Spotify founder Daniel Ek to give up CEO role
The Peninsula
Stockholm: Spotifyco founder Daniel Ek will step down as CEO on January 1 and become executive chairman, handing the reins to two of his deputies in a...
Stockholm: Spotify co-founder Daniel Ek will step down as CEO on January 1 and become executive chairman, handing the reins to two of his deputies in a leadership shake-up, the music streaming giant said Tuesday.
Spotify said Gustav Soderstrom, its chief product and technology officer, and chief business officer Alex Norstrom would take over as co-CEOs.
"This change simply matches titles to how we already operate," Ek said.
"Over the last few years, I've turned over a large part of the day-to-day management and strategic direction of Spotify to Alex and Gustav," he said.
The change would come into effect on January 1, 2026.
