Sonoco Products Management
Management criteria checks 4/4
Sonoco Products' CEO is Robert Coker, appointed in Feb 2020, has a tenure of 4.83 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 $18.59M. The average tenure of the management team and the board of directors is 2.7 years and 7.4 years respectively.
Key information
Robert Coker
Chief executive officer
US$8.5m
Total compensation
| CEO salary percentage | 14.0% |
| CEO tenure | 4.8yrs |
| CEO ownership | 0.4% |
| Management average tenure | 2.7yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
Sonoco Products: Promising Amidst Many Moving Parts
Dec 23Sonoco Products Company's (NYSE:SON) Subdued P/E Might Signal An Opportunity
Dec 14
Sonoco Products: M&A Activity Should Support Shares In 2025 (Rating Upgrade)
Dec 04Does Sonoco Products (NYSE:SON) Have A Healthy Balance Sheet?
Oct 22Sonoco: $1.8B Senior Unsecured Notes, Headwinds, And Divestitures Make This Stock Too Unpredictable
Sep 25Sentiment Still Eluding Sonoco Products Company (NYSE:SON)
Sep 09Sonoco Products: A Big Deal Creates Some Uncertainty
Jul 09Sonoco Products: Disappointing Prices Weigh On Free Cash Flow (Rating Downgrade)
Jun 01Sonoco Products Company's (NYSE:SON) Price Is Out Of Tune With Earnings
May 27Sonoco Products: Mixed Outlook Due To Destocking And Inflation
Mar 06Sonoco Products (NYSE:SON) Has A Somewhat Strained Balance Sheet
Jan 23Is Sonoco Products Company (NYSE:SON) Trading At A 40% Discount?
Jan 03Sonoco Products Should Benefit From Lower Inventories In 2024
Dec 20Sonoco Seems Cheap Considering The Risk Level
Oct 10Sonoco Products: Packaging Powerhouse With Promising Prospects
Aug 02Still Avoiding Sonoco Products
Feb 24Sonoco Products declares $0.49 dividend
Feb 09Northstar Recycling acquires Sonoco Sustainability Solutions
Jan 31Sonoco Products: Improving Free Cash Flow, Solid Dividend Growth Value Stock
Dec 16Sonoco Products Q3 2022 Earnings Preview
Oct 30Sonoco Products declares $0.49 dividend
Oct 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 29 2024 | n/a | n/a | US$288m |
| Jun 30 2024 | n/a | n/a | US$368m |
| 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 about average for companies of similar size in the US market ($USD7.98M).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
CEO
Robert Coker (61 yo)
4.8yrs
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 |
|---|---|---|---|---|
| President | 4.8yrs | US$8.54m | 0.39% $ 18.6m | |
| Chief Financial Officer | 2.5yrs | US$2.37m | 0.015% $ 712.4k | |
| Chief Operating Officer | 2.7yrs | US$3.03m | 0.14% $ 6.6m | |
| General Counsel | 8.1yrs | US$1.74m | 0.0072% $ 345.9k | |
| President of Global Industrial Paper Packaging | 2.7yrs | US$1.58m | 0.042% $ 2.0m | |
| VP & Chief Accounting Officer | 2.3yrs | no data | 0.00083% $ 39.9k | |
| Senior Director of Technology & Marketing | no data | no data | no data | |
| VP of Investor Relations & Corporate Affairs | 2.7yrs | no data | 0.0015% $ 73.5k | |
| Chief Human Resources Officer | 1.9yrs | no data | no data | |
| President of Global Flexibles & Thermoforming | 2.7yrs | no data | 0.013% $ 633.2k | |
| President of Global Rigid Paper & Closures organization | 2.7yrs | no data | 0.0096% $ 459.7k | |
| President of Metal Packaging | 2.7yrs | no data | 0.00049% $ 23.5k |
2.7yrs
Average Tenure
54yo
Average Age
Experienced Management: SON's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.8yrs | US$8.54m | 0.39% $ 18.6m | |
| Independent Director | 23.9yrs | US$277.50k | 0.016% $ 762.4k | |
| Lead Independent Director | 5.2yrs | US$298.50k | 0.020% $ 981.0k | |
| Independent Director | 20.4yrs | US$268.50k | no data | |
| Independent Director | 10.8yrs | US$270.00k | no data | |
| Independent Director | 7.4yrs | US$249.50k | no data | |
| Independent Director | 4.2yrs | US$249.50k | no data | |
| Chairman of the Board | 13.4yrs | US$396.50k | 0.20% $ 9.6m | |
| Independent Director | 9.8yrs | US$272.50k | no data | |
| Independent Director | 6.2yrs | US$251.00k | no data | |
| Independent Director | 2yrs | US$251.00k | no data |
7.4yrs
Average Tenure
66yo
Average Age
Experienced Board: SON's board of directors are considered experienced (7.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 23:16 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/29 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sonoco Products Company is covered by 24 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Coleman | Argus Research Company |
| Ghansham Panjabi | Baird |
| Ishan Majumdar | Baptista Research |