Sonos reports 2018 executive compensation

CEO Patrick Spence receives $2.4M

Sonos reported fiscal year 2018 executive compensation information on January 18, 2019.

In 2018, five Sonos executives received on average a compensation package of $1,131,499, a 72% increase compared to previous year.

Average pay of disclosed executives at Sonos

Patrick Spence, Chief Executive Officer, received $2,353,753 in total, which increased by 463% compared to 2017. 82.90% of Spence's compensation, or $1,951,253, was in option awards. Spence also received $52,500 in bonus and $350,000 in salary.

Nicholas Millington, Chief Product Officer, received a compensation package of $976,987. 58.80% of the compensation package, or $574,487, was in option awards.

Michael Giannetto, Chief Financial Officer, earned $971,966 in 2018, a 40% increase compared to previous year.

Matthew Siegel, Chief Commercial Officer, received $918,790 in 2018.

Joy Howard, Chief Marketing Officer, earned $435,998 in 2018, a 49% decrease compared to previous year.

Sonos' fiscal year ends on undefined 0.