Sonos CEO Patrick Spence's 2018 pay jumps 463% to $2.4M

Sonos reports 2018 executive compensation

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.

Average pay of disclosed executives at Sonos

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.

Sonos' fiscal year ends on undefined 0.