Sonoco Elects Saunders CFO, Replacing Retiring Hupfer

Sonoco, Hartsville, S.C., USA, has elected Barry L. Saunders VP and CFO, effective May 1. Saunders, who currently serves as the company's VP, corporate controller, and chief accounting officer, will replace Charles J. Hupfer, SVP, who has served as CFO since May 2002. Hupfer will be retiring in May, capping a 35-year finance career with the company.

Saunders joined Sonoco in 1989 after working as an audit manager with Ernst & Young. He worked in leadership positions in the company's Treasury department for seven years before becoming director of corporate reporting and accounting. He then moved to Brussels, Belgium, for four years as director of finance for the company's European operations before returning as staff VP and global controller of the company's Industrial businesses. He was promoted to staff VP and corporate controller in 2003 and has been responsible for corporate accounting, financial reporting, and all global business unit finance. He was elected VP, corporate controller, and chief accounting officer in 2008.

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