Sonoco CFO Julie Albrecht to depart effective June 30, 2022; successor search underway

SONOCO PRODUCTS CO

CFO Julie Albrecht agreed to separation effective June 30, 2022; will stay through that date for transition.
Departure is not due to any disagreement with company or board on operations, policies, or accounting.
Company has begun a retained search for both internal and external candidates for successor.
Albrecht had served as CFO since March 2019; previously held treasurer role, led pension de-risking and $2B+ in acquisitions.
Severance payments subject to execution of separation agreement and release of claims.

item 5.02 item 7.01 item 9.01

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Departed

Julie C. Albrecht

Vice President and Chief Financial Officer

SON · SONOCO PRODUCTS CO

Effective: 2022-06-30
Filed: May 25, 2022, 7:59 PM ET

On May 23, 2022, Sonoco Products Company (the “Company”) and Julie C. Albrecht, the Company’s Vice President and Chief Financial Officer, agreed to a separation effective as of June 30, 2022.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Julie C. Albrecht departed as Vice President and Chief Financial Officer at SONOCO PRODUCTS CO.

Action: agreed to a separation
Role: Vice President and Chief Financial Officer

Exact text from the filing

On May 23, 2022, Sonoco Products Company (the “Company”) and Julie C. Albrecht, the Company’s Vice President and Chief Financial Officer, agreed to a separation effective as of June 30, 2022.

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Source: SEC EDGAR

accession 0001104659-22-064477

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