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Sonos Names New CFO

Santa Barbara-based whole home music system company Sonos has named a new CFO, saying late Wednesday that Brittany Bagley will join the company as its new Chief Financial Officer. Bagley was previously in the private equity industry, serving as Managing Director of KKR & Co. Bagley replaces current CFO Mike Giannetto, who is retiring in June. According to Sonos, Bagley will officially become CFO on April 22nd. Bagley has actually been on the Sonos board since 2012, as a member of KKR's original Sonos investment team. According to Sonos, Bagley will be based out of its Santa Barbara headquarters, overseeing financial, accounting, corporate development, and investor relations functions, plus real estate and facilities. Sonos is a developer of whole home, very user friendly connected music systems, which plug into a large number of online streaming music services.