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Sonoco Products Announces Leadership Changes and Strategic Alignments
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Sonoco Products Announces Leadership Changes and Strategic Alignments

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Sonoco Products ( (SON) ) just unveiled an update.

Sonoco Products Company announced leadership changes with Jerry Cheatham appointed as interim Chief Financial Officer after the departure of Rob Dillard. Cheatham, a 36-year veteran at Sonoco, will maintain his role as Vice President of Global Finance for the Industrial Paper Packaging segment while the company searches for a permanent CFO. The company also highlighted other senior leadership roles and strategic alignments to simplify operations and enhance its market positioning.

More about Sonoco Products

Sonoco Products Company is a global leader in high-value sustainable packaging, serving both consumer and industrial markets. With a focus on innovation and collaboration, Sonoco operates over 300 facilities worldwide and recorded net sales of approximately $6.8 billion in 2023.

YTD Price Performance: -0.12%

Average Trading Volume: 663,613

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $4.71B

For a thorough assessment of SON stock, go to TipRanks’ Stock Analysis page.

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