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.
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.

Related executives

Patrick Spence


Chief Executive Officer

Michael Giannetto


Chief Financial Officer

Joy Howard


Chief Marketing Officer

Nicholas Millington


Chief Product Officer

Matthew Siegel


Chief Commercial Officer

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Source: SEC filing on January 18, 2019.