secwatch.observer — SEC 8-K summary
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Issuer:     SONOCO PRODUCTS CO (SON)
CIK:        0000091767
Form:       8-K
Filed at:   2025-06-17T23:59:59+00:00
Accession:  0001104659-25-060068
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sonoco appoints Paul Joachimczyk as CFO effective June 30, 2025
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- Joachimczyk, former CFO of American Woodmark (AMWD), joins Sonoco (SON) as CFO.
- Jerry Cheatham, interim CFO since Jan 6, 2025, will remain until Q2 10-Q filing, then senior finance role.
- Compensation: $750k base salary, 85% bonus target, $1M sign-on bonus (clawback within 24 months), $1M RSU grant vested over 3 years.
- Eligible for 2026 annual equity target of ~$2M in RSUs and performance units, plus severance and change-in-control plans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91767/000110465925060068/0001104659-25-060068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91767/000110465925060068/tm2518180d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-060068

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