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 some_guy@lemmy.sdf.org to c/technology@lemmy.world
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€“] Drathro@dormi.zone 7 points 22 hours ago (1 children)

Literally just started doing this last week. I did NOT expect it to work so much better than the name-brand app for such a "closed system" as Sonos.

[โ€“] CharmOffensive@lemm.ee 4 points 9 hours ago* (last edited 9 hours ago)

Sonos is the apple of speakers: great hardware, but overpriced and a walled garden.