Sonos CEO Patrick Spence's 2018 pay jumps 463% to $2.4M
Sonos reports 2018 executive compensation
By ExecPay News
Published: January 18, 2019
Sonos reported fiscal year 2018 executive compensation information on January 18, 2019.
In 2018, five Sonos executives received on average a compensation package of $1.1M, a 72% increase compared to previous year.
Patrick Spence, Chief Executive Officer, received $2.4M in total, which increased by 463% compared to 2017. 82.90% of Spence's compensation, or $2M, was in option awards. Spence also received $52.5K in bonus and $350K in salary.
Nicholas Millington, Chief Product Officer, received a compensation package of $977K. 58.80% of the compensation package, or $574.5K, was in option awards.
Michael Giannetto, Chief Financial Officer, earned $972K in 2018, a 40% increase compared to previous year.
Matthew Siegel, Chief Commercial Officer, received $918.8K in 2018.
Joy Howard, Chief Marketing Officer, earned $436K in 2018, a 49% decrease compared to previous year.