Sonos CEO Patrick Spence Steps Down, Tom Conrad Appointed Interim CEO
Sonos has announced that Patrick Spence is stepping down from his role as Chief Executive Officer and member of the Board of Directors, effective immediately. This decision follows the disastrous launch of a new Sonos app last year, which threw the company into turmoil for months.Tom Conrad, a long-standing independent Board member since 2017, has been named Interim CEO. The Board has engaged a leading executive search firm to find a permanent CEO, stating its goal to identify "a leader who will build on the Sonos legacy of innovation and excellence in serving its customers while also driving profitable growth."The company claims that this leadership transition is unrelated to its fiscal first-quarter results, which are scheduled to be reported on February 6, 2025. Sonos is not providing any updates on its financial performance at this time.Continue ReadingSpotlight Deal:New Apple iPad mini 7 On Sale for $399! [Lowest Price Ever]Share Article:Facebook, Twitter, LinkedIn, Reddit, EmailFollow iClarified:Facebook, Twitter, LinkedIn, Newsletter, App Store, YouTube
Sonos has announced that Patrick Spence is stepping down from his role as Chief Executive Officer and member of the Board of Directors, effective immediately. This decision follows the disastrous launch of a new Sonos app last year, which threw the company into turmoil for months.
Tom Conrad, a long-standing independent Board member since 2017, has been named Interim CEO. The Board has engaged a leading executive search firm to find a permanent CEO, stating its goal to identify "a leader who will build on the Sonos legacy of innovation and excellence in serving its customers while also driving profitable growth."
The company claims that this leadership transition is unrelated to its fiscal first-quarter results, which are scheduled to be reported on February 6, 2025. Sonos is not providing any updates on its financial performance at this time.
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Spotlight Deal:
New Apple iPad mini 7 On Sale for $399! [Lowest Price Ever]
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Tom Conrad, a long-standing independent Board member since 2017, has been named Interim CEO. The Board has engaged a leading executive search firm to find a permanent CEO, stating its goal to identify "a leader who will build on the Sonos legacy of innovation and excellence in serving its customers while also driving profitable growth."
The company claims that this leadership transition is unrelated to its fiscal first-quarter results, which are scheduled to be reported on February 6, 2025. Sonos is not providing any updates on its financial performance at this time.
Continue Reading
Spotlight Deal:
New Apple iPad mini 7 On Sale for $399! [Lowest Price Ever]
Share Article:
Facebook, Twitter, LinkedIn, Reddit, Email
Follow iClarified:
Facebook, Twitter, LinkedIn, Newsletter, App Store, YouTube
