03.04.19
Sonoco announced that Julie Albrecht has assumed responsibilities as the company’s VP and CFO. Albrecht was named the company’s CFO-elect in December 2018 and is replacing Barry Saunders, SVP and most recent CFO, who is retiring on April 1.
Albrecht reports to Rob Tiede, president and CEO, and is a member of the company’s Executive Committee.
“We’re proud of our strong financial position, and trust Julie to continue building on our 120-year foundation,” Tiede said. “During her time at Sonoco, she has been instrumental in driving significant improvement in cash flow, while handling the financing for several strategic acquisitions totaling approximately $700 million.”
Albrecht joined Sonoco in 2017 and has served as VP, treasurer and assistant CFO. Before joining Sonoco, she held senior finance roles for several public companies.
In addition, Albrecht announced that Harold (Hal) G. Cummings, III, has been promoted to staff VP, corporate treasurer, reporting to her. Previously, Cummings was staff VP, Business Unit Finance, and in total, he has 26 years of service to Sonoco working in a variety of financial planning and accounting roles. He is a member of Sonoco’s Management Committee.
“Hal’s broad experience across our Consumer and Industrial businesses and his strong financial acumen give him a solid background for his new position on our finance team,” said Albrecht.
Albrecht reports to Rob Tiede, president and CEO, and is a member of the company’s Executive Committee.
“We’re proud of our strong financial position, and trust Julie to continue building on our 120-year foundation,” Tiede said. “During her time at Sonoco, she has been instrumental in driving significant improvement in cash flow, while handling the financing for several strategic acquisitions totaling approximately $700 million.”
Albrecht joined Sonoco in 2017 and has served as VP, treasurer and assistant CFO. Before joining Sonoco, she held senior finance roles for several public companies.
In addition, Albrecht announced that Harold (Hal) G. Cummings, III, has been promoted to staff VP, corporate treasurer, reporting to her. Previously, Cummings was staff VP, Business Unit Finance, and in total, he has 26 years of service to Sonoco working in a variety of financial planning and accounting roles. He is a member of Sonoco’s Management Committee.
“Hal’s broad experience across our Consumer and Industrial businesses and his strong financial acumen give him a solid background for his new position on our finance team,” said Albrecht.