this post was submitted on 13 Jan 2025
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Sonos CEO behind disastrous app exits with $1.9 million severance (arstechnica.com)
submitted 1 day ago by [email protected] to c/[email protected]
62 comments fedilink hide all child comments
 

Spence will receive a cash severance of $1,875,000, per SEC filings. He will also get $7,500 per month and serve as a Sonos board advisor until June, and his unvested shares will vest.

If I was this bad at my job, I'd be shitcanned with no compensation. It's pretty cool how we reward failure at the highest levels.

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[โ€“] [email protected] 36 points 1 day ago (1 children)

I had 7 Sonos speakers. 2 months after they updated their app I sold them all and replaced them with the Denon 150s. I was such a Sonos booster and loved their products. Now they are a dead company to me.

[โ€“] [email protected] 11 points 1 day ago

Sonos basically failed their way out of me ever buying their shit. I bought a Wiim pro and am still using my Samsung soundbar from a decade ago. No complaints.