Sonoco Shareholders Approve Board Slate and Executive Pay, Reject Political Spending Proposal


Sonoco Products Company held its 2025 Annual Meeting of Shareholders on April 16, during which all 12 director nominees were re-elected to serve one-year terms. Key board members, including CEO R. Howard Coker and directors such as Theresa Drew and Eleni Istavridis, secured shareholder approval with strong majorities.

Shareholders also ratified PricewaterhouseCoopers LLP as Sonoco’s independent registered public accounting firm for the 2025 fiscal year, with 84.3 million votes in favor and 4.4 million against.

Additionally, shareholders approved an advisory resolution on executive compensation, with 71 million votes in support and 4.1 million opposing.

However, a shareholder proposal calling for increased transparency in Sonoco’s political spending was not approved. The measure received just over 27 million votes in favor, while 46 million opposed it.

There were no broker non-votes on the auditor ratification proposal, while broker non-votes totaled over 13 million for the remaining three proposals.