Sonoco Products CEO R Coker's 2020 pay jumps 122% to $6.8M
Sonoco Products reports 2020 executive compensation
By ExecPay News
Published: March 18, 2022
Sonoco Products reported fiscal year 2020 executive compensation information on March 18, 2022.
In 2020, eight executives at Sonoco Products received on average a compensation package of $3.1M, a 1% increase compared to previous year.
Average pay of disclosed executives at Sonoco Products
R. Howard Coker, Chief Executive Officer, received $6.8M in total, which increased by 122% compared to 2019. 59% of Coker's compensation, or $4M, was in stock awards. Coker also received $1M of change in pension value and nonqualified deferred compensation earnings, $795K in non-equity incentive plan, $736K in salary, as well as $246K in other compensation.
For fiscal year 2020, the median employee pay was $56,447 at Sonoco Products. Therefore, the ratio of R. Howard Coker's pay to the median employee pay was 121 to one.
Roger D. Fuller, Executive VP – Global Industrial and Consumer, received a compensation package of $4.1M, which increased by 25% compared to previous year. 37% of the compensation package, or $1.5M, was in stock awards.
Rodger D. Fuller, Executive VP - Global Industrial and Consumer, earned $4.1M in 2020, a 25% increase compared to previous year.
Julie C. Albrecht, Chief Financial Officer, received $2.6M in 2020, which increases by 42% compared to 2019.
James A. Jarrell, III, Vice President American Industrial, earned $2.1M in 2020.
Robert C. Tiede, Chief Executive Officer, received $1.9M in 2020, which decreases by 64% compared to 2019.
Jeffrey S. Tomaszewski, Vice President - North American Consumer & Global RPC, earned $1.5M in 2020, a 7% increase compared to previous year.
John M. Florence, Jr, General Counsel, received $1.4M in 2020.
Related executives
Jeffrey Tomaszewski
Sonoco Products
Vice President - North American Consumer & Global RPC
R Coker
Sonoco Products
Chief Executive Officer
Julie Albrecht
Sonoco Products
Chief Financial Officer
Roger Fuller
Sonoco Products
Executive VP – Global Industrial and Consumer
John Florence
Sonoco Products
General Counsel
James Jarrell
Sonoco Products
Vice President American Industrial
Robert Tiede
Sonoco Products
Chief Executive Officer
Rodger Fuller
Sonoco Products
Executive VP - Global Industrial and Consumer
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Source: SEC filing on March 18, 2022.