Sonos CEO Patrick Spence has been leading the audio giant for close to eight years. You don’t get to hold onto the CEO role for that long without doing a lot right time and time again: from introducing new home speakers to diversifying the company’s supply chain out of China. What many in the business world don’t realize is that Spence was there at the early days of Blackberry. In fact, he sold some of the first Blackberry phones to Wall Street over a 14 year career at the company. Yahoo Finance Executive Editor Brian Sozzi talks with Spence about his leadership journey, what went wrong at Blackberry and why Sonos is poised to challenge Apple in the headphone category.
Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.
Find this episode's transcripts and more episodes of Opening Bid at http://finance.yahoo.com/videos/series/opening-bid/.
Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.
01:15-Sonos CEO's early love for tech
05:00-Patrick Spence brought BlackBerry to Wall Street
12:10-Pandemic brought more Sonos speakers into peoples home
16:20-What do Biden's tariffs mean for international production?
18:15-Sonos launches new headphones
Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky.
Patrick Spence is the Chief Executive Officer and serves on the Board of Directors for Sonos.
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