Sonoco Products Management

Management criteria checks 3/4

Sonoco Products' CEO is Robert Coker, appointed in Feb 2020, has a tenure of 4.25 years. total yearly compensation is $8.54M, comprised of 14% salary and 86% bonuses, including company stock and options. directly owns 0.39% of the company’s shares, worth €20.82M. The average tenure of the management team and the board of directors is 2.1 years and 6.8 years respectively.

Key information

Robert Coker

Chief executive officer

US$8.5m

Total compensation

CEO salary percentage	14.0%
CEO tenure	4.3yrs
CEO ownership	0.4%
Management average tenure	2.1yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Robert Coker's remuneration changed compared to Sonoco Products's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$392m
Dec 31 2023	US$9m	US$1m	US$475m
Oct 01 2023	n/a	n/a	US$491m
Jul 02 2023	n/a	n/a	US$482m
Apr 02 2023	n/a	n/a	US$499m
Dec 31 2022	US$10m	US$1m	US$466m
Oct 02 2022	n/a	n/a	US$434m
Jul 03 2022	n/a	n/a	US$423m
Apr 03 2022	n/a	n/a	-US$42m
Dec 31 2021	US$7m	US$906k	-US$85m
Oct 03 2021	n/a	n/a	-US$162m
Jul 04 2021	n/a	n/a	-US$190m
Apr 04 2021	n/a	n/a	US$199m
Dec 31 2020	US$7m	US$736k	US$207m
Sep 27 2020	n/a	n/a	US$264m
Jun 28 2020	n/a	n/a	US$273m
Mar 29 2020	n/a	n/a	US$299m
Dec 31 2019	US$3m	US$544k	US$292m
Sep 29 2019	n/a	n/a	US$325m
Jun 30 2019	n/a	n/a	US$305m
Mar 31 2019	n/a	n/a	US$313m
Dec 31 2018	US$2m	US$499k	US$314m
Sep 30 2018	n/a	n/a	US$242m
Jul 01 2018	n/a	n/a	US$242m
Apr 01 2018	n/a	n/a	US$196m
Dec 31 2017	US$2m	US$485k	US$175m

Compensation vs Market: Robert's total compensation ($USD8.54M) is above average for companies of similar size in the German market ($USD3.00M).

Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.

CEO

Robert Coker (60 yo)

4.3yrs

Tenure

US$8,538,593

Compensation

Mr. Robert Howard Coker has been Chief Executive Officer, President and Director of Sonoco Products Company since February 2, 2020. He was Senior Vice President of Global Paper and Industrial Converted Pro...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robert Coker	President	4.3yrs	US$8.54m	0.39% $ 20.8m
Robert Dillard	Chief Financial Officer	1.9yrs	US$2.37m	0.015% $ 797.6k
Rodger Fuller	Chief Operating Officer	2.1yrs	US$3.03m	0.14% $ 7.4m
John Florence	General Counsel	7.5yrs	US$1.74m	0.020% $ 1.1m
James Harrell	President of Global Industrial Paper Packaging	2.1yrs	US$1.58m	0.042% $ 2.3m
Aditya Gandhi	VP & Chief Accounting Officer	1.8yrs	no data	0.00083% $ 44.6k
Laura Abad	Senior Director of Technology & Marketing	no data	no data	no data
Lisa Weeks	VP of Investor Relations & Corporate Affairs	2.1yrs	no data	0.0015% $ 82.3k
Andrea White	Chief Human Resources Officer	1.3yrs	no data	no data
Jeffrey Tomaszewski	President of Diversified Businesses	4.5yrs	US$1.55m	0.014% $ 736.3k
Russell Grissett	President of Global Flexibles & Thermoforming	2.1yrs	no data	0.013% $ 708.8k
Sean Cairns	President of Global Rigid Paper & Closures organization	2.1yrs	no data	0.0096% $ 515.2k

