Sonos, Inc. announced that industry leading corporate finance executive Saori Casey will join the company’s executive leadership team as its new Chief Financial Officer, effective January 22, 2024. Saori will oversee all financial, accounting, real estate, technology, and investor relations functions within the company. Saori succeeds current CFO Eddie Lazarus, who will take on the new role of Chief Strategy Officer while retaining existing duties as Chief Legal Officer.
Saori brings more than 30 years of corporate finance experience, with nearly 13 years serving as Vice President of Finance at Apple, where she was responsible for running all aspects of Apple’s financial planning, forecasting, capital allocations, investor relations, as well as financial management of all G&A functions. Prior to joining Apple, Saori spent 15 years at Cisco, where she held a number of finance leadership roles spanning operations, sales, R&D, FP&A, M&A, and systems, as the company scaled its revenue from $4 billion to over $40 billion. In addition, Saori serves on the board of Houzz, as both chair of the Audit Committee and a member of the Compensation Committee.
“I am excited to welcome Saori as our new CFO. The depth and breadth of her experience at world-class companies like Apple and Cisco make her perfectly suited to build on our momentum and seize the opportunity ahead,” says Sonos CEO Patrick Spence. “Saori’s appointment to CFO and Eddie’s transition to Chief Legal and Strategy Officer, along with the recent appointments of Deirdre Findlay as Chief Commercial Officer and Maxime Bouvat-Merlin as Chief Product Officer, have yielded an accomplished executive leadership team poised to accomplish our ambition to be the world’s leading sound experience company.”
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“Sonos is an iconic consumer brand with an exciting portfolio of audio products that delight and inspire millions of consumers around the world, myself included,” said incoming Chief Financial Officer, Saori Casey. “I have great admiration for what the team has built and am energized by the opportunity to help lead Sonos into its next phase of growth.”
In his new role, Eddie will be responsible for leading Sonos’ strategic planning, corporate development, and sustainability efforts, in addition to his Chief Legal Officer duties.
“I am incredibly grateful for the opportunity to serve as CFO of Sonos during the last 16 months. I hand the baton to Saori at an exciting time, following a successful holiday season, and ahead of our entry into a new multi-billion dollar category later this year,” Eddie Lazarus commented. “I look forward to partnering with Saori to ensure a smooth transition, and dedicating more of my time to crafting the strategies that will position Sonos to succeed over the long term.”
SOURCE: BusinessWire