• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

3

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

1

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

3

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
TechSonos

Sonos CEO leaving after botched app revamp led to customer revolt

By
Mark Gurman
Mark Gurman
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Mark Gurman
Mark Gurman
and
Bloomberg
Bloomberg
Down Arrow Button Icon
January 13, 2025, 12:56 PM ET
Patrick Spence, now the former CEO of Sonos, smiles in front of a glass window
Patrick Spence, former president and chief executive officer of Sonos Inc., stands for a photograph following a Bloomberg Technology Television interview in San Francisco, California, U.S., on Monday, Feb. 11, 2019. David Paul Morris / Bloomberg—Getty Images
Add Fortune on Google for similar content.

Sonos Inc. Chief Executive Officer Patrick Spence is leaving after eight years in the job, a move that follows a botched app revamp that upset customers and stymied growth. 

Recommended Video

The audio technology company named Tom Conrad, a board member and former executive at Snap Inc. and the Pandora music streaming service, as interim CEO effective Monday and said the company has hired a firm to find a new leader. Sonos said the move isn’t related to its first-quarter financial results, which will be announced in February.

Shares of Sonos fell as much as 6.1% to $13.64 after trading opened in New York on Monday, in line with a broader market pullback. The stock initially jumped as much as 7.1% in premarket trading on the news of Spence’s departure.

The decision to tap a new CEO comes after several months of turmoil at Sonos. In May, the company rolled out a new mobile app — the software consumers use to control their speakers and other equipment — that was riddled with bugs. Among the problems, the user interface confused customers, lost key accessibility features, and removed capabilities like the sleep timer and alarms. 

“When it doesn’t work, our customers are taken out of the moment and are right‬ to feel that we’ve let them down,” Conrad said about the Sonos user experience in an email to employees. “I think we’ll all agree that this year we’ve let far too many‬ people down.”

Though Sonos has managed to release “remarkable” products, such as the Arc Ultra soundbar and Ace headphones, it was overshadowed by the poor experience, he wrote. It’s just not enough “when our customers’ alarms don’t go off, their kids‬ can’t hear their playlist during breakfast, their surrounds don’t fire, or they can’t pause the music‬ in time to answer the buzzing doorbell,” he wrote.

Customers complained that they, in some cases, spent tens of thousands of dollars outfitting their homes with pricey Sonos speaker systems, only for them to no longer work as expected because of the app. The revamp was originally meant to modernize the design and better support a new range of hardware offerings, but it didn’t go smoothly. Though the company investigated the idea of switching back to the old app, it determined that such a move wasn’t possible because of the engineering challenges.

Read More: Sonos’ Product Road Map Includes TV Box, New Speakers

For months, Sonos and Spence worked to fix the problems and restore features, but the damage was done to the company’s brand. The crisis also marred the launch of new products like the Ace headphones. Revenue fell 16% in the fiscal fourth quarter, which ended Sept. 28, and Wall Street is projecting a 15% decline in the holiday period. 

Spence was criticized for taking too long to apologize to customers, and the chaos irked employees. Amid the problems, the company postponed multiple products and other initiatives, such as a TV set-top box.

The woes also weighed on Sonos’ stock price, which has fallen about 13% since the app launched. In August, the company fired about 100 employees as it struggled to fix the software. 

“Last year presented real‬ challenges that required real resilience. Of course, we have a‬ lot to tackle on the road ahead – and also enormous opportunity,” Julius Genachowski‬, chairperson of the board, wrote to employees.

Read More: How Sonos Botched an App and Infuriated Its Customers

Conrad, who says he has a tattoo of the Sonos headphones on his left forearm, joined the board in 2017. The 55-year-old was one the creators of the Pandora music service and a vice president at Snap. Most recently, he was the product chief of short-lived video streaming app Quibi and the CEO of fasting app Zero Longevity Science. 

Spence, who is also leaving the board of directors, joined Sonos in 2012 after a career at BlackBerry to become chief commercial officer. He’ll remain an adviser to the Sonos board through June and get paid $7,500 per month until then. He’ll be paid a cash severance of about $1.9 million, and his unvested shares in Sonos will vest.

Conrad will be paid $175,000 per month and $2.65 million in additional stock shares to run Santa Barbara, California-based Sonos, according to a regulatory filing.

Sonos has long been a favorite of audiophiles, but it will have to win back customers’ trust after the recent turmoil. Thousands of users have complained about the new app of being unresponsive, improperly adjusting speaker volume, and removing their local music library search and playlist editing. In December, the company acknowledged that the problems have persisted, including ones related to volume control and connecting to devices.

Despite the concerns, Spence successfully broadened Sonos’ lineup in recent years. The push has included adding headphones, redesigning the company’s Era speakers and introducing new soundbars. The board said in a statement it appreciates Spence’s dedication to the company.

In his memo to employees, Conrad pledged to not only restore order at Sonos but take the company into new areas.

“Getting back to basics is necessary, but clearly not enough to‬‭ unlock the future we all envision for Sonos,” he wrote, saying that he wants to expand the company “well beyond” home speaker equipment. 

About the Authors
By Mark Gurman
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Tech

t
AIMarkets
Billionaire Mike Bloomberg warns Trump’s AI ownership plan would make ‘George Orwell blush’
By Eva RoytburgJuly 21, 2026
2 hours ago
U.N. reports Southeast Asia’s criminal networks are using tech to build a global illicit economy
AsiaTech
U.N. reports Southeast Asia’s criminal networks are using tech to build a global illicit economy
By The Associated PressJuly 21, 2026
2 hours ago
Anthropic to pay authors $1.5 billion over pirated books used to train Claude in first major AI copyright settlement
LawAnthropic
Anthropic to pay authors $1.5 billion over pirated books used to train Claude in first major AI copyright settlement
By The Associated PressJuly 21, 2026
2 hours ago
kid lying down on phone
PoliticsSocial Media
Lawmakers say they’re protecting kids—but their age checks are quietly building an ID requirement for the entire internet
By Catherina GioinoJuly 21, 2026
2 hours ago
holland
Arts & EntertainmentMovies
‘The audience is telling the industry something’: even IMAX is stunned by Christopher Nolan’s runaway ‘Odyssey’
By Tatiana SatauaJuly 21, 2026
4 hours ago
OpenAI CEO Sam Altman looking up.
CybersecurityOpenAI
OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
By Jeremy Kahn and Emily ForliniJuly 21, 2026
4 hours ago

Most Popular

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
1 day ago
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
Success
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
By Sydney LakeJuly 20, 2026
1 day ago
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
AI
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
By Jason MaJuly 18, 2026
3 days ago
The Treasury is walking a tightrope on U.S. debt by relying so much on short-term rates that are at the mercy of a suddenly very hawkish Fed
Economy
The Treasury is walking a tightrope on U.S. debt by relying so much on short-term rates that are at the mercy of a suddenly very hawkish Fed
By Jason MaJuly 20, 2026
1 day ago
Current price of silver as of Monday, July 20, 2026
Personal Finance
Current price of silver as of Monday, July 20, 2026
By Joseph HostetlerJuly 20, 2026
2 days ago
Jamie Dimon won't put more of his own money into the long end of the bond market right now—thanks to the $39 trillion national debt
Economy
Jamie Dimon won't put more of his own money into the long end of the bond market right now—thanks to the $39 trillion national debt
By Eleanor PringleJuly 21, 2026
13 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.