2.1yrs

Average Tenure

53.5yo

Average Age

Experienced Management: SNS's management team is considered experienced (2.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Robert Coker	President	4.3yrs	US$8.54m	0.39% $ 20.8m
Thomas Whiddon	Independent Director	23.3yrs	US$277.50k	0.016% $ 853.5k
Robert Hill	Lead Independent Director	4.6yrs	US$298.50k	0.020% $ 1.1m
Pamela S. Davies	Independent Director	19.8yrs	US$268.50k	no data
Blythe McGarvie	Independent Director	10.3yrs	US$270.00k	no data
Philippe Guillemot	Independent Director	6.8yrs	US$249.50k	no data
Eleni Istavridis	Independent Director	3.6yrs	US$249.50k	no data
John Haley	Chairman of the Board	12.8yrs	US$396.50k	0.20% $ 10.7m
Richard Kyle	Independent Director	9.3yrs	US$272.50k	no data
Theresa Drew	Independent Director	5.6yrs	US$251.00k	no data
Steven Boyd	Independent Director	1.4yrs	US$251.00k	no data

6.8yrs

Average Tenure

65yo

Average Age

Experienced Board: SNS's board of directors are considered experienced (6.8 years average tenure).

Sonoco Products Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

Sonoco Products Company, Annual General Meeting, Apr 17, 2024

Insider recently sold €50k worth of stock

Lead Independent Director recently bought €522k worth of stock

Insider recently sold €103k worth of stock

Insider recently sold €62k worth of stock

Recent updates

Insufficient new directors

Sonoco Products Company to Report Q1, 2024 Results on Apr 30, 2024

Sonoco Increases Quarterly Common Stock Dividend, Payable on June 10, 2024

Sonoco Products Company, Annual General Meeting, Apr 17, 2024

Sonoco Declares Quarterly Common Stock Dividend, Payable on March 8, 2024

Sonoco Products Company Announces Uncoated Paperboard Mill Closure in Sumner, Washington

Black Diamond Capital Management, L.L.C. entered into a definitive agreement to acquire Sonoco Protective Solutions, Inc. from Sonoco Products Company (NYSE:SON) for $80 million.

Sonoco Products Company to Report Q4, 2023 Results on Feb 14, 2024

Upcoming dividend of US$0.51 per share at 3.8% yield

Third quarter 2023 earnings released: EPS: US$1.32 (vs US$1.25 in 3Q 2022)

Sonoco Products Company to Report Q3, 2023 Results on Oct 31, 2023

Sonoco Products Company Declares Quarterly Dividend, Payable on December 8, 2023

Sonoco Products Company (NYSE:SON) completed the acquisition of RTS Packaging, LLC and WestRock Company, Paper Mill in Chattanooga, Tennessee from WestRock Company (NYSE:WRK).

Upcoming dividend of US$0.51 per share at 3.4% yield

Second quarter 2023 earnings released: EPS: US$1.16 (vs US$1.34 in 2Q 2022)

Sonoco Declares Quarterly Stock Dividend, Payable on September 8, 2023

Sonoco Products Company to Report Q2, 2023 Results on Jul 31, 2023

Insider recently sold €50k worth of stock

First quarter 2023 earnings released: EPS: US$1.50 (vs US$1.18 in 1Q 2022)

Upcoming dividend of US$0.51 per share at 3.3% yield

Lead Independent Director recently bought €522k worth of stock

Insider recently sold €103k worth of stock

Insider recently sold €62k worth of stock

Upcoming dividend of US$0.49 per share at 3.2% yield

Sonoco Declares Regular Quarterly Common Stock Dividend, Payable on March 10, 2023

Full year 2022 earnings released: EPS: US$4.72 (vs US$0.86 loss in FY 2021)

Sonoco Products Company Provides Earnings Guidance for the First Quarter and Full Year of 2023

Northstar Recycling Company, Inc. acquired Sonoco Sustainability Solutions, LLC from Sonoco Products Company (NYSE : SON).

