Management ChangeAug 5, 2026, 06:03 AM
Sonoco Aligns Global Consumer Businesses; Ernest Haynes Named President
AI Summary
Sonoco Products Company announced a significant update to the organizational structure of its Global Consumer Packaging businesses, consolidating them under a single integrated leadership. Ernest Haynes has been appointed President of Global Consumer Packaging, overseeing the company's largest global business with $5.2 billion in annual sales. This restructuring is intended to enhance operational efficiency, collaboration, and innovation. Additionally, Sean Cairns, President of Sonoco EMEA/APAC, is departing the company.
Key Highlights
- Sonoco is aligning its Global Consumer Packaging businesses under a single integrated leadership structure.
- Ernest Haynes has been named President of Global Consumer Packaging, reporting directly to CEO Howard Coker.
- Haynes will lead Sonoco's largest global business, with approximately $5.2 billion in annual sales.
- The new structure aims to simplify operations, improve efficiency, foster collaboration, and drive growth.
- Sean Cairns, President, Sonoco EMEA/APAC, is leaving the Company after 17 years.
Price Impact
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