In a regulatory filing, Sonos (SONO) said that on April 7, the board of directors appointed Hugo Barra to the Board, effective immediately. Barra was appointed as a Class III director for a term expiring at the 2027 Annual Meeting of Stockholders or until his successor is duly elected or qualified. Barra has not been appointed to any committees of the Board at this time. In addition, on April 7, Michelangelo Volpi informed the Board of his resignation as a member of the Board and of the Nominating and Corporate Governance Committee of the Board, effective immediately. There were no disagreements with the company on any matter relating to the company’s operations, policies or practices that led to Volpi’s resignation.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SONO:
- Sonos Appoints Hugo Barra to Board of Directors
- Sonos price target lowered to $7 from $13 at Morgan Stanley
- Sonos price target lowered to $13 from $19 at Jefferies
- Sonos tells Bloomberg ‘actively assessing’ implications of tariffs on business
- Morgan Stanley says Dell among IT Hardware names exposed to ‘calamitous’ tariffs