Sonoco Products Company to Report Q4, 2022 Results on Feb 08, 2023

Sonoco Announces Appointment of Steven L. Boyd as Member of Board, Audit Committee and the Employee and Public Responsibility Committee

Sonoco Products Company (NYSE:SON) has entered a definitive agreement to acquire RTS Packaging, LLC and WestRock Company, Paper Mill in Chattanooga, Tennessee from WestRock Company (NYSE:WRK) for $330 million.

Sonoco Products Company (NYSE:SON) has entered a definitive agreement to acquire RTS Packaging, LLC and WestRock Company, Paper Mill in Chattanooga, Tennessee from WestRock Company (NYSE:WRK) for $330 million.

Sonoco Products Company Announces Earnings Guidance for Fourth Quarter and Full Year 2022

Sonoco Declares Stock Dividend, Will Be Paid on December 9, 2022

Sonoco Products Company Announces Less Efficient #1 and # 9 Cylinder Machines Will Be Permanently Shut Down by the End of October 2022

Sonoco Products Company agreed to acquire S.P. Holding, Skjern A/S for $88 million.

Sonoco Announces Resignation of Sundaram Nagarajan as Board Member

Sonoco Products Company Promotes Aditya Gandhi to Chief Accounting Officer

Chief Operating Officer recently sold €601k worth of stock

Upcoming dividend of US$0.49 per share

Chief Operating Officer recently sold €116k worth of stock

Second quarter 2022 earnings released: EPS: US$1.33 (vs US$3.34 loss in 2Q 2021)

Sonoco Products Company Provides Earnings Guidance for the Third Quarter of 2022

Sonoco Declares Quarterly Common Stock Dividend, payable on September 9, 2022

Sonoco Products Company Revises Earnings Guidance for the Second Quarter of 2022

Sonoco Products Company Announces Board Changes

Sonoco Appoints Rob Dillard as Chief Financial Officer, Effective July 1, 2022

Sonoco Products Company Announces Resignation of Julie Albrecht as Chief Financial Officer

Sonoco Announces Favorable Results from A Recent Study by Trial with Sustana in Collaboration with Kellogg’s, Providing New Opportunities to Recycle Paper Containers

Sonoco Advances Sustainable Flexible Packaging Options with Expansion of Solutions for Store Drop-Off Recyclability

Upcoming dividend of US$0.49 per share

First quarter 2022 earnings released: EPS: US$1.17 (vs US$0.71 in 1Q 2021)

Sonoco Products Company Appoints Lisa Weeks as Head of Investor Relations

First quarter 2022 earnings released: EPS: US$1.17 (vs US$0.71 in 1Q 2021)

Sonoco Products Company Provides Earnings Guidance for the Second Quarter of 2022

Sonoco Products Company Increases Quarterly Common Stock Dividend, Payable on June 10, 2022

Sonoco Announces Senior Leadership Promotions

Sonoco Products Company (NYSE:SON) acquired remaining stakes in Sonoco do Brasil Participações Ltda. from private investors.

Sonoco Products Company Appoints Ernest Haynes as President of Sonoco Metal Packaging

Staff VP & Corporate Treasurer recently bought €109k worth of stock

Upcoming dividend of US$0.45 per share

Sonoco Announces Board Resignations

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Sonoco Products Company Provides Earnings Guidance for the First Quarter and Full-Year of 2022

Sonoco Declares Regular Quarterly Common Stock Dividend, Payable on March 10, 2022

Sonoco Products Company, Annual General Meeting, Apr 20, 2022

Sonoco Products Company, Annual General Meeting, Apr 20, 2022

Sonoco Products Company (NYSE:SON) completed the acquisition of Ball Metalpack, LLC from Ball Corporation (NYSE:BLL) and Platinum Equity, LLC.

Sonoco Products Company (NYSE:SON) entered into a definitive agreement to acquire Ball Metalpack, LLC from Ball Corporation (NYSE:BLL) and Platinum Equity, LLC for $1.4 billion.