$1,875,000 severance

January 15, 2025

For Patrick Spence, the canned Sonos CEO. Spence also will get $7,500 a month for “strategic advisory” until June. The drama started in May 2024 with Sonos’ buggy app that got pushed out way too early so they could sell fancy headphones. Sales numbers were awful, employees quit, and it spiraled into a full-on PR disaster. Way to go, Mr. CEO!