Yates, Hill Named to Sonoco’s Board of Directors
“Lloyd is a recognized leader in the energy industry, having run large, complex organizations that achieve top quartile operational performance,” said John Haley, Sonoco board chairman. “He will be a great addition to Sonoco’s Board of Directors as he brings an abundance of senior executive leadership along with a depth of technical and regulatory skills.”Yates, 59, recently retired as Executive Vice President of Customer and Delivery Operations and President, Carolinas Region for
Yates previously was a member of Duke Energy’s executive leadership team, joining the Company in 2012 following the merger with
Residing in Charlotte, N.C., Yates holds a B.S. degree in Mechanical Engineering from the
Hill, 53, is Chief Executive Officer of
“We are pleased to have Robert joining the Sonoco Board as he brings a strong background in banking and finance, along with public company C-suite and merger and acquisitions experience,” Haley added.
In addition to serving as CEO of
Yates and Hill are independent members of the Sonoco Board and will stand for election by shareholders at the Company’s 2020 Annual General Meeting.
Founded in 1899, Sonoco (NYSE: SON) is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. With annualized net sales of approximately $5.4 billion, the Company has 23,000 employees working in approximately 300 operations in 36 countries, serving some of the world’s best known brands in some 85 nations. Sonoco is committed to creating sustainable products, services and programs for our customers, employees and communities that support our corporate purpose of Better Packaging. Better Life. The Company ranked first in the Packaging sector on Fortune’s World’s Most Admired Companies for 2019. For more information, visit www.sonoco.com.
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Source: Sonoco Products Company