Sonos eliminating Chief Product Officer role

In a regulatory filing last night, Sonos (SONO) disclosed that on January 13, the company informed Maxime Bouvat-Merlin, the company’s Chief Product Officer, that the company is eliminating the CPO role, effective immediately. “The company and Mr. Bouvat-Merlin have agreed that he will remain employed by the company as an advisor to the Interim Chief Executive Officer for a mutually agreed transition period,” the filing stated.