2018 Guide to Effective Proxies

2.8 Election of directors | 135 6 TH EDITION | GUIDE TO EFFECTIVE PROXIES RR DONNELLEY PROPOSALS: 1 . ElectionofDirectors TheBoardRecommendsaVoteFOREachNominee forDirector Thenamesofthenominees,alongwiththeirpresentpositions,theirprincipaloccupations,theircurrentdirectorshipsheldwithother publiccorporations,aswellassuchdirectorshipsheldduringthepastfiveyears,theiragesandtheyearfirstelectedasadirector,among otherthings,aresetforthbelow. DanielL.Knotts DanielL.KnottshasservedasamemberofourBoardsince2016. CurrentDirectorships: None FormerDirectorships: None Age: 53 Directorsince: 2016 SinceOctober2016,Mr.KnottshasbeenthePresidentandChiefExecutiveOfficerofRRD.Priorto that,Mr.KnottswastheCompany’sChiefOperatingOfficersince2013.HeservedasGroup Presidentfrom2008until2012and,from2007until2008,heservedasChiefOperatingOfficerof theGlobalPrintSolutionsbusiness.From1986until2007,Mr.Knottsheldpositionsofincreasing responsibilityatRRDwithinfinance,operations,salesmanagementandbusinessunitleadershipat variouslocationsintheUnitedStates,includingservingasSeniorVicePresidentofOperationsfor theMagazineBusiness,PresidentoftheSpecializedPublishingServicesbusinessandPresidentof theMagazine,CatalogandRetailbusinesses. Qualifications: Mr.Knottsbringsover30yearsofexperienceintheprintingindustry.Hehasservedinvarious operationalandleadershipcapacitiesthroughouttheCompanyandhisdeepknowledgeofthe industryandRRDgivehimuniquestrategicinsights. JohnC.Pope JohnC.PopeistheChairofourBoard.Mr.PopehasbeenamemberofourBoardsince2004. CurrentDirectorships: TheKraftHeinzCompany TalgoSA WasteManagement,Inc. FormerDirectorships: Con-way,Inc. DollarThriftyAutomotive Group,Inc. NavistarInternational Corporation KraftFoods,Inc. MotivePowerIndustries Age: 69 Directorsince: 2004 Mr.PopehasservedastheChairmanofPFIGroup,LLC,aprivateinvestmentcompany,since1994. From1988until1994,Mr.PopeservedinvariouscapacitiesatUnitedAirlinesanditsparent companyUALCorporation,includingservingasPresident,ChiefOperatingOfficerandadirector. Qualifications: Mr.Pope’sexperienceaschairmanandseniorexecutiveofvariouspubliccompaniesprovides financial,strategicandoperationalleadershipexperiencetotheBoard.Heisanauditcommittee financialexpertbasedonhisexperienceaschieffinancialofficerofapubliccompanyaswellashis experienceasamemberandchairmanofotherpubliccompanyauditcommittees.Hehas considerablecorporategovernanceexperiencethroughhisyearsofserviceonotherpubliccompany boardsinavarietyofindustries. IreneM.Esteves IreneM.EsteveshasservedasamemberofourBoardsince2017. CurrentDirectorships: Aramark SpiritAeroSystems Holdings,Inc. FormerDirectorships: Level3Communications TWTelecomInc. Age: 59 Directorsince: 2017 Ms.EstevesmostrecentlyservedastheChiefFinancialOfficerofTimeWarnerCableInc.from2011 to2013.ShepreviouslyservedastheExecutiveVicePresidentandChiefFinancialOfficerofXL Groupplcfrom2010to2011.Priortothat,Ms.EsteveswastheSeniorVicePresidentandChief FinancialOfficerofRegionsFinancialCorporationfrom2008to2010. Qualifications: Ms.Esteves’experienceasachieffinancialofficerofmultiplecompaniesbringsfinancialandstrategy expertisetotheBoard.Sheisanauditcommitteefinancialexpertbasedonherexperienceasachief financialofficerofotherpubliccompaniesandbringsdeepknowledgeoffinancialreporting,internal controlsandproceduresandriskmanagementtoourBoard.Ms.Estevesalsohasconsiderable corporategovernanceexperiencegainedthroughherserviceonotherpubliccompanyboards. BOARDSKILLSKEY Financial GlobalBusiness Governance Leadership Sales&Marketing Strategy OurBoardofDirectorsRecommends a VoteFOREachNomineeforDirector 2 RRD 2018NoticeofMeetingandProxyStatement Total of 03 pages in section S&P GLOBAL, INC. BOARDOFDIRECTORSANDCORPORATEGOVERNANCE(continued) DirectorNominees Thefollowing12DirectornomineesarecurrentlyservingasDirectorsoftheCompanyandhavebeennomi- natedtostandforre-electionatthisAnnualMeetingtoserveone-yeartermsthatwillexpireatthe2019 AnnualMeeting.Setforthbelowisinformationregardingeachofthe12Directornominees.Pleaseseepages1 through6andpage92ofthisProxyStatementforvotinginformation.FollowingeachDirectornominee’s biographybelow,wehavehighlightedcertainnotableskillsandqualificationsthattheNominatingandCorpo- rateGovernanceCommitteereviewedandconsideredwhenrecommendingtheDirectornominee.Committee