secwatch.observer — SEC 8-K summary
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Issuer:     SONOCO PRODUCTS CO (SON)
CIK:        0000091767
Form:       8-K
Filed at:   2022-06-16T23:59:59+00:00
Accession:  0001104659-22-071896
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sonoco director Micali retires; CFO Albrecht separation agreement details disclosed
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91767/000110465922071896/0001104659-22-071896-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91767/000110465922071896/tm2218672d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-071896

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