SANTA BARBARA - Sonos, Inc. (NASDAQ:SONO) announced today that Patrick Spence has stepped down as Chief Executive Officer and member of the Board. The company has named Tom Conrad, a board member since 2017, as Interim CEO.
The Board has also begun searching for a permanent CEO with the help of an executive search firm.
Julius Genachowski, Chair of the Sonos Board of Directors, expressed gratitude to Spence for his leadership, which expanded Sonos’s reach into new audio markets. Genachowski highlighted Conrad’s task to enhance customer experience and business performance, emphasizing his deep product expertise and long-standing relationship with Sonos.
Conrad, expressing honor at his appointment, recalled his early work integrating Pandora (OTC:PANDY) with Sonos and pledged to focus on reliability, user experience, and innovative product development to benefit customers and shareholders.
Tom Conrad’s extensive background in consumer technology spans over 30 years. He served as CEO of Zero Longevity Science, was instrumental in establishing Quibi’s streaming service, and contributed to Snapchat’s product innovations as Vice President of Product. Conrad also played a key role at Pandora as CTO and EVP of Product.
This leadership transition is not related to Sonos’s fiscal first-quarter results, which will be reported on February 6, 2025. The company has not provided any updates on these results at this time.
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