Sonoco appoints new president and CEO

Prior to being named CEO, Tiede served as executive vice president and chief operating officer at Sonoco, with global leadership, sales and operating responsibility for all of the company’s diversified consumer, industrial and protective packaging businesses.

Tiede joined Sonoco as president of Sonoco CorrFlex with the 2004 acquisition of CorrFlex Graphics’ point-of-purchase merchandising display and supply chain management business. In 2006, Tiede assumed responsibility for Sonoco’s global packaging services business, and in 2007 he was named division vice president and general manager of the company’s flexible packaging division. Prior to joining Sonoco, Tiede worked in private equity as president of Bostic Packaging/CorrFlex from 2000 to 2004 and president of Sterling International from 1998 to 2000. He also served as executive vice president of operations for Graphic Packaging International’s flexible packaging division from 1994 to 1998.

During his tenure at Sonoco, the company’s consumer-related businesses have increased sales by approximately 90 percent and operating profits by 120 percent, as the company’s consumer growth strategy developed broader global packaging and services capabilities.

Tiede is active in industry and community organizations and is the outgoing chairman of the Flexible Packaging Association and chairman of United Way of Hartsville.

Tiede said: ‘It’s humbling, and truly an honor to have the opportunity to lead such a storied company, with a legacy going back more than a century. This is an exciting time for Sonoco as we continue to evolve our portfolio and geographic footprint in ways that help us serve our purpose, “Better Packaging. Better Life.”, while delivering value to our shareholders, our customers and our teammates.’

Tiede replaces the retiring Jack Sanders, who served as president and CEO since 2013. Tiede will be the ninth CEO of the 119-year-old company.

Harris DeLoach, chairman of the board at Sonoco, said: ‘Rob has made significant contributions to Sonoco over the past fourteen years, especially as we have worked to expand our consumer packaging business.

‘We look forward to Rob’s leadership as we continue to build upon our existing foundation, while charting new courses for growth.’