Sonoco Announces Leadership Updates to Boost Stability and Growth
Sonoco, a global leader in sustainable packaging, has made major changes to its senior leadership team as of January 3, 2025. These updates aim to strengthen the company’s financial management and streamline operations.
Jerry Cheatham Named Interim CFO
Jerry Cheatham, a 36-year veteran at Sonoco, is now the interim Chief Financial Officer. He replaces Rob Dillard, who has left the company. Cheatham has vast experience, having led the finance operations for the company’s Industrial Paper Packaging segment since 2022. A permanent CFO search is underway.
Howard Coker, Sonoco’s CEO, praised Cheatham:
“Jerry is a trusted leader who will provide stability during this transition. We thank Rob Dillard for his contributions, including key acquisitions and strategic moves that positioned us as a leader in sustainable packaging.”
Shawn Munday to Oversee Finance Strategy
Shawn Munday, Vice President of Strategic Finance, continues to lead global treasury, tax, and mergers and acquisitions. With experience in finance, education, and the U.S. Navy, Munday has been a key part of Sonoco since 2022.
John Florence Expands Operational Role
John Florence, General Counsel since 2015, now oversees Sonoco’s North America Paper division alongside his legal duties. This division brings in over $1.4 billion annually. Combining the paperboard mill network with converting operations aims to improve efficiency and customer service.
Investor Relations Leadership Update
Roger Schrum, a former VP at Sonoco, has returned as interim Head of Investor Relations, following Lisa Weeks’ planned departure at the end of January.
These leadership changes underline Sonoco’s focus on stability, growth, and simplifying operations as it continues to lead in sustainable packaging.