Sonos Management
Management criteria checks 4/4
Sonos' CEO is Patrick Spence, appointed in Jul 2016, has a tenure of 8.33 years. total yearly compensation is $5.19M, comprised of 10.6% salary and 89.4% bonuses, including company stock and options. directly owns 0.87% of the company’s shares, worth $13.68M. The average tenure of the management team and the board of directors is 4 years and 7.5 years respectively.
Key information
Patrick Spence
Chief executive officer
US$5.2m
Total compensation
| CEO salary percentage | 10.6% |
| CEO tenure | 8.3yrs |
| CEO ownership | 0.9% |
| Management average tenure | 4yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
Sonos: A Failed App Rollout Is Creating Tough Times
Oct 24Is There An Opportunity With Sonos, Inc.'s (NASDAQ:SONO) 32% Undervaluation?
Sep 29
There Are Reasons To Feel Uneasy About Sonos' (NASDAQ:SONO) Returns On Capital
Sep 02Sonos, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 12Sonos: Technical Missteps Are Overshadowing Strong Sales And Great Value
Aug 09What Is Sonos, Inc.'s (NASDAQ:SONO) Share Price Doing?
Jun 19Sonos, Inc.'s (NASDAQ:SONO) Popularity With Investors Is Clear
May 21Sonos: Wait For The Second Half Story To Unfold
May 09Some Investors May Be Worried About Sonos' (NASDAQ:SONO) Returns On Capital
Apr 24Calculating The Fair Value Of Sonos, Inc. (NASDAQ:SONO)
Mar 19Sonos: The Latest Earnings Suggest The Worst Part Is Over
Feb 20Sonos, Inc.'s (NASDAQ:SONO) P/S Is Still On The Mark Following 27% Share Price Bounce
Feb 16Sonos: Product Launches To Drive 2024 Recovery
Feb 13Sonos, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Feb 09Is It Time To Consider Buying Sonos, Inc. (NASDAQ:SONO)?
Jan 24Sonos (NASDAQ:SONO) Is Experiencing Growth In Returns On Capital
Jan 03Estimating The Fair Value Of Sonos, Inc. (NASDAQ:SONO)
Dec 08Should You Investigate Sonos, Inc. (NASDAQ:SONO) At US$16.24?
Jul 05Is Sonos, Inc. (NASDAQ:SONO) Trading At A 39% Discount?
Jun 06Is It Too Late To Consider Buying Sonos, Inc. (NASDAQ:SONO)?
Apr 03Investors Will Want Sonos' (NASDAQ:SONO) Growth In ROCE To Persist
Jan 04At US$17.14, Is It Time To Put Sonos, Inc. (NASDAQ:SONO) On Your Watch List?
Dec 20Is Sonos, Inc. (NASDAQ:SONO) Trading At A 50% Discount?
Dec 05Sonos (NASDAQ:SONO) Might Have The Makings Of A Multi-Bagger
Sep 26Why Sonos, Inc. (NASDAQ:SONO) Could Be Worth Watching
Sep 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2024 | n/a | n/a | -US$38m |
| Jun 29 2024 | n/a | n/a | -US$16m |
| Mar 30 2024 | n/a | n/a | -US$44m |
| Dec 30 2023 | n/a | n/a | -US$5m |
| Sep 30 2023 | US$5m | US$550k | -US$10m |
| Jul 01 2023 | n/a | n/a | -US$43m |
| Apr 01 2023 | n/a | n/a | -US$20m |
| Dec 31 2022 | n/a | n/a | US$19m |
| Oct 01 2022 | US$8m | US$550k | US$67m |
| Jul 02 2022 | n/a | n/a | US$123m |
| Apr 02 2022 | n/a | n/a | US$141m |
| Jan 01 2022 | n/a | n/a | US$150m |
| Oct 02 2021 | US$5m | US$523k | US$159m |
| Jul 03 2021 | n/a | n/a | US$186m |
| Apr 03 2021 | n/a | n/a | US$111m |
| Jan 02 2021 | n/a | n/a | US$41m |
| Oct 03 2020 | US$3m | US$528k | -US$20m |
| Jun 27 2020 | n/a | n/a | -US$68m |
| Mar 28 2020 | n/a | n/a | -US$25m |
| Dec 28 2019 | n/a | n/a | US$4m |
| Sep 28 2019 | US$12m | US$550k | -US$5m |
| Jun 29 2019 | n/a | n/a | US$23m |
| Mar 30 2019 | n/a | n/a | US$10m |
| Dec 29 2018 | n/a | n/a | US$10m |
| Sep 29 2018 | US$2m | US$350k | -US$16m |
Compensation vs Market: Patrick's total compensation ($USD5.19M) is about average for companies of similar size in the US market ($USD5.35M).
Compensation vs Earnings: Patrick's compensation has been consistent with company performance over the past year.
CEO
Patrick Spence (49 yo)
8.3yrs
Tenure
US$5,190,714
Compensation
Mr. Patrick Spence serves as an Independent Director at Snap Inc. since September 14, 2023. He has been Chief Executive Officer and Director at Sonos, Inc. since January 2017 and has been its President sin...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 8.3yrs | US$5.19m | 0.87% $ 13.7m | |
| Chief Strategy Officer | 5.8yrs | US$707.10k | 0.27% $ 4.3m | |
| Chief People Officer | 2.2yrs | US$1.20m | 0.022% $ 343.1k | |
| Chief Innovation Officer | 14.8yrs | US$1.62m | 0.31% $ 4.9m | |
| Chief Commercial Officer | 1.1yrs | US$273.02k | 0.015% $ 233.9k | |
| Chief Product Officer | 1.6yrs | US$2.34m | 0.00058% $ 9.1k | |
| Co-Founder and VP of Sales & Marketing | no data | no data | no data | |
| Chief Financial Officer | less than a year | no data | no data | |
| SVP of Finance and Technology | 10.5yrs | no data | 0.15% $ 2.3m | |
| Vice President of Corporate Finance | 9.7yrs | no data | no data | |
| Head of Investor Relations & Treasury | no data | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data |
4.0yrs
Average Tenure
49.5yo
Average Age
Experienced Management: SONO's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 7.8yrs | US$5.19m | 0.87% $ 13.7m | |
| Independent Chairperson | 11.2yrs | US$314.05k | 0.033% $ 513.8k | |
| Independent Director | 14.7yrs | no data | 0.044% $ 693.6k | |
| Independent Director | 7.7yrs | US$273.02k | 0.016% $ 255.9k | |
| Director | less than a year | no data | 0.00079% $ 12.4k | |
| Independent Director | 4.8yrs | US$263.02k | 0.0077% $ 121.1k | |
| Independent Director | 7.4yrs | US$283.02k | 0.016% $ 255.9k | |
| Independent Director | less than a year | no data | 0.0012% $ 18.8k |
7.5yrs
Average Tenure
57yo
Average Age
Experienced Board: SONO's board of directors are considered experienced (7.5 years average tenure).