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CFO

Sonos Intros New CFO and Stock Drops Again

April 8, 2019 by Ted Leave a Comment

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Last week Sonos (Nasdaq: SONO) announced a new CFO to replace current CFO Mike Giannetto, whose retirement was unexpectedly announced almost as an afterthought in a February report of Q1 fiscal results. Late in the text associated with those results, CEO Patrick Spence, in an almost casual fashion, thanked Ginnetto for his service and told investors the CFO was retiring…a total surprise to the market. Sonos stock dropped double digits…and dropped even though the company had reported a record first quarter. (Read my report to see troubling signs within the ‘record’ Sonos quarterly report…)

New CFO intro & Sonos stock drops again…

[Read more…] about Sonos Intros New CFO and Stock Drops Again

Filed Under: Brands, Financial, Manufacturers, News, People Tagged With: Brittany Bagley, CFO, KKR, Sonos

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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