A longtime Apple finance executive, Saori Casey, has been appointed as the new CFO of Sonos, a developer and manufacturer of wireless speakers and home sound systems. Casey will join Sonos on January 22, 2024, after serving almost 13 years as VP of finance at Apple. In her new role, Casey’s main focus for the first 90 days will be learning the business and meeting people to assess what’s working and what’s not. Sonos CEO Patrick Spence believes Casey’s extensive experience at world-class companies makes her well-suited to build the company’s momentum and oversee all financial functions. Casey’s experience includes working closely with the CEO and CFO of Apple to scale the company from $65 billion to nearly $400 billion in revenue, as well as engaging with board members and managing investor relations. Sonos has faced headwinds with a decline in overall revenue for fiscal year 2023, but the company remains committed to innovation and plans to enter a new category, possibly headphones, to drive revenue. Casey joins Sonos as the company makes other strategic hires, including a new chief revenue officer and chief commercial officer. Casey’s appointment follows the trend of strong finance executives moving to tech companies, and her experience and strategic focus will likely be valuable in driving Sonos’ growth and success in the highly competitive tech industry.
Apple’s finance VP Now CFO at Sonos Here’s her journey
Latest from News
Fintech booming with $350 billion growth in sector.
TLDR: The fintech sector has grown substantially, amassing over $350 billion in venture capital from 2019 to 2023. Start-ups are capitalizing on digital finance
Catch the latest fintech news in a quick weekly rundown.
TLDR: Bankjoy and nCino announce new partnerships in the fintech industry Significant funding and collaboration news in payments, lending, open banking, wealth management, and
Ameetee secures $1M funding for fintech startup.
TLDR: Ameetee, a fintech startup, has raised $1 million in seed funding to launch a B2B platform for securitizing shares in private companies. The
MTN Boosts Fintech in Africa, the Largest Wireless Carrier.
Article Summary TLDR: MTN Group Ltd. increased fintech transaction volumes by a third last year. MTN now has 72.5 million active users of its
Top fintechs prioritize this function equal to innovators and engineers.
TLDR: Key Points: Fintech success is a combination of innovation, engineering, and compliance. Compliance officers are crucial for the long-term success of fintech companies.