membershipisidentifiedfortheone-yeartermexpiringatthe2018AnnualMeeting. MARCOALVERÀ DirectorSince: 2017 BoardCommittees: FinancialPolicy NominatingandCorporate Governance MarcoAlverà ,age42,istheChiefExecutiveOfficerofSnamS.p.A.,Europe’s leadingnaturalgasutility.HeservedasChairmanoftheboardofSnamRete GasuntilNovember2017.PriortojoiningSnamin2016,Mr.Alveràhelda numberofseniorleadershippositionsatEniS.p.A.,amongthem,Headof Eni’scommoditiestradingandshippingbusiness.Hehasparticipatedinthe upstream,midstreamanddownstreamaspectsoftheoilandgasindustry. PriortoEniS.p.A.,Mr.AlveràservedasHeadofGroupStrategyatEnelS.p.A., amultinationalpowercompanyfunctioninginthegasandelectricitysectors, particularlyinEuropeandLatinAmerica.HealsoservedasChiefFinancial OfficerofWindTelecomunicazioniS.p.A.andco-foundedNetesi,Italy’sfirst broadbandADSLcompany.Mr.AlveràstartedhiscareeratGoldmanSachs. HealsositsontheboardoftheCiniFoundationinVeniceandpreviously servedontheboardofGazpromNeft,aRussianintegratedoilcompany. Mr.Alvera` isalsoafrequentspeakerandlectureronbusiness,sustainability, andtheenergytransition. SkillsandQualifications WebelieveMr.Alverà’squalificationstositonourBoardofDirectorsinclude hisexpertiseinthecommoditymarkets,hisbackgroundinstrategyand corporatefinance,aswellashisexecutiveleadershipandmanagementexpe- rienceacquiredthroughouthiscareerintheenergyindustry. 16 2018ProxyStatement Total of 12 pages in section SALESFORCE.COM, INC. DIRECTORSANDCORPORATEGOVERNANCE(CONTINUED) Biographies of Our Board Members Thenamesandcertaininformationas of March31, 2018 about our directornominees,allof whom arecurrentlymembersofourBoard and were elected by stockholders at the 2017 Annual Meeting (other than Bernard Tyson, who was appointed to the Board in October 2017),aresetforthbelow.Therearenofamilyrelationshipsamonganyofourdirectorsorexecutiveofficers.Ourdirectorsserveuntilthe nextAnnualMeetingofStockholdersanduntiltheirsuccessorsareelectedandqualified,subjecttoearlierresignationorremoval.Please seeProposal1inthisProxyStatementformoreinformationabouttheelectionofourdirectors. MarcBenioff ChairmanoftheBoardand ChiefExecutiveOfficer Age:53 DirectorSince:1999 MarcBenioffisChairman,CEOandCo-founderofSalesforceand a pioneer of cloud computing. Under Mr. Benioff’s visionary leadership, Salesforce has become the fastest-growing top-five enterprise software company and the #1 CRM provider globally. Mr. Benioff was named Innovator of the Decade by Forbes, ranked #3 on Fortune’s 2017 “Best Businessperson of the Year” list,andrecognizedasoneoftheWorld’s50GreatestLeadersby Fortune and 20 Best-Performing CEOs by Harvard Business Review. A member of the World Economic Forum Board of Trustees, Mr. Benioff serves as the inaugural chair of WEF’s Forum Center for the Fourth Industrial Revolution in San Francisco. Mr. Benioff also serves as chair of Salesforce.org. Mr.BenioffservedasadirectorofCiscoSystems,Inc.from2012 to 2014. Mr. Benioff received a B.S. in Business Administration fromtheUniversityofSouthernCalifornia,whereheisonitsBoard ofTrustees. Qualifications Mr. Benioff’s vision and status as one of our founders, as well as his tenure as our Chief Executive Officer and Chairman of the Board, bring unique and invaluable experience to the Board. Further, his experience in sales, marketing and product development in the technology industry supports our conclusion that Mr. Benioff has the necessary and desired skills, experience andperspectivetoserveonourBoard. KeithBlock ViceChairman, PresidentandChiefOperatingOfficer Age:57 DirectorSince:2013 Keith Block has served as our Vice Chairman, President and as a Director since joining Salesforce in June 2013, and has additionally served as our Chief Operating Officer since February 2016. Prior to that, Mr. Block was employed at Oracle Corporation from 1986 to June 2012 where he held a number of positions, most recently Executive Vice President, North America. Mr. Block currently serves on the World Economic Forum’s Information Technology Community as a Governor, the Board of Trustees for Carnegie-Mellon University, the President’s Advisory Councilat Carnegie-MellonUniversityHeinzGraduateSchooland the Board of Trustees at the Concord Museum. Mr. Block received both a B.S. in Information Systems and an M.S. in Management&PolicyAnalysisfromCarnegie-MellonUniversity. Qualifications Mr. Block’s extensive background in the technology sector and in global sales and business management, including his prior experience as an executive officer of another public technology company, supports our conclusion that Mr. Block has the necessaryanddesiredskills,experienceandperspectivetoserve onourBoard. 2018 Proxy Statement 5 Total of 06 pages in section SONOCO PRODUCTS COMPANY 7 SONOCO 2018 PROXY STATEMENT proposal 1: election of directors Dr.Davieshas beenPresidentofQueensUniversityof Charlotte (institution of higher learning),Charlotte,NC, since 2002.Prior to that, shewasDean of theMcColl SchoolofBusiness atQueensUniversityofChar- lotte from2000 to 2002.She is currently a director of Proposal 1: Election of Directors TheBoardofDirectors is fixedat twelvemembers. In June,2017,weamendedourArticlesof Incorporation to declassifyourBoardofDirectorsandelectalldirectorsannually.Pursuant to the transitionprovisionof thatamend- ment,directorselectedat the2018AnnualMeetingwilleachbeelected fora termofone year.Directorselectedat the2017and2016AnnualMeetingsofShareholders,however,will continue toholdoffice for the three-year terms forwhich theywereelected,expiringat the2020and2019AnnualMeetings, respectively.Thereafter,allDirectors electedateachAnnualMeetingofShareholderswillholdoffice fora termofone year,oruntil their respective suc- cessorsaredulyelectedandqualified.Therefore,atourAnnualMeeting, fourdirectorswillbeelected.P.L.Davies, H.E.DeLoach Jr.,P.Guillemot,andR.C.Tiedehavebeenpresented to theCorporateGovernanceandNominating CommitteebyourLeadDirector forelection toholdofficeuntilourAnnualShareholders’Meeting in2019.Theproxy agents intend to vote FOR theelectionof the fourpersonsnamedaboveunless youwithholdauthority to vote for anyorallof thenominees.Detailsof theBoarddeclassification canbe foundunder theheading “Declassification of theBoardofDirectors”onpage14. TheBoard ofDirectors recommends that you vote FOR eachnominee. Mr.DeLoach hasbeen ourExecutiveChairman since 2013, prior towhich hehad beenourChairman since 2005.Hewas ourChiefExecutiveOfficer from 2000 untilhis retirement in2013, andPresident from2000 to2010.He isa trusteeof theDukeEndowmentand servesasChairmanof its investment committee.Mr. DeLoachwaspreviouslya directorofProgressEner- gy, Inc. from 2006 to2012,GoodrichCorporation from 2003 to2012,DukeEnergy from2012 to 2016,and Dr. Pamela L. Davies Boardmembersince:2004 Age:61 Harris E. DeLoach, Jr. Boardmembersince:1998 Age:73 YMCA,USA (anonprofitorganization)andCarolinas HealthcareSystem.Shewaspreviouslya director of CharmingShoppes from 1998 to2009,C&DTechnolo- gies, Inc. from 1998 to 2010, andFamilyDollarStores, Inc. from2009 to 2015. Sonoco’sBoard believesDr.Davies isqualified to serveas a director basedon theexperience described above,aswellas the financialand strategicplanning expertise,broad leadership ability, global perspective, and strong business academic viewpoint derived from her serviceaspresidentofa university and former deanof itsbusiness school.Her pastexperienceon theboards of other public companiesalso provides her with valuable regulatory experience and an under- standing of corporate governance issues. Milliken&Co (a privately held innovative textile and chemical company) from2008 to 2017.Mr.DeLoach is the father-in-law of J.M.Florence, Jr.,who is an execu- tive officerof theCompany. Sonoco’sBoardbelievesMr.DeLoach is qualified to serveasadirectorbasedon his successful leadership of theCompany over the past32 years, includinghis 13 years of service as ourChiefExecutiveOfficer.Mr. DeLoach has extensive knowledgeand understand- ingofour business, ourpeople,our customers,and our shareholders.Asa formerpracticing attorney and a former boardmemberofother public and privately held companies, he also brings in-depth legal and cor- porate governance experience.TheBoarddetermined thatMr.DeLoach continues to demonstrate special attributes thatmakehim particularly valuable to the Company, such that his continued servicebeyondage 72would be in thebest interest of theCompany. Total of 06 pages in section