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Sonoco Products Company (SON)

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Sonoco Products Company

1 North Second Street
Hartsville, SC 29550
United States
843-383-7000
http://www.sonoco.com

SectorConsumer Goods
IndustryPackaging & Containers
Full Time Employees20,000

Key Executives

NameTitlePayExercisedAge
Mr. Harris E. DeLoach Jr.Exec. ChairmanN/AN/A72
Mr. M. Jack SandersPres, CEO & Director2.41M1.66M63
Mr. Barry L. SaundersSr. VP & CFO1.09M466.27k57
Mr. Robert C. TiedeExec. VP & COO1.21M505.6k58
Mr. Rodger D. FullerSr. VP of Paper/Engineered Carriers U.S./Canada and Display & Packaging847.11k570.38k55
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Sonoco Products Company manufactures and sells industrial and consumer packaging products in North and South America, Europe, Australia, and Asia. The company operates through four segments: Consumer Packaging, Paper and Industrial Converted Products, Display and Packaging, and Protective Solutions. The Consumer Packaging segment offers composite and thermoformed plastic round and shaped rigid containers and trays; extruded and injection-molded plastic products; printed flexible packaging products; brand artwork management; and metal and peelable membrane ends and closures. The Paper and Industrial Converted Products segment provides paperboard tubes and cores; fiber-based construction tubes and forms; wooden, metal, and composite wire and cable reels and spools; and recycled paperboard, linerboard, corrugating medium, recovered paper, and material recycling services. The Display and Packaging segment offers point-of-purchase displays; supply chain management services; retail packaging, including printed backer cards, thermoformed blisters, and heat sealing equipment; and paperboard specialties, such as coasters and glass covers. The Protective Solutions segment provides custom-engineered, paperboard-based, and expanded foam protective packaging and components; and temperature-assured packaging products. The company sells its products in various markets, which include paper, textile, film, food, chemical, packaging, construction, and wire and cable. Sonoco Products Company was founded in 1899 and is headquartered in Hartsville, South Carolina.

Corporate Governance

Sonoco Products Company’s ISS Governance QualityScore as of September 1, 2017 is 4. The pillar scores are Audit: 10; Board: 4; Shareholder Rights: 5; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.