After a difficult 2024, Sonos Chief Executive Officer Patrick Spence is leaving the speaker company and board participant Tom Conrad is actioning in as interim chief executive officer.
Conrad was the CTO of Pandora, operated at Apple in the 90 s and most lately was the primary item officer of Quibi. The Canadian-born Spence will certainly stick to the business till June 30 th, and as soon as he leaves, he’ll be paid $ 1, 875, 000 USD (about, $ 2 7 million CAD).
Conrad shows up crazy about rejuvenating Sonos and dealing with the app, after that relocating the brand name ahead. In a letter to Sonos employees acquired by The Brink, he outlines a strategy to return to innovation that was at the heart of Sonos to aid recover consumers.
Patrick Spence in 2018
That stated, as anxious as Conrad might be, he’s only the interim chief executive officer, so the business is still trying to find somebody to fill up the role permanent. Spence was Chief Executive Officer of Sonos for 8 years and was well-regarded until the app ordeal in 2024
On the Sonos subReddit, preferred remarks wonder if Maxime Bouvat-Merlin, Sonos’ chief item officer, will certainly additionally share a few of the blame because the item teams were a huge component of the app’s failing. On the whole, the commenters more than happy that Spence is gone.
That stated, past the preliminary disaster of launching an extremely broken app, I felt that Spence appeared strong in front of the concern and took the blame while setting up a quick strategy to obtain most speakers back in working order. It is difficult to see him ousted this way, and it will certainly be interesting to see what kind of CEO the Sonos board brings in to replace him.
Sonos also feels like it remains in a strong area leading into 2025 with items like the brand-new Arc Ultra soundbar and staples like the Age 100 Leaks suggest that the business is additionally dealing with a streaming box to compete with tools like Apple TV, Roku and Amazon Fire Television.
Source: Sonos
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