he realized his fondness for mechanical program. He thought to join master’s degree, but then he applied for a job with Moog in East Aurora, N.Y. because he felt doing graduation in the field was enough.