Sonoco Products Management
Management criteria checks 4/4
Sonoco Products' CEO is Robert Coker, appointed in Feb 2020, has a tenure of 4.75 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 $18.71M. The average tenure of the management team and the board of directors is 2.6 years and 7.3 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 | 2.6yrs |
| Board average tenure | 7.3yrs |
Recent management updates
Recent updates
Does Sonoco Products (NYSE:SON) Have A Healthy Balance Sheet?
Oct 22
Sonoco: $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 10We Think Sonoco Products (NYSE:SON) Is Taking Some Risk With Its Debt
Sep 22Does Sonoco Products (NYSE:SON) Deserve A Spot On Your Watchlist?
Aug 20Sonoco Products: Packaging Powerhouse With Promising Prospects
Aug 02Are Investors Undervaluing Sonoco Products Company (NYSE:SON) By 28%?
Jul 08Is Sonoco Products (NYSE:SON) Using Too Much Debt?
May 08Is There An Opportunity With Sonoco Products Company's (NYSE:SON) 24% Undervaluation?
Mar 30Still Avoiding Sonoco Products
Feb 24Sonoco Products declares $0.49 dividend
Feb 09Sonoco Products (NYSE:SON) Takes On Some Risk With Its Use Of Debt
Feb 02Northstar 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 19Sonoco Products: Solid Performance
Oct 05Sonoco ThermoSafe & United Airlines' cargo arm sign global master lease agreement
Sep 26Sonoco ThermoSafe & American Airlines' cargo arm sign global master lease agreement
Sep 08Sonoco unit to hike tube, core prices in EMEA due to inflationary pressure
Aug 30Sonoco Products Company: Expect Strength To Continue
Jul 27CEO 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 ($USD7.97M).
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% $ 18.7m | |
| Chief Financial Officer | 2.4yrs | US$2.37m | 0.015% $ 716.8k | |
| Chief Operating Officer | 2.6yrs | US$3.03m | 0.14% $ 6.6m | |
| General Counsel | 8yrs | US$1.74m | 0.0072% $ 348.0k | |
| President of Global Industrial Paper Packaging | 2.6yrs | US$1.58m | 0.042% $ 2.0m | |
| VP & Chief Accounting Officer | 2.3yrs | no data | 0.00083% $ 40.1k | |
| Senior Director of Technology & Marketing | no data | no data | no data | |
| VP of Investor Relations & Corporate Affairs | 2.6yrs | no data | 0.0015% $ 74.0k | |
| Chief Human Resources Officer | 1.8yrs | no data | no data | |
| President of Global Flexibles & Thermoforming | 2.6yrs | no data | 0.013% $ 637.0k | |
| President of Global Rigid Paper & Closures organization | 2.6yrs | no data | 0.0096% $ 462.6k | |
| President of Metal Packaging | 2.6yrs | no data | 0.00049% $ 23.7k |
2.6yrs
Average Tenure
54yo
Average Age
Experienced Management: SON's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.8yrs | US$8.54m | 0.39% $ 18.7m | |
| Independent Director | 23.8yrs | US$277.50k | 0.016% $ 767.1k | |
| Lead Independent Director | 5.1yrs | US$298.50k | 0.020% $ 987.0k | |
| Independent Director | 20.3yrs | US$268.50k | no data | |
| Independent Director | 10.8yrs | US$270.00k | no data | |
| Independent Director | 7.3yrs | US$249.50k | no data | |
| Independent Director | 4.1yrs | US$249.50k | no data | |
| Chairman of the Board | 13.3yrs | US$396.50k | 0.20% $ 9.6m | |
| Independent Director | 9.8yrs | US$272.50k | no data | |
| Independent Director | 6.1yrs | US$251.00k | no data | |
| Independent Director | 1.9yrs | US$251.00k | no data |
7.3yrs
Average Tenure
66yo
Average Age
Experienced Board: SON's board of directors are considered experienced (7.3 years average tenure).