Explosive Jabil pays CEO $10.3M

ST. PETERSBURG -- Jabil Circuit CEO Timothy Main earned $10.3 million in total compensation in the company's 2011 fiscal year, as the firm set a new record with its revenues.

Jabil brought in more than $16.5 billion in its recently completed fiscal year, a filing with the Securities and Exchange Commission shows. The total represents a 23% over-the-year increase.

Operating income was up 77% to $578.7 million, and net income grew 126% to $381.1 million.