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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Aerospace

Sonos CEO steps down after app launch fallout

Patrick Spence has stepped down as chief executive of Sonos (NASDAQ:SONO) following widespread issues with the company’s new app, which launched last April.

Intended to improve the user experience, the app faced immediate backlash over technical glitches and the removal of key features.

Board member Tom Conrad has been appointed interim CEO as Sonos begins its search for a permanent replacement.

Spence, who joined Sonos in 2012 and became CEO in 2017, leaves behind a mixed legacy defined by innovation and controversy.

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