Sonos Interim CEO Makes His Mark Early into Tenure -- Market Talk

Dow Jones

Jan 15, 2025

1823 ET - Sonos' new leader is taking on a lot of responsibilities. Interim CEO Tom Conrad is eliminating the chief product officer role and said the product organization will report directly to him. Conrad in a note to employees cited his product background as a reason the CPO role, held by Maxime Bouvat-Merlin, at Sonos would be redundant. Conrad's past stints include serving as CPO at Quibi and vice president of product at Pandora. The maker of premium wireless speakers and other audio products is in the midst of a serious shakeup in the last two days alone, starting with Patrick Spence stepping down as CEO. Bouvat-Merlin agreed to stay on as an adviser to Conrad for a time during the transition. (denny.jacob@wsj.com; @pennedbyden)

(END) Dow Jones Newswires

January 14, 2025 18:23 ET (23:23 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2503635319"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2503635319\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2503635319?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-15 07:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2503635319","market":"nz","top_or_hot":-1,"title":"Sonos Interim CEO Makes His Mark Early into Tenure -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1823 ET - Sonos' new leader is taking on a lot of responsibilities. Interim CEO Tom Conrad is eliminating the chief product officer role and said the product organization will report directly to him. Conrad in a note to employees cited his product background as a reason the CPO role, held by Maxime Bouvat-Merlin, at Sonos would be redundant. Conrad's past stints include serving as CPO at Quibi and vice president of product at Pandora. The maker of premium wireless speakers and other audio products is in the midst of a serious shakeup in the last two days alone, starting with Patrick Spence stepping down as CEO. Bouvat-Merlin agreed to stay on as an adviser to Conrad for a time during the transition. (denny.jacob@wsj.com; @pennedbyden) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 14, 2025 18:23 ET (23:23 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sonos Interim CEO Makes His Mark Early into Tenure -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSonos Interim CEO Makes His Mark Early into Tenure -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-15 07:23</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1823 ET - Sonos' new leader is taking on a lot of responsibilities. Interim CEO Tom Conrad is eliminating the chief product officer role and said the product organization will report directly to him. Conrad in a note to employees cited his product background as a reason the CPO role, held by Maxime Bouvat-Merlin, at Sonos would be redundant. Conrad's past stints include serving as CPO at Quibi and vice president of product at Pandora. The maker of premium wireless speakers and other audio products is in the midst of a serious shakeup in the last two days alone, starting with Patrick Spence stepping down as CEO. Bouvat-Merlin agreed to stay on as an adviser to Conrad for a time during the transition. (denny.jacob@wsj.com; @pennedbyden) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 14, 2025 18:23 ET (23:23 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2503635319","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2503635319","pubTimestamp":1736896980,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1823 ET - Sonos' new leader is taking on a lot of responsibilities. Interim CEO Tom Conrad is eliminating the chief product officer role and said the product organization will report directly to him. Conrad in a note to employees cited his product background as a reason the CPO role, held by Maxime Bouvat-Merlin, at Sonos would be redundant. Conrad's past stints include serving as CPO at Quibi and vice president of product at Pandora. The maker of premium wireless speakers and other audio products is in the midst of a serious shakeup in the last two days alone, starting with Patrick Spence stepping down as CEO. Bouvat-Merlin agreed to stay on as an adviser to Conrad for a time during the transition. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4078":"消费电子产品","SONO":"搜诺思公司"},"translate_title":"Sonos临时首席执行官上任伊始就崭露头角——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SONO":0.9},"content_text":"1823 ET - Sonos' new leader is taking on a lot of responsibilities. Interim CEO Tom Conrad is eliminating the chief product officer role and said the product organization will report directly to him. Conrad in a note to employees cited his product background as a reason the CPO role, held by Maxime Bouvat-Merlin, at Sonos would be redundant. Conrad's past stints include serving as CPO at Quibi and vice president of product at Pandora. The maker of premium wireless speakers and other audio products is in the midst of a serious shakeup in the last two days alone, starting with Patrick Spence stepping down as CEO. Bouvat-Merlin agreed to stay on as an adviser to Conrad for a time during the transition. (denny.jacob@wsj.com; @pennedbyden) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 14, 2025 18:23 ET (23:23 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}