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Sonoco names Ernest Haynes as new CEO, succeeding Howard Coker retiring after 41 years.

Company Fundamentals
09 Nov 2026, 15:00 WIB
GlobeNewsWire
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Neutral
Sonoco names Ernest Haynes as new CEO, succeeding Howard Coker retiring after 41 years.

Sonoco Products Company announced that CEO Howard Coker will retire on December 31, 2026, after a 41-year career. Ernest D. Haynes III, currently President of Global Consumer Packaging, will succeed him as CEO and director starting January 1, 2027. The leadership change follows a careful succession plan, with Haynes bringing nearly 30 years of experience at Sonoco and a strong track record in operational leadership. This transition aims to continue Sonoco's growth and value creation in the packaging industry.

Sonoco's CEO succession plan is the subject, with Pluang's Industrials sector data providing market context. Among 135 priced Industrials stocks on Pluang, 114 rose and 3 fell today. Axon Enterprise Inc (AXON) leads with a price of USD 322.64 and a 3.08% gain, contrasting with Southwest Airlines Co (LUV) at USD 45.80 and a 3.04% increase, while Eos Energy Enterprises Inc (EOSE) trades much lower at USD 1.79 but still gained 2.87%. Typical hold times vary notably, from 19 days for EOSE to 67 days for LUV, as of Nov 09, 2026 19:32 WIB.

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