Patrick Spence net worth and biography

Patrick Spence Biography and Net Worth

CEO of Sonos
Patrick Spence is the Chief Executive Officer and serves on the Board of Directors for Sonos.


Patrick joined Sonos as Chief Commercial Officer in 2012. He has played a central role in the development and launch of some of the company’s most successful products. Patrick has also led the company’s expansion into new territories including China, France, Australia, and Mexico.


Prior to joining Sonos, Patrick spent over 14 years at RIM/BlackBerry in a variety of roles, including overseeing sales channels and country marketing operations in various regions including North America, Asia Pacific, Europe, the Middle East and Africa, ultimately becoming the Executive Vice President of Sales & Marketing. During Patrick’s time at RIM/Blackberry, the company grew from $50 million in revenue to more than $20 billion, and from 150 people to more than 17,000.


In 2007, Patrick was named one of Canada’s Top 40 under 40, a national program to celebrate leaders of today and tomorrow and to honor Canadians who have reached a significant level of success.


Patrick holds an Honors Degree in Business and Administration from the Richard Ivey School of Business at the University of Western Ontario in Canada.

What is Patrick Spence's net worth?

The estimated net worth of Patrick Spence is at least $10.04 million as of July 15th, 2022. Mr. Spence owns 727,690 shares of Sonos stock worth more than $10,042,122 as of September 29th. This net worth evaluation does not reflect any other investments that Mr. Spence may own. Additionally, Mr. Spence receives an annual salary of $523,350.00 as CEO at Sonos. Learn More about Patrick Spence's net worth.

How old is Patrick Spence?

Mr. Spence is currently 47 years old. There are 6 older executives and no younger executives at Sonos. The oldest executive at Sonos is Mr. Edward P. Lazarus, Chief Legal Officer & Corp. Sec., who is 63 years old. Learn More on Patrick Spence's age.

What is Patrick Spence's salary?

As the CEO of Sonos, Inc., Mr. Spence earned a total compensation package of $5,482,555.00 in 2021. Mr. Spence earned a salary of $523,346.00, stock awards of $4,959,209.00, and no other miscellaneous compensation. There are 4 executives that earn more than Mr. Spence. The highest earning executive at Sonos is Ms. Brittany Bagley, Chief Financial Officer, who commands a salary of $983,580.00 per year. Learn More on Patrick Spence's salary.

How do I contact Patrick Spence?

The corporate mailing address for Mr. Spence and other Sonos executives is 614 CHAPALA STREET, SANTA BARBARA CA, 93101. Sonos can also be reached via phone at (805) 965-3001 and via email at [email protected] Learn More on Patrick Spence's contact information.

Has Patrick Spence been buying or selling shares of Sonos?

In the last ninety days, Patrick Spence has sold $1,236,893.52 in shares of Sonos stock. Most recently, Patrick Spence sold 65,237 shares of the business's stock in a transaction on Friday, July 15th. The shares were sold at an average price of $18.96, for a transaction totalling $1,236,893.52. Following the completion of the sale, the chief executive officer now directly owns 727,690 shares of the company's stock, valued at $13,797,002.40. Learn More on Patrick Spence's trading history.

Who are Sonos' active insiders?

Sonos' insider roster includes Brittany Bagley (CFO), Anna Fraser (Insider), Nicholas Millington (Insider), Matthew Siegel (Insider), and Patrick Spence (CEO). Learn More on Sonos' active insiders.

Are insiders buying or selling shares of Sonos?

During the last year, insiders at the sold shares 10 times. They sold a total of 564,967 shares worth more than $13,183,035.13. The most recent insider tranaction occured on August, 3rd when Director Joanna Coles sold 905 shares worth more than $19,701.85. Insiders at Sonos own 3.6 % of the company. Learn More about insider trades at Sonos.

Information on this page was last updated on 8/3/2022.

Patrick Spence Insider Trading History at Sonos

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/15/2022Sell65,237$18.96$1,236,893.52727,690View SEC Filing Icon  
4/18/2022Sell65,237$25.67$1,674,633.79668,969View SEC Filing Icon  
1/18/2022Sell65,237$27.14$1,770,532.18View SEC Filing Icon  
10/15/2021Sell65,237$31.74$2,070,622.38View SEC Filing Icon  
7/15/2021Sell65,237$33.22$2,167,173.14View SEC Filing Icon  
5/3/2021Sell27,023$40.20$1,086,324.60245,664View SEC Filing Icon  
4/15/2021Sell65,237$43.31$2,825,414.47283,878View SEC Filing Icon  
1/15/2021Sell65,237$25.96$1,693,552.52227,520View SEC Filing Icon  
12/1/2020Sell27,023$22.19$599,640.37155,699View SEC Filing Icon  
9/23/2020Sell18,726$15.03$281,451.78116,768View SEC Filing Icon  
2/15/2019Sell8,610$11.45$98,584.50View SEC Filing Icon  
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Patrick Spence Buying and Selling Activity at Sonos

This chart shows Patrick Spence's buying and selling at Sonos by year and by quarter.

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Sonos Company Overview

Sonos logo
Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides wireless speakers, home theater speakers, components, and accessories. It offers its products through approximately 10,000 third-party retail stores, including custom installers of home audio systems; and e-commerce retailers, as well as through its Website sonos.com. The company was formerly known as Rincon Audio, Inc. and changed its name to Sonos, Inc. in May 2004. Sonos, Inc. was incorporated in 2002 and is headquartered in Santa Barbara, California.
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Today's Range

Now: $14.02
Low: $13.69
High: $14.13

50 Day Range

MA: $17.45
Low: $13.92
High: $23.20

2 Week Range

Now: $14.02
Low: $13.84
High: $35.46

Volume

101,588 shs

Average Volume

1,846,411 shs

Market Capitalization

$1.78 billion

P/E Ratio

16.30

Dividend Yield

N/A

Beta

2
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