Sonoco director Micali retires; CFO Albrecht separation agreement details disclosed

SONOCO PRODUCTS CO

Director James M. Micali resigned effective June 20, 2022 after 19 years; Robert R. Hill elected Lead Independent Director.
CFO Julie Albrecht separation agreement provides 12-month base salary, target bonus for FY2022, and health coverage.
Accelerated vesting of RSUs and DC SERP account; 2020 PCSU award remains outstanding through Dec 2022.
Separation effective June 30, 2022; subject to release of claims and restrictive covenants.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

James M. Micali

Director

SON · SONOCO PRODUCTS CO

Effective: 2022-06-20
Filed: June 16, 2022, 7:59 PM ET

On June 11, 2022, James M. Micali extended his resignation from the Board of Directors (the “Board of Directors”) of Sonoco Products Company (the “Company”), effective June 20, 2022.

Departed

Julie C. Albrecht

Chief Financial Officer

SON · SONOCO PRODUCTS CO

Effective: 2022-06-30
Filed: June 16, 2022, 7:59 PM ET

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

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

James M. Micali resigned as Director at SONOCO PRODUCTS CO.

Action: resigned
Role: Director

Exact text from the filing

On June 11, 2022, James M. Micali extended his resignation from the Board of Directors (the “Board of Directors”) of Sonoco Products Company (the “Company”), effective June 20, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

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

Action: separated
Role: Chief Financial Officer

Exact text from the filing

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

View on SEC.gov

SONOCO PRODUCTS CO filing history →

Source: SEC EDGAR

accession 0001104659-22-071896

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.