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