S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

Sonoco Consolidates Consumer Packaging Under Single Leadership

With annual sales totaling roughly $5.2 billion, Sonoco Products is streamlining its global consumer-packaging operations into a unified structure. The reorganization aims to sharpen the company's focus on its core metal and paper container businesses by centralizing management under a single executive authority.

Sonoco Consolidates Consumer Packaging Under Single Leadership

Ernest Haynes, currently serving as president of Global Consumer Packaging, will oversee the consolidated unit. The move marks a departure from the company's previous regional management approach, designed to foster deeper collaboration across its international teams. Haynes noted that the simplified model is intended to accelerate innovation and improve operational efficiency across the firm’s diverse packaging portfolio.

Alongside the announcement, the company confirmed the departure of Sean Cairns, who led operations across Europe, the Middle East, Africa, and the Asia-Pacific region. Cairns exits the firm following a 17-year tenure. Meanwhile, James Harrell remains in his position as president of the industrial paper packaging segment, which continues to operate outside this specific consolidation effort.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!