SON 8-K: Ceo change

Filed with the SEC on Nov 9, 2026 · accession 0000091767-26-000054

SON filed a 8-K (current report) with the SEC on Nov 9, 2026. Sonoco Products CEO R. Howard Coker will retire effective December 31, 2026, and the Board appointed Ernest D. The stock moved -0.4% by the first close after the filing.

Summary of the filing

Sonoco Products CEO R. Howard Coker will retire effective December 31, 2026, and the Board appointed Ernest D. Haynes III, currently President of Global Consumer Packaging, as the new President and CEO and director. The company also granted CFO Paul Joachimczyk a $1.5 million retention award in restricted stock units.

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Key details

Annual base salary for incoming CEO Ernest D. Haynes III$1.1M

Annual bonus target for incoming CEO (120% of base salary)$1.3M

Anticipated annual equity award target for incoming CEO$6.0M

Retention award for CFO Paul Joachimczyk$1.5M

RegistrantSonoco Products Company

Director, president and chief executive officerR. Howard Coker

President and chief executive officer (incoming), directorErnest D. Haynes III

Chief financial officerPaul Joachimczyk

How SON stock reacted

Close before

$50.43

Nov 6, 2026

First close after

-0.38%

$50.24

5 trading days

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Since filing

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Frequently asked questions

What did SON file with the SEC on Nov 9, 2026?

SON filed a 8-K (Ceo change). Sonoco Products CEO R. Howard Coker will retire effective December 31, 2026, and the Board appointed Ernest D. Haynes III, currently President of Global Consumer Packaging, as the new President and CEO and director. The company also granted CFO Paul Joachimczyk a $1.5 million retention award in restricted stock units.

What does a ceo change mean for SON stock?

Not always. A planned retirement with a successor is usually calm; a sudden departure “effective immediately”, especially of a CFO or near results, often worries investors.

How do I read a 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

How did SON stock react to this filing?

SON closed at $50.43 before the filing and $50.24 on Nov 9, 2026 (-0.38%).

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