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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 SandersChief Exec. Officer, Pres and Director2.41M1.66M63
Mr. Barry L. SaundersChief Financial Officer and Sr. VP1.09M466.27k58
Mr. Robert C. TiedeChief Operating Officer and Exec. VP1.21M505.6k58
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 round composite cans; shaped rigid paperboard containers; fiber caulk/adhesive tubes; aluminum, steel, and peel able membrane easy-open closures for composite and metal cans; and printed flexible packaging, rotogravure cylinder engraving, and global brand management services. The Paper and Industrial Converted Products segment provides recycled paperboard, chipboard, tubeboard, lightweight corestock, boxboard, linerboard, corrugating medium, and specialty grades; and paperboard tubes and cores, molded plugs, and reels. This segment is also involved in the collection, processing, and recycling of old corrugated containers, paper, plastics, metal, glass, and other recyclable materials. The Display and Packaging segment offers point-of-purchase displays; custom packaging products; fulfillment services; primary package filling products; supply chain management; paperboard specialties; and retail packaging products, including printed backer cards, thermoformed blisters, and heat sealing equipment. 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 June 2, 2017 is 6. The pillar scores are Audit: 10; Board: 4; Shareholder Rights: 7; 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.