On June 17, 2025, Sonoco Products Company announced the appointment of Paul Joachimczyk as Chief Financial Officer, effective June 30, 2025, with an annual salary of $750,000 and a one-time sign-on bonus of $1,000,000. The current interim CFO, Jerry A. Cheatham, will remain in his role until the quarterly report filing for the period ending June 29, 2025.