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AI brief of an SEC Form 8-K · Sonoco (SON)

Sonoco CEO Coker to retire Dec. 31; Ernest Haynes named successor

Neutral Impact 4 of 5 leadership

Sonoco said CEO R. Howard Coker will retire as director, president and chief executive officer effective December 31, 2026. The board named Ernest D. Haynes III, the company's president of Global Consumer Packaging, to succeed him as CEO and as a director on that date.

Key points

  • Coker's retirement is effective December 31, 2026; the board accepted his notice dated November 6, 2026.
  • Haynes, who joined Sonoco in 1997, has an annual base salary of $1,100,004 and a bonus target of 120% of salary.
  • CFO Paul Joachimczyk received a $1,500,000 restricted stock unit retention award that cliff vests on the second anniversary of the grant date.
  • Sonoco leadership, including Coker, Haynes and Joachimczyk, will present at an R.W. Baird conference webcast on November 10, 2026, starting 7:20 a.m. Central Time.

The filing

CompanySonoco (SON)
Form8-K, current report
Filed with the SECNov 9, 2026, 8:38 AM ET
Accession number0000091767-26-000054

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:40 AM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.