Sonos CEO behind disastrous app exits with $1.9 million severance
Sonos CEO behind disastrous app exits with $1.9 million severance
![](https://lemmy.sdf.org/pictrs/image/e2276c05-dc24-4fe3-955e-151c5ed92953.png?format=webp&thumbnail=128)
Frustrated users think Spence’s removal is “well deserved.”…
![Sonos CEO behind disastrous app exits with $1.9 million severance](https://lemmy.sdf.org/pictrs/image/e2276c05-dc24-4fe3-955e-151c5ed92953.png?format=webp)
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.