SONOCO PRODUCTS CO (SON) Form 8-K — Nov 9, 2026
Sonoco Products (NYSE: SON) announced that R. Howard Coker will retire as Director, President and CEO effective December 31, 2026, capping a 41-year career with the company, including six years as CEO since 2020. The Board appointed Ernest D. Haynes III, currently President of Global Consumer Packaging and a nearly 30-year Sonoco veteran, to succeed Coker as President, CEO and director, describing the move as the product of planned succession rather than a sudden exit.
Key figures
- Countries
- 37
- Employees
- 22000
- Operations
- 260
- Haynes base salary
- 1100004
- Haynes bonus target pct
- 120%
- Sales 2025 continuing ops
- $7.5 billion
- Haynes equity target value
- $6,000,000
- Joachimczyk retention award
- $1,500,000 RSU, 2-year cliff vest
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