secwatch.observer — SEC 8-K summary
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Issuer:     SONOCO PRODUCTS CO (SON)
CIK:        0000091767
Form:       8-K
Filed at:   2022-06-15T23:59:59+00:00
Accession:  0001104659-22-071249
Event type: leadership
Sentiment:  positive
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sonoco promotes Rob Dillard to CFO effective July 1, succeeding Albrecht
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- Rob Dillard named CFO effective July 1; previously Chief Strategy Officer since 2018.
- He succeeds Julie Albrecht, who departs June 30.
- Base salary increased 20% to $595,872; target bonus raised from 70% to 85% of base.
- Granted RSUs valued at $500,000 vesting in full on fifth anniversary.
- Dillard led Sonoco's largest acquisition, the $1.35B Ball Metalpack deal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91767/000110465922071249/0001104659-22-071249-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91767/000110465922071249/tm2218475d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-071249

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer