LIFETIME ACHIEVEMENT, AWARD RECIPIENT
Timothy L. Main left a comfortable, secure job as a lending of?cer with an established bank to join the ranks of a small, untested electronic manufacturing services company in 1987 — much to the concern of his family. However 25 years later, he’s climbed his way to the top as CEO of what is now the third-largest manufacturing services company in the world.
St. Petersburg, Fla.-based Jabil operates across 60 sites in 27 countries, spanning four continents, and employs more than 100,000 people. The company provides customized design, manufacturing, distribution and aftermarket services, serving major companies such as Cisco Systems, Hewlett Packard and IBM. In the past decade under Main’s leadership, Jabil has seen an 18 percent compounded annual growth rate. And, since going public in 1993, Jabil is one of just ?ve Fortune 500 companies to grow revenue, EBITDA and earnings above 25 percent.
This growth, despite the economic downturn, is a result of Main’s strategy to diversify and target highgrowth markets to pursue, such as health care and life sciences, defense and aerospace, and industrial and clean technology. He led the drive to expand the company’s service offerings beyond the traditional, and with the acquisition of Green Point Technologies, Jabil now leads the way in materials technology.
Dedicated to improving conditions in the electronics supply chain beyond Jabil, Main insisted the company be a founding member of the Electronics Industry Citizenship Coalition. He led Jabil in developing its ?rst “Commitment to Social and Environmental Responsibility” statement, based on respect for employees, the environment and the communities, and continues to expand the company’s environmental efforts. Main is also a generous supporter of children’s causes.
HOW TO REACH: Jabil, www.jabil.com