Jabil Circuit Inc. (Jabil) Board of Directors has named William E. Peters to the position of President and William D. Muir, Jr. to Chief Operating Officer, effective March 1, 2013. Both current officers of Jabil have been with the company for more than 20 years. Bill Peters, Executive Vice President, since 2010, joined Jabil in 1990 as a buyer and shortly thereafter was named Purchasing Manager.

Rising rapidly through a variety of operational posts, Peters was promoted to an officer of the company in 1999 as Vice President, Operations. Beginning in 2004 Peters rounded out his operational experience while serving three years as Regional President for the Americas. In September 2007, Peters was named Senior Vice President, Human Development.

Bill Muir, Executive Vice President, since April 2010, joined Jabil in 1992 as a Quality Engineer. The company also announced that Scott D. Slipy, has joined Jabil as Executive Vice President, Human Resources & Human Development. Most recently Vice President of Compensation, Benefits & M&A with Cisco Systems, Slipy has 20 years of global human resources, business and leadership experience with global brands like Cisco, Microsoft and Honeywell.

As previously announced, current Chief Operating Officer Mark T. Mondello, will assume the Chief Executive Officer role, effective March 1, 2013. Mondello was recently elected to the board of directors at the company's annual meeting of shareholders on January 24, 2013. Mondello, succeeds Timothy L. Main, Jabil's current President and CEO.

Main was elected Chairman of the Board at the company's same January meeting of shareholders.