""As Executive Chairman, I will spend more of my time on the long arc: strategy, capital allocation, regulatory efforts, and the calls that will shape the next decade for Spotify," Ek said in a statement. "Gustav and Alex will continue to report to me, and we will work closely together with our Board of Directors.""
""Spotify CEO Daniel Ek has announced that he's stepping down as CEO, two decades after founding the music streaming service. Ek will transition to an executive chairman role at the company on January 1st, 2026, with Spotify co-presidents Alex Norström and Gustav Söderström set to step in as co-CEOs.""
""As co-presidents, Norström currently serves as Spotify's chief business officer, while Söderström leads the company's product and technology unit. Ek says his new executive chairman role reflects a European setup, and that he will retain a hands-on approach to shaping the future of the company.""
Daniel Ek will step down as CEO of Spotify and transition to Executive Chairman on January 1, 2026. Alex Norström and Gustav Söderström will become co-CEOs after serving as co-presidents. Norström currently serves as chief business officer and Söderström leads product and technology. As Executive Chairman, Ek will focus on long-term strategy, capital allocation, regulatory efforts, and high-level decisions shaping the next decade. Ek will retain a hands-on role and describes the setup as a European model. Norström and Söderström will report to Ek and collaborate closely with the Board of Directors. The leadership change takes effect at the start of 2026.
Read at The Verge
Unable to calculate read time
Collection
[
|
...
]