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Sonos Executive Compensation (FY25)

SONO · Santa Barbara, CA · Executive and director compensation, fiscal 2023 to 2025

The paid brief on Sonos

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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Data as of September 7, 2026Latest filing (8-K): March 11, 2026
10 filings cited on this page
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Published by Velarion Company Intelligence
Sonos brief$1,500Get the executive brief
266 figures on this page: 260 cited to the filing that reported them, 6 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Tom Conrad
Median of the other named officers
$3,304,175
5 officers, excluding the chief executive
Latest say-on-pay support
=
March 5, 2026
Chief executive pay ratio
◇
To the median employee

More on Sonos

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive of record: Patrick Spence → Tom Conrad
Say-on-pay support: 55.9% → 91.1% (35.2 points higher)
CEO pay ratio: 35:1 → 37:1 (5.7% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Sonos' chief executive and what were they paid?
Tom Conrad, Chief Executive Officer and Director, received $8,275,354 in total compensation for fiscal 2025.
What was Sonos' say-on-pay result?
Shareholders supported the say-on-pay proposal with 91.1% of votes cast for or against in favor at the meeting held March 5, 2026 for fiscal 2025.
What is Sonos' chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 37:1, against median employee compensation of $170,401.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Patrick Spence
Chief Executive Officer
◇—◇—◇——◇
Maxime Bouvat-Merlin
Chief Product Officer
◇—◇—◇—◇◇
Nicholas Millington
Chief Innovation Officer
◇—◇—◇—◇◇
Matthew Siegel
Former Chief Commercial Officer
Departed during or after this year
◇—◇———◇◇
Shamayne Braman
Chief People Officer
◇—◇—◇—◇◇
Edward Lazarus
Former Chief Financial Officer, Chief Legal and Strategy Officer and Corporate Secretary
Departed during or after this year
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Saori Casey
Chief Financial Officer
◇—◇———◇◇
Patrick Spence
Former Chief Executive Officer
Departed during or after this year
◇—◇————◇
Deirdre Findlay
Chief Commercial Officer
◇—◇———◇◇
Maxime Bouvat-Merlin
Former Chief Product Officer
Departed during or after this year
◇—◇———◇◇
Edward Lazarus
Chief Legal and Strategy Officer and Corporate Secretary
◇—◇———◇◇
Nicholas Millington
Chief Innovation Officer
◇—◇———◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Patrick Spence
Former Chief Executive Officer
Departed during or after this year
◇—◇◇——◇◇
Tom Conrad
Chief Executive Officer and Director
◇◇◇—◇——◇
Saori Casey
Chief Financial Officer
◇—◇—◇—◇◇
Eddie Lazarus
Chief Legal and Business Development Officer
◇—◇—◇—◇◇
Nicholas Millington
Chief Innovation Officer
◇—◇—◇—◇◇
Shamayne Braman
Former Chief People Officer
Departed during or after this year
◇—◇———◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Eddie LazarusPSU◇◇◇—◇—◇
Eddie LazarusPSU◇—◇—◇—◇
Eddie LazarusRSU◇——◇——◇
Eddie LazarusPSU◇◇◇—◇—◇
Nicholas MillingtonRSU◇——◇——◇
Nicholas MillingtonPSU◇◇◇—◇—◇
Nicholas MillingtonPSU◇◇◇—◇—◇
Nicholas MillingtonPSU◇◇◇—◇—◇
Patrick SpenceRSU◇—————◇
Patrick SpenceRSU◇——◇——◇
Saori CaseyPSU◇◇◇—◇—◇
Saori CaseyRSU◇——◇——◇
Saori CaseyPSU◇◇◇—◇—◇
Shamayne BramanPSU◇◇◇—◇—◇
Shamayne BramanPSU◇◇◇—◇—◇
Shamayne BramanRSU◇——◇——◇
Shamayne BramanPSU◇◇◇—◇—◇
Tom ConradRSU◇——◇——◇
Tom ConradRSU◇——◇——◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Nicholas MillingtonOption◇—◇—
Option◇—◇—
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Patrick SpenceOption◇—◇—
Option◇—◇—
Option◇—◇—
Saori CaseyRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Eddie LazarusRSU◇◇——
PSU◇◇——
RSU◇◇——
Option◇—◇—
PSU◇◇——
Tom ConradRSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Nicholas Millington
Chief Innovation Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Change-in-control base◇
Patrick Spence
Former Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance cash amount◇
Change-in-control trigger◇
Equity acceleration on change in control◇
Benefits continuation◇
Saori Casey
Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Change-in-control base◇
Shamayne Braman
Former Chief People Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance cash amount◇
Benefits continuation◇
Tom Conrad
Chief Executive Officer and Director · Terms as announced by the company
Severance base◇
Equity acceleration on change in control◇
Benefits continuation◇
Clawback◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Julius Genachowski
Board chair
◇◇————◇
Karen Boone
◇◇————◇
Joanna Coles
◇◇————◇
Bracken Darrell
◇◇————◇
Jonathan Mildenhall
◇◇————◇
Hugo Barra
—◇————◇
Joe Kennedy, Mandy Fields, Tom Conrad and Carmine Arabia served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025March 5, 2026=◇◇◇
2024March 11, 2025=◇◇◇
2023March 11, 2024=◇◇◇
2022March 9, 2023=◇◇◇
2021March 10, 2022=◇◇◇
2020March 11, 2021=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Sonos disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
266 figures on this page: 260 cited to the filing that reported them, 6 calculated from figures it prints.
260 cited to the filing
6 calculated from the filing

Documents cited

  1. 0001314727-26-000050
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001314727-26-000021
    CEO Pay Ratio · Compensation Discussion and Analysis · DIRECTOR COMPENSATION · Director Compensation Table · and 3 more sections
  3. 0001314727-25-000067
    EX-10.16
  4. 0001314727-25-000042
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0001314727-25-000012
    Summary Compensation Table
  6. 0001314727-24-000002
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0000950170-24-008143
    Summary Compensation Table
  8. 0000950170-23-007617
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001314727-22-000015
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001314727-21-000013
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Sonos executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/SONO (accessed 2026).
Short form: data: Velarion

The paid brief for Sonos

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
10 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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