8-K
filed April 19, 2024, 7:59 PM ET
ticker SON
CIK 0000091767
other material
confidence high
sentiment neutral
materiality 0.15
Sonoco shareholders elect all directors, approve incentive plan; reject political spending proposal
SONOCO PRODUCTS CO
- All 11 director nominees elected with votes in favor ranging from ~74M to ~77M.
- PricewaterhouseCoopers ratified as auditor: 84.6M for, 4.4M against.
- Say-on-pay approved: 74.6M for, 2.7M against, 0.6M abstain.
- 2024 Omnibus Incentive Plan approved: 73.6M for, 3.8M against.
- Shareholder proposal on political spending transparency rejected: 25.9M for, 49.8M against.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SONOCO PRODUCTS CO shareholders approved Ratification of Independent Registered Public Accounting Firm at the 2024-04-17 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-04-17
Exact text from the filing
Ratification of Independent Registered Public Accounting Firm . The ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2024 was approved. The shareholders voted 84,587,213 for and 4,448,839 against ratification, with 166,415 votes abstaining and no broker non-votes.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SONOCO PRODUCTS CO shareholders approved Approval of the Sonoco Products Company 2024 Omnibus Incentive Plan at the 2024-04-17 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2024-04-17
Exact text from the filing
Approval of the Sonoco Products Company 2024 Omnibus Incentive Plan . The 2024 Omnibus Incentive plan was approved. The shareholders voted 73,574,964 for and 3,783,909 against the resolution, with 555,199 votes abstaining and 11,288,395 broker non-votes.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SONOCO PRODUCTS CO shareholders rejected Advisory (Non-binding) Shareholder Proposal Regarding Transparency in Political Spending at the 2024-04-17 meeting.
- Proposal
- say on pay
- Outcome
- failed
- Meeting
- 2024-04-17
Exact text from the filing
Advisory (Non-binding) Shareholder Proposal Regarding Transparency in Political Spending . The advisory (non-binding) shareholder proposal regarding transparency in political spending was not approved. The shareholders voted 25,996,692 for and 49,809,214 against the resolution, with 2,108,166 votes abstaining and 11,288,395 broker non-votes.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SONOCO PRODUCTS CO shareholders approved Advisory (Non-binding) Resolution to Approve Executive Compensation at the 2024-04-17 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2024-04-17
Exact text from the filing
Advisory (Non-binding) Resolution to Approve Executive Compensation . The advisory (non-binding) resolution on executive compensation was approved. The shareholders voted 74,616,307 for and 2,696,799 against the resolution, with 600,966 votes abstaining and 11,288,395 broker non-votes.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SONOCO PRODUCTS CO shareholders approved Election of Directors at the 2024-04-17 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-04-17
Exact text from the filing
Election of Directors . The following directors were elected: VOTES Term For Against Abstain Broker Non-Votes Steven L. Boyd 1 year 77,392,164 337,479 184,429 11,288,395 R. Howard Coker 1 year 75,910,415 1,908,807 94,850 11,288,395 Dr. Pamela L. Davies 1 year 74,221,493 3,509,014 183,565 11,288,395 Theresa J. Drew 1 year 77,388,160 310,548 215,364 11,288,395 Philippe Guillemot 1 year 76,916,590 812,574 184,908 11,288,395 John R. Haley 1 year 75,405,489 2,309,908 198,675 11,288,395 Robert R. Hill, Jr. 1 year 76,350,955 1,377,206 185,911 11,288,395 Eleni Istavridis 1 year 77,479,363 252,078 182,631 11,288,395 Richard G. Kyle 1 year 76,750,681 975,617 187,774 11,288,395 Blythe J. McGarvie 1 year 77,029,462 665,626 218,984 11,288,395 Thomas E. Whiddon 1 year 74,063,426 3,660,060 190,586 11,288,395
View on SEC.gov
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