Sonoco announced that Harris E. DeLoach Jr. will retire as a director and as Executive Chairman in April of 2019. As part of its succession planning, the Board of Directors has named John R. Haley, current Vice Chairman, to be Chairman-elect.
At retirement, DeLoach, 74, will have served as Chairman of Sonoco’s Board of Directors for 14 years, including Executive Chairman since 2013. He was first elected to the Board in 1998 and became Chief Executive Officer of the Company in 2000 and Chairman in 2005 before retiring from day-to-day leadership in 2013. In total, DeLoach has more than 33 years of senior management and board experience with Sonoco.
Haley, 57, has served on the Sonoco Board since 2011 and is Chief Executive Officer of Gosiger, Inc., a privately owned distributor of computer-controlled machine tool and factory automation systems, based in Dayton, Ohio.
In addition to serving on the Sonoco Board of Directors, DeLoach is a Trustee of the Duke Endowment. He formerly served on the boards of Duke Energy, Milliken & Company, Goodrich and Progress Energy.
Sonoco is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services.
