Sonos CEO Resigns After Tough 2024; Interim CEO Appointed

Patrick Spence, CEO of Sonos, has decided to resign effective immediately. His departure follows a challenging 2024, which was marked by the launch of a new companion app that was meant to be more user-friendly, quicker, and overall better, as stated by Spence. Regrettably, the app, which debuted in May 2024, missed several key features present in the previous version. Additionally, the company’s first headphones, the Sonos Ace, did not perform as well as anticipated.

Official Announcement

Sonos has confirmed Spence’s resignation in an official statement, noting that he will also resign from his position on the board. As the search for a new CEO begins, Tom Conrad, who has been an independent board member since 2017, will step in as Interim CEO. Conrad brings a wealth of experience, having previously worked as the Chief Product Officer for Quibi, Vice President of Product at Snap Inc., and Chief Technology Officer and VP of Product at Pandora.

Transition Period

As reported by The Verge, Spence is the only high-level executive departing. However, he will technically stay on with the company until the end of June to provide strategic advisory services. After this period, he will receive a severance package totaling $1,875,000.

Future Plans

Sonos has no intentions of reverting to the previous app, nor are there any plans to delay upcoming products, including a rumored streaming device. In a letter to employees, Conrad expressed his commitment to not only getting the company back on the right path but also expanding the Sonos platform.

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