leadership
confidence high
sentiment neutral
materiality 0.65
Sonoco appoints Paul Joachimczyk as CFO effective June 30, 2025
SONOCO PRODUCTS CO
- Paul Joachimczyk named CFO effective June 30, 2025; interim CFO Jerry Cheatham remains until Q2 filing.
- Joachimczyk previously SVP, CFO and Corporate Secretary at American Woodmark (AMWD) since July 2020.
- Compensation: $750k base salary, 85% bonus target, $1M cash sign-on bonus (clawback within 24 months), $1M RSU grant vesting over 3 years.
- Cheatham will serve as principal financial officer until Q2 10-Q filing, then assume senior finance leadership role.
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