Spence will receive a cash severance of $1,875,000, per SEC filings. He will also get $7,500 per month and serve as a Sonos board advisor until June, and his unvested shares will vest.
If I was this bad at my job, I’d be shitcanned with no compensation. It’s pretty cool how we reward failure at the highest levels.
Said another way, the company that broke production just hired the guy who ran the backend of Pandora Radio for 10 years and not once did he make headlines for an